What stake did The Manufacturers Life Insurance Company acquire in PPG Industries, Inc., and what is its value and ownership percentage?

The Manufacturers Life Insurance Company acquired a new stake in PPG Industries, Inc. consisting of 112,489 shares valued at approximately $13.6 million, representing a 0.05% ownership stake.

How did PPG Industries' recent financial performance and dividend policy compare to analyst expectations?

PPG Industries reported a 7.2% year-over-year revenue increase but narrowly missed earnings per share estimates for the quarter, while also raising its quarterly dividend; analysts currently maintain a 'Hold' rating with a consensus price target of $126.

The Manufacturers Life Insurance Company Acquires New Stake in PPG Industries, Inc.

Aug 29, 2026

The Manufacturers Life Insurance Company acquired a $13.6 million stake in PPG Industries, while the company reported a 7.2% revenue increase despite missing earnings estimates and raising its quarterly dividend.

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