State Farm Mutual Automobile Insurance Reduces $10M in PPG Industries, Inc. ($PPG)
Key Points
- State Farm Mutual Automobile Insurance changed its PPG Industries, Inc. ($PPG) stake by 100.0% last quarter, cutting to 0 shares.
- Wall Street's consensus rating on $PPG is Buy and an average price target of $123.00.
- $PPG last traded around $118.24.
State Farm Mutual Automobile Insurance reduced its position in PPG Industries, Inc. ($PPG), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 0 shares of PPG Industries, Inc. after selling 82,535 shares during the quarter.
PPG Industries, Inc. ($PPG) Stock
PPG Industries, Inc. Earnings
PPG Industries, Inc. Dividend
Analysts Set New Price Targets
About PPG Industries, Inc.
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 three segments: Global Architectural Coatings, Performance Coatings, and Industrial Coatings. The Global Architectural Coatings segment supplies a variety of decorative coatings, adhesives, sealants, and finishes, as well as paint strippers, stains, and related chemicals. Its Performance Coatings segment offers aerospace coatings, automotive refinishing coatings, protective and marine coatings, and traffic solutions comprising paints, thermoplastics, raised pavement markers, and other technologies for pavement marking. The Industrial Coatings segment provides automotive OEM coatings, industrial coatings, and packaging coatings, as well as specialty products, such as optical monomers and coatings, low-friction coatings, and other specialty products. The company delivers its products to company-owned stores, home centers and other consumer retail outlets, paint dealers, concessionaires and independent distributors, company-owned distribution networks, and directly to manufacturing companies and retail customers. PPG Industries, Inc. was incorporated in 1883 and is headquartered in Pittsburgh, Pennsylvania.
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