PPG’s Daily Volume Drops 41.2% to 349th as Shares Fall 0.71% on Mixed Earnings

On July 31, 2025, PPG Industries (PPG) traded with a daily volume of $0.41 billion, a 41.2% decline from the previous day, ranking 349th in market activity. The stock closed down 0.71% for the session, reflecting mixed signals from its recent financial performance and market dynamics. PPG’s second-quarter results showed earnings met estimates but revenue dipped 1%, with Performance Coatings achieving record sales. However, the company cited divestitures of its architectural coatings and silica businesses, along with soft demand in key markets like Europe, as drag factors on net sales. Analysts highlighted that while PPG’s cost-cutting measures and pricing actions provided some tailwinds, broader industrial demand weakness continued to pressure the stock.

Market sentiment remained cautious as the materials sector underperformed following the Federal Reserve’s decision to hold interest rates steady, pushing bond yields higher. PPG’s exposure to cyclical demand in industrial coatings and automotive production added to its vulnerability. Despite a 3-cent-per-share dividend increase approved by its board, the stock’s decline underscored investor concerns over short-term profitability. Mizuho maintained an “Outperform” rating with a $125 price target, citing organic growth potential, while Deutsche Bank lowered its target to $130 from $140, maintaining a “Buy” stance. The industrial coatings market, however, is projected to grow to $142.35 billion by 2030, driven by eco-friendly product adoption and automotive demand, offering long-term tailwinds for PPG’s core segments.

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