Zacks Research Issues Optimistic Forecast for PPL Earnings

PPL Co. (NYSE:PPL - Free Report) - Equities research analysts at Zacks Research increased their Q2 2026 earnings per share (EPS) estimates for shares of PPL in a research note issued to investors on Wednesday, January 8th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of $0.40 per share for the quarter, up from their prior estimate of $0.39. The consensus estimate for PPL's current full-year earnings is $1.72 per share.

PPL (NYSE:PPL - Get Free Report) last released its quarterly earnings data on Friday, November 1st. The utilities provider reported $0.42 earnings per share for the quarter, meeting analysts' consensus estimates of $0.42. The business had revenue of $2.07 billion during the quarter, compared to analyst estimates of $2.10 billion. PPL had a net margin of 9.95% and a return on equity of 9.20%. PPL's revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.43 EPS.

Other equities analysts also recently issued reports about the stock. Barclays raised shares of PPL from a "hold" rating to a "strong-buy" rating in a research note on Thursday, December 12th. Citigroup increased their price target on shares of PPL from $31.00 to $36.00 and gave the stock a "neutral" rating in a research note on Thursday, December 12th. Bank of America increased their price target on shares of PPL from $34.00 to $35.00 and gave the stock a "buy" rating in a research note on Monday, November 4th. Jefferies Financial Group decreased their price target on shares of PPL from $39.00 to $38.00 and set a "buy" rating for the company in a research note on Tuesday, December 17th. Finally, BMO Capital Markets initiated coverage on shares of PPL in a report on Wednesday, December 11th. They issued an "outperform" rating and a $36.00 price objective on the stock. Three equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, PPL currently has a consensus rating of "Moderate Buy" and a consensus price target of $34.09.

PPL Trading Down 1.3 %

Shares of NYSE:PPL traded down $0.41 during midday trading on Friday, hitting $31.76. 3,820,159 shares of the stock traded hands, compared to its average volume of 3,460,743. The stock has a market capitalization of $23.44 billion, a PE ratio of 28.36, a P/E/G ratio of 2.78 and a beta of 0.83. The business's 50 day moving average is $33.09 and its two-hundred day moving average is $31.67. The company has a quick ratio of 1.07, a current ratio of 1.29 and a debt-to-equity ratio of 1.17. PPL has a one year low of $25.35 and a one year high of $35.15.

Institutional Trading of PPL

A number of large investors have recently made changes to their positions in the business. Private Advisor Group LLC grew its holdings in PPL by 9.0% during the 2nd quarter. Private Advisor Group LLC now owns 68,696 shares of the utilities provider's stock valued at $1,899,000 after purchasing an additional 5,676 shares during the last quarter. Savant Capital LLC grew its holdings in PPL by 69.7% during the 2nd quarter. Savant Capital LLC now owns 15,212 shares of the utilities provider's stock valued at $421,000 after purchasing an additional 6,248 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in PPL during the 2nd quarter valued at about $169,000. Choreo LLC grew its holdings in PPL by 18.2% during the 2nd quarter. Choreo LLC now owns 36,143 shares of the utilities provider's stock valued at $990,000 after purchasing an additional 5,553 shares during the last quarter. Finally, United Services Automobile Association grew its holdings in PPL by 12.6% during the 2nd quarter. United Services Automobile Association now owns 12,511 shares of the utilities provider's stock valued at $346,000 after purchasing an additional 1,398 shares during the last quarter. 76.99% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other PPL news, insider John R. Crockett III sold 9,161 shares of PPL stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $34.35, for a total value of $314,680.35. Following the sale, the insider now directly owns 12,434 shares in the company, valued at approximately $427,107.90. The trade was a 42.42 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Tadd J. Henninger sold 6,639 shares of the business's stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $32.16, for a total transaction of $213,510.24. Following the completion of the sale, the senior vice president now owns 11,210 shares in the company, valued at approximately $360,513.60. This trade represents a 37.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.22% of the company's stock.

PPL Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Tuesday, December 10th were given a $0.2575 dividend. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $1.03 annualized dividend and a yield of 3.24%. PPL's payout ratio is presently 91.96%.

PPL Company Profile

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.