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PPG Industries (PPG - Free Report) is expected to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The earnings report, which is expected to be released on October 27, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis paint and coatings maker is expected to post quarterly earnings of $2.13 per share in its upcoming report, which represents no change from the year-ago quarter.

Revenues are expected to be $4.28 billion, up 4.7% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.42% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for PPG Industries?For PPG Industries, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -1.71%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that PPG Industries will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that PPG Industries would post earnings of $2.26 per share when it actually produced earnings of $2.23, delivering a surprise of -1.33%.

Over the last four quarters, the company has beaten consensus EPS estimates just once.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

PPG Industries doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

PITTSBURGH--(BUSINESS WIRE)--The Board of Directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 74 cents per share, payable Dec. 11 to shareholders of record Nov. 10. This payment will mark 55 consecutive years of annual increases in the company's dividend and is the 513th consecutive dividend payment. Through the ongoing dedication and engagement of its workforce, the company has paid uninterrupted annual dividends since 1899. PPG: WE PROTECT AND BEAUTIFY THE WORLD® At PPG.

Key Takeaways PPG generated $594 million in operating cash flow in the first half of 2026, supporting shareholder returns.Cost savings and pricing actions lifted Global Architectural Coatings' EBITDA margin 100 bps to 19.4%.PPG returned $1.4 billion to shareholders in 2025 and has raised its annual dividend for 54 straight years. PPG Industries, Inc. (PPG - Free Report) is supported by its robust cash flow from operating activities. It has outdone its last year’s cash flow performance by $223 million, by reporting $594 million in operating cash flow in the first half of 2026. It is expected to continue on this trajectory as its cost reduction and pricing actions keep benefiting the company.

This strong cash flow supported $175 million of share repurchases and $317 million in dividends during the first half, with total shareholder returns of about $235 million in the second quarter.

Structural and restructuring initiatives are lowering the company’s costs, with $75 million in structural cost savings in 2025 and $20 million in the first quarter of 2026, followed by about $15 million in restructuring savings in the second quarter of 2026. Selling prices are also increasing. These actions are supporting margin expansion, particularly in Global Architectural Coatings, where EBITDA margin improved 100 basis points year over year to 19.4%. The resulting improvement in profitability, combined with disciplined capital allocation and lower leverage, is enabling stronger operating cash flow.

PPG returned $1.4 billion to shareholders in 2025 and increased its annual dividend payout for 54 consecutive years. Continued cash generation and disciplined capital deployment should help continue the trend of enhancing shareholder value.

Among its major peers, Sherwin-Williams Company (SHW - Free Report) generated a higher net operating cash of $1.49 billion during the first six months of 2026 compared with $1.05 billion in fiscal 2025. Sherwin-Williams has also been actively implementing aggressive cost-control initiatives, optimizing its supply chain and focusing on productivity improvements to boost its cash-generating capacity.

Celanese Corporation (CE - Free Report) recorded operating cash inflow of roughly $285 million for the first six months of 2026, down from the previous-year period’s $447 million. Celanese continued to pursue growth by accelerating cost improvements and deleveraging to strengthen cash generation.

The Zacks Rundown for PPGShares of PPG have gained 5.5% in the past year against the Zacks Chemical - Specialty industry’s rise of 3.3%.

Image Source: Zacks Investment Research

From a valuation standpoint, PPG is currently trading at a forward price-to-sales multiple of 1.35, a discount to the industry average of 2.44X. It carries a Value Score of B.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for PPG’s 2026 and 2027 earnings implies a year-over-year rise of 3.96% and 10.48%, respectively. The EPS estimates for 2026 and 2027 has been trending lower over the past 60 days.

Image Source: Zacks Investment Research

PPG stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

PPG announces $70 million investment to expand Aerospace operations in Huntsville, Alabama PPG (NYSE: PPG) today announced a $70 million investment to expand its aerospace transparencies site in Huntsville, Alabama. The investment is part of a series of multi-year projects that support the company’s ongoing efforts to increase production capacity and continued growth of PPG’s aerospace transparencies business.

“Demand for aerospace transparencies continues to grow across commercial, military and general aviation markets,” said Francois Buehlmann, PPG general manager, global transparencies, Aerospace. “This expansion increases our operational efficiency, provides room for future equipment investments and reinforces our long-term commitment to serving customers and investing in Huntsville.”

The expansion includes the lease and build-out of a new 112,000-square-foot facility that will house production support functions, enabling additional manufacturing space at PPG's existing aerospace transparencies facility. The ongoing projects enhance the company's ability to meet growing customer demand for aircraft cockpit windows and passenger windows while positioning the site for future growth.

“Huntsville is recognized globally for innovation and leadership in aerospace,” said Buehlmann. “We are proud to continue investing in this community and look forward to growing alongside the region's dynamic aerospace network.”

The company has operated its aerospace transparencies manufacturing facility in Huntsville for more than 55 years. PPG's aerospace business supplies coatings, sealants, transparencies, engineered materials and related services to commercial, regional, general aviation and military customers worldwide.

PPG: WE PROTECT AND BEAUTIFY THE WORLD®

At PPG (NYSE: PPG), we work every day to develop and deliver the paints, coatings and specialty products that our customers have trusted for more than 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we market and sell in more than 50 countries and reported net sales of $15.9 billion in 2025. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

The PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261007048988/en/

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

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Representative Lloyd Doggett (Democratic-Texas) recently bought shares of International Business Machines Corporation (NYSE:IBM). In a filing disclosed on October 5th, the Representative disclosed that they had bought between $1,001 and $15,000 in International Business Machines stock on September 10th.

Representative Lloyd Doggett also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/17/2026. Purchased $1,001 – $15,000 in shares of PPG Industries (NYSE:PPG) on 9/11/2026. Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 9/8/2026. Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 8/17/2026. International Business Machines Stock Performance NYSE IBM opened at $221.41 on Wednesday. The firm has a market cap of $208.60 billion, a price-to-earnings ratio of 19.65, a price-to-earnings-growth ratio of 2.11 and a beta of 0.73. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. The business has a 50-day moving average price of $232.26 and a 200-day moving average price of $244.44. International Business Machines Corporation has a twelve month low of $199.19 and a twelve month high of $332.46.

International Business Machines (NYSE:IBM – Get Free Report) last released its earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The firm had revenue of $17.16 billion during the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter last year, the business posted $2.80 earnings per share. The firm’s revenue was up 1.1% on a year-over-year basis. As a group, equities research analysts predict that International Business Machines Corporation will post 12.33 EPS for the current fiscal year. International Business Machines Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 10th were given a $1.69 dividend. This represents a $6.76 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Monday, August 10th. International Business Machines’s payout ratio is presently 59.98%.

Wall Street Analysts Forecast Growth A number of brokerages have issued reports on IBM. Bank of America cut their price objective on shares of International Business Machines from $330.00 to $280.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. Wall Street Zen downgraded shares of International Business Machines from a “hold” rating to a “sell” rating in a report on Saturday, September 12th. Citigroup dropped their target price on shares of International Business Machines from $255.00 to $245.00 and set a “buy” rating for the company in a research report on Friday, July 24th. Weiss Ratings cut shares of International Business Machines from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, September 29th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $270.00 price target (down from $300.00) on shares of International Business Machines in a report on Tuesday, July 21st. Eighteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, International Business Machines currently has a consensus rating of “Moderate Buy” and an average target price of $253.52.

