PPG Industries, Inc. (NYSE:PPG) is included among the 15 Best Dividend Growth Stocks to Buy Now.
On November 3, Mizuho reduced its price target on PPG Industries, Inc. (NYSE:PPG) to $118 from $120 while maintaining an Outperform rating on the stock, according to a report by The Fly. The firm noted that it is adjusting its estimates for both quarterly trends and medium-term projections to reflect current market conditions and management insights shared during the early part of the September-quarter earnings season.
In its third-quarter 2025 results, PPG Industries, Inc. (NYSE:PPG) reported strong double-digit organic growth in its aerospace, protective and marine, and packaging coatings segments, which helped offset softer demand in automotive refinish coatings due to earlier order pull-forwards. Architectural coatings remained steady overall, with gains in Mexico offset by slight declines in Europe.
CEO Timothy Knavish announced more than $500 million in new investments in the aerospace segment, including the development of a new aerospace manufacturing facility expected to open in 2027, with additional projects under consideration. The company reaffirmed its full-year guidance for adjusted earnings per diluted share between $7.60 and $7.70.
PPG Industries, Inc. (NYSE:PPG) produces and distributes paints, coatings, and specialty materials for markets such as transportation, construction, and consumer goods.
While we acknowledge the potential of PPG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 13 Best Consistent Dividend Stocks to Buy Now and 15 Best DRIP Stocks to Own Right Now.
Disclosure: None.