Two Sigma Securities LLC Takes Position in PPL Corporation $PPL

Key Points

• Two Sigma Securities initiated a roughly $5.2 million position in PPL during the second quarter, while several other institutions also bought shares. Institutional investors now own 76.99% of the utility company.
• PPL’s latest quarterly results slightly missed expectations, with EPS of $0.33 versus $0.34 estimated and revenue of $2.11 billion versus $2.19 billion expected. The company maintained 2026 EPS guidance of $1.90–$1.98.
• PPL declared a quarterly dividend of $0.285 per share, equivalent to a 3.3% annualized yield. Analysts remain generally positive, with a “Moderate Buy” consensus and an average price target of $41 versus the reported share price of $34.20.

Two Sigma Securities LLC purchased a new position in shares of PPL Corporation (NYSE:PPL - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 143,788 shares of the utilities provider's stock, valued at approximately $5,227,000. PPL accounts for approximately 0.5% of Two Sigma Securities LLC's holdings, making the stock its 25th biggest position.

A number of other institutional investors and hedge funds have also modified their holdings of the business. EP Wealth Advisors LLC acquired a new stake in PPL during the 2nd quarter worth $1,893,000. Hsbc Holdings PLC bought a new stake in shares of PPL during the 2nd quarter valued at $48,651,000. Landscape Capital Management L.L.C. acquired a new position in shares of PPL in the 2nd quarter valued at $5,111,000. Korea Investment CORP acquired a new position in shares of PPL in the 2nd quarter valued at $27,134,000. Finally, GQG Partners LLC acquired a new position in shares of PPL in the 2nd quarter valued at $5,328,000. 76.99% of the stock is owned by institutional investors.

Insider Activity at PPL

In other PPL news, Director Kristen Robinson sold 37,107 shares of the firm's 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 in the company, valued at approximately $5,583,569.85. This trade represents a 14.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Ashley F. Johnson sold 34,993 shares of PPL 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 transaction, the chief financial officer directly owned 561,482 shares in the company, valued at approximately $12,397,522.56. The trade was a 5.87% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.34% of the stock is currently owned by insiders.

PPL Price Performance

Shares of PPL stock opened at $34.20 on Monday. 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 Corporation has a 12-month low of $33.17 and a 12-month high of $40.10. The firm has a fifty day moving average of $35.74 and a 200-day moving average of $36.73. The firm has a market capitalization of $25.74 billion, a price-to-earnings ratio of 20.24, a price-to-earnings-growth ratio of 2.34 and a beta of 0.57.

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 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 business had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.19 billion. During the same period in the previous year, the business posted $0.32 EPS. The business'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 research analysts forecast that PPL Corporation will post 1.94 earnings per share for the current year.

PPL Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages recently commented on PPL. JPMorgan Chase & Co. lifted 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. BTIG Research restated a "buy" rating on shares of PPL in a report on Thursday, June 4th. Morgan Stanley decreased their target price on PPL from $43.00 to $42.00 and set an "overweight" rating for the company in a research report on Friday, August 21st. Bank of America lowered their price target on PPL from $42.00 to $39.00 and set a "buy" rating for the company in a research note on Monday, July 20th. Finally, BMO Capital Markets cut their price target on shares of PPL from $40.00 to $38.00 and set an "outperform" rating on the stock in a research report on Monday, August 10th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $41.00.

PPL 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.

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