The market has evidenced a multitude of recent transactions involving PPG Industries, Inc. (NYSE:PPG). Notably, Bank of Montreal Can and Aviva PLC have increased their stock holdings, while firms like Legal & General Group Plc and Wells Fargo & Company MN have lessened their stakes. Various price adjustments have also occurred, with Wells Fargo and Citigroup both lowering their targets. In terms of business operations, PPG plans to announce its first-quarter 2025 results on April 29 and has joined Make it Zero to cut Scope 3 emissions.
The company has also enacted strategic changes, including a layoff of 1,800 employees and selling of its architectural coatings U.S. and Canada business to American Industrial Partners amid adjustments to the operational cost structure. While the stock's performance has shown recent fluctuation, analysts continue to debate its attractiveness as they mull over a divided earnings release and executive severance proposal.
Ppg Industries PPG News Analytics from Mon, 23 Sep 2024 07:00:00 GMT to Sat, 12 Apr 2025 12:14:34 GMT - Rating 1 - Innovation -3 - Information 7 - Rumor -6