Get Our Latest Stock Report on IBM

Institutional Inflows and Outflows A number of institutional investors have recently made changes to their positions in the business. BlackRock Inc. purchased a new position in shares of International Business Machines in the 2nd quarter worth approximately $21,586,659,000. State Street Corp raised its holdings in International Business Machines by 2.7% during the 2nd quarter. State Street Corp now owns 56,045,055 shares of the technology company’s stock valued at $15,760,430,000 after buying an additional 1,450,562 shares during the period. Capital World Investors raised its holdings in International Business Machines by 29.2% during the 4th quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock valued at $6,523,720,000 after buying an additional 4,976,756 shares during the period. Bank of America Corp DE lifted its position in International Business Machines by 7.0% in the first quarter. Bank of America Corp DE now owns 16,063,653 shares of the technology company’s stock worth $3,893,669,000 after buying an additional 1,049,602 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in International Business Machines in the second quarter worth $2,606,782,000. Institutional investors own 58.96% of the company’s stock.

Key Stories Impacting International Business Machines Here are the key news stories impacting International Business Machines this week:

Positive Sentiment: IBM and Red Hat said their Lightwell initiative has remediated more than 400 previously unknown open-source vulnerabilities since June. The announcement reinforces IBM’s cybersecurity and enterprise software capabilities, although it did not include a material financial forecast. IBM and Red Hat Remediate More Than 400 Previously Unknown Open Source Vulnerabilities Positive Sentiment: Zscaler’s collaboration with IBM and Red Hat combines Zscaler’s application protection with IBM’s Lightwell remediation technology. The partnership could improve IBM’s positioning in AI-related cybersecurity and expand enterprise ecosystem adoption. Zscaler Collaborates with IBM and Red Hat to Protect Private Applications from Frontier AI-Powered Threats Positive Sentiment: Zapata Quantum joined the IBM Quantum Network, while Stakk announced an IBM contract for AI-powered document processing in Australia and New Zealand. Both developments support IBM’s quantum-computing and AI commercialization efforts, though the near-term revenue impact is unclear. Zapata Joins IBM Quantum Network to Advance Applications Stakk Wins IBM Contract to Drive AI-Powered Expansion in Australia and New Zealand Neutral Sentiment: Wall Street analysts reportedly rate IBM a “Moderate Buy,” and the company generated $13.15 billion of free cash flow on $69.09 billion of revenue over the past year. However, commentary questions whether IBM’s economic moat is widening enough to justify its valuation. What is IBM’s Economic Moat, and is it Widening or Narrowing? Negative Sentiment: Jim Cramer’s “wait-a-quarter” view highlights investor caution following IBM’s recent quarterly revenue shortfall. The latest results met EPS expectations but revenue of $17.16 billion fell short of the $17.46 billion consensus, limiting enthusiasm despite year-over-year growth. Jim Cramer Sticks to His Wait-a-Quarter Rule on IBM Insiders Place Their Bets In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the transaction, the senior vice president owned 47,800 shares in the company, valued at $11,009,296. The trade was a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.27% of the stock is owned by company insiders.

About Representative Doggett Lloyd Doggett (Democratic Party) is a member of the U.S. House, representing Texas’ 37th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Doggett (Democratic Party) is running for re-election to the U.S. House to represent Texas’ 37th Congressional District. He declared candidacy for the 2026 election.

Lloyd Doggett was born in Austin, Texas. Doggett graduated from Austin High School in 1964. He earned a B.A. from the University of Texas at Austin in 1967 and a J.D. from the University of Texas in 1970. Doggett’s career experience includes working as an adjunct professor with the University of Texas School of Law. In the 116th Congress, Doggett served on the House Ways & Means Committee, and he co-founded the House Prescription Drug Taskforce.

(Get Free Report)

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology company that provides hybrid cloud, artificial intelligence, software, consulting and infrastructure solutions. Its offerings help businesses and government organizations manage data, modernize applications, automate processes and improve cybersecurity.

IBM’s portfolio includes the Red Hat hybrid cloud platform, the watsonx suite of artificial intelligence and data tools, consulting services, and enterprise software for areas such as automation, application management, security and asset management.

Featured Articles Five stocks we like better than International Business Machines Constellation Energy’s Google Deal Shows Why Nuclear Uprates Matter for AI Lamb Weston’s Turnaround Is Starting to Look Real These 3 Stocks Got the Most Love From Analysts in September Record French Debt Could Create Opportunities for U.S. Market Operators Receive News & Ratings for International Business Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Business Machines and related companies with MarketBeat.com's FREE daily email newsletter.

Representative Lloyd Doggett (Democratic-Texas) recently bought shares of Johnson & Johnson (NYSE:JNJ). In a filing disclosed on October 5th, the Representative disclosed that they had bought between $1,001 and $15,000 in Johnson & Johnson stock on September 8th.

Representative Lloyd Doggett also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/17/2026. Purchased $1,001 – $15,000 in shares of PPG Industries (NYSE:PPG) on 9/11/2026. Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 9/10/2026. Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 8/17/2026. Johnson & Johnson Stock Performance NYSE:JNJ opened at $254.85 on Wednesday. Johnson & Johnson has a 52 week low of $182.94 and a 52 week high of $281.07. The company has a fifty day simple moving average of $265.86 and a two-hundred day simple moving average of $248.63. The company has a quick ratio of 0.81, a current ratio of 1.09 and a debt-to-equity ratio of 0.44. The company has a market cap of $614.17 billion, a price-to-earnings ratio of 29.53, a price-to-earnings-growth ratio of 2.48 and a beta of 0.21.

Johnson & Johnson (NYSE:JNJ – Get Free Report) last released its earnings results on Wednesday, July 15th. The company reported $2.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.84 by $0.06. Johnson & Johnson had a return on equity of 32.42% and a net margin of 21.48%.The firm had revenue of $25.31 billion during the quarter, compared to analyst estimates of $25.06 billion. During the same period last year, the business posted $2.77 earnings per share. Johnson & Johnson’s revenue was up 6.6% compared to the same quarter last year. Johnson & Johnson has set its FY 2026 guidance at 11.600-11.750 EPS. As a group, equities analysts anticipate that Johnson & Johnson will post 11.54 earnings per share for the current fiscal year. Johnson & Johnson Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Tuesday, August 25th were paid a $1.34 dividend. The ex-dividend date was Tuesday, August 25th. This represents a $5.36 annualized dividend and a dividend yield of 2.1%. Johnson & Johnson’s payout ratio is 62.11%.

