Ppg Inds Inc Stock Price, News & Analysis

PPG (NYSE:PPG) reported its 2024 performance during the annual shareholders meeting, achieving net sales of $15.8 billion and a 6% increase in adjusted EPS. The company delivered record results in aerospace coatings, automotive refinish coatings, and architectural coatings Latin America.

In 2024, PPG returned $1.4 billion to shareholders, including $620 million in dividends and $750 million in stock repurchases (approximately 3% of outstanding shares). The company maintained its 53-year streak of consecutive dividend increases and 125-year history of uninterrupted annual dividends.

Key achievements include divesting silicas products and architectural coatings U.S. and Canada businesses, accelerating digital transformation, and achieving 41% of total sales from sustainably advantaged solutions. The company expects organic sales growth in the second half of 2025, supported by recently won share gains.

PPG (NYSE:PPG) has announced its regular quarterly dividend of 68 cents per share, payable June 12 to shareholders of record May 12. The company has demonstrated remarkable dividend consistency, having increased its annual dividend payment for 53 consecutive years and maintained uninterrupted annual dividends since 1899, marking its 507th consecutive dividend payment.

The global paints, coatings, and specialty materials company, headquartered in Pittsburgh, operates in more than 70 countries and reported net sales of $15.8 billion in 2024. PPG serves customers across construction, consumer products, industrial, and transportation markets and aftermarkets.

PPG (NYSE:PPG) has promoted scientists David Fenn and Renhe Lin to associate fellow positions, recognizing their exceptional contributions to innovation and technical achievements. David Fenn, with 50 U.S. patents, has generated over $1 billion in sales through innovations including acrylic microgels for ENVIRO-PRIME EPIC electrocoat and low-VOC resins for NEXA AUTOCOLOR refinish lines.

Renhe Lin, holding more than 60 U.S. patents, has contributed over $700 million in value through developments in aerospace sealants and transparencies, including creating the first UV-curable aerospace sealant. The company, which reported net sales of $15.8 billion in 2024, currently has four other employees designated as fellows.

PPG (NYSE: PPG) has scheduled its first-quarter 2025 earnings release for Tuesday, April 29, after U.S. stock markets close, followed by a teleconference call on Wednesday, April 30, at 8 a.m. ET. Tim Knavish, chairman and CEO, and Vince Morales, CFO, will participate in the call.

The company, which reported net sales of $15.8 billion in 2024, will make the earnings release available on the PPG Investor Center and PPG Newsroom. A live webcast and replay options will be accessible through the PPG Investor Center, with telephone replay available until May 14. PPG operates in over 70 countries, serving construction, consumer products, industrial and transportation markets.

PPG (NYSE:PPG) has announced its support for EuroSkills Herning 2025, Europe's largest vocational skills competition, scheduled for September 9-13, 2025, in Herning, Denmark. As the Main Skill Sponsor for the Painting and Decorating competition, PPG will provide financial backing and supply SIGMA COATINGS™ paints and PROGOLD™ sundries.

The event will host up to 600 young professionals from 33 countries competing across 38 skill areas, focusing on the theme 'Skilled for a Greener Future.' Participants will showcase expertise in surface preparation, wallpapering, decorative finishes, and color matching using PPG's premium products, including Sigma Coatings WallPrimer Plus with 90% recycled plastic packaging.

This sponsorship aligns with PPG's broader educational investment initiatives, including a $2 million commitment in 2023 for training programs and career readiness resources. In 2024, PPG invested $18.4 million in community engagement efforts across more than 30 countries.

PPG (NYSE:PPG) has been recognized on Fortune magazine's 'America's Most Innovative Companies' list, ranking No. 194 overall and No. 49 in the product category. The company's innovation prowess is demonstrated by its portfolio of over 1,320 granted U.S. patents and 41% of sales from sustainably advantaged solutions.

The ranking process, conducted by Statista, involved evaluating over 10,000 companies through surveys of 40,000 employees and assessments from 2,500 experts, including recruiters, management consultants, and patent attorneys. The evaluation focused on product innovation, examining factors such as attractiveness, design usability, and uniqueness.

PPG, headquartered in Pittsburgh, operates in more than 70 countries and reported net sales of $15.8 billion in 2024. The company serves customers in construction, consumer products, industrial and transportation markets and aftermarkets.

PPG (NYSE:PPG) has been named to Newsweek's Most Trustworthy Companies in America list for the second consecutive year, highlighting its strong performance in customer, investor, and employee trust. The recognition stems from an independent survey of approximately 25,000 U.S. residents conducted by market researcher Statista.

The company, which reported net sales of $15.8 billion in 2024, employs around 45,000 people globally and operates in more than 70 countries. PPG specializes in developing paints, coatings, and specialty materials, serving customers across construction, consumer products, industrial, and transportation markets.

PPG (NYSE: PPG) has announced six recipients of its 2024 Excellent Supplier Award, recognizing suppliers for exceptional performance in various categories. Sudarshan Chemical Industrials was named the global winner in the competitive advantage and value category, alongside regional winners Prime Inc. (US/Canada), DHL Global Forwarding Panama SA & DHL Logistics Brazil (Latin America), Ramp (Europe, Middle East and Asia), and Sanvo Fine Chemicals Techcenter (Asia Pacific).

BASF secured the global sustainability award for its world-class practices and development of products with lower materials and energy consumption, supporting PPG's sustainability objectives. The company, which reported net sales of $15.8 billion in 2024, operates in more than 70 countries, serving construction, consumer products, industrial and transportation markets.

PPG (NYSE: PPG) has named GNE Paint & Supplies Inc. of Detroit as its Automotive Refinish 2024 Platinum Distributor of the Year. The award recognizes exceptional service, loyalty, product knowledge and support within the PPG Platinum Distributor program.

GNE Paint & Supplies, operating two locations in the Detroit area, has been part of PPG's network since 1995. The company achieved All Goals Of The Year (AGOTY) status and demonstrated exceptional year-over-year growth among peers over the past five years. The award was presented to Chris Brideau, owner of GNE Paint & Supplies, during PPG's annual Platinum Distributor Celebration of Excellence ceremony in San Antonio, Texas.

PPG reported net sales of $15.8 billion in 2024, operating in more than 70 countries and serving customers in construction, consumer products, industrial and transportation markets and aftermarkets.