PPL (NYSE:PPL) Releases FY 2026 Earnings Guidance

PPL (NYSE:PPL) updated its FY 2026 earnings guidance on Sunday. The company provided earnings per share 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 -.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Wells Fargo & Company reiterated an “overweight” rating on shares of PPL in a report on Tuesday, April 21st. Barclays decreased their price objective on PPL from $41.00 to $39.00 and set an “overweight” rating for the company in a report on Monday, May 11th. Weiss Ratings lowered PPL from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, May 22nd. Jefferies Financial Group increased their price objective on PPL from $40.00 to $48.00 and gave the company a “buy” rating in a report on Monday, April 13th. Finally, Seaport Research Partners set a $42.00 price objective on PPL in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, PPL presently has a consensus rating of “Moderate Buy” and an average price target of $41.83.

PPL Stock Performance

Shares of PPL stock opened at $34.56 on Tuesday. The firm has a market capitalization of $26.00 billion, a price-to-earnings ratio of 21.07, a price-to-earnings-growth ratio of 2.42 and a beta of 0.60. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.00 and a quick ratio of 0.88. The business has a fifty day moving average of $37.43 and a 200 day moving average of $36.62. PPL has a 1 year low of $33.17 and a 1 year high of $40.10.

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

PPL Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 10th will be paid a dividend of $0.285 per share. The ex-dividend date is Wednesday, June 10th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.3%. PPL’s dividend payout ratio (DPR) is presently 69.51%.

Hedge Funds Weigh In On PPL

Institutional investors have recently modified their holdings of the stock. Williams Jones Wealth Management LLC. raised its stake in shares of PPL by 3.2% during the 3rd quarter. Williams Jones Wealth Management LLC. now owns 29,947 shares of the utilities provider’s stock valued at $1,113,000 after buying an additional 925 shares during the last quarter. Woodline Partners LP grew its position in shares of PPL by 40.7% during the 1st quarter. Woodline Partners LP now owns 62,375 shares of the utilities provider’s stock valued at $2,252,000 after acquiring an additional 18,057 shares during the period. Rossby Financial LCC grew its position in shares of PPL by 70.0% during the 4th quarter. Rossby Financial LCC now owns 3,012 shares of the utilities provider’s stock valued at $105,000 after acquiring an additional 1,240 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of PPL by 64.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,695 shares of the utilities provider’s stock valued at $159,000 after acquiring an additional 1,848 shares during the period. Finally, Triumph Capital Management acquired a new stake in shares of PPL during the 3rd quarter valued at about $173,000. Hedge funds and other institutional investors own 76.99% of the company’s stock.

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.