Equities Analysts Set Expectations for PPL Q3 Earnings

Key Points

• Zacks Research has lowered its Q3 2025 earnings per share estimate for PPL Corporation from $0.49 to $0.48.
• PPL recently declared a quarterly dividend of $0.2725 per share, representing an annualized yield of 3.0%.
• The stock currently has an average target price of $37.40 and is rated as a "Buy" by most analysts, with 2 Strong Buy, 8 Buy, and 1 Hold rating.

PPL Corporation (NYSE:PPL - Free Report) - Equities researchers at Zacks Research cut their Q3 2025 earnings per share estimates for shares of PPL in a research note issued to investors on Thursday, October 9th. Zacks Research analyst Team now expects that the utilities provider will post earnings of $0.48 per share for the quarter, down from their previous estimate of $0.49. The consensus estimate for PPL's current full-year earnings is $1.83 per share. Zacks Research also issued estimates for PPL's Q3 2026 earnings at $0.53 EPS, Q4 2026 earnings at $0.47 EPS, FY2026 earnings at $1.97 EPS and Q3 2027 earnings at $0.54 EPS.

Other equities research analysts have also recently issued research reports about the company. Evercore ISI began coverage on PPL in a research note on Monday. They set an "outperform" rating and a $43.00 price objective on the stock. Weiss Ratings reissued a "buy (b)" rating on shares of PPL in a report on Wednesday. Barclays raised PPL from a "hold" rating to a "strong-buy" rating in a report on Monday, July 7th. Morgan Stanley cut their price objective on PPL from $39.00 to $38.00 and set an "overweight" rating for the company in a report on Thursday, September 25th. Finally, Wall Street Zen downgraded PPL from a "hold" rating to a "sell" rating in a report on Friday, September 5th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Buy" and an average target price of $37.40.

PPL Trading Down 1.0%

NYSE PPL opened at $36.91 on Friday. The stock has a market capitalization of $27.30 billion, a price-to-earnings ratio of 27.54, a PEG ratio of 2.63 and a beta of 0.66. The stock's 50 day moving average price is $36.40 and its two-hundred day moving average price is $35.40. 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 has a 52 week low of $31.22 and a 52 week high of $37.81.

PPL (NYSE:PPL - Get Free Report) last released its earnings results on Thursday, July 31st. The utilities provider reported $0.32 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.05). The firm had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $1.99 billion. PPL had a net margin of 11.22% and a return on equity of 8.81%. The company's revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.38 EPS. PPL has set its FY 2025 guidance at 1.750-1.870 EPS.

Institutional Investors Weigh In On PPL

A number of large investors have recently added to or reduced their stakes in the business. Invesco Ltd. grew its holdings in PPL by 1.7% in the 1st quarter. Invesco Ltd. now owns 27,938,545 shares of the utilities provider's stock valued at $1,008,861,000 after buying an additional 472,979 shares in the last quarter. Boston Partners grew its holdings in PPL by 37.2% in the 1st quarter. Boston Partners now owns 13,062,423 shares of the utilities provider's stock valued at $471,756,000 after buying an additional 3,544,282 shares in the last quarter. Northern Trust Corp grew its holdings in PPL by 0.3% in the 1st quarter. Northern Trust Corp now owns 8,598,814 shares of the utilities provider's stock valued at $310,503,000 after buying an additional 28,589 shares in the last quarter. Federated Hermes Inc. grew its holdings in PPL by 1.4% in the 1st quarter. Federated Hermes Inc. now owns 7,998,199 shares of the utilities provider's stock valued at $288,815,000 after buying an additional 109,160 shares in the last quarter. Finally, Alliancebernstein L.P. grew its holdings in PPL by 3.9% in the 1st quarter. Alliancebernstein L.P. now owns 7,881,695 shares of the utilities provider's stock valued at $284,608,000 after buying an additional 297,999 shares in the last quarter. Institutional investors own 76.99% of the company's stock.

Insiders Place Their Bets

In related news, COO David J. Bonenberger sold 2,165 shares of the stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $35.86, for a total value of $77,636.90. Following the sale, the chief operating officer owned 45,560 shares in the company, valued at approximately $1,633,781.60. This represents a 4.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.28% of the company's stock.

PPL Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Wednesday, September 10th were paid a $0.2725 dividend. This represents a $1.09 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Wednesday, September 10th. PPL's dividend payout ratio is 81.34%.

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.

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