PPG Industries, Inc. (PPG)

Over the past six months (December 2024 - June 2025), PPG's stock price has experienced a decline. As of June 27, 2025, the stock was down 8.61% over the past 12 months and 3.28% year-to-date. Key events impacting the stock include analyst rating changes, such as downgrades from B of A Securities and JP Morgan, and an upgrade from Fermium Research. Divestitures and restructuring, including a cost-cutting plan involving layoffs and plant closures, also affected the stock. In Q4 2024, PPG reported a modest improvement in adjusted EPS but a decline in net sales.

Demand for PPG's products and services is influenced by end-use market seasonality, with income before income taxes and cash from operating activities typically showing seasonal patterns. Demand for architectural coatings in Europe and traffic solutions products in the U.S. and Canada is generally strongest in the second and third quarters due to higher home improvement, maintenance, and construction activity during the spring and summer months.

PPG Industries, Inc. is a global leader in the paints, coatings, and specialty materials industry, headquartered in Pittsburgh, Pennsylvania. The company operates as a Fortune 500 entity and is recognized as the second-largest coatings company worldwide by revenue. PPG manufactures and distributes a wide array of paints, coatings, and specialty materials, segmented into Performance Coatings and Industrial Coatings. Major products include high-performance coatings for automotive, aerospace, architectural, and traffic solutions, industrial coatings for automotive OEM, industrial, packaging, and specialty coatings, and other products like automotive refinish coatings, aerospace sealants, and optical lenses.

PPG has a significant global presence, operating in more than 70 countries. 41% of net sales are from the United States and Canada, 30.8% from Europe/Middle East/Africa, 15.8% from Asia/Pacific, and 12.4% from Latin America. The company has 177 manufacturing facilities worldwide, with 61 in the U.S. and Canada, 18 in Latin America, 61 in EMEA, and 37 in Asia Pacific.

PPG Industries has received positive recognition for its brand reputation, including being named to Fortune's World's Most Admired Companies for the 17th consecutive year and Newsweek's Most Trustworthy Companies in America 2024. PPG was also included in Newsweek's "America's Most Responsible Companies" list for the fifth consecutive year. The company has also been included in Barron's 100 Most Sustainable U.S. Companies, JUST Capital: America's Most Just Companies, Corporate Knight's Clean200, Gallup Exceptional Workplace Award, Newsweek: America's Greatest Workplaces for Women, Disability Inequality Index Best Places to Work, TIME Magazine's World's Best Companies, and FORBES Best Employers for Veterans. PPG has strengthened its brand image through community initiatives, investing over $18.4 million in communities worldwide in 2024 and extending its sponsorship of the Tasca Racing team for the 2025 drag racing season.

PPG Industries, Inc. has a diverse ownership structure, primarily composed of institutional investors, individual shareholders, and company insiders. Institutional investors hold a significant portion of PPG's stock, with approximately 70.75% to 86.11% owned by institutional investors. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Individual investors also play a role in the ownership of PPG, with approximately 0.09% of the company's stock owned by insiders, and 29.16% by public companies and individual investors.