PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has been named sole supplier of automotive refinish coatings for Quality Collision Group's more than 95 collision repair centers across 13 states. In addition to its premium coatings, PPG will provide advanced digital tools, technical expertise and specialized training to help Quality Collision Group enhance productivity and efficiency in its shops. "We are pleased to provide all of Quality Collision Group's locations with tools to help the ...

Group 1 - PPG Industries Inc reported a strong quarterly performance, driven by increased demand in the industrial and automotive sectors [1] - Automatic Data Processing Inc showed significant growth in its payroll services, with a notable increase in client retention rates [1] - AbbVie Inc's recent drug approvals are expected to boost its revenue, particularly in the immunology and oncology segments [1] Group 2 - The overall market sentiment remains positive, with analysts highlighting the resilience of key sectors despite economic uncertainties [1] - Investment opportunities are emerging in technology and healthcare, as companies adapt to changing consumer needs [1] - The analysis emphasizes the importance of monitoring quarterly earnings reports for potential shifts in market dynamics [1]

Group 1 - PPG Industries, Inc. has partnered with 4PLASTIC to launch an advanced texture refinishing system aimed at enhancing the quality and efficiency of plastic surface restoration in automotive applications [1][8] - The new system combines SEM's expertise in refinish coatings with 4PLASTIC's plastic repair technologies, allowing technicians to replicate OEM textures on various automotive plastic components [1][2] - The system is designed for precision, durability, and ease of application, which reduces labor time and improves finish consistency for body shops and restoration experts [2][3] Group 2 - The product lineup will be supported by specialized tools and equipment to facilitate plastic component repairs, including a tool for pushing out dents and sharpening bodylines on plastic bumpers [3] - The complete offering is now available in both the U.S. and Canadian markets, expanding PPG's reach in the automotive repair sector [3] - PPG's shares have declined by 7.2% over the past year, contrasting with a 0.8% decline in the industry [4]

Core Insights - PPG has been recognized by Fortune magazine on its World's Most Admired Companies List for the 18th consecutive year, highlighting its strong corporate reputation [1] - PPG ranked No. 2 in the chemicals industry, maintaining this position for the third year in a row, indicating consistent performance and peer recognition [1] - The recognition is based on votes from industry peers, emphasizing the importance of reputation within the sector [1] Company Performance - PPG achieved its highest marks in specific individual categories, reflecting its strengths and competitive advantages in the market [1]

Core Viewpoint - PPG has declared a quarterly dividend of 71 cents per share, continuing its long-standing tradition of annual dividend payments for over a century, marking its 510th consecutive payment [1]. Group 1: Dividend Information - The Board of Directors of PPG declared a regular quarterly dividend of 71 cents per share [1]. - The dividend is payable on March 12 to shareholders of record as of February 20 [1]. - PPG has raised its annual dividend payment for 54 consecutive years and has paid uninterrupted annual dividends since 1899 [1]. Group 2: Company Overview - PPG operates in more than 70 countries and reported net sales of $15.8 billion in 2024 [2]. - The company specializes in paints, coatings, and specialty products, serving various markets including construction, consumer products, industrial, and transportation [2]. - PPG has a history of over 140 years in delivering trusted products to its customers [2].

Core Insights - Retail investors are increasingly monitoring the stock trading activities of Congress members, which may indicate potential investment opportunities in stocks that could benefit from government contracts [1] - Congressman Lloyd Doggett has disclosed several stock purchases, primarily consisting of Dow Jones Industrial Average stocks, indicating a strategic investment approach [2][6] Group 1: Stock Purchases - Doggett's recent stock purchases include four Dow Jones Industrial Average stocks and PPG Industries, a paint and protective products company [2] - The stocks purchased by Doggett were made using dividends from existing holdings, a method known as dividend reinvestment [5] - The specific stocks purchased include Home Depot, Coca-Cola, PPG Industries, International Business Machines, and Johnson & Johnson, with investments ranging from $1,000 to $15,000 for each stock [8] Group 2: Dividend Yields and Performance - The dividend yields for the purchased stocks are as follows: Coca-Cola at 2.9%, PPG Industries at 2.7%, Home Depot at 2.7%, Johnson & Johnson at 2.5%, and International Business Machines at 2.2% [9] - Johnson & Johnson and IBM were among the best-performing stocks in the Dow Jones Industrial Average in 2025, with gains of 43.1% and 39.1% respectively, while Home Depot experienced a loss of 11.5% [10] - Doggett's strategy of reinvesting dividends in high-yielding blue-chip stocks is expected to enhance his share accumulation and dividend payments over time, provided the companies maintain their payouts [10]

