PPG Industries Inc (PPG) shareholders
PPGNYSEPaints, Varnishes, Lacquers, Enamels & Allied ProdsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 28, 2026Score 19/3017% below fair value
$122.56+0.21 (+0.17%)
Close on Nov 13, 2026Market cap $27.07BP/E 17.5Yield 2.27%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
94.3%
208M of 221M shares
Institutional holders
1,093
133 new, 71 sold out
Net institutional buying
7M
In Q2 2026
Insider trades, 12 months
4 buys · 9 sales
Net sold $15.53M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 19,546,603 | 8.30% | 13G (passive) amendment | Dec 31, 2023 |
| Vanguard Capital Management | 16,800,620 | 7.50% | 13G (passive) | Mar 31, 2026 |
| Wellington Investment Advisors Holdings LLP Joint filing with Wellington Management Group LLP (6.70%), Wellington Group Holdings LLP (6.70%) and 1 more | 15,159,770 | 6.70% | 13G (passive) amendment | Sep 30, 2025 |
| State Street Corporation | 13,883,511 | 6.20% | 13G (passive) | Jun 30, 2026 |
| Vanguard Portfolio Management | 12,853,300 | 5.74% | 13G (passive) | Mar 31, 2026 |
| Wellington Management Company LLP Joint filing with Wellington Management Group LLP (5.60%), Wellington Group Holdings LLP (5.60%) and 1 more | 12,638,766 | 5.00% | 13G (passive) | Jun 30, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of PPG | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 23,550,100 | 10.66% | $2.86B | −473,315 | 0.04% |
| Vanguard Capital Management LLC | 14,548,240 | 6.59% | $1.76B | +9,011 | 0.04% |
| State Street Corp | 13,871,116 | 6.28% | $1.68B | +1,124,109 | 0.05% |
| First Eagle Investment Management, LLC | 13,019,648 | 5.89% | $1.58B | +6,584,572 | 1.31% |
| Vanguard Portfolio Management LLC | 12,826,587 | 5.81% | $1.56B | +532 | 0.07% |
| Wellington Management Group Llp | 8,612,746 | 3.90% | $1.04B | −1,760,099 | 0.18% |
| Franklin Resources Inc | 7,881,941 | 3.57% | $956.00M | +299,674 | 0.21% |
| Pzena Investment Management LLC | 7,807,438 | 3.53% | $946.96M | +328,792 | 2.78% |
| Hotchkis & Wiley Capital Management LLC | 6,331,643 | 2.87% | $767.96M | +171,697 | 2.24% |
| Geode Capital Management, LLC | 6,082,060 | 2.75% | $734.81M | +38,571 | 0.04% |
| JPMorgan Chase & Co | 4,463,130 | 2.02% | $539.64M | −161,522 | 0.03% |
| Invesco Ltd. | 3,584,819 | 1.62% | $434.80M | −251,083 | 0.03% |
| Beutel, Goodman & Co Ltd. | 3,227,294 | 1.46% | $391.44M | −484,823 | 2.88% |
| Charles Schwab Investment Management Inc | 3,051,771 | 1.38% | $370.15M | +72,773 | 0.05% |
| Dimensional Fund Advisors LP | 3,042,437 | 1.38% | $369.01M | +117,094 | 0.07% |
| Morgan Stanley | 3,007,530 | 1.36% | $364.78M | −886,601 | 0.02% |
| Bank of New York Mellon Corp | 2,628,989 | 1.19% | $318.87M | +121,590 | 0.05% |
| Bank Of America Corp /De/ | 2,299,986 | 1.04% | $278.97M | +264,519 | 0.02% |
| Northern Trust Corp | 2,195,018 | 0.99% | $266.23M | −61,327 | 0.03% |
| UBS Asset Management Americas Inc | 2,049,929 | 0.93% | $248.64M | −6,956 | 0.05% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 1,093 | 208M | 94.3% | 133 / 389 | 357 / 71 | 19M | 12M |
