Key Points
- Insider sale: EVP Wendy Stark sold 5,406 PPL shares at an average price of $35.11, generating approximately $189,805. She retained 99,220 shares after the transaction.
- Financial performance: PPL’s latest quarterly results fell slightly short of expectations, with $0.33 in EPS versus a $0.34 consensus estimate and revenue of $2.11 billion versus $2.19 billion expected. The company maintained fiscal 2026 EPS guidance of $1.90–$1.98.
- Investor outlook: PPL pays a quarterly dividend of $0.285 per share, representing a 3.2% yield, while analysts maintain a “Moderate Buy” consensus and an average price target of $40, above the reported share price of $35.22.
PPL Corporation (NYSE:PPL - Get Free Report) EVP Wendy Stark sold 5,406 shares of the business's stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $35.11, for a total transaction of $189,804.66. Following the completion of the transaction, the executive vice president owned 99,220 shares of the company's stock, valued at $3,483,614.20. The trade was a 5.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
PPL Price Performance
Shares of PPL stock traded up $0.74 on Friday, reaching $35.22. 8,178,375 shares of the stock were exchanged, compared to its average volume of 7,073,902. The firm's 50 day moving average is $34.18 and its 200-day moving average is $35.76. PPL Corporation has a one year low of $31.56 and a one year high of $40.10. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.73 and a current ratio of 0.91. The firm has a market cap of $26.50 billion, a PE ratio of 20.84, a P/E/G ratio of 3.37 and a beta of 0.56.
PPL (NYSE:PPL - Get Free Report) last posted its quarterly earnings results on Friday, August 7th. The utilities provider reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.01). The firm had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.19 billion. PPL had a return on equity of 9.33% and a net margin of 13.47%. The business's revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.32 EPS. PPL has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, analysts anticipate that PPL Corporation will post 1.94 EPS for the current fiscal year.
PPL Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were paid a dividend of $0.2850 per share. The ex-dividend date was Thursday, September 10th. This represents a $1.14 annualized dividend and a yield of 3.2%. PPL's dividend payout ratio is presently 67.46%.
Institutional Investors Weigh In On PPL
A number of hedge funds have recently made changes to their positions in the stock. Cidel Asset Management Inc. grew its holdings in shares of PPL by 5.1% during the 2nd quarter. Cidel Asset Management Inc. now owns 7,468 shares of the utilities provider's stock valued at $271,000 after purchasing an additional 362 shares during the last quarter. Ethos Financial Group LLC increased its position in PPL by 0.9% during the 1st quarter. Ethos Financial Group LLC now owns 49,157 shares of the utilities provider's stock worth $1,723,000 after purchasing an additional 429 shares in the last quarter. Syon Capital LLC increased its position in PPL by 5.3% during the 2nd quarter. Syon Capital LLC now owns 8,823 shares of the utilities provider's stock worth $321,000 after purchasing an additional 448 shares in the last quarter. Plimoth Trust Co. LLC lifted its stake in shares of PPL by 3.8% in the 1st quarter. Plimoth Trust Co. LLC now owns 12,240 shares of the utilities provider's stock valued at $468,000 after acquiring an additional 450 shares during the last quarter. Finally, Stock Yards Bank & Trust Co. grew its position in PPL by 7.0% during the 1st quarter. Stock Yards Bank & Trust Co. now owns 7,411 shares of the utilities provider's stock worth $283,000 after acquiring an additional 487 shares during the last quarter. 76.99% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
PPL has been the topic of a number of research analyst reports. Barclays reduced their target price on PPL from $41.00 to $38.00 and set an "overweight" rating on the stock in a report on Monday. Bank of America lowered their price target on PPL from $42.00 to $39.00 and set a "buy" rating for the company in a report on Monday, July 20th. BMO Capital Markets lowered their price target on PPL from $40.00 to $38.00 and set an "outperform" rating for the company in a report on Monday, August 10th. JPMorgan Chase & Co. upped their price objective on PPL from $42.00 to $45.00 and gave the stock an "overweight" rating in a research report on Thursday, July 16th. Finally, Evercore set a $42.00 price objective on PPL in a research report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $40.00.
View Our Latest Stock Analysis on PPL
PPL Company Profile
(
Get Free Report)
PPL Corporation (NYSE:PPL) is an energy holding company that owns and operates regulated electric and natural gas utilities in the United States. Its businesses deliver electricity and natural gas to residential, commercial, and industrial customers, while also operating and maintaining the infrastructure needed to support reliable energy service.
PPL's principal subsidiaries include PPL Electric Utilities, which serves customers in eastern and central Pennsylvania; Louisville Gas and Electric Company and Kentucky Utilities, which provide electric and natural gas service in Kentucky; and Rhode Island Energy, which supplies electricity and natural gas to customers across Rhode Island.
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