Core Viewpoint - PPG has announced the schedule for its fourth quarter and full-year 2025 earnings release and teleconference call, indicating a structured approach to financial communication with stakeholders [1]. Earnings Release Details - The earnings release is set for Tuesday, January 27, after U.S. stock markets close [1]. - The teleconference call will take place on Wednesday, January 28, at 8 a.m. ET [1]. Participants - Key participants in the teleconference will include Tim Knavish (chairman and CEO), Vince Morales (senior vice president and CFO), and Alex Lopez (director of investor relations) [1]. Registration Information - Dial-in registration for the teleconference can be completed by visiting the provided link [1].

Core Viewpoint - PPG Industries, Inc. is expected to report a slight decline in earnings per share (EPS) for the fiscal fourth quarter of 2025, with analysts projecting a profit of $1.60 per share, down from $1.61 in the same quarter last year [2]. Financial Performance - For the full fiscal year, analysts anticipate PPG to report an EPS of $7.66, which represents a 2.7% decrease from $7.87 in fiscal 2024. However, EPS is expected to rebound with a 5.6% increase to $8.09 in fiscal 2026 [3]. - In Q3, PPG reported an adjusted EPS of $2.13, exceeding Wall Street expectations of $2.09, with revenue reaching $4.1 billion, surpassing forecasts of $4 billion. The company expects full-year adjusted EPS to be in the range of $7.60 to $7.70 [5]. Stock Performance - PPG's stock has underperformed compared to the S&P 500 Index, which gained 14.8% over the past 52 weeks, while PPG shares declined by 14%. It also lagged behind the Materials Select Sector SPDR Fund, which returned 8% during the same period [4]. - Analysts maintain a moderately bullish outlook on PPG stock, with a "Moderate Buy" rating. Among 24 analysts, 10 recommend a "Strong Buy," 13 suggest a "Hold," and one advises a "Strong Sell." The average price target for PPG is $120.60, indicating a potential upside of 15.6% from current levels [6].

Core Viewpoint - PPG Industries has been a company of interest after a period of absence from investment consideration, similar to European competitor AkzoNobel, indicating a renewed focus on these companies for potential investment opportunities [1]. Group 1: Company Overview - PPG Industries is highlighted as a significant player in the market, with a recent shift in investment strategy suggesting potential value in its stock [1]. - The analyst has recently taken a position in PPG, indicating confidence in its future performance [1]. Group 2: Market Context - The analyst covers a broad range of markets including Scandinavia, Germany, France, the UK, Italy, Spain, Portugal, and Eastern Europe, suggesting a comprehensive approach to identifying investment opportunities in reasonably valued stocks [1].

Core Insights - PPG Industries, Inc. has achieved REDCert2 certification for its Architectural Coatings manufacturing sites in Amsterdam and Soborg, highlighting its commitment to sustainable manufacturing practices in Europe [1][8] - The certification utilizes a mass balance approach to verify the use of sustainable raw materials, reinforcing PPG's responsible sourcing and high-performance solutions [1][2] Sustainability and Operations - The REDCert2 certification aligns with PPG's strategy to integrate sustainability and productivity, enabling the company to meet customers' environmental goals while delivering high performance [2] - The Amsterdam and Søborg sites are crucial production hubs for PPG's European Architectural Coatings business, manufacturing paints and stains for various brands [3] Customer Support and Emission Reduction - The certification enhances PPG's ability to assist customers in reducing scope 3 emissions and complying with sustainability reporting standards, thereby increasing credibility in the market [4][8] Market Performance - PPG shares have declined by 12.3% over the past year, contrasting with a 2.3% decline in the industry [6]