Kathleen Ligocki Buys Shares in PPG Industries
Kathleen Ligocki acquired 50 shares of PPG Industries at $119.34 per share.
Key Points
- On June 12, 2026, Kathleen Ligocki purchased 50 shares of PPG Industries at $119.34 each, totaling $5,967.
- PPG Industries, trading on the NYSE under the ticker PPG, has a market cap of about $26.6 billion and a P/E ratio of 17.1.
- Analysts recently set new price targets for PPG Industries, with BMO Capital maintaining a 'buy' rating and a $140 target on June 15, 2026.
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Kathleen Ligocki recently bought 50 shares of PPG Industries, Inc. (NYSE:PPG) at a price of $119.34 per share. The transaction, which took place on June 12, 2026, was valued at $5,967. This purchase was not part of a pre-planned trading program.
Insider Buying and Selling at PPG Industries, Inc.
On June 12, 2026, several insiders at PPG Industries made stock purchases. Kathleen Ligocki, along with other insiders like Michael Lamach and Leon Topalian, bought shares at $119.34 each. Ligocki acquired 50 shares, while Lamach bought 81 shares, and Topalian purchased 16 shares. These transactions were not planned in advance.
Other Institutional Activity in PPG Industries
BlackRock, Inc. increased its stake in PPG Industries by 742,623 shares, bringing its total to 24,023,415 shares valued at approximately $2.57 billion. Meanwhile, State Street Corp trimmed its holdings by 82,670 shares, ending with 12,747,007 shares worth about $1.36 billion. Wellington Management Group LLP significantly reduced its position by 3,076,439 shares, retaining 10,372,845 shares valued at nearly $1.11 billion.
PPG Industries, Inc. Stock Up 6.4%
Shares of PPG Industries traded near $119.34. The company has a market capitalization of about $26.6 billion and a P/E ratio of 17.1, with a forward P/E of 13.8. Its beta is 1.062, indicating moderate volatility. 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.
$PPG stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
PPG Industries reported revenue of $16.12 billion, reflecting a growth rate of 6.7%. The company's net margin stands at 9.83%, and its return on equity is 20.75%. Earnings per share are $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 approach to profit distribution.
Analysts Set New Price Targets
On June 15, 2026, BMO Capital maintained its 'buy' rating on PPG Industries, setting a price target of $140. Previously, Citigroup downgraded the stock to 'hold' with a $113 target on April 1, 2026. The consensus among 20 analysts is a 'buy' recommendation, with an average target price of $123.
About PPG Industries
PPG Industries, Inc., headquartered in Pittsburgh, Pennsylvania, is a global supplier of paints, coatings, and specialty materials. The company operates through segments like Global Architectural Coatings, Performance Coatings, and Industrial Coatings, serving various industries including aerospace, automotive, and industrial sectors. Led by CEO Timothy M. Knavish, PPG has approximately 43,500 employees worldwide.
Bottom Line
Kathleen Ligocki's recent purchase of PPG Industries shares highlights insider interest in the company. PPG Industries, with its solid market position and diverse product offerings, remains a key player in the specialty chemicals sector. Investors and analysts continue to monitor the company's performance and strategic moves, especially with its next earnings report approaching.
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