B of A Securities Downgrades PPG Industries (WBAG:PPG)

Fintel reports that on April 15, 2025, B of A Securities downgraded their outlook for PPG Industries (WBAG:PPG) from Buy to Neutral.

What is the Fund Sentiment?

There are 1,911 funds or institutions reporting positions in PPG Industries. This is an decrease of 1 owner(s) or 0.05% in the last quarter. Average portfolio weight of all funds dedicated to PPG is 0.21%, an increase of 2.16%. Total shares owned by institutions increased in the last three months by 4.51% to 241,971K shares.

What are Other Shareholders Doing?

AT:PPG / PPG Industries, Inc. Shares Held by Institutions

Wellington Management Group Llp holds 10,567K shares representing 4.66% ownership of the company. In its prior filing, the firm reported owning 8,977K shares , representing an increase of 15.05%. The firm increased its portfolio allocation in PPG by 10.99% over the last quarter.

Jpmorgan Chase holds 10,273K shares representing 4.53% ownership of the company. In its prior filing, the firm reported owning 9,560K shares , representing an increase of 6.93%. The firm decreased its portfolio allocation in PPG by 5.05% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 7,270K shares representing 3.20% ownership of the company. In its prior filing, the firm reported owning 7,391K shares , representing a decrease of 1.67%. The firm decreased its portfolio allocation in PPG by 12.59% over the last quarter.

VFINX - Vanguard 500 Index Fund Investor Shares holds 6,280K shares representing 2.77% ownership of the company. In its prior filing, the firm reported owning 6,110K shares , representing an increase of 2.70%. The firm decreased its portfolio allocation in PPG by 12.32% over the last quarter.

Geode Capital Management holds 5,546K shares representing 2.44% ownership of the company. In its prior filing, the firm reported owning 5,453K shares , representing an increase of 1.68%. The firm decreased its portfolio allocation in PPG by 12.16% over the last quarter.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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