| Q1 2026 | 1,047 | 201M | 91.2% | 158 / 370 | 297 / 90 | 48M | 16M |
| Q4 2025 | 991 | 200M | 90.4% | 121 / 303 | 397 / 120 | 22M | 15M |
| Q3 2025 | 1,002 | 194M | 87.9% | 95 / 338 | 356 / 99 | 17M | 18M |
| Q2 2025 | 1,019 | 196M | 88.9% | 109 / 322 | 403 / 118 | 19M | 15M |
| Q1 2025 | 1,038 | 193M | 87.5% | 103 / 332 | 423 / 125 | 18M | 22M |
| Q4 2024 | 1,078 | 199M | 90.1% | 156 / 326 | 405 / 134 | 19M | 22M |
| Q3 2024 | 1,080 | 203M | 92.0% | 103 / 329 | 434 / 87 | 30M | 11M |
| Q2 2024 | 1,077 | 205M | 93.0% | 94 / 364 | 394 / 126 | 12M | 25M |
| Q1 2024 | 1,122 | 219M | 99.2% | 94 / 409 | 382 / 95 | 23M | 13M |
| Q4 2023 | 1,135 | 211M | 95.6% | 167 / 371 | 378 / 80 | 35M | 14M |
| Q3 2023 | 1,064 | 190M | 86.1% | 103 / 376 | 344 / 79 | 15M | 15M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
745 funds held PPG in Q2 2026, 47% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of PPG | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 7,077,798 | 3.20% | $858.47M | 0.04% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 5,774,597 | 2.61% | $700.40M | 0.04% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 4,829,958 | 2.19% | $585.83M | 0.26% | Jun 30, 2026 |
| First Eagle Global Fund | 4,627,995 | 2.10% | $511.49M | 0.67% | Jul 31, 2026 |
| Vanguard Equity Income Fund | 4,140,494 | 1.87% | $502.20M | 0.77% | Jun 30, 2026 |
| Vanguard Windsor Ii Fund | 3,554,900 | 1.61% | $392.89M | 0.59% | Jul 31, 2026 |
| iShares Core S&P 500 ETF | 3,066,645 | 1.39% | $371.95M | 0.04% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 2,871,655 | 1.30% | $324.44M | 0.04% | May 31, 2026 |
| State Street(R) Materials Select Sector SPDR(R) ETF | 2,435,940 | 1.10% | $295.46M | 3.62% | Jun 30, 2026 |
| Putnam Large Cap Value Fund | 2,280,976 | 1.03% | $252.09M | 0.46% | Jul 31, 2026 |
| BlackRock Equity Dividend Fund | 2,243,191 | 1.02% | $247.92M | 1.21% | Jul 31, 2026 |
| State Street(R) SPDR(R) S&P(R) Dividend ETF | 2,130,205 | 0.96% | $258.37M | 1.21% | Jun 30, 2026 |
| Vanguard Value Index Fund | 2,119,812 | 0.96% | $257.11M | 0.10% | Jun 30, 2026 |
| Invesco S&P 500 Equal Weight ETF | 1,650,854 | 0.75% | $182.45M | 0.19% | Jul 31, 2026 |
| Vanguard Windsor Fund | 1,625,949 | 0.74% | $179.70M | 0.71% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Timothy M. Knavish | Chairman and CEO, Director | 62,294 | 0.03% | Nov 2, 2026 |
| Alisha Bellezza | Sr. VP, Ind Coatings Segment | 9,161 | 0.00% | Nov 12, 2026 |
| Chancey E. Hagerty | Sr. VP, Perf Coatings Segment | 12,357 | 0.01% | Nov 5, 2026 |
| Juliane M. Hefel | Sr. VP, Ind Coatings & Sp Prod | 1,905 | 0.00% | Nov 2, 2026 |
| Robert L. Massy | Sr. VP and Chief HR Officer | – | – | Nov 2, 2026 |
| Kevin D. Braun | Sr VP, Operations | 12,639 | 0.01% | Nov 2, 2026 |
| Jamie A. Beggs | Senior VP & CFO | – | – | Nov 2, 2026 |
| Amy R. Ericson | Sr. VP, P&M Coatings | 20,278 | 0.01% | Sep 14, 2026 |
| Anne M. Foulkes | Sr. VP, Legal & Spl. Projects | 25,747 | 0.01% | Sep 1, 2026 |
