PPL (NYSE:PPL) Issues FY 2026 Earnings Guidance

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

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on PPL. Barclays dropped their target price on shares of PPL from $41.00 to $39.00 and set an “overweight” rating on the stock in a report on Monday, May 11th. Seaport Research Partners set a $42.00 target price on shares of PPL in a report on Monday, April 20th. Jefferies Financial Group raised their target price on shares of PPL from $40.00 to $48.00 and gave the stock a “buy” rating in a report on Monday, April 13th. UBS Group raised their target price on shares of PPL from $38.00 to $41.00 and gave the stock a “neutral” rating in a report on Monday, February 23rd. Finally, Morgan Stanley restated an “overweight” rating on shares of PPL in a report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $41.83.

PPL Stock Performance

PPL stock opened at $35.36 on Friday. The company’s 50-day moving average price is $37.49 and its 200-day moving average price is $36.64. PPL has a twelve month low of $33.17 and a twelve month high of $40.10. The company has a quick ratio of 0.88, a current ratio of 1.00 and a debt-to-equity ratio of 1.27. The company has a market cap of $26.60 billion, a PE ratio of 21.56, a price-to-earnings-growth ratio of 2.42 and a beta of 0.60.

PPL (NYSE:PPL) last posted its earnings results on Friday, May 8th. The utilities provider reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.02. The firm had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.51 billion. PPL had a net margin of 13.09% and a return on equity of 9.41%. The business’s quarterly revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.60 EPS. On average, equities research analysts forecast that PPL will post 1.95 EPS for the current fiscal year.

PPL Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Wednesday, June 10th will be issued a dividend of $0.285 per share. This represents a $1.14 annualized dividend and a yield of 3.2%. The ex-dividend date is Wednesday, June 10th. PPL’s dividend payout ratio is presently 69.51%.

Institutional Investors Weigh In On PPL

Several large investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC lifted its position in shares of PPL by 3.8% in the 3rd quarter. Parallel Advisors LLC now owns 9,325 shares of the utilities provider’s stock worth $347,000 after purchasing an additional 341 shares during the period. Cary Street Partners Financial LLC lifted its position in shares of PPL by 6.9% in the 2nd quarter. Cary Street Partners Financial LLC now owns 5,299 shares of the utilities provider’s stock worth $180,000 after purchasing an additional 343 shares during the period. Horizon Investments LLC lifted its position in shares of PPL by 2.2% in the 3rd quarter. Horizon Investments LLC now owns 24,991 shares of the utilities provider’s stock worth $929,000 after purchasing an additional 540 shares during the period. Williams Jones Wealth Management LLC. lifted its position in shares of PPL by 3.2% in the 3rd quarter. Williams Jones Wealth Management LLC. now owns 29,947 shares of the utilities provider’s stock worth $1,113,000 after purchasing an additional 925 shares during the period. Finally, Rossby Financial LCC lifted its position in shares of PPL by 70.0% in the 4th 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 owned by hedge funds and other institutional investors.

About PPL

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.