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Is PPG Industries, Inc. (PPG) A Good Stock To Buy Now?
Insider Monkey· 2026-03-26 20:50
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000 ...
PPG recognized on Fortune magazine's ‘America's Most Innovative Companies 2026' list
Businesswire· 2026-03-26 14:38
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that it was recognized on Fortune magazine's "America's Most Innovative Companies 2026†list. PPG ranked No. 175 overall. The ranking is based on an analysis of each company's intellectual property portfolio, along with feedback from experts, customers and potential customers. "With more than 1,340 active U.S. patents and applications and 43% of sales from sustainably advantaged solutions, we view innovation as the lifeblood of our gr. ...
Mizuho Cuts PPG Industries (PPG) Target, Company Unveils New Analytics Platform
Yahoo Finance· 2026-03-26 05:09
PPG Industries, Inc. (NYSE:PPG) is included among the Dividend Kings and Aristocrats List: 32 Biggest Stocks. Mizuho Cuts PPG Industries (PPG) Target, Company Unveils New Analytics Platform On March 23, Mizuho lowered its price recommendation on PPG Industries, Inc. (NYSE:PPG) to $115 from $140. It reiterated an Outperform rating on the shares. A day later, on March 24, the company introduced PPG InsightsNav, an analytics platform built to help shipowners and operators better manage seastock coatings da ...
PPG Launches InsightsNav Analytics for Marine Operators
ZACKS· 2026-03-25 15:15
Key Takeaways PPG Industries launches InsightsNav to streamline marine coatings purchasing data and planning.The tool replaces fragmented data with standardized insights for better selection and order consolidation.InsightsNav uses dashboards and trends to boost forecasting, budgeting and identify cost-saving opportunities.PPG Industries, Inc. (PPG) has introduced PPG InsightsNav, an analytics platform aimed at helping shipowners and operators better manage, plan and optimize seastock coatings purchasing da ...
PPG, PPG Foundation commit $10 million to advance skilled trades education
Businesswire· 2026-03-24 14:01
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) and the PPG Foundation today announced a commitment to invest $10 million globally through 2030 to support skilled trades initiatives, with a focus on advanced manufacturing and coatings applications. The funding will support programs that equip students with the hands-on training and technical expertise needed for modern manufacturing and coatings application roles. Through partnerships with technical and vocational schools, community colleges and ot. ...
Mobile-health Network Solutions Enters Definitive Agreement to Acquire PPG and Kuching Data Center Asset
TMX Newsfile· 2026-03-20 18:29
Core Viewpoint - Mobile-health Network Solutions (MNDR) has entered into a definitive Sale and Purchase Agreement to acquire 100% of PP Grid Sdn. Bhd. (PPG), marking a significant step in its strategic evolution towards enhancing its AI HealthTech platform [1][5]. Strategic Acquisition Structure - The acquisition aligns with the strategic roadmap established in previous Memorandums of Understanding (MOU) dated November 19, 2025, and March 15, 2026 [2]. - MNDR will utilize a Cayman Islands Special Purpose Vehicle (SPV) to acquire PPG, which will hold a minimum 96.5% equity interest in IRIX Properties Sdn. Bhd., designated for developing a 25 MW AI-optimized data center [3]. Key Transaction Terms and Relationship - The purchase consideration for the acquisition is set at US$1,500,000, fulfilled through a refundable deposit made under the November 2025 MOU [9]. - The agreement includes a clawback mechanism to protect against breaches of warranties or failure in the transfer of IRIX/Kuching Land [9]. - Dato' Stanley Ling will assist in operational integration for 12 months post-completion [9]. Company Overview - Mobile-health Network Solutions is a leading AI-powered digital health platform based in Singapore, with operations across Southeast Asia and plans for expansion into the US [7]. - The company aims to make healthcare accessible and intelligent through technology, providing telemedicine and AI-driven health tools [7].
