Gary Heminger Buys Shares of PPG Industries

Gary Heminger, an insider at PPG Industries, Inc. (NYSE:PPG), made a purchase of 67 shares on June 12, 2026. The shares were bought at an average price of $119.34 each, bringing the total transaction value to approximately $7,995.78. This transaction was not part of a pre-arranged trading plan.

Other Institutional Activity in PPG Industries

Several major funds have also made moves in PPG Industries recently. BlackRock, Inc. increased its holdings by 742,623 shares, resulting in a total of 24,023,415 shares valued at about $2.57 billion. Vanguard Capital Management LLC added a new position, holding 14,539,229 shares worth around $1.55 billion. Vanguard Portfolio Management LLC also initiated a position with 12,826,055 shares valued at approximately $1.37 billion. Meanwhile, State Street Corp reduced its stake by 82,670 shares, ending with 12,747,007 shares valued at $1.36 billion. Wellington Management Group LLP significantly cut its holdings by 3,076,439 shares, leaving it with 10,372,845 shares worth about $1.11 billion.

PPG Industries Stock Snapshot

Shares of PPG Industries are trading near $119.34. The company has a market capitalization of $26.6 billion and a P/E ratio of 17.1, with a forward P/E of 13.8. Its beta is 1.06, indicating moderate volatility. The stock's 52-week range is between $93.39 and $133.43. PPG Industries has a 50-day moving average of $109.51 and a 200-day moving average of $107.67. The company maintains a current ratio of 1.61 and a quick ratio of 1.07, with a debt-to-equity ratio of 93.74.

Recent Earnings

PPG Industries reported revenue of approximately $16.12 billion, reflecting a revenue growth of 6.7%. The company achieved a net margin of 9.8% and a return on equity of 20.7%. Its earnings per share stood at $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%, indicating a balanced distribution of earnings to shareholders.

Insider Buying and Selling at PPG Industries, Inc.

On June 12, 2026, several insiders, including Gary Heminger, purchased shares of PPG Industries. Michael Lamach bought 81 shares, Kathleen Ligocki acquired 50 shares, Leon Topalian purchased 16 shares, Chris Roberts III bought 29 shares, Melanie Healey acquired 37 shares, and Kathy Lynn Fortmann purchased 35 shares. All transactions were at an average price of $119.34 each and were not part of any planned trading programs.

Analysts Set New Price Targets

On June 15, 2026, BMO Capital maintained a 'buy' rating on PPG Industries, setting a price target of $140. Wells Fargo also maintained a 'buy' rating, with a target of $130. Citigroup, on April 30, 2026, maintained a 'hold' rating with a target of $114, while RBC Capital set a target of $119 with a 'hold' rating on April 16, 2026. Overall, the consensus recommendation for PPG Industries is a 'buy', with a mean price target of $123 from 20 analysts.

About PPG Industries

PPG Industries, Inc. is a leading manufacturer and distributor of paints, coatings, and specialty materials. Headquartered in Pittsburgh, Pennsylvania, the company operates through three segments: Global Architectural Coatings, Performance Coatings, and Industrial Coatings. PPG Industries serves customers worldwide, including company-owned stores, home centers, paint dealers, and independent distributors. The company was founded in 1883 and employs approximately 43,500 people under the leadership of CEO Timothy M. Knavish.

Bottom Line

Gary Heminger's recent purchase of shares in PPG Industries highlights ongoing interest from insiders in the company's prospects. With a solid market position and a diverse product range, PPG Industries remains a key player in the specialty chemicals sector. The recent insider activity and institutional interest reflect confidence in the company's future performance. Investors should note that insider transactions are disclosed after they occur and may not reflect the current positions.