PPG Industries Inc. shows unrivaled growth potential. Numerous holdings have been established by Financial Harvest LLC, Victory Capital Management Inc., Equity Investment Corp, among others in PPG. Mizuho reaffirms their 'Outperform' rating due to organic growth prospects. PPG celebrates its 100th Electrostatic Marine Coating Milestone, and partners with Lucid Motors on electric vehicle paint technology. The corporation sees a 4.4% dividend increase to 0.71 per share. Record-breaking capital gains and phenomenal wealth increase become driving factors behind the stock price. A notable $105.35 Million investment from Pzena Investment Management LLC is seen. However, PPG plans closure of their Pennsylvania coatings facility. Nonetheless, PPG is set to build a $380M North Carolina manufacturing facility. Q1 2025 earnings call highlights PPG's navigation of currency challenges. Despite missing estimates for fourth-quarter profit, PPG is recognised for sustainability progress, experiencing a 1.6% rise since the last earnings report and having price targets raised by Wells Fargo & Company. Following cost-cutting measures, UBS Group forecasts strong PPG stock appreciation. The company extends Collision Repair Education Foundation Partnership through 2030 and returns to Shelby with a $380 million investment, creating 110 jobs. Despite layoff plans for 1,800 workers, PPG showcases innovations enhancing customer productivity and accelerating organic growth.
Ppg Industries PPG News Analytics from Thu, 17 Oct 2024 07:00:00 GMT to Sat, 19 Jul 2025 20:49:49 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -3
