BMO Capital Rates PPG Industries (PPG) buy, $140 Price Target

BMO Capital's Rating on PPG Industries

On June 15, 2026, BMO Capital reiterated its buy rating on PPG Industries, Inc. (NYSE: PPG) with a price target of $140. This reflects the firm’s confidence in the company’s growth potential. At the time of the report, PPG's shares were trading at $118.25.

How This Call Stands Out

BMO Capital's renewed endorsement comes as PPG Industries has been actively engaging its executives in buying shares. The stock has been performing well, sitting above its 50-day moving average of $112.85. The price target set by BMO suggests a potential upside from the current trading level.

Institutional Activity

While there were no recent updates from other funds regarding their positions in PPG Industries, the company's ongoing insider buying could indicate strong internal confidence in its future. Several executives, including CEO Timothy Knavish, have made share purchases recently, which adds to the positive sentiment around the stock.

Stock Performance Context

As of June 15, 2026, PPG Industries trades at $118.25, which is above its 52-week low of $93.39 but below its high of $133.43. This pricing suggests that the stock has room for growth if it can approach BMO's target. The company operates in the specialty chemicals sector and has shown resilience in its revenue generation and profitability metrics.

Recent Earnings

PPG Industries reported revenue of approximately $16.4 billion, reflecting a revenue growth of 7.2%. The company's net margin stands at 9.57%, with an ROE of nearly 19.3%. Its next earnings report is scheduled for October 27, 2026, which will provide further insight into its financial health.

Insider Buying and Selling at PPG Industries, Inc.

On June 30, 2026, several PPG executives made insider purchases. Juliane Hefel, Senior VP of Industrial Coatings and Specialty Products, bought 2 shares at $121.29 each, totaling $242.58. Anne Foulkes, Senior VP of Legal and Special Projects, purchased 16 shares for a total of $1,940.64. Additionally, Alisha Bellezza, Senior VP of Automotive Coatings, bought 1 share for $121.29, and Timothy Knavish, the CEO, acquired 31 shares, amounting to $3,759.99. These purchases suggest that the leadership is optimistic about the company's trajectory.

Analysts Set New Price Targets

In addition to BMO Capital's reiteration, other analysts have also weighed in on PPG Industries. On October 13, 2026, Barclays initiated coverage with an Overweight rating and a target of $136. RBC Capital maintained its Sector Perform rating with a target of $115 on October 9, while UBS has also maintained a Neutral rating with a target of $116 as of October 5. The general consensus among 21 analysts is a buy recommendation, with a mean target price of approximately $126.29.

What PPG Industries, Inc. Does

PPG Industries, Inc. manufactures and distributes a wide range of paints, coatings, and specialty materials. It operates through segments including Global Architectural Coatings and Performance Coatings. The recent analyst support and insider purchases underscore a positive outlook for the company as it navigates the specialty chemicals market.

What's Ahead for PPG Industries, Inc.

Investors should keep an eye on the upcoming earnings report on October 27, 2026, as it will provide further insights into PPG's performance. The recent 13F filings also highlight how institutional investors are positioning themselves in relation to this stock, reflecting varying levels of confidence in its future.