| Vincent J. Morales | Senior VP & CFO | 5,682 | 0.00% | Jun 15, 2026 |
| Brian Richard Williams | Vice President and Controller | 5,471 | 0.00% | May 14, 2026 |
| Joseph R. Gette | Sr. VP, GC and Secretary | 8,311 | 0.00% | Feb 26, 2026 |
| Karl Henrik Bergstrom | Sr.VP, Global Arch Coatings | 14,707 | 0.01% | Feb 26, 2026 |
| Guillermo Novo | Director | 274 | 0.00% | Oct 2, 2026 |
| Kathy Lynn Fortmann | Director | 250 | 0.00% | Oct 2, 2026 |
| Kathleen Ligocki | Director | 100 | 0.00% | Sep 14, 2026 |
| Michael W. Lamach | Director | 500 | 0.00% | Sep 14, 2026 |
| Michael Nally | Director | 264 | 0.00% | Sep 14, 2026 |
| Leon J. Topalian | Director | 100 | 0.00% | Sep 14, 2026 |
| Melanie Healey | Director | 7,515 | 0.00% | Sep 14, 2026 |
| III Chris Roberts | Director | 100 | 0.00% | Sep 14, 2026 |
| Gary R. Heminger | Director | 500 | 0.00% | Sep 14, 2026 |
| Cathy R. Smith | Director | 9,495 | 0.00% | Apr 17, 2026 |
| Todd M. Schneider | Director | 530 | 0.00% | Apr 17, 2026 |
| Martin Richenhagen | Director | 31,842 | 0.01% | Apr 21, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Alisha Bellezza Sr. VP, Ind Coatings Segment | Nov 10, 2026 | Tax withholding | −5,418 | $124.42 | $674.11K | 9,161 |
| Alisha Bellezza Sr. VP, Ind Coatings Segment | Nov 10, 2026 | Option exercise | +11,387 | – | – | 14,579 |
| Chancey E. Hagerty Sr. VP, Perf Coatings Segment | Nov 4, 2026 | Sale | −2,500 | $127.14 | $317.86K | 9,761 |
| Chancey E. Hagerty Sr. VP, Perf Coatings Segment | Nov 4, 2026 | Option exercise | +2,500 | $101.50 | $253.75K | 12,261 |
| Juliane M. Hefel Sr. VP, Ind Coatings & Sp Prod | Sep 11, 2026 | Buy | +3.35 | $106.89 | $358 | 1,905 |
| Juliane M. Hefel Sr. VP, Ind Coatings & Sp Prod | Sep 11, 2026 | Buy | +10.03 | $104.78 | $1.05K | 1,915 |
| Juliane M. Hefel Sr. VP, Ind Coatings & Sp Prod | Jun 12, 2026 | Buy | +8.73 | $114.84 | $1.00K | 1,902 |
| Juliane M. Hefel Sr. VP, Ind Coatings & Sp Prod | Jun 12, 2026 | Buy | +2.81 | $121.45 | $341 | 1,893 |
| Todd M. Schneider Director | Apr 15, 2026 | Tax withholding | −2 | $107.72 | $215 | 530 |
| Todd M. Schneider Director | Apr 15, 2026 | Option exercise | +432 | – | – | 532 |
| Cathy R. Smith Director | Apr 15, 2026 | Tax withholding | −6 | $107.72 | $646 | 9,495 |
| Cathy R. Smith Director | Apr 15, 2026 | Option exercise | +1,849 | – | – | 9,501 |
| Anne M. Foulkes Sr. VP, Legal & Spl. Projects | Feb 20, 2026 | Sale | −3,594 | $124.61 | $447.85K | 15,641 |
| Vincent J. Morales Senior VP & CFO | Feb 18, 2026 | Tax withholding | −4,372 | $128.25 | $560.71K | 5,682 |
| Kevin D. Braun Sr VP, Operations | Feb 18, 2026 | Tax withholding | −565 | $128.25 | $72.46K | 7,753 |
| Anne M. Foulkes Sr. VP, Legal & Spl. Projects | Feb 18, 2026 | Tax withholding | −1,424 | $128.25 | $182.63K | 19,235 |
| Amy R. Ericson Sr. VP, P&M Coatings | Feb 18, 2026 | Tax withholding | −875 | $128.25 | $112.22K | 20,278 |
| Chancey E. Hagerty Sr. VP, Auto. Refinish Ctgs. | Feb 18, 2026 | Tax withholding | −546 | $128.25 | $70.02K | 9,761 |
