PPL (NYSE:PPL) Releases FY 2026 Earnings Guidance

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

PPL Stock Performance

Shares of PPL stock traded up $0.85 during trading hours on Friday, reaching $35.47. The company had a trading volume of 10,777,187 shares, compared to its average volume of 8,797,979. The firm has a market cap of $26.69 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 2.39 and a beta of 0.57. The business has a fifty day moving average price of $35.81 and a 200-day moving average price of $36.84. PPL has a one year low of $33.17 and a one year high of $40.10. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.88 and a current ratio of 1.00.

PPL (NYSE:PPL) last posted its earnings results on Friday, August 7th. The utilities provider reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). The company had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.19 billion. PPL had a return on equity of 9.41% and a net margin of 13.09%.The company’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period last year, the firm posted $0.32 EPS. PPL has set its FY 2026 guidance at 1.900-1.980 EPS. Sell-side analysts predict that PPL will post 1.94 earnings per share for the current fiscal year.

PPL Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Wednesday, June 10th were given a dividend of $0.285 per share. This represents a $1.14 annualized dividend and a yield of 3.2%. The ex-dividend date was Wednesday, June 10th. PPL’s payout ratio is 69.51%.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Bank of America decreased their price target on shares of PPL from $42.00 to $39.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Jefferies Financial Group raised their target price on PