PPG Industries Insider Anne Foulkes Buys Company Shares
Anne Foulkes, a senior VP at PPG Industries, recently purchased shares in the company.
Key Points
- Anne Foulkes, Sr. VP at PPG Industries, purchased 16 shares at $121.53 each on June 15, 2026.
- PPG Industries, trading on NYSE:PPG, has a market cap of $27.1 billion and a P/E ratio of 17.1.
- BlackRock and Vanguard increased their PPG holdings, while Wellington Management reduced its stake.
Anne Foulkes, Senior Vice President of Legal & Special Projects at PPG Industries, Inc., bought 16 shares of the company at $121.53 each on June 15, 2026. This insider purchase was not part of a pre-planned trading program.
Insider Buying and Selling at PPG Industries, Inc.
In addition to Anne Foulkes, several other insiders at PPG Industries made purchases on June 15, 2026. Alisha Bellezza, Sr. VP of Automotive Coatings, and Kevin Braun, Sr. VP of Operations, each bought shares at the same price. Timothy Knavish, the company's Chairman and CEO, also bought 28 shares, while Michael Lamach purchased 81 shares on June 12, 2026, at $119.34 each.
Other Institutional Activity in PPG Industries
Several major funds have adjusted their holdings in PPG Industries. BlackRock, Inc. increased its position by 742,623 shares, bringing its total to over 24 million shares, valued at approximately $2.57 billion. Vanguard Capital Management LLC added over 14.5 million shares, while Vanguard Portfolio Management LLC did the same, each holding now valued at around $1.55 billion and $1.37 billion, respectively. Meanwhile, State Street Corp reduced its stake by 82,670 shares, and Wellington Management Group LLP cut its holdings by over 3 million shares, a 22.9% decrease.
PPG Industries Stock Snapshot
Shares of NYSE:PPG traded around $121.53 recently. PPG Industries boasts a market capitalization of about $27.1 billion and a P/E ratio of 17.1, with a forward P/E of 14.0. The stock's 52-week range is between $93.39 and $133.43, and it has a beta of 1.062, indicating moderate volatility compared to the market.
Recent Earnings
PPG Industries reported revenue of approximately $16.1 billion, with a revenue growth rate of 6.7%. The company achieved a net margin of 9.8% and a return on equity of 20.7%. Its earnings per share (EPS) stood at $7.11. The next earnings report is scheduled for July 28, 2026.
Dividend
PPG Industries offers an annual dividend rate of $2.84, yielding 2.34%. The company's dividend payout ratio is 40.26%, reflecting a balanced approach to returning profits to shareholders.
Analysts Set New Price Targets
On June 15, 2026, BMO Capital maintained its 'buy' rating for PPG Industries, setting a price target of $140.0. The consensus among 20 analysts is a 'buy' recommendation, with a mean target price of $123.0.
About PPG Industries
PPG Industries, Inc. is a global leader in the manufacture and distribution of paints, coatings, and specialty materials. Operating in sectors like Global Architectural Coatings, Performance Coatings, and Industrial Coatings, PPG serves markets across the Americas, Europe, Asia, and Africa. Headquartered in Pittsburgh, Pennsylvania, and led by CEO Timothy M. Knavish, the company employs about 43,500 people worldwide.
Bottom Line
Insider buying at PPG Industries highlights interest from within the company, potentially reflecting confidence in its future prospects. Institutional activity shows mixed adjustments, with some funds increasing and others reducing their stakes. Investors often track such insider and institutional moves for insights, though it's important to remember that these transactions are backward-looking and may not indicate current positions.
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.