PPL (NYSE:PPL) Updates FY 2026 Earnings Guidance

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

Analyst Upgrades and Downgrades

PPL has been the topic of a number of research analyst reports. Jefferies Financial Group increased their price objective on shares of PPL from $40.00 to $48.00 and gave the stock a “buy” rating in a report on Monday, April 13th. JPMorgan Chase & Co. boosted their target price on shares of PPL from $42.00 to $45.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Weiss Ratings lowered shares of PPL from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, June 18th. BMO Capital Markets increased their price target on shares of PPL from $39.00 to $40.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Finally, Mizuho raised PPL to a “hold” rating in a report on Friday, July 3rd. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $41.67.

PPL Stock Performance

PPL stock opened at $35.47 on Friday. The company has a market cap of $26.69 billion, a PE ratio of 20.99, a PEG ratio of 2.43 and a beta of 0.57. The company has a current ratio of 1.00, a quick ratio of 0.88 and a debt-to-equity ratio of 1.27. PPL has a 1 year low of $33.17 and a 1 year high of $40.10. The company’s 50-day moving average is $35.82 and its two-hundred day moving average is $36.83.

PPL (NYSE:PPL) last posted its quarterly earnings results on Friday, August 7th. The utilities provider reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). PPL had a return on equity of 9.41% and a net margin of 13.09%.The business had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.19 billion. During the same period last year, the firm earned $0.32 earnings per share. The company’s quarterly revenue 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 anticipate that PPL will post 1.94 earnings per share for the current year.

PPL Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 10th were given a dividend of $0.285 per share. The ex-dividend date was Wednesday, June 10th. This represents a $1.14 annualized dividend and a dividend yield of 3.2%. PPL’s payout ratio is presently 67.46%.

Insiders Place Their Bets

In other news, CFO Ashley F. Johnson sold 34,993 shares of the firm’s stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $22.08, for a total value of $772,645.44. Following the transaction, the chief financial officer directly owned 561,482 shares in the company, valued at $12,397,522.56. This trade represents a 5.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Kristen Robinson sold 37,107 shares of PPL stock in a transaction on Wednesday, July 15th. The stock was sold at an average price of $25.05, for a total value of $929,530.35. Following the sale, the director directly owned 222,897 shares of the company’s stock, valued at approximately $5,583,569.85. This trade represents a 14.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.34% of the company’s stock.

Key Stories Impacting PPL

Here are the key news stories impacting PPL this week:

• Positive Sentiment: PPL reported second-quarter ongoing EPS of $0.33, up from $0.32 a year earlier, while revenue rose 4.2% to $2.11 billion. Management also reaffirmed its 2026 EPS guidance of $1.90–$1.98, broadly in line with the $1.95 analyst consensus. PPL Corporation Delivers Solid Second-Quarter 2026 Earnings
• Positive Sentiment: Management pointed to continued power-demand growth, including expanding data-center demand, as well as new rates, clean-energy investment and other initiatives supporting its long-term growth outlook. What to Expect From These 2 Utility Stocks This Season?
• Neutral Sentiment: Reported GAAP EPS was $0.30, while ongoing EPS was $0.33. The company’s net margin was 13.09% and return on equity was 9.41%, indicating steady profitability but limited upside from the quarter alone. PPL Posts Strong Q2 Results
• Negative Sentiment: Higher costs pressured results: ongoing EPS of $0.33 missed estimates ranging from $0.34 to $0.35, and revenue of $2.11 billion fell short of expectations near $2.19–$2.21 billion. PPL Q2 Earnings Miss Estimates on Higher Costs
• Negative Sentiment: Analyst commentary cautions that PPL’s slower dividend growth and premium valuation could limit further upside, particularly after the stock’s underperformance over the past year. PPL Corporation’s Slower Dividend Growth Limits Upside

Institutional Trading of PPL

Hedge funds have recently modified their holdings of the company. Rossby Financial LCC grew its holdings in PPL by 70.0% during the fourth quarter. Rossby Financial LCC now owns 3,012 shares of the utilities provider’s stock valued at $105,000 after purchasing an additional 1,240 shares during the period. EverSource Wealth Advisors LLC raised its stake in PPL by 64.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,695 shares of the utilities provider’s stock worth $159,000 after buying an additional 1,848 shares during the period. Triumph Capital Management bought a new position in PPL during the third quarter worth about $173,000. Cary Street Partners Financial LLC increased its holdings in shares of PPL by 6.9% in the second quarter. Cary Street Partners Financial LLC now owns 5,299 shares of the utilities provider’s stock worth $180,000 after acquiring an additional 343 shares in the last quarter. Finally, von Borstel & Associates Inc. acquired a new stake in shares of PPL during the third quarter worth about $235,000. 76.99% of the stock is currently owned by institutional investors and hedge funds.

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.