Insider Buying and Selling at Johnson & Johnson In related news, EVP Jennifer Taubert sold 15,000 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $263.36, for a total value of $3,950,400.00. Following the transaction, the executive vice president directly owned 194,451 shares in the company, valued at $51,210,615.36. This represents a 7.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Vanessa Broadhurst sold 23,054 shares of the firm’s stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $251.27, for a total transaction of $5,792,778.58. Following the completion of the transaction, the executive vice president directly owned 23,003 shares in the company, valued at approximately $5,779,963.81. The trade was a 50.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 87,569 shares of company stock valued at $23,064,544. 0.16% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows Several large investors have recently modified their holdings of JNJ. Silver Coast Investments LLC boosted its holdings in Johnson & Johnson by 3.8% in the second quarter. Silver Coast Investments LLC now owns 1,066 shares of the company’s stock valued at $271,000 after acquiring an additional 39 shares during the last quarter. Townsend Asset Management Corp NC ADV lifted its position in Johnson & Johnson by 0.6% during the 2nd quarter. Townsend Asset Management Corp NC ADV now owns 6,418 shares of the company’s stock valued at $1,630,000 after purchasing an additional 39 shares during the period. Triumph Capital Management lifted its position in Johnson & Johnson by 1.6% during the 2nd quarter. Triumph Capital Management now owns 2,531 shares of the company’s stock valued at $643,000 after purchasing an additional 39 shares during the period. Denali Advisors LLC boosted its stake in shares of Johnson & Johnson by 1.2% in the 2nd quarter. Denali Advisors LLC now owns 3,305 shares of the company’s stock valued at $839,000 after purchasing an additional 40 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC grew its position in shares of Johnson & Johnson by 1.8% during the 4th quarter. Beaird Harris Wealth Management LLC now owns 2,422 shares of the company’s stock worth $501,000 after buying an additional 42 shares during the period. Institutional investors and hedge funds own 69.55% of the company’s stock.

Wall Street Analysts Forecast Growth Several equities analysts have recently issued reports on the company. Johnson Rice reiterated a “buy” rating on shares of Johnson & Johnson in a research note on Monday, August 3rd. Royal Bank Of Canada upped their target price on shares of Johnson & Johnson from $287.00 to $290.00 and gave the stock an “outperform” rating in a research note on Tuesday. Scotiabank reaffirmed an “outperform” rating and issued a $305.00 target price on shares of Johnson & Johnson in a report on Thursday, July 16th. Argus set a $300.00 price target on shares of Johnson & Johnson in a report on Wednesday, July 29th. Finally, Stifel Nicolaus set a $260.00 price objective on shares of Johnson & Johnson in a research report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $276.22.

Read Our Latest Stock Report on JNJ

Key Headlines Impacting Johnson & Johnson Here are the key news stories impacting Johnson & Johnson this week:

Positive Sentiment: Innovative Medicines is offsetting MedTech pressure. RBC Capital Markets said accelerating momentum in J&J’s Innovative Medicines business is helping counter persistent headwinds in MedTech. New drug launches and portfolio diversification remain key reasons analysts see support for the shares. Johnson & Johnson’s Innovative Medicines Momentum Offsets MedTech Headwinds Positive Sentiment: Defensive dividend characteristics are attracting investors. Analysts continue to highlight J&J’s diversified healthcare portfolio, recurring demand and dividend reliability as advantages during an economic downturn. Those qualities may support the stock’s valuation and limit downside volatility. Looking for a Dividend Stock That Can Weather a Downturn? Positive Sentiment: MedTech could improve later in the year. While Abiomed and broader competitive pressures weighed on the segment, Vision, Orthopedics and Surgery may produce a stronger second half and help restore growth. Can J&J’s MedTech Business Rebound in Q3 After Q2 Slowdown? Neutral Sentiment: Investors are focused on the October 13 earnings report. Recent commentary questions whether J&J has the setup for another earnings beat, making upcoming results and management’s guidance important near-term catalysts. The company previously exceeded EPS and revenue expectations and forecast fiscal 2026 EPS of $11.60–$11.75. Negative Sentiment: The 2027 patent cliff remains the main overhang. Articles warn that roughly $4 billion of revenue may be exposed when key patents expire in 2027. Investors are therefore evaluating whether J&J’s drug pipeline and replacement launches can offset the loss, rather than focusing only on the next quarter’s EPS. The Next Patent Cliff Will Test a Replacement Engine Neutral Sentiment: Management is emphasizing artificial intelligence. CEO Joaquin Duato described AI as a force multiplier that J&J needs to embrace, but the interview offered limited near-term financial detail. Johnson & Johnson CEO Says AI Has to Be Embraced About Representative Doggett Lloyd Doggett (Democratic Party) is a member of the U.S. House, representing Texas’ 37th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Doggett (Democratic Party) is running for re-election to the U.S. House to represent Texas’ 37th Congressional District. He declared candidacy for the 2026 election.

Lloyd Doggett was born in Austin, Texas. Doggett graduated from Austin High School in 1964. He earned a B.A. from the University of Texas at Austin in 1967 and a J.D. from the University of Texas in 1970. Doggett’s career experience includes working as an adjunct professor with the University of Texas School of Law. In the 116th Congress, Doggett served on the House Ways & Means Committee, and he co-founded the House Prescription Drug Taskforce.

Johnson & Johnson Company Profile (Get Free Report)

Johnson & Johnson (NYSE: JNJ) is a global healthcare company that develops, manufactures and markets products through two primary business segments: Innovative Medicine and MedTech. Its operations serve patients, healthcare professionals and consumers in markets around the world.

The Innovative Medicine segment focuses on prescription medicines in areas including immunology, oncology, neuroscience, cardiovascular and metabolic disease, infectious diseases, and pulmonary hypertension.

Read More Five stocks we like better than Johnson & Johnson Constellation Energy’s Google Deal Shows Why Nuclear Uprates Matter for AI Lamb Weston’s Turnaround Is Starting to Look Real These 3 Stocks Got the Most Love From Analysts in September Record French Debt Could Create Opportunities for U.S. Market Operators Receive News & Ratings for Johnson & Johnson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson & Johnson and related companies with MarketBeat.com's FREE daily email newsletter.

PPG Industries (NYSE:PPG – Get Free Report) and Asahi Glass (OTCMKTS:ASGLY – Get Free Report) are both materials companies, but which is the better stock? We will compare the two businesses based on the strength of their dividends, analyst recommendations, earnings, profitability, valuation, institutional ownership and risk.

Analyst Recommendations This is a breakdown of current ratings and target prices for PPG Industries and Asahi Glass, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score PPG Industries 0 9 8 0 2.47 Asahi Glass 0 1 0 0 2.00 PPG Industries presently has a consensus target price of $126.81, indicating a potential upside of 19.66%. Given PPG Industries’ stronger consensus rating and higher possible upside, analysts plainly believe PPG Industries is more favorable than Asahi Glass.

Earnings & Valuation This table compares PPG Industries and Asahi Glass”s top-line revenue, earnings per share (EPS) and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio PPG Industries $15.88 billion 1.48 $1.58 billion $6.98 15.18 Asahi Glass $13.77 billion 0.57 $463.39 million $0.55 13.06 PPG Industries has higher revenue and earnings than Asahi Glass. Asahi Glass is trading at a lower price-to-earnings ratio than PPG Industries, indicating that it is currently the more affordable of the two stocks.

Dividends PPG Industries pays an annual dividend of $2.96 per share and has a dividend yield of 2.8%. Asahi Glass pays an annual dividend of $0.16 per share and has a dividend yield of 2.2%. PPG Industries pays out 42.4% of its earnings in the form of a dividend. Asahi Glass pays out 29.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. PPG Industries has increased its dividend for 54 consecutive years. PPG Industries is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Insider & Institutional Ownership 81.9% of PPG Industries shares are owned by institutional investors. 0.3% of PPG Industries shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Volatility and Risk PPG Industries has a beta of 1.07, meaning that its share price is 7% more volatile than the S&P 500. Comparatively, Asahi Glass has a beta of 0.46, meaning that its share price is 54% less volatile than the S&P 500.

Profitability This table compares PPG Industries and Asahi Glass’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets PPG Industries 9.57% 21.07% 7.80% Asahi Glass 4.22% 5.28% 3.05% Summary PPG Industries beats Asahi Glass on 16 of the 17 factors compared between the two stocks.

About PPG Industries (Get Free Report)

PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through two segments, Performance Coatings and Industrial Coatings. The Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; wood stains; paints, thermoplastics, pavement marking products, and other advanced technologies for pavement marking for government, commercial infrastructure, painting, and maintenance contractors; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft. The Industrial Coatings segment offers coatings, adhesives and sealants, and metal pretreatments, as well as services and coatings applications for appliances, agricultural and construction equipment, consumer electronics, automotive parts and accessories, building products, kitchenware, and transportation vehicles and other finished products; and on-site coatings services. It also provides coatings for metal cans, closures, plastic and aluminum tubes for food, beverage and personal care, promotional, and specialty packaging; amorphous precipitated silica for tire, battery separator, and other end-uses; TESLIN substrates for labels, e-passports, drivers' licenses, breathable membranes, and loyalty and identification cards; and organic light emitting diode materials, displays and lighting lens materials, optical lenses, color-change products, and photochromic dyes. PPG Industries, Inc. was incorporated in 1883 and is headquartered in Pittsburgh, Pennsylvania.

About Asahi Glass (Get Free Report)

AGC Inc. manufactures and sells glass, automotive, electronics, chemicals, and ceramics worldwide. The company offers architectural glass products, including laminated, insulating, wired, solar control, toughened, decorative, sound insulation, float and patterned, and industrial glasses; structural glazing systems; and automotive glass, such as laminated, tempered, and privacy glasses, as well as integrated glass antennas and module assembly windows. It also provides glass substrates for thin-film-transistor liquid crystal displays and OLEDs; synthetic fused silica glass, synthetic quartz crystals, silicon carbides, CMP slurry, through glass Vias, high refractive index glass, diffusers, glass ceramics substrates, optical planar devices, IR cut filters, aspherical glass and molded lens, and micro lens array products; polycarbonate and optical sheets, thin sheets, and films; and glass frits and pastes, as well as glass substrates for semiconductor packaging and other electronic materials. In addition, the company offers cover glass for smartphones and tablet devices; glass substrates for photovoltaic devices and touch panels; specialty glass; extra clear float glass; transparent conductive oxide glass for a-Si type solar module; and ultra-thin glass for electronics devices. Further, it provides chlor-alkali, polyurethanes, fluoro, and specialty chemical products; high thermal insulation ceramics wall for furnaces; and ceramic beads, sputtering targets, abrasion resistant ceramics, alumina cement, engineering fine ceramics, and ceramics molding agents for 3D printers. Additionally, the company engages in the digital signage on glass, copper clad laminate, and plastic optical fiber businesses; and gas and solvents, and life Science businesses. The company was formerly known as Asahi Glass Co., Ltd. and changed its name to AGC Inc. in July 2018. AGC Inc. was founded in 1907 and is headquartered in Tokyo, Japan.

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PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has promoted scientist Venkateshwarlu Kalsani to PPG associate fellow. A prestigious designation within the scientific community, the associate fellow title recognizes PPG science and technology employees who consistently deliver excellence in innovation and acknowledges the future technological advancements they can discover. “Being named an associate fellow is one of the highest achievements within PPG's technical organizatio.

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that Alex Lopez, currently PPG director, investor relations, has been appointed PPG vice president, investor relations and operational finance, effective Oct. 1. Lopez will continue to report to Jamie Beggs, PPG senior vice president and chief financial officer. In this expanded role, Lopez will continue to lead investor relations while assuming responsibility for enterprise operational finance, with a focus on strengthening capital d.

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.

Headquartered in Pittsburgh, PPG Industries (PPG - Free Report) is a Basic Materials stock that has seen a price change of 2.92% so far this year. The paint and coatings maker is paying out a dividend of $0.74 per share at the moment, with a dividend yield of 2.81% compared to the Chemical - Specialty industry's yield of 0.64% and the S&P 500's yield of 1.42%.

Looking at dividend growth, the company's current annualized dividend of $2.96 is up 6.5% from last year. Over the last 5 years, PPG Industries has increased its dividend 5 times on a year-over-year basis for an average annual increase of 5.52%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. PPG Industries's current payout ratio is 37%, meaning it paid out 37% of its trailing 12-month EPS as dividend.

Looking at this fiscal year, PPG expects solid earnings growth. The Zacks Consensus Estimate for 2026 is $7.88 per share, representing a year-over-year earnings growth rate of 3.96%.

Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. However, not all companies offer a quarterly payout.

Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, PPG is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).

PPG (NYSE: PPG) hosted an Innovation Day at the Global Coatings Innovation Center in Tianjin, bringing together PPG leaders, technical experts and customers to demonstrate how innovation, digital capabilities and collaboration are helping address evolving industry challenges and create value for our customers.

As customer expectations continue to evolve, PPG remains focused on advancing both INSIDE THE CAN™ innovation and OUTSIDE THE CAN™ innovation strategies. Inside the Can innovation focuses on developing coatings, chemistries and materials that help improve performance, productivity and sustainability. Outside the Can innovation extends beyond products to include application technologies, digital tools, services and process innovations that help customers improve operational performance and solve complex business challenges.

“Innovation today extends beyond the coatings themselves,” said David Bem, PPG senior vice president, science and technology and chief technology officer. “We continue to advance innovation through breakthroughs in materials and technologies while delivering greater value through application technologies, digital capabilities and customer-focused solutions. The most meaningful innovation happens when we work alongside customers to solve challenges, create new possibilities and help them to be more productive.”

Discussions throughout Innovation Day reinforced PPG’s commitment to working directly with customers to turn technical insight into practical solutions that improve productivity, efficiency and performance. By combining coatings innovation, application expertise, digital tools and customer collaboration, PPG is helping customers solve operational challenges faster, adopt more effective processes and unlock measurable value across their businesses.

