Melanie Healey Buys Shares of PPG Industries
Melanie Healey acquired 37 shares of PPG Industries at $119.34 each.
Key Points
- Melanie Healey purchased 37 shares of PPG Industries at $119.34 per share, totaling $4,415.58 on June 12, 2026.
- PPG Industries, with a market cap of $26.6 billion, trades near $119.34 with a P/E ratio of 17.1 and a 52-week range of $93.39 to $133.43.
- BMO Capital maintained a 'buy' rating for PPG with a $140 target, while other insiders also bought shares recently.
Melanie Healey, an insider at PPG Industries, Inc., purchased 37 shares of the company on June 12, 2026. She bought the shares at $119.34 each, bringing the total transaction value to $4,415.58. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at PPG Industries, Inc.
On the same day as Healey's purchase, several other insiders also bought shares of PPG Industries. Michael Lamach acquired 81 shares, Kathleen Ligocki bought 50 shares, and Leon Topalian added 16 shares to their holdings. Chris Roberts III purchased 29 shares, and Kathy Lynn Fortmann picked up 35 shares, all at the same price of $119.34 each.
Other Institutional Activity in PPG Industries
BlackRock, Inc. increased its holdings in PPG Industries by 742,623 shares, ending with 24,023,415 shares valued at approximately $2.57 billion. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both established new positions, acquiring 14,539,229 and 12,826,055 shares respectively. Meanwhile, State Street Corp slightly reduced its stake by 82,670 shares, holding 12,747,007 shares worth about $1.36 billion. Wellington Management Group LLP significantly cut its position by 3,076,439 shares, leaving it with 10,372,845 shares valued at around $1.11 billion.
PPG Industries Stock Snapshot
Shares of NYSE:PPG traded near $119.34. PPG Industries has a market cap of $26.6 billion and a P/E ratio of 17.1. The stock's 52-week range is between $93.39 and $133.43, with a 50-day moving average of $109.51 and a 200-day moving average of $107.67. The company's current ratio stands at 1.61, with a quick ratio of 1.07 and a debt-to-equity ratio of 93.74.
Recent Earnings
PPG Industries reported revenue of approximately $16.12 billion with a revenue growth of 6.7%. The company's net margin is 9.8%, and its return on equity is 20.7%. PPG's earnings per share is $6.98. The next earnings report is scheduled for July 28, 2026.
Dividend
PPG Industries offers an annual dividend rate of $2.84, yielding 2.38%. The dividend payout ratio is 40.26%.
Analysts Set New Price Targets
On June 15, 2026, BMO Capital maintained a 'buy' rating for PPG Industries with a price target of $140. Citigroup previously downgraded the stock to 'hold' with a target of $113 on April 1, 2026. The consensus among 20 analysts is a 'buy' recommendation, with an average price target of $123.
About PPG Industries
PPG Industries, Inc., headquartered in Pittsburgh, Pennsylvania, is a leading manufacturer and distributor of paints, coatings, and specialty materials. The company operates through segments such as Global Architectural Coatings, Performance Coatings, and Industrial Coatings, serving markets across the Americas, Asia Pacific, Europe, the Middle East, and Africa. Led by CEO Timothy M. Knavish, PPG employs approximately 43,500 people worldwide.
Bottom Line
Melanie Healey's purchase of PPG Industries shares highlights ongoing insider interest in the company. PPG's solid market position and recent institutional activity make it a stock to watch. Remember, insider transactions and 13F filings are backward-looking and may not reflect current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.