| Brian Richard Williams Vice President and Controller | Feb 18, 2026 | Tax withholding | −255 | $128.25 | $32.70K | 3,179 |
| Joseph R. Gette Sr. VP, GC and Secretary | Feb 18, 2026 | Tax withholding | −378 | $128.25 | $48.48K | 8,304 |
| Anne M. Foulkes Sr. VP, Legal & Spl. Projects | Feb 18, 2026 | Tax withholding | −1,271 | $128.25 | $163.01K | 19,388 |
| Anne M. Foulkes Sr. VP, Legal & Spl. Projects | Feb 18, 2026 | Award | +4,865 | – | – | 20,659 |
| Joseph R. Gette Sr. VP, GC and Secretary | Feb 18, 2026 | Award | +1,098 | – | – | 8,682 |
| Joseph R. Gette Sr. VP, GC and Secretary | Feb 18, 2026 | Tax withholding | −308 | $128.25 | $39.50K | 8,374 |
| Vincent J. Morales Senior VP & CFO | Feb 18, 2026 | Tax withholding | −4,136 | $128.25 | $530.44K | 5,918 |
| Vincent J. Morales Senior VP & CFO | Feb 18, 2026 | Award | +10,054 | – | – | 10,054 |
| Kevin D. Braun Sr VP, Operations | Feb 18, 2026 | Award | +1,830 | – | – | 8,318 |
| Kevin D. Braun Sr VP, Operations | Feb 18, 2026 | Tax withholding | −478 | $128.25 | $61.30K | 7,840 |
| Karl Henrik Bergstrom Sr.VP, Global Arch Coatings | Feb 18, 2026 | Award | +1,986 | – | – | 14,707 |
| Brian Richard Williams Vice President and Controller | Feb 18, 2026 | Award | +756 | – | – | 3,434 |
| Brian Richard Williams Vice President and Controller | Feb 18, 2026 | Tax withholding | −197 | $128.25 | $25.27K | 3,237 |
| Amy R. Ericson Sr. VP, P&M Coatings | Feb 18, 2026 | Award | +2,920 | – | – | 21,153 |
| Amy R. Ericson Sr. VP, P&M Coatings | Feb 18, 2026 | Tax withholding | −763 | $128.25 | $97.85K | 20,390 |
| Timothy M. Knavish Chairman and CEO, Director | Feb 18, 2026 | Tax withholding | −9,886 | $128.25 | $1.27M | 56,905 |
| Timothy M. Knavish Chairman and CEO, Director | Feb 18, 2026 | Award | +25,408 | – | – | 66,791 |
| Chancey E. Hagerty Sr. VP, Auto. Refinish Ctgs. | Feb 18, 2026 | Award | +1,830 | – | – | 10,307 |
| Chancey E. Hagerty Sr. VP, Auto. Refinish Ctgs. | Feb 18, 2026 | Tax withholding | −478 | $128.25 | $61.30K | 9,829 |
| Vincent J. Morales Senior VP & CFO | Feb 13, 2026 | Sale | −28,439 | $130.92 | $3.72M | 49,656 |
| Vincent J. Morales Senior VP & CFO | Feb 13, 2026 | Option exercise | +19,259 | $109.74 | $2.11M | 47,698 |
| Vincent J. Morales Senior VP & CFO | Feb 13, 2026 | Discretionary | −8,844.77 | $131.56 | $1.16M | 0 |
| Vincent J. Morales Senior VP & CFO | Feb 13, 2026 | Sale | −19,259 | $131.10 | $2.52M | 30,397 |
| Vincent J. Morales Senior VP & CFO | Feb 13, 2026 | Sale | −30,397 | $131.00 | $3.98M | 0 |
| Vincent J. Morales Senior VP & CFO | Feb 13, 2026 | Option exercise | +30,397 | $119.52 | $3.63M | 78,095 |
| Vincent J. Morales Senior VP & CFO | Feb 4, 2026 | Sale(10b5-1 plan) | −17,072 | $125.00 | $2.13M | 28,439 |
| Vincent J. Morales Senior VP & CFO | Feb 4, 2026 | Option exercise | +17,072 | $116.32 | $1.99M | 45,511 |
| Vincent J. Morales Senior VP & CFO | Feb 4, 2026 | Sale(10b5-1 plan) | −12,600 | $125.00 | $1.58M | 28,439 |
| Vincent J. Morales Senior VP & CFO | Feb 4, 2026 | Option exercise | +12,600 | $101.50 | $1.28M | 41,039 |