PPG: WE PROTECT AND BEAUTIFY THE WORLD®

At PPG NYSE:PPG , we work every day to develop and deliver the paints, coatings and specialty products that our customers have trusted for more than 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 50 countries and reported net sales of $15.9 billion in 2025. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

Inside the Can and Outside the Can are trademarks and the PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260911831495/en/

Key Takeaways PPG launched five ready-to-use ONE RANGE marine coatings to simplify onboard fleet maintenance.The coatings use waterborne, alkyd and polyurethane technologies and support low-VOC compliance.PPG's POWERPACK tool is designed to reduce equipment changes and improve crew productivity. PPG Industries, Inc. (PPG - Free Report) recently introduced the PPG ONE RANGE portfolio of five one-component marine coatings, designed to simplify onboard fleet maintenance and help crews complete projects more efficiently. SMM 2026 maritime industry trade fair in Hamburg, Germany, will witness the launch of these ready-to-use solutions, eliminating the requirement for mixing and reducing application complexity.

The portfolio is comprised of waterborne, alkyd and polyurethane technologies for a broad range of interior and exterior maintenance applications. The coatings also incorporate technologies designed to support low-VOC compliance and low flame spread certification.

PPG is also previewing the PPG POWERPACK application tool at SMM to display its portable, battery-powered system that allows crews to reduce equipment changes and improve productivity. Together, the ONE RANGE portfolio and POWERPACK tool strengthen PPG’s marine coatings offering enhanced efficiency and ease of application.

The launch indicates PPG’s focus on improving the coatings maintenance process by extending vessel lifecycles, reducing preparation time and making application easier.

PPG’s Performance Coatings segment’s net sales increased 7% year over year to $1.62 billion in the second quarter. The increase reflected higher selling prices, favorable foreign currency translation and contributions from acquisitions. Organic sales rose 3%, led by aerospace, protective and marine coatings and traffic solutions. These gains were partly offset by lower automotive refinish volumes.

PPG shares have gained 0.7% in the past year against the industry’s 0.8% decline.

Image Source: Zacks Investment Research

PPG’s Zacks Rank & Key PicksPPG currently carries a Zacks Rank #3 (Hold)

Some better-ranked stocks in the Basic Materials space are Neo Performance Materials Inc. (NOPMF - Free Report) , Carpenter Technology Corporation (CRS - Free Report) and Avient Corporation (AVNT - Free Report) .

While NOPMF currently sports a Zacks Rank #1 (Strong Buy), CRS and AVNT carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for NOPMF’s 2026 earnings is pegged at $1.4 per share, indicating a 185.71% year-over-year increase. NOPMF’sshares have gained 92% over the past year.

The Zacks Consensus Estimate for CRS’ fiscal 2027 earnings is pegged at $12.92 per share, indicating a rise of 20.07% year over year. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 8.39%.

The Zacks Consensus Estimate for AVNT’s current-year earnings is pinned at $3.2 per share, indicating a 13.48% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 3.4%. AVNT’sshares have gained 13.8% over the past year.

Key Takeaways PPG Industries posted 4% organic sales growth in Q2, its sixth straight quarter of organic gains.Aerospace delivered double-digit organic growth, with a nearly $300 million backlog supporting expansion.Weak auto refinish demand, soft European coatings markets and inflation continue to pressure profitability. PPG Industries, Inc. (PPG - Free Report) has been benefiting from its strong aerospace demand conditions and market-share gains while facing pressure from weak automotive refinish and European architectural markets.

The company’s shares have gained 2.4% over a year compared with the Zacks Chemical - Specialty industry’s 0.9% growth.

Image Source: Zacks Investment Research

Let’s find out why PPG stock is worth retaining at the moment.

Aerospace Strength, Share Gains and Cost Actions Support GrowthPPG Industries is benefiting from a combination of aerospace strength, market-share gains, pricing actions and cost-reduction initiatives. The company delivered 4% organic sales growth in the second quarter of 2026, marking its sixth consecutive quarter of organic growth, with gains in eight of nine businesses.

Aerospace remained a key growth driver, posting double-digit organic growth and maintaining an order backlog of nearly $300 million. PPG is also investing more than $0.5 billion in additional aerospace capacity across its approximately $2 billion portfolio of qualified products and productivity solutions, positioning the business for sustained growth.

Industrial Coatings also recorded 5% organic sales growth, supported by volume gains across all three businesses, while automotive OEM volumes outpaced global industry production.

Price increases are another factor for earnings growth, with selling prices up 2% in the quarter and covering about 90% of inflation-related costs. Meanwhile, restructuring efforts are expected to generate roughly $175 million once fully implemented. Strong cash generation further supports shareholder returns, with operating cash flow reaching $592 million in the first half of 2026 and net debt declining by $415 million year over year.

Weak End-Market Demand and Inflationary Pressures Weigh on ResultsAn ailing demand scenario remains a key concern for PPG. Automotive refinish continues to be a significant weakness, with organic sales declining by a double-digit percentage in the second quarter of 2026. While volumes are expected to improve in the second half of the year, management anticipates only modest growth.

European architectural demand also remains soft as consumer sentiment remains mixed by country. Global Architectural Coatings volumes declined 1% in the second quarter. The company therefore remains partly reliant on pricing and cost actions.

In addition, elevated raw material, energy, logistics and packaging costs following the Middle East conflict are creating margin pressure. Cost inflation is expected to remain high in the third quarter, while pricing is not expected to fully offset inflation until the fourth quarter. This timing mismatch could weigh on profitability, particularly in Industrial Coatings.

PPG also faces higher interest expenses, with the company projecting full-year net interest expense at $105-$115 million versus $88 million in 2025. Continued acquisitions, share repurchases and shareholder returns could further limit financial flexibility if operating conditions deteriorate.

PPG’s Zacks Rank & Key PicksPPG currently carries a Zacks Rank #3 (Hold)

Some better-ranked stocks in the Basic Materials space are Neo Performance Materials Inc. (NOPMF - Free Report) , Carpenter Technology Corporation (CRS - Free Report) and Avient Corporation (AVNT - Free Report) .

While NOPMF currently sports a Zacks Rank #1 (Strong Buy), CRS and AVNT carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for NOPMF’s 2026 earnings is pinned at $1.4 per share, indicating a 185.71% year-over-year increase. NOPMF’sshares have gained 83.2% over the past year.

The Zacks Consensus Estimate for CRS’ fiscal 2027 earnings is pegged at $12.92 per share, indicating a rise of 20.07% year over year. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 8.39%.

The Zacks Consensus Estimate for AVNT’s current-year earnings is pinned at $3.2 per share, indicating a 13.48% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 3.4%. AVNT’sshares have gained 20.3% over the past year.

HAMBURG, Germany--(BUSINESS WIRE)-- #MarineCoatings--PPG introduces PPG ONE RANGE portfolio of one-component marine coatings designed to reduce complexity, minimize waste and streamline maintenance.

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced the appointment of three senior executives to lead each of its global reportable business segments: Industrial Coatings, Performance Coatings and Global Architectural Coatings. In 2025, PPG established three segments, aligning complementary businesses. These senior executives will now lead each of the segments to accelerate growth and productivity by capturing synergies and reducing complexity. Effective Sept. 1, 2026: Alisha Bellezza,.

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced its inclusion in the FTSE4Good Index Series for the eighth consecutive year.

Created by global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong sustainability practices. The indexes are used by market participants to create and assess responsible investment funds and other products.