RBC Capital Trims PPG Target as Macro Uncertainty Persists
Yahoo Finance· 2026-03-20 04:22
Group 1 - PPG Industries, Inc. is recognized as one of the 15 Dividend Stocks to Buy for Steady Income, indicating its potential for reliable returns [1] - RBC Capital has lowered its price target for PPG from $115 to $114 while maintaining a Sector Perform rating, citing uneven demand across industrial end markets and potential headwinds from the Iran conflict extending into Q2 [2][8] - PPG announced a collaboration with IPG Photonics Corporation and Whirlpool Corporation to advance laser curing systems for powder coatings, aiming to reduce costs and environmental impact while improving production speed [3] Group 2 - The laser curing process utilized by PPG differs from traditional thermal methods by using infrared light for crosslinking, resulting in shorter curing times and lower energy consumption [4] - PPG has expanded its powder coatings business, operating 21 powder manufacturing plants, seven bonding facilities, a powder resin plant, a research and development center, and a Global Center of Excellence [5]
PPG's Laura Harshberger recognized on 2026 ‘Women of Influence' list by Pittsburgh Business Times
Businesswire· 2026-03-17 13:03
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that Laura Harshberger, PPG global IT director, has been recognized on the 2026 Women of Influence list by the Pittsburgh Business Times. Women of Influence honorees are chosen through an independent editorial review, with selections based on merit, achievements and contributions to local organizations and the Pittsburgh community. "Laura defines what it means to be influential within PPG and the broader Pittsburgh community,†said Bha. ...
Is PPG Industries Stock Outperforming the S&P 500?
Yahoo Finance· 2026-03-12 18:22
Company Overview - PPG Industries, Inc. is based in Pittsburgh, Pennsylvania, and specializes in manufacturing and distributing paints, coatings, and specialty materials, with a market cap of $23.3 billion [1] - The company serves a diverse range of end markets, including automotive, aerospace, construction, packaging, and industrial manufacturing [1] Market Position - PPG is classified as a "large-cap stock" due to its market cap exceeding $10 billion, highlighting its size and influence in the specialty chemicals industry [2] - The company is focused on a "local-for-local" manufacturing strategy and aims to develop sustainable, high-performance solutions to meet global demands [2] Stock Performance - PPG's stock has decreased by 23.7% from its 52-week high of $133.43, reached on February 12, and has declined 1.4% over the past three months, slightly outperforming the S&P 500 Index's 1.8% drop [3] - Year-to-date, PPG shares are down marginally compared to the S&P 500's 2.1% fall, but over the past 52 weeks, PPG has fallen 8%, trailing the S&P 500's 19.6% increase [3] - The stock has been trading below its 200-day and 50-day moving averages since early March, confirming a bearish trend [4] Recognition and Analyst Outlook - On March 11, PPG was named in Newsweek's inaugural America's Most Charitable Companies 2026 list, recognizing its commitment to corporate philanthropy and community support [5] - PPG has outperformed its rival, The Sherwin-Williams Company, which declined 8.4% over the past 52 weeks [6] - Analysts maintain a moderately optimistic outlook for PPG, with a consensus rating of "Moderate Buy" and a mean price target of $125.95, suggesting a 24.3% premium to its current price levels [6]
PPG Aquacron WSP Launched With Benchmark Curability and Sustainability
ZACKS· 2026-03-11 14:20
Core Insights - PPG Industries has launched a new waterborne formulation, PPG AQUACRON Waterborne Shop Primers, designed for structural steel and suitable for all climates [1][7] - The new primer offers rapid curing in as little as two minutes under standard heat, significantly faster than conventional waterborne primers which take 12-24 hours [2][7] - The low-VOC content of the primer allows compliance with strict environmental regulations and reduces the need for sandblasting and surface preparation, leading to cost and time savings for high-volume operators [3][7] Company Performance - PPG's stock has declined by 4.6% over the past year, while the industry has seen a growth of 2.5% [5] - PPG currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook [6] - Comparatively, other companies in the Basic Materials sector, such as Agnico Eagle Mines Limited and Compañía de Minas Buenaventura S.A.A., have stronger rankings and performance [6]