GSA Capital Partners LLP raised its holdings in PPL Corporation (NYSE:PPL - Free Report) by 569.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,633 shares of the utilities provider's stock after buying an additional 30,313 shares during the period. GSA Capital Partners LLP's holdings in PPL were worth $1,295,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently made changes to their positions in PPL. Reaves W H & Co. Inc. raised its holdings in shares of PPL by 2.0% in the 4th quarter. Reaves W H & Co. Inc. now owns 4,424,814 shares of the utilities provider's stock worth $154,957,000 after acquiring an additional 88,531 shares during the last quarter. Captrust Financial Advisors lifted its position in PPL by 62.8% in the 4th quarter. Captrust Financial Advisors now owns 115,776 shares of the utilities provider's stock valued at $4,054,000 after acquiring an additional 44,657 shares in the last quarter. Pinebridge Investments LLC acquired a new position in PPL during the 4th quarter valued at about $1,060,000. Allstate Corp boosted its stake in PPL by 101.4% during the 4th quarter. Allstate Corp now owns 54,701 shares of the utilities provider's stock valued at $1,916,000 after purchasing an additional 27,538 shares during the last quarter. Finally, Strategic Investment Advisors MI increased its holdings in PPL by 256.5% during the 1st quarter. Strategic Investment Advisors MI now owns 35,277 shares of the utilities provider's stock worth $1,348,000 after purchasing an additional 25,382 shares in the last quarter. 76.99% of the stock is currently owned by institutional investors and hedge funds.
PPL Trading Down 0.1%
NYSE:PPL opened at $35.98 on Tuesday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.73 and a current ratio of 0.91. The firm has a market cap of $27.08 billion, a price-to-earnings ratio of 21.29, a price-to-earnings-growth ratio of 2.46 and a beta of 0.57. PPL Corporation has a 52 week low of $33.17 and a 52 week high of $40.10. The firm has a 50-day moving average price of $35.87 and a two-hundred day moving average price of $36.79.
PPL (NYSE:PPL - Get Free Report) last posted its earnings results on Friday, August 7th. The utilities provider reported $0.33 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.01). PPL had a return on equity of 9.33% and a net margin of 13.47%.The firm had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.19 billion. During the same period in the prior year, the business earned $0.32 EPS. PPL's quarterly revenue was up 4.2% compared to the same quarter last year. PPL has set its FY 2026 guidance at 1.900-1.980 EPS. On average, equities analysts expect that PPL Corporation will post 1.94 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
PPL has been the subject of several analyst reports. JPMorgan Chase & Co. increased their price objective on PPL from $42.00 to $45.00 and gave the stock an "overweight" rating in a research note on Thursday, July 16th. Barclays lifted their target price on PPL from $39.00 to $41.00 and gave the company an "overweight" rating in a research report on Tuesday, July 14th. BMO Capital Markets decreased their price target on PPL from $40.00 to $38.00 and set an "outperform" rating for the company in a report on Monday, August 10th. BTIG Research reissued a "buy" rating on shares of PPL in a research report on Thursday, June 4th. Finally, Morgan Stanley restated an "overweight" rating on shares of PPL in a research note on Wednesday, July 22nd. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $41.42.
View Our Latest Stock Report on PPL
Insiders Place Their Bets
In other PPL news, Director Kristen Robinson sold 37,107 shares of the company's stock in a transaction on Wednesday, July 15th. The stock was sold at an average price of $25.05, for a total value of $929,530.35. Following the completion of the transaction, the director owned 222,897 shares in the company, valued at $5,583,569.85. This represents a 14.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Ashley F. Johnson sold 34,993 shares of the company's stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of $22.08, for a total value of $772,645.44. Following the completion of the transaction, the chief financial officer owned 561,482 shares of the company's stock, valued at $12,397,522.56. This trade represents a 5.87% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.34% of the company's stock.
PPL Company Profile
(
Free Report)
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.
Recommended Stories

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.
Before you consider PPL, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PPL wasn't on the list.
While PPL currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.