“Sustainability helps us create value by enabling product innovation, improving operational performance and helping customers increase productivity and advance their sustainability and business goals,” said Peter Votruba-Drzal, PPG vice president, global sustainability. “Our inclusion in the FTSE4Good Index Series reflects PPG’s commitment to integrating sustainability into our business strategy and delivering solutions that help customers address evolving needs while supporting long-term growth.”

FTSE Russell evaluations are based on performance in areas such as corporate governance, health and safety, anti-corruption and climate risk management. Businesses included in the FTSE4Good Index Series meet a variety of environmental and governance criteria.

PPG recently reported continued progress against its 2030 sustainability targets, driven by innovation, operational excellence and collaboration across its value chain. The company is focused on growing sales from sustainably advantaged products that help customers improve performance and productivity while reducing environmental impact through reduced emissions, improved resource efficiency and more sustainable practices across its supply chain.

To learn more about PPG's sustainability strategy, performance and 2030 targets, visit ppg.com/sustainability.

PPG: WE PROTECT AND BEAUTIFY THE WORLD®

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty products that our customers have trusted for more than 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 50 countries and reported net sales of $15.9 billion in 2025. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

The PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that Justin Epler has been appointed vice president, Industrial Coatings (IC) Americas, effective Aug. 1, 2026. He will report directly to Juliane Hefel, senior vice president, Industrial Coatings and Specialty Products. Epler will succeed Hendekea Azene, who has decided to leave PPG for an outside opportunity. “Throughout her eight years in leadership positions at PPG, Hende made valuable contributions and provided strong leadership,.

Sherwin-William’s Win Over PPG Stock in The Construction BoomPPG Industries NYSE: PPG reported second-quarter net sales of $4.5 billion, up 7% from a year earlier, as the coatings maker recorded its sixth consecutive quarter of organic sales growth. Organic sales rose 4%, with sales volumes and selling prices contributing equally, Chairman and CEO Tim Knavish said on the company’s earnings call.

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Adjusted earnings per share were $2.23, slightly above the prior-year period. Knavish said strong results in Aerospace and Architectural Coatings Latin America helped offset expected lower volumes in Automotive Refinish. Company adjusted EBITDA margin exceeded 17% during the quarter.

The 4 most upgraded stocks in the first week of 2024PPG said it covered approximately 90% of cost-of-goods-sold inflation through pricing in the second quarter and now expects to achieve full coverage by the fourth quarter, one quarter earlier than its prior target. The company cited rising raw material, energy, logistics and packaging costs across the coatings supply chain following the Iran War.

Segment results reflect aerospace and industrial momentum Global Architectural Coatings sales increased 8% to $1.1 billion. Organic sales rose 2%, driven by higher selling prices that were partly offset by modestly lower volume. Latin America and Asia-Pacific posted mid-single-digit organic sales growth, while EMEA returned to positive organic sales growth at a low-single-digit rate.

PPG Industries Diversified Model Pays Off For InvestorsSegment EBITDA increased 14%, and margin expanded 100 basis points to 19.4%. Knavish said European pricing and cost actions produced a return to margin expansion following several quarters of contraction. For the third quarter, PPG expects the segment’s organic sales to range from flat to up a low-single-digit percentage, while EBITDA margin is expected to be relatively flat year over year.

Performance Coatings sales rose 7% to $1.6 billion, while organic sales increased 3%. Aerospace posted double-digit sales growth and maintained an order backlog of about $300 million. Protective and Marine Coatings also grew at a double-digit rate, marking its 13th consecutive quarter of sales-volume growth, and Traffic Solutions grew at a mid-single-digit rate.

Automotive Refinish organic sales, however, declined by a double-digit percentage, reflecting difficult comparisons with customer order patterns in the second quarter of 2025 and a still-modest industry recovery. Performance Coatings EBITDA margin fell 300 basis points to 22.7%, a decline Knavish said was driven almost entirely by the Automotive Refinish comparison.

Management said it expects Automotive Refinish to return to growth in both the third and fourth quarters, with U.S. destocking now behind the business. Knavish also pointed to improving insurance-market indicators, including a low-single-digit year-over-year decline in auto insurance premiums during the second quarter, the first such quarterly decline in five years.

Industrial Coatings sales grew 7% to $1.8 billion, with organic sales up 5% on volume gains in all three businesses. Automotive OEM Coatings grew at a low-single-digit rate, including mid-single-digit volume growth and share gains that outpaced global auto production by approximately 500 basis points. Packaging Coatings posted double-digit organic sales growth, with volumes up more than 20% on a two-year stacked basis.

Industrial Coatings EBITDA increased 2%, though margin declined 70 basis points to 15.9% because of cost inflation. PPG expects modest organic growth and margin compression for the segment in the second half, citing the timing of index-based pricing.

Aerospace investment and share-gain focus Knavish highlighted aerospace as a major growth engine, describing PPG’s roughly $2 billion aerospace portfolio as spanning sealants, adhesives, transparencies and coatings across original-equipment and aftermarket channels. The company is investing more than $500 million in added aerospace capacity, including a previously discussed $380 million facility in Shelby, North Carolina, along with about $120 million of debottlenecking and expansion work at existing sites.

During the analyst discussion, Knavish said PPG expects approximately $25 million per quarter of previously won new business in its Industrial Coatings segment to begin contributing to revenue. He identified Aerospace, Packaging Coatings, Protective and Marine, Industrial Coatings and Automotive OEM as areas where PPG is gaining share.

In Protective and Marine, Knavish cited strength in marine aftermarket, Asian marine new-build activity, fire protection, data centers, warehouses, energy and infrastructure. He said the company does not see a near-term peak in the business, though growth rates could moderate as comparisons become more difficult.

Cash flow, capital returns and outlook Chief Financial Officer Jamie Beggs, who joined her first PPG earnings call in the role, said the company ended the quarter with $1.6 billion in cash and short-term investments. Net debt declined by more than $400 million from the second quarter of 2025, leaving net debt at 1.9 times adjusted EBITDA.

Year-to-date cash from operations totaled about $600 million, more than $220 million higher than a year earlier, primarily due to working-capital improvements. PPG returned approximately $235 million to shareholders during the quarter through dividends and share repurchases, including $75 million in buybacks. Year-to-date share repurchases reached $175 million.

The company reaffirmed its full-year adjusted EPS guidance of $7.70 to $8.10. For the third quarter, PPG expects organic sales growth of low-single-digit to mid-single-digit percentages and adjusted EBITDA margin ranging from flat to down 100 basis points year over year.

About PPG Industries (NYSE:PPG)PPG Industries is a global supplier of paints, coatings and specialty materials that serves industrial, transportation, consumer and construction markets. Founded in 1883 as the Pittsburgh Plate Glass Company, PPG has evolved from its origins in glass manufacturing into a diversified coatings and materials company headquartered in Pittsburgh, Pennsylvania. The company develops and manufactures a broad array of products used to protect and enhance surfaces, from consumer paints to highly engineered coatings for demanding industrial applications.

