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 (EPS) guidance of 1.900-1.980 for the period, compared to the consensus estimate of 1.950. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Mizuho boosted their target price on shares of PPL from $39.00 to $40.00 and gave the company a “neutral” rating in a report on Monday, March 16th. JPMorgan Chase & Co. lowered their target price on shares of PPL from $43.00 to $42.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Morgan Stanley reissued an “overweight” rating on shares of PPL in a report on Thursday, May 21st. Weiss Ratings cut shares of PPL from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, May 22nd. Finally, Wells Fargo & Company reissued an “overweight” rating on shares of PPL in a report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, PPL has an average rating of “Moderate Buy” and an average price target of $41.83.

PPL Trading Down 0.1%

NYSE PPL opened at $35.36 on Monday. The company has a quick ratio of 0.88, a current ratio of 1.00 and a debt-to-equity ratio of 1.27. PPL has a twelve month low of $33.17 and a twelve month high of $40.10. The firm has a market capitalization of $26.60 billion, a PE ratio of 21.56, a P/E/G ratio of 2.42 and a beta of 0.57. The stock’s 50 day moving average is $37.49 and its 200 day moving average is $36.64.

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

PPL Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders 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 dividend yield of 3.2%. The ex-dividend date is Wednesday, June 10th. PPL’s dividend payout ratio (DPR) is presently 69.51%.

Hedge Funds Weigh In On PPL

Several large investors have recently made changes to their positions in PPL. Rossby Financial LCC lifted its holdings in shares of 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 last quarter. EverSource Wealth Advisors LLC increased its position in shares of PPL by 64.9% during the second 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 in the last quarter. Triumph Capital Management purchased a new position in PPL in the 3rd quarter worth approximately $173,000. Cary Street Partners Financial LLC raised its holdings in 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 acquiring an additional 343 shares during the last quarter. Finally, von Borstel & Associates Inc. purchased a new position in PPL in the 3rd quarter worth approximately $235,000. 76.99% of the stock is currently 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.