Insider Selling: PPL (NYSE:PPL) EVP Sells 5,406 Shares of Company Stock

Key Points

• PPL EVP Wendy Stark sold 5,406 shares at an average price of $35.11, totaling approximately $189,805 and reducing her direct holdings by 5.17% to 99,220 shares.
• PPL recently reported quarterly revenue of $2.11 billion and EPS of $0.33, slightly below analyst expectations, while revenue increased 4.2% year over year. The company reaffirmed fiscal 2026 EPS guidance of $1.90–$1.98.
• PPL pays a quarterly dividend of $0.285 per share, equivalent to a 3.2% yield, and analysts maintain a consensus “Moderate Buy” rating with an average price target of $40, above the reported share price of $35.22.

PPL Corporation (NYSE:PPL - Get Free Report) EVP Wendy Stark sold 5,406 shares of the company's stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $35.11, for a total transaction of $189,804.66. Following the sale, the executive vice president directly owned 99,220 shares in the company, valued at $3,483,614.20. This trade represents a 5.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

PPL Price Performance

NYSE PPL traded up $0.74 on Friday, hitting $35.22. The stock had a trading volume of 8,063,224 shares, compared to its average volume of 8,455,266. The firm has a 50-day moving average of $34.19 and a 200-day moving average of $35.76. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.73 and a current ratio of 0.91. PPL Corporation has a 52-week low of $31.56 and a 52-week high of $40.10. The company has a market capitalization of $26.50 billion, a price-to-earnings ratio of 20.84, a price-to-earnings-growth ratio of 3.40 and a beta of 0.56.

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

PPL Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were given a dividend of $0.2850 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Thursday, September 10th. PPL's dividend payout ratio (DPR) is 67.46%.

Wall Street Analysts Forecast Growth

PPL has been the subject of several recent analyst reports. Scotiabank initiated coverage on PPL in a report on Tuesday, September 29th. They set a "sector outperform" rating and a $36.00 price objective for the company. BMO Capital Markets lowered their target price on shares of PPL from $40.00 to $38.00 and set an "outperform" rating on the stock in a research note on Monday, August 10th. Wells Fargo & Company raised their target price on shares of PPL from $43.00 to $44.00 and gave the company an "overweight" rating in a research note on Monday, September 28th. Evercore set a $42.00 target price on shares of PPL in a research report on Monday, August 17th. Finally, Mizuho raised shares of PPL to a "hold" rating in a research note on Friday, July 3rd. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $40.00.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Washington Trust Advisors Inc. lifted its stake in PPL by 494.5% during the second quarter. Washington Trust Advisors Inc. now owns 862 shares of the utilities provider's stock worth $31,000 after purchasing an additional 717 shares during the last quarter. Allied Private Wealth LLC purchased a new position in shares of PPL during the 2nd quarter valued at about $42,000. Covestor Ltd raised its holdings in shares of PPL by 206.7% during the 2nd quarter. Covestor Ltd now owns 1,291 shares of the utilities provider's stock valued at $47,000 after buying an additional 870 shares in the last quarter. Root Financial Partners LLC raised its holdings in shares of PPL by 72.5% during the 1st quarter. Root Financial Partners LLC now owns 2,587 shares of the utilities provider's stock valued at $99,000 after buying an additional 1,087 shares in the last quarter. Finally, Silvant Capital Management LLC purchased a new position in shares of PPL during the 2nd quarter valued at about $119,000. Institutional investors own 76.99% of the company's stock.

PPL Company Profile

PPL Corporation NYSE: PPL is an energy holding company that owns and operates regulated electric and natural gas utilities in the United States. Its businesses deliver electricity and natural gas to residential, commercial, and industrial customers, while also operating and maintaining the infrastructure needed to support reliable energy service.

PPL's principal subsidiaries include PPL Electric Utilities, which serves customers in eastern and central Pennsylvania; Louisville Gas and Electric Company and Kentucky Utilities, which provide electric and natural gas service in Kentucky; and Rhode Island Energy, which supplies electricity and natural gas to customers across Rhode Island.

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.