| Chancey E. Hagerty Sr. VP, Auto. Refinish Ctgs. | Jan 29, 2026 | Option exercise | +2,250 | $95.00 | $213.75K | 10,727 |
| Chancey E. Hagerty Sr. VP, Auto. Refinish Ctgs. | Jan 29, 2026 | Sale | −2,250 | $115.59 | $260.08K | 8,477 |
| Vincent J. Morales Senior VP & CFO | Jan 15, 2026 | Sale(10b5-1 plan) | −5,200 | $110.00 | $572.00K | 28,439 |
| Vincent J. Morales Senior VP & CFO | Jan 15, 2026 | Option exercise | +5,200 | $95.00 | $494.00K | 33,639 |
| Juliane M. Hefel Sr. VP, Ind Coatings & Sp Prod | Nov 11, 2025 | Tax withholding | −439 | $95.91 | $42.10K | 1,887 |
| Juliane M. Hefel Sr. VP, Ind Coatings & Sp Prod | Nov 11, 2025 | Option exercise | +1,538 | – | – | 2,326 |
| Karl Henrik Bergstrom Sr.VP, Global Arch Coatings | May 13, 2025 | Option exercise | +1,635 | – | – | 12,721 |
| Cathy R. Smith Director | Apr 16, 2025 | Tax withholding | −5 | $98.42 | $492 | 7,652 |
| Cathy R. Smith Director | Apr 16, 2025 | Option exercise | +1,368 | – | – | 7,657 |
| Martin Richenhagen Director | Apr 16, 2025 | Tax withholding | −5 | $98.42 | $492 | 31,842 |
| Martin Richenhagen Director | Apr 16, 2025 | Option exercise | +1,368 | – | – | 31,847 |
| Amy R. Ericson Sr. VP, P&M Coatings | Feb 19, 2025 | Tax withholding | −756 | $116.79 | $88.29K | 18,233 |
| Amy R. Ericson Sr. VP, P&M Coatings | Feb 19, 2025 | Award | +2,496 | – | – | 18,989 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
3.17%
7M shares short
Days to cover
3.1
At 2M shares a day
Change since last report
+4.9%
From 7M shares
Short volume, 20 days
60.8%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of PPG Industries's stock actually held short. Settlement fails (shares not delivered on time) peaked at 29,630 shares on Sep 3, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Chancey E. Hagerty Officer | Nov 4, 2026 | 2,500 | $317.86K | Nov 4, 2026 | Stock Option Exercise |
| Anne M. Foulkes Officer | Feb 20, 2026 | 3,594 | $447.85K | Feb 20, 2026 | Restricted Stock Vesting |
| Vincent J. Morales Officer | Feb 13, 2026 | 78,095 | $10.23M | Feb 13, 2026 | Restricted Stock Vesting |
| Vincent J. Morales Officer | Feb 4, 2026 | 29,672 | $3.71M | Feb 4, 2026 | Option Granted - 02/15/2017 |
| Chancey E. Hagerty Officer | Jan 29, 2026 | 2,250 | $260.08K | Jan 29, 2026 | Option Granted - 02/17/2016 |
| Vincent J. Morales Officer | Jan 15, 2026 | 5,200 | $572.00K | Jan 15, 2026 | Options Granted - 02/17/2016 |
| Timothy M. Knavish Officer, Director | Feb 14, 2025 | 4,800 | $568.08K | Feb 14, 2025 | Option Granted 02/18/2015 |
| Anne M. Foulkes Officer | Oct 31, 2024 | 1,985 | $249.71K | Oct 31, 2024 | Restricted Stock Vesting |
| Vincent J. Morales Officer | Mar 1, 2024 | 3,400 | $479.20K | Mar 1, 2024 | Option Granted - 02/18/2015 |
| Vincent J. Morales Officer | Aug 1, 2023 | 3,700 | $530.32K | Aug 1, 2023 | Exercise of employee stock options |
| McGarry Michael H Executive Chairman | Jul 25, 2023 | 163,378 | $24.02M | Jul 25, 2023 | Exercise of Employee Stock Options |
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