PPL (NYSE:PPL) Issues FY 2026 Earnings Guidance

Key Points

• PPL issued FY 2026 EPS guidance of $1.90–$1.98, compared with the analyst consensus estimate of $1.95.
• Analysts maintain a generally positive view, with 10 Buy ratings and three Holds; the stock has a “Moderate Buy” consensus rating and an average price target of $41.67.
• PPL recently reported quarterly EPS of $0.63, ahead of the $0.61 consensus, while revenue rose 10.8% year over year to $2.77 billion. The company also pays a quarterly dividend of $0.285 per share, equivalent to a 3.3% yield.

PPL (NYSE:PPL - Get Free Report) issued an update on its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 1.900-1.980 for the period, compared to the consensus earnings per share estimate of 1.950. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several equities research analysts have commented on PPL shares. Bank of America cut their target price on PPL from $42.00 to $39.00 and set a "buy" rating on the stock in a research note on Monday, July 20th. Mizuho raised shares of PPL to a "hold" rating in a research report on Friday, July 3rd. JPMorgan Chase & Co. increased their target price on shares of PPL from $42.00 to $45.00 and gave the stock an "overweight" rating in a report on Thursday, July 16th. Weiss Ratings downgraded shares of PPL from a "buy (b+)" rating to a "buy (b)" rating in a research report on Thursday, June 18th. Finally, Morgan Stanley reiterated an "overweight" rating on shares of PPL in a research note on Wednesday, July 22nd. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, PPL has a consensus rating of "Moderate Buy" and an average target price of $41.67.

PPL Stock Performance

Shares of NYSE PPL opened at $34.57 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.88 and a debt-to-equity ratio of 1.27. The company has a market capitalization of $26.01 billion, a P/E ratio of 21.08, a P/E/G ratio of 2.39 and a beta of 0.57. PPL has a 12 month low of $33.17 and a 12 month high of $40.10. The stock has a 50 day moving average of $35.81 and a 200-day moving average of $36.84.

PPL (NYSE:PPL - Get Free Report) last announced its quarterly earnings results on Friday, May 8th. The utilities provider reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.02. PPL had a return on equity of 9.41% and a net margin of 13.09%.The business had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.51 billion. During the same quarter last year, the firm posted $0.60 EPS. The company's quarterly revenue was up 10.8% on a year-over-year basis. As a group, equities research analysts predict that PPL will post 1.94 EPS for the current year.

PPL Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Wednesday, June 10th were issued a dividend of $0.285 per share. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $1.14 annualized dividend and a dividend yield of 3.3%. PPL's payout ratio is presently 69.51%.

Insider Activity

In other news, Director Kristen Robinson sold 37,107 shares of the stock in a transaction that occurred on Wednesday, July 15th. The stock was sold at an average price of $25.05, for a total transaction of $929,530.35. Following the transaction, the director owned 222,897 shares in the company, valued at approximately $5,583,569.85. This trade represents a 14.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Ashley F. Johnson sold 34,993 shares of the business'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 sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. 0.34% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On PPL

Several institutional investors and hedge funds have recently modified their holdings of PPL. Align Financial LLC acquired a new stake in PPL in the 4th quarter worth about $361,000. Captrust Financial Advisors lifted its position in shares of PPL by 62.8% during 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 during the period. Williams Jones Wealth Management LLC. grew its holdings in shares of PPL by 8.2% during the 4th quarter. Williams Jones Wealth Management LLC. now owns 32,415 shares of the utilities provider's stock worth $1,135,000 after purchasing an additional 2,468 shares in the last quarter. Arkadios Wealth Advisors increased its position in shares of PPL by 28.2% in the fourth quarter. Arkadios Wealth Advisors now owns 12,144 shares of the utilities provider's stock worth $425,000 after purchasing an additional 2,668 shares during the period. Finally, Rossby Financial LCC increased its position in shares of PPL by 70.0% in the fourth quarter. Rossby Financial LCC now owns 3,012 shares of the utilities provider's stock worth $105,000 after purchasing an additional 1,240 shares during the period. 76.99% of the stock is currently owned by institutional investors and hedge funds.

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.

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