PPL (NYSE:PPL) Releases FY 2025 Earnings Guidance

PPL (NYSE:PPL) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.780-1.840 for the period, compared to the consensus earnings per share estimate of 1.810. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on PPL shares. BTIG Research upgraded shares of PPL to a “strong-buy” rating in a report on Wednesday, October 22nd. Barclays upped their target price on PPL from $35.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 14th. BMO Capital Markets lifted their price target on shares of PPL from $40.00 to $41.00 and gave the company an “outperform” rating in a research report on Tuesday, October 21st. Wall Street Zen downgraded shares of PPL from a “hold” rating to a “sell” rating in a report on Friday, September 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of PPL in a report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $40.73.

PPL Stock Performance

Shares of PPL stock traded up $0.04 during mid-day trading on Friday, hitting $36.54. 4,770,543 shares of the stock were exchanged, compared to its average volume of 5,456,533. PPL has a 12 month low of $31.22 and a 12 month high of $38.26. The company has a 50-day simple moving average of $36.65 and a 200 day simple moving average of $35.71. The company has a market capitalization of $27.02 billion, a P/E ratio of 27.27, a P/E/G ratio of 2.74 and a beta of 0.66. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.49 and a current ratio of 0.59.

PPL (NYSE:PPL) last issued its quarterly earnings results on Wednesday, November 5th. The utilities provider reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. The company had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.12 billion. PPL had a return on equity of 8.81% and a net margin of 11.22%.PPL’s revenue was up 8.4% on a year-over-year basis. During the same period last year, the business posted $0.42 earnings per share. PPL has set its FY 2025 guidance at 1.780-1.840 EPS. Sell-side analysts anticipate that PPL will post 1.83 earnings per share for the current fiscal year.

PPL Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Wednesday, September 10th were given a dividend of $0.2725 per share. This represents a $1.09 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Wednesday, September 10th. PPL’s dividend payout ratio is currently 73.65%.

Institutional Investors Weigh In On PPL

Institutional investors and hedge funds have recently modified their holdings of the company. Cary Street Partners Financial LLC increased its holdings in shares of PPL by 6.9% in the second quarter. Cary Street Partners Financial LLC now owns 5,299 shares of the utilities provider’s stock worth $180,000 after buying an additional 343 shares during the period. Captrust Financial Advisors grew its position in PPL by 2.3% during the 2nd quarter. Captrust Financial Advisors now owns 73,345 shares of the utilities provider’s stock worth $2,486,000 after acquiring an additional 1,650 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in PPL by 64.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,695 shares of the utilities provider’s stock worth $159,000 after purchasing an additional 1,848 shares during the period. Focus Partners Wealth lifted its position in PPL by 13.0% in the first quarter. Focus Partners Wealth now owns 26,861 shares of the utilities provider’s stock valued at $971,000 after purchasing an additional 3,084 shares during the last quarter. Finally, Empowered Funds LLC boosted its stake in shares of PPL by 39.5% during the first quarter. Empowered Funds LLC now owns 19,166 shares of the utilities provider’s stock valued at $692,000 after purchasing an additional 5,428 shares during the period. 76.99% of the stock is owned by hedge funds and other institutional investors.

About PPL

PPL Corporation, an energy company, focuses on providing electricity and natural gas to approximately 3.6 million customers in the United States. It operates through three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The company delivers electricity to customers in Pennsylvania, Kentucky, Virginia, and Rhode Island; delivers natural gas to customers in Kentucky and Rhode Island; and generates electricity from power plants in Kentucky.