PPL Corporation (NYSE:PPL) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• PPL has a “Moderate Buy” consensus rating from 13 analysts, with 10 buys and three holds; the average 12-month price target is $41.00.
• The company’s latest quarterly results slightly missed expectations, reporting $0.33 in EPS versus $0.34 expected and revenue of $2.11 billion versus $2.19 billion estimated. PPL maintained fiscal 2026 EPS guidance of $1.90–$1.98.
• PPL declared a quarterly dividend of $0.285 per share, equivalent to an annualized $1.14 and a 3.3% yield; insiders recently sold shares, while institutional investors own 76.99% of the stock.

Shares of PPL Corporation (NYSE:PPL - Get Free Report) have been given a consensus rating of "Moderate Buy" by the thirteen ratings firms that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $41.00.

Several research firms have recently commented on PPL. Mizuho raised PPL to a "hold" rating in a research report on Friday, July 3rd. Evercore set a $42.00 price objective on PPL in a research report on Monday, August 17th. BTIG Research reiterated a "buy" rating on shares of PPL in a research note on Thursday, June 4th. Barclays boosted their target price on shares of PPL from $39.00 to $41.00 and gave the stock an "overweight" rating in a report on Tuesday, July 14th. Finally, Jefferies Financial Group decreased their price target on shares of PPL from $48.00 to $44.00 and set a "buy" rating for the company in a research report on Tuesday.

Insider Activity at PPL

In related news, CFO Ashley F. Johnson sold 34,993 shares of the stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of $22.08, for a total transaction of $772,645.44. Following the completion of the sale, the chief financial officer owned 561,482 shares of the company's stock, valued at $12,397,522.56. This represents a 5.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Kristen Robinson sold 37,107 shares of the stock in a transaction that occurred on Wednesday, July 15th. The shares were sold at an average price of $25.05, for a total transaction of $929,530.35. Following the sale, the director directly owned 222,897 shares of the company's stock, valued at $5,583,569.85. The trade was a 14.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.34% of the company's stock.

Hedge Funds Weigh In On PPL

A number of large investors have recently made changes to their positions in the business. Empowered Funds LLC grew its stake in PPL by 39.5% during the 1st quarter. Empowered Funds LLC now owns 19,166 shares of the utilities provider's stock worth $692,000 after buying an additional 5,428 shares during the last quarter. Woodline Partners LP raised its stake in PPL by 40.7% in the first quarter. Woodline Partners LP now owns 62,375 shares of the utilities provider's stock valued at $2,252,000 after buying an additional 18,057 shares during the last quarter. Focus Partners Wealth boosted its holdings in PPL by 13.0% in the first quarter. Focus Partners Wealth now owns 26,861 shares of the utilities provider's stock worth $971,000 after acquiring an additional 3,084 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in PPL by 64.9% in the second quarter. EverSource Wealth Advisors LLC now owns 4,695 shares of the utilities provider's stock worth $159,000 after acquiring an additional 1,848 shares in the last quarter. Finally, Cary Street Partners Financial LLC grew its stake in shares of PPL by 6.9% during the second quarter. Cary Street Partners Financial LLC now owns 5,299 shares of the utilities provider's stock worth $180,000 after acquiring an additional 343 shares during the last quarter. 76.99% of the stock is owned by institutional investors and hedge funds.

PPL Stock Performance

Shares of PPL stock opened at $34.45 on Friday. The firm has a market cap of $25.93 billion, a price-to-earnings ratio of 20.39, a PEG ratio of 2.40 and a beta of 0.57. The company's 50 day moving average is $35.76 and its 200 day moving average is $36.74. The company has a quick ratio of 0.73, a current ratio of 0.91 and a debt-to-equity ratio of 1.32. PPL has a 52-week low of $33.17 and a 52-week high of $40.10.

PPL (NYSE:PPL - Get Free Report) last issued its quarterly earnings data on Friday, August 7th. The utilities provider reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.34 by ($0.01). The business had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.19 billion. PPL had a return on equity of 9.33% and a net margin of 13.47%.The business's quarterly revenue was up 4.2% on a year-over-year basis. During the same period last year, the firm earned $0.32 EPS. PPL has set its FY 2026 guidance at 1.900-1.980 EPS. On average, sell-side analysts anticipate that PPL will post 1.94 EPS for the current fiscal year.

PPL Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be given a $0.285 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.3%. PPL's payout ratio is presently 67.46%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source