Zacks Research Analysts Reduce Earnings Estimates for PPL

PPL Corporation (NYSE:PPL - Free Report) - Research analysts at Zacks Research cut their Q2 2025 EPS estimates for PPL in a note issued to investors on Thursday, June 19th. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $0.39 per share for the quarter, down from their prior forecast of $0.40. The consensus estimate for PPL's current full-year earnings is $1.83 per share. Zacks Research also issued estimates for PPL's FY2025 earnings at $1.83 EPS, Q1 2026 earnings at $0.59 EPS and Q3 2026 earnings at $0.47 EPS.

A number of other equities research analysts have also recently weighed in on the stock. Guggenheim upped their price objective on shares of PPL from $38.00 to $40.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. Morgan Stanley cut their price objective on shares of PPL from $38.00 to $37.00 and set an "overweight" rating on the stock in a report on Wednesday, June 18th. Wall Street Zen upgraded shares of PPL from a "sell" rating to a "hold" rating in a report on Friday, May 9th. UBS Group upped their price objective on shares of PPL from $35.00 to $36.00 and gave the stock a "neutral" rating in a report on Friday, March 21st. Finally, Citigroup upgraded shares of PPL from a "hold" rating to a "strong-buy" rating in a report on Monday, March 10th. Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, PPL has a consensus rating of "Moderate Buy" and a consensus target price of $36.80.

PPL Trading Up 0.4%

PPL stock traded up $0.14 during trading on Monday, reaching $33.64. The company had a trading volume of 4,750,166 shares, compared to its average volume of 4,961,645. PPL has a 52 week low of $27.24 and a 52 week high of $36.70. The company has a market cap of $24.87 billion, a P/E ratio of 24.92, a PEG ratio of 2.47 and a beta of 0.65. The business has a 50 day moving average of $34.83 and a 200 day moving average of $34.11. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.81 and a quick ratio of 0.68.

PPL (NYSE:PPL - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The utilities provider reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.07. PPL had a net margin of 11.49% and a return on equity of 9.14%. The company had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.15 billion. During the same period in the prior year, the firm earned $0.54 earnings per share. PPL's revenue was up 8.7% on a year-over-year basis.

Hedge Funds Weigh In On PPL

Several institutional investors have recently bought and sold shares of PPL. Summit Securities Group LLC purchased a new position in PPL during the fourth quarter valued at $26,000. Pinnacle Bancorp Inc. grew its stake in PPL by 141.0% during the first quarter. Pinnacle Bancorp Inc. now owns 723 shares of the utilities provider's stock valued at $26,000 after acquiring an additional 423 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake in PPL by 94.3% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 818 shares of the utilities provider's stock valued at $30,000 after acquiring an additional 397 shares in the last quarter. Ancora Advisors LLC grew its stake in PPL by 8,350.0% during the first quarter. Ancora Advisors LLC now owns 845 shares of the utilities provider's stock valued at $31,000 after acquiring an additional 835 shares in the last quarter. Finally, Lee Danner & Bass Inc. purchased a new position in PPL during the fourth quarter valued at $32,000. 76.99% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, COO David J. Bonenberger sold 1,767 shares of the firm's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $34.98, for a total transaction of $61,809.66. Following the sale, the chief operating officer now directly owns 45,485 shares in the company, valued at $1,591,065.30. This trade represents a 3.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.28% of the company's stock.

PPL Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 10th will be given a dividend of $0.2725 per share. The ex-dividend date is Tuesday, June 10th. This represents a $1.09 annualized dividend and a dividend yield of 3.24%. PPL's payout ratio is 80.74%.

PPL Company Profile

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.