PPG's product portfolio includes architectural and decorative paints, automotive original equipment and refinish coatings, industrial coatings for machinery and equipment, protective and marine coatings, aerospace and defense coatings, and packaging coatings and materials.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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PPG Industries, Inc. (PPG) Q2 2026 Earnings Call Transcript

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today reported financial results for the second quarter 2026. Second Quarter 2026 Consolidated Results $ in millions, except EPS 2Q 2026 2Q 2025 YOY change Net sales $4,495 $4,195 +7% Net income (a) $439 $450 (2)% Adjusted net income (a)(b) $500 $504 (1)% EPS (a) $1.96 $1.98 (1)% Adjusted EPS (a)(b) $2.23 $2.22 —% (a) From continuing operations (b) Reconciliations of reported to adjusted figures are included below Chairman and CEO Comments Tim Knavish.

PPG Industries (PPG - Free Report) came out with quarterly earnings of $2.23 per share, missing the Zacks Consensus Estimate of $2.26 per share. This compares to earnings of $2.22 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -1.33%. A quarter ago, it was expected that this paint and coatings maker would post earnings of $1.83 per share when it actually produced earnings of $1.83, delivering no surprise.

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

PPG Industries, which belongs to the Zacks Chemical - Specialty industry, posted revenues of $4.5 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.06%. This compares to year-ago revenues of $4.2 billion. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

PPG Industries shares have added about 15.6% since the beginning of the year versus the S&P 500's gain of 8.3%.

What's Next for PPG Industries?While PPG Industries has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for PPG Industries was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.19 on $4.27 billion in revenues for the coming quarter and $7.93 on $16.54 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Chemical - Specialty is currently in the top 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Linde (LIN - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on July 31.

This gas supplier is expected to post quarterly earnings of $4.49 per share in its upcoming report, which represents a year-over-year change of +9.8%. The consensus EPS estimate for the quarter has been revised 0.6% higher over the last 30 days to the current level.

Linde's revenues are expected to be $8.96 billion, up 5.5% from the year-ago quarter.

Posted by Defense World Staff on Jul 23rd, 2026

Dimensional Fund Advisors LP lifted its holdings in shares of PPG Industries, Inc. (NYSE:PPG – Free Report) by 2.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,925,343 shares of the specialty chemicals company’s stock after acquiring an additional 58,411 shares during the quarter. Dimensional Fund Advisors LP owned 1.31% of PPG Industries worth $312,613,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Dorato Capital Management bought a new position in PPG Industries during the fourth quarter valued at about $26,000. Resources Management Corp CT ADV boosted its stake in PPG Industries by 900.0% in the fourth quarter. Resources Management Corp CT ADV now owns 250 shares of the specialty chemicals company’s stock valued at $26,000 after acquiring an additional 225 shares during the last quarter. Quarry LP bought a new position in shares of PPG Industries during the 3rd quarter valued at approximately $26,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of PPG Industries during the 4th quarter worth approximately $30,000. Finally, DV Equities LLC bought a new stake in shares of PPG Industries in the 4th quarter worth approximately $32,000. 81.86% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets Several equities analysts recently commented on PPG shares. Citigroup upped their price objective on PPG Industries from $114.00 to $125.00 and gave the company a “neutral” rating in a research note on Wednesday, June 24th. Weiss Ratings raised PPG Industries from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, June 17th. Mizuho increased their price target on PPG Industries from $125.00 to $135.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Wells Fargo & Company decreased their price objective on PPG Industries from $135.00 to $130.00 and set an “overweight” rating for the company in a report on Friday, April 10th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on PPG Industries from $120.00 to $130.00 in a research note on Friday, March 27th. Seven analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, PPG Industries currently has an average rating of “Hold” and a consensus price target of $126.13.

Read Our Latest Research Report on PPG

PPG Industries Stock Performance NYSE:PPG opened at $117.40 on Thursday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.17 and a current ratio of 1.61. PPG Industries, Inc. has a 52-week low of $93.39 and a 52-week high of $133.43. The firm has a market cap of $26.17 billion, a price-to-earnings ratio of 16.75, a PEG ratio of 1.67 and a beta of 1.05. The business’s fifty day moving average is $115.36 and its 200 day moving average is $113.21.

PPG Industries (NYSE:PPG – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.05. PPG Industries had a return on equity of 21.68% and a net margin of 9.83%.The firm had revenue of $3.93 billion for the quarter, compared to analysts’ expectations of $3.85 billion. During the same period in the prior year, the business posted $1.72 earnings per share. The company’s revenue was up 6.7% on a year-over-year basis. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. Research analysts predict that PPG Industries, Inc. will post 7.94 EPS for the current year.

PPG Industries Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Monday, August 10th will be issued a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Monday, August 10th. This is a positive change from PPG Industries’s previous quarterly dividend of $0.71. PPG Industries’s payout ratio is 40.51%.

PPG Industries Profile (Free Report)

PPG Industries is a global supplier of paints, coatings and specialty materials that serves industrial, transportation, consumer and construction markets. Founded in 1883 as the Pittsburgh Plate Glass Company, PPG has evolved from its origins in glass manufacturing into a diversified coatings and materials company headquartered in Pittsburgh, Pennsylvania. The company develops and manufactures a broad array of products used to protect and enhance surfaces, from consumer paints to highly engineered coatings for demanding industrial applications.

PPG’s product portfolio includes architectural and decorative paints, automotive original equipment and refinish coatings, industrial coatings for machinery and equipment, protective and marine coatings, aerospace and defense coatings, and packaging coatings and materials.

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Key Takeaways Geopolitical tensions and rising oil prices have renewed inflation concerns and market volatility.SJM, PPG, SPFI and CNP recently announced higher dividends for shareholders.June inflation eased, but higher oil prices could renew price pressures and affect rate expectations. Volatility has returned to Wall Street as geopolitical tensions have resumed over the past week. Oil prices, which eased in June, are rising again, igniting fears that inflation could increase.

Amid the ongoing market uncertainty, conservative investors looking for stable income while protecting their capital may find dividend-paying stocks appealing. These stocks offer a steady stream of income through regular dividend payments and can help reduce the impact of market volatility.

Four such stocks are The J. M. Smucker Company (SJM - Free Report) , PPG Industries, Inc. (PPG - Free Report) , South Plains Financial, Inc. (SPFI - Free Report) and CenterPoint Energy, Inc. (CNP - Free Report) . Each of these stocks currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Geopolitical Tensions ReturnThe United States continued its attack on Iran for the ninth straight day on Monday, as hostilities intensified. The attacks come as President Donald Trump said earlier this month that he is no longer interested in negotiations while Iran scrapped the temporary memorandum of association to end hostilities. 

On Monday, oil prices rose further after Trump, in a Truth Social post, said that Iran will have to pay for the deaths of three U.S. soldiers “many more times.”

Inflation declined in June after a temporary memorandum of understanding was signed by the United States and Iran in mid-June to end hostilities. The consumer price index (CPI) fell 0.4% sequentially in June, after increasing 0.5% in May.

Year over year, CPI declined to 3.5% in June, surpassing the consensus estimate of a reading of 3.8%. The decline follows a reading of 4.2% in May. The monthly decline in CPI was the biggest since April 2020.

