Alisha Bellezza Buys Shares of PPG Industries
PPG's Sr. VP Alisha Bellezza acquired shares, indicating insider confidence.
Key Points
- On June 15, 2026, Alisha Bellezza, Sr. VP of Automotive Coatings at PPG Industries, bought 1 share at $121.53.
- PPG Industries has a market cap of $27.1 billion and trades near $121.53 with a P/E ratio of 17.1.
- Analysts maintain a 'buy' consensus with a mean target price of $123, amid insider buying activity.
On June 15, 2026, Alisha Bellezza, Senior Vice President of Automotive Coatings at PPG Industries, Inc. (NYSE:PPG), bought 1 share of the company at $121.53 per share. This insider transaction wasn't part of a pre-planned trading program, suggesting personal confidence in the company's prospects.
Other Institutional Activity in PPG Industries
Among other institutional investors, BlackRock, Inc. increased its holdings by 742,623 shares, bringing its total to 24,023,415 shares valued at approximately $2.57 billion. Vanguard Capital Management LLC initiated a position with 14,539,229 shares worth about $1.55 billion. Meanwhile, State Street Corp slightly reduced its stake by 82,670 shares, leaving it with 12,747,007 shares valued at $1.36 billion. Wellington Management Group LLP made a more significant reduction, cutting 3,076,439 shares to hold 10,372,845 shares worth $1.11 billion.
PPG Industries Stock Snapshot
Shares of NYSE:PPG traded around $121.53. PPG Industries has a market capitalization of $27.1 billion, a P/E ratio of 17.1, and a forward P/E of 14.0. The company's beta is 1.06, indicating moderate volatility. The stock's 52-week range is between $93.39 and $133.43, with a 50-day moving average of $109.87 and a 200-day moving average of $107.71. PPG maintains a current ratio of 1.61 and a quick ratio of 1.07, with a debt-to-equity ratio of 93.74.
Recent Earnings
PPG Industries reported revenue of $16.1 billion, reflecting a growth of 6.7%. The company achieved an EPS of $7.11, with a net margin of 9.8% and a return on equity of 20.7%. The next earnings announcement is scheduled for July 28, 2026.
Dividend
PPG Industries offers an annual dividend rate of $2.84, yielding 2.34%. The dividend payout ratio stands at 40.3%.
Insider Buying and Selling at PPG Industries, Inc.
On June 15, 2026, multiple insiders at PPG Industries made share purchases. Anne Foulkes, Sr. VP of Legal & Special Projects, bought 16 shares at $121.53. Timothy Knavish, the Chairman and CEO, acquired 28 shares at the same price. Kevin Braun, Sr. VP of Operations, purchased 1 share on June 15 and 5 shares on June 12 at $119.34. Michael Lamach made a separate acquisition of 81 shares on June 12 at $119.34.
Analysts Set New Price Targets
On June 15, 2026, BMO Capital maintained a 'buy' rating for PPG Industries with a target price of $140. Overall, analysts have a 'buy' consensus with a mean target price of $123, based on 20 opinions.
About PPG Industries
PPG Industries, Inc. is a Pittsburgh-based company that manufactures and distributes paints, coatings, and specialty materials globally. It operates through segments like Global Architectural Coatings, Performance Coatings, and Industrial Coatings, serving markets in the Americas, Asia Pacific, Europe, the Middle East, and Africa. Under CEO Timothy M. Knavish, PPG employs around 43,500 people.
Bottom Line
Alisha Bellezza's recent purchase of PPG Industries shares underscores insider confidence in the company's future. PPG's solid market presence and positive earnings growth are reflected in its stable stock performance. Investors often watch insider transactions like this for insights into management's perspective on the company's valuation and future prospects.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.