PPL (NYSE:PPL) Releases FY 2026 Earnings Guidance

PPL (NYSE:PPL) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 1.900-1.980 for the period, compared to the consensus earnings per share estimate of 1.950. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several research analysts have commented on PPL shares. Wells Fargo & Company restated an “overweight” rating on shares of PPL in a research report on Tuesday, April 21st. Weiss Ratings lowered PPL from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, June 18th. Morgan Stanley reissued an “overweight” rating on shares of PPL in a report on Wednesday, July 22nd. Barclays upped their price objective on PPL from $39.00 to $41.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Finally, Jefferies Financial Group boosted their target price on PPL from $40.00 to $48.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $41.67.

PPL Stock Down 1.1%

NYSE:PPL opened at $34.57 on Friday. PPL has a one year low of $33.17 and a one year high of $40.10. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.00 and a quick ratio of 0.88. The company has a market cap of $26.01 billion, a PE ratio of 21.08, a P/E/G ratio of 2.39 and a beta of 0.57. The firm’s 50 day simple moving average is $35.81 and its 200 day simple moving average is $36.84.

PPL (NYSE:PPL) last announced its quarterly earnings results on Friday, May 8th. The utilities provider reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.02. The firm had revenue of $2.77 billion during the quarter, compared to analysts’ expectations of $2.51 billion. PPL had a net margin of 13.09% and a return on equity of 9.41%. The company’s revenue was up 10.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 EPS. On average, research analysts anticipate that PPL will post 1.94 earnings per share for the current year.

PPL Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Wednesday, June 10th were given a dividend of $0.285 per share. This represents a $1.14 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Wednesday, June 10th. PPL’s dividend payout ratio (DPR) is currently 69.51%.

Insider Activity

In other PPL news, Director Kristen Robinson sold 37,107 shares of the company’s stock in a transaction dated Wednesday, July 15th. The stock was sold at an average price of $25.05, for a total value of $929,530.35. Following the sale, the director owned 222,897 shares in the company, valued at approximately $5,583,569.85. The trade was a 14.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Ashley F. Johnson sold 34,993 shares of the stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $22.08, for a total value of $772,645.44. Following the completion of the sale, the chief financial officer directly owned 561,482 shares of the company’s stock, valued at approximately $12,397,522.56. The trade was a 5.87% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.34% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. State of Tennessee Department of Treasury increased its position in shares of PPL by 3.8% during the second quarter. State of Tennessee Department of Treasury now owns 249,204 shares of the utilities provider’s stock worth $8,446,000 after buying an additional 9,118 shares during the period. Captrust Financial Advisors grew its holdings in PPL by 62.8% during the 4th quarter. Captrust Financial Advisors now owns 115,776 shares of the utilities provider’s stock worth $4,054,000 after acquiring an additional 44,657 shares during the period. Woodline Partners LP raised its position in shares of PPL by 40.7% in the 1st quarter. Woodline Partners LP now owns 62,375 shares of the utilities provider’s stock worth $2,252,000 after acquiring an additional 18,057 shares in the last quarter. Williams Jones Wealth Management LLC. lifted its stake in shares of PPL by 8.2% in the 4th quarter. Williams Jones Wealth Management LLC. now owns 32,415 shares of the utilities provider’s stock valued at $1,135,000 after purchasing an additional 2,468 shares during the period. Finally, Pinebridge Investments LLC bought a new stake in shares of PPL during the 4th quarter valued at about $1,060,000. Institutional investors and hedge funds own 76.99% of the company’s stock.

PPL Company Profile

PPL Corporation is an energy company that owns and operates electric transmission and distribution infrastructure and provides related customer services. The company’s core business centers on delivering electricity to residential, commercial and industrial customers through regulated utility operations, maintaining grid reliability, responding to outages and managing customer billing and account services.

PPL’s activities include construction and maintenance of distribution and transmission lines, meter and grid management, and programs to support energy efficiency and the interconnection of distributed resources.