However, with surging oil prices, inflation could once again resume its climb. The Federal Reserve has kept interest rates unchanged this year in its current range of 3.5-3.75%. Markets are pricing in a quarter-percentage-point rate hike by the end of this year, as the Federal Reserve continues to tame sky-high inflation.

4 Stocks That Recently Announced Dividend HikesThe J. M. Smucker CompanyThe J. M. Smucker Company is a leading marketer and manufacturer of branded food and beverage products and pet food and pet snacks in North America. SJM’s operations are primarily U.S.-based, with additional international activities, principally in Canada.

On July 17, The J. M. Smucker Company announced that its shareholders would receive a dividend of $1.12 a share on Sept. 1. SJM has a dividend yield of 3.93%. Over the past five years, The J. M. Smucker Company has increased its dividend six times, and its payout ratio presently sits at 48% of earnings. Check The J. M. Smucker Company’s dividend history here.

PPG IndustriesPPG Industries, Inc. is a global supplier of paints, coatings, chemicals, specialty materials, glass, and fiberglass. PPG has manufacturing facilities and equity affiliates in about 70 countries.

On July 16, PPG Industries declared that its shareholders would receive a dividend of $0.74 a share on Sept. 11. PPG has a dividend yield of 2.42%. Over the past five years, PPG Industries has increased its dividend six times, and its payout ratio presently sits at 37% of earnings. Check PPG Industries’ dividend history here.

South Plains FinancialSouth Plains Financial, Inc. is the bank holding company for City Bank, a chartered bank. SPFI provides commercial and consumer financial services to small and medium-sized businesses and individuals. South Plains Financial’s principal business activities include commercial and retail banking along with insurance, investment trust and mortgage services. 

On July 16, South Plains Financial announced that its shareholders would receive a dividend of $0.18 a share on Aug. 10. SPFI has a dividend yield of 1.48%. Over the past five years, South Plains Financial has increased its dividend nine times, and its payout ratio presently sits at 19% of earnings. Check South Plains Financial’s dividend history here.

CenterPoint EnergyCenterPoint Energy, Inc. is a domestic energy delivery company that provides electric transmission and distribution, power generation, and natural gas distribution operations to more than 7 million metered customers across six states — Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. 

On July 15, CenterPoint Energy declared that its shareholders would receive a dividend of $0.24 a share on Sept. 10. CNP has a dividend yield of 2.13%. Over the past five years, CenterPoint Energy has increased its dividend eight times, and its payout ratio presently sits at 51% of earnings. Check CenterPoint Energy’s dividend history here.

Key Takeaways PPG increased its quarterly dividend by 3 cents to 74 cents per share, payable Sept. 11 to eligible holders. PPG has made 512 consecutive dividend payments and raised its dividend for 55 straight years. PPG returned $1.4 billion to shareholders in 2025 and cited balance sheet strength behind the increase. PPG Industries, Inc. (PPG - Free Report) has announced a 3-cent per share increase in its regular quarterly dividend to 74 cents. The dividend, marking a 4.2% hike, will be paid out on Sept. 11, 2026, to shareholders on record as of Aug. 10, 2026. 

The latest declaration marks the company's 512th consecutive dividend payment. PPG has distributed uninterrupted annual dividends since 1899, reflecting a dividend-paying track record spanning more than a century. With the latest hike, PPG has raised its dividend payout for 55 straight years. 

The company is dedicated to enhancing shareholders’ returns through strategic cash deployment, maintaining a strong track record of returning cash to shareholders via dividends and share buybacks. In 2025, PPG returned $1.4 billion to shareholders through dividends and share repurchases. It paid dividends worth $630 million in 2025.  

Its board authorized the buyback of $2.5 billion of outstanding common stock, and PPG bought back shares worth roughly $790 million in 2025 and another $100 million in the first quarter of 2026. Its robust financial performance is reflected in the substantial operating cash flow generation, which reached around $1.9 billion in 2025. 

Per PPG, the dividend increase underscores the board's confidence in the resilience of its business, the strength of its balance sheet and the company's ability to generate and expand operating cash flow over the long term. 

Shares of PPG are up 3.7% in the past year compared with the industry’s 3.3% growth. 

Image Source: Zacks Investment Research

PPG Zacks Rank & Key PicksPPG currently carries a Zacks Rank #3 (Hold). 

Some better-ranked stocks in the Basic Materials space are CSW Industrials, Inc. (CSW - Free Report) , Idaho Strategic Resources, Inc. (IDR - Free Report)  and Ternium S.A. (TX - Free Report) . CSW, IDR and TX carry a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. 

The Zacks Consensus Estimate for CSW’s current-year earnings stands at $12.52 per share, implying a 20.6% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average surprise being 3.8%.

The Zacks Consensus Estimate for IDR’s current-year earnings is pegged at $1.52 per share, implying a 33.3% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average surprise being 68.7%.

The Zacks Consensus Estimate for TX’s current-year earnings is pegged at $5.52 per share, indicating a 154.4% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, with the average surprise being 3.5%. 

Key Takeaways PPG launched Aeroview, a web-based tool for customizing and visualizing aircraft paint colors.The platform offers real-time colors and 3D renderings across a range of aircraft models.Users can save, share and archive designs while speeding approvals and supporting maintenance planning. PPG Industries, Inc. (PPG - Free Report) has launched the PPG Aeroview virtual aircraft painter, a web-based digital tool that enables business and general aviation customers to customize aircraft paint colors by helping visualize with precision and ease. The tool allows users to choose from a range of aircraft models and apply colors from PPG's library in real time.

Currently available for U.S. aerospace coatings products, the platform is designed to improve visibility and accessibility of PPG's aerospace coatings while reducing dependence on traditional physical color brochures. It offers 3D renderings that help designers, fleet managers, maintenance planners and aviation enthusiasts to select aircraft coatings with confidence.

According to PPG, the Aeroview virtual aircraft painter can help reduce design uncertainty, minimize costly repaint errors and speed up project approvals. Users can also save, share and archive designs for future reference or maintenance planning. The platform integrates with PPG LiveryLab Studio, which supports the livery design service.

PPG’s shares have lost 0.6% over the past year against the industry’s 3.9% growth.

Image Source: Zacks Investment Research

PPG’s Zacks Rank & Other Key PicksPPG currently carries a Zacks Rank #2 (Buy). 

Other top-ranked stocks in the Basic Materials space are Kronos Worldwide, Inc. (KRO - Free Report) , Carpenter Technology Corporation (CRS - Free Report) and Albemarle Corporation (ALB - Free Report) .

While KRO and CRS sport a Zacks Rank #1 (Strong Buy) at present, ALB carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for KRO’s 2026 loss is pinned at 33 cents per share, indicating a 65.63% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in one of the trailing four quarters and missed the rest. KROshares have gained 3.8% over the past year.

The Zacks Consensus Estimate for CRS’ 2026 earnings is pegged at $10.56 per share, indicating a rise of 41.18% year over year. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 8.95%.

The Zacks Consensus Estimate for ALB’s current fiscal-year earnings is pinned at $13.06 per share, indicating a 1,753% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing it in one, with an average surprise of 74.5%. ALB’s shares have gained 64.7% over the past year.