PPG Industries Inc. has seen a number of investment transactions; Central Bank & Trust Co., NewEdge Advisors LLC, Plato Investment Management Ltd, and Intech Investment Management LLC have
sold their shares, while Divergent Planning LLC, Baader Bank Aktiengesellschaft, STRS Ohio, Ashton Thomas Private Wealth LLC, MBB Public Markets I LLC, Ilmarinen Mutual Pension Insurance Co, and United Services Automobile Association have
increased their holdings in PPG. The company
launched two products – HI-GARD Non-Methanol Coating and VELOCITY Refinish System, both representing key
innovative steps. However, despite these launches, the company appears to
underperform within the basic materials sector, and it
missed its quarterly profit estimates. PPG is
set to post its Q4 earnings, while its stock price shows an
increase in short interest. The company plans to
build a $380M manufacturing facility in North Carolina.
Concerns are arising due to the announced
closure of a coatings facility in Pennsylvania. PPG's
earnings and revenues are fluctuating, having
met Q2 estimates and
missed Q4 expectations.
Ppg Industries PPG News Analytics from Thu, 30 Jan 2025 08:00:00 GMT to Sun, 21 Sep 2025 00:05:17 GMT -
Rating -5
- Innovation -3
- Information 7
- Rumor -1
