Michael Lamach Acquires PPG Industries Shares

Michael Lamach, an insider at PPG Industries, Inc. (NYSE:PPG), recently purchased 81 shares of the company at a price of $119.34 per share. This transaction took place on June 12, 2026, and was not part of a pre-planned trading scheme. The total value of this purchase was approximately $9,666.54.

Insider Buying and Selling at PPG Industries, Inc.

On June 12, 2026, multiple insiders at PPG Industries made purchases. Michael Lamach acquired 81 shares, while Kathleen Ligocki bought 50 shares. Leon Topalian, Chris Roberts III, Melanie Healey, and Kathy Lynn Fortmann also purchased smaller amounts, with shares priced at $119.34 each. These transactions were not conducted under any pre-planned trading plans.

Other Institutional Activity in PPG Industries

Among institutional investors, BlackRock, Inc. added 742,623 shares to its holdings, bringing its total to 24,023,415 shares valued at approximately $2.57 billion. Vanguard Capital Management LLC established a position with 14,539,229 shares worth about $1.55 billion. Vanguard Portfolio Management LLC also started a new position, holding 12,826,055 shares valued at $1.37 billion. In contrast, State Street Corp reduced its stake by 82,670 shares, leaving it with 12,747,007 shares valued at $1.36 billion. Wellington Management Group LLP significantly decreased its holdings by 3,076,439 shares, holding 10,372,845 shares worth $1.11 billion.

PPG Industries Stock Snapshot

Shares of PPG Industries (NYSE:PPG) recently traded around $119.34. The company boasts a market capitalization of about $26.6 billion and a price-to-earnings (P/E) ratio of 17.1, with a forward P/E of 13.8. PPG's stock has experienced a 52-week low of $93.39 and a high of $133.43. The stock's 50-day moving average sits at $109.51, with a 200-day moving average of $107.67. PPG 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 $16.12 billion, with a growth rate of 6.7%. The company's earnings per share (EPS) is $6.98, and it maintains a net margin of 9.83%. The return on equity (ROE) stands at 20.75%. The next earnings report is scheduled for July 28, 2026.

Dividend

PPG Industries pays 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 its buy rating for PPG Industries with a price target of $140. Citigroup, on April 30, 2026, maintained a hold rating with a $114 target. RBC Capital also held its rating at hold with a $119 target on April 16, 2026. The consensus among analysts is a buy, with a mean target price of $123 based on 20 analyst opinions.

About PPG Industries

PPG Industries, Inc. is a global supplier of paints, coatings, and specialty materials, headquartered in Pittsburgh, Pennsylvania. It operates in the Basic Materials sector, specifically within the Specialty Chemicals industry. The company serves various regions, including the United States, Canada, Asia Pacific, Latin America, Europe, the Middle East, and Africa. PPG is led by CEO Timothy M. Knavish and employs approximately 43,500 people worldwide.

Bottom Line

Michael Lamach's recent purchase of shares in PPG Industries highlights insider confidence in the company's prospects. PPG's market position and financial metrics, including a solid P/E ratio and consistent revenue growth, make it a stock to watch. The insider transactions and institutional movements offer insights into the current sentiment surrounding PPG Industries, while analysts' ratings and price targets suggest potential for future growth.