Analysts Issue Forecasts for PPL’s Q2 Earnings (NYSE:PPL)

PPL Co. (NYSE:PPL) – Investment analysts at Zacks Research raised their Q2 2026 EPS estimates for PPL in a research note issued on Wednesday, January 8th. Zacks Research analyst R. Department now forecasts that the utilities provider will earn $0.40 per share for the quarter, up from their previous forecast of $0.39. The consensus estimate for PPL’s current full-year earnings is $1.72 per share.

A number of other analysts have also commented on PPL. Barclays raised shares of PPL from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 12th. Bank of America raised their target price on PPL from $34.00 to $35.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Jefferies Financial Group cut their price target on shares of PPL from $39.00 to $38.00 and set a “buy” rating on the stock in a research report on Tuesday, December 17th. JPMorgan Chase & Co. initiated coverage on shares of PPL in a research note on Friday, October 25th. They set an “overweight” rating and a $37.00 price objective on the stock. Finally, BMO Capital Markets began coverage on shares of PPL in a research note on Wednesday, December 11th. They issued an “outperform” rating and a $36.00 target price for the company. Three analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.09.

PPL Stock Up 0.4 %

NYSE:PPL opened at $32.13 on Friday. The stock’s fifty day moving average price is $33.08 and its two-hundred day moving average price is $31.65. The company has a market cap of $23.71 billion, a price-to-earnings ratio of 28.69, a P/E/G ratio of 2.78 and a beta of 0.83. PPL has a 52-week low of $25.35 and a 52-week high of $35.15. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.07 and a current ratio of 1.29.

PPL (NYSE:PPL) last announced its earnings results on Friday, November 1st. The utilities provider reported $0.42 EPS for the quarter, hitting the consensus estimate of $0.42. PPL had a return on equity of 9.20% and a net margin of 9.95%. The company had revenue of $2.07 billion for the quarter, compared to analysts’ expectations of $2.10 billion. During the same quarter in the prior year, the business earned $0.43 earnings per share. The business’s revenue for the quarter was up 1.1% on a year-over-year basis.

PPL Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Tuesday, December 10th were paid a $0.2575 dividend. This represents a $1.03 annualized dividend and a dividend yield of 3.21%. The ex-dividend date of this dividend was Tuesday, December 10th. PPL’s dividend payout ratio (DPR) is currently 91.96%.

Insider Buying and Selling

In related news, SVP Tadd J. Henninger sold 6,639 shares of the company’s stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $32.16, for a total transaction of $213,510.24. Following the completion of the transaction, the senior vice president now directly owns 11,210 shares in the company, valued at $360,513.60. This represents a 37.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider John R. Crockett III sold 9,161 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $34.35, for a total transaction of $314,680.35. Following the completion of the sale, the insider now owns 12,434 shares in the company, valued at $427,107.90. This represents a 42.42 % decrease in their position. The disclosure for this sale can be found here. 0.22% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in PPL. Fortitude Family Office LLC increased its stake in shares of PPL by 195.5% in the third quarter. Fortitude Family Office LLC now owns 780 shares of the utilities provider’s stock valued at $26,000 after buying an additional 516 shares during the period. Ashton Thomas Securities LLC bought a new position in PPL during the third quarter worth $34,000. Redwood Wealth Management Group LLC acquired a new position in PPL in the second quarter valued at $29,000. Covestor Ltd boosted its position in PPL by 139.2% during the third quarter. Covestor Ltd now owns 1,512 shares of the utilities provider’s stock valued at $50,000 after acquiring an additional 880 shares during the last quarter. Finally, McClarren Financial Advisors Inc. grew its holdings in PPL by 5,759.3% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 1,582 shares of the utilities provider’s stock worth $52,000 after acquiring an additional 1,555 shares during the period. Institutional investors and hedge funds own 76.99% of the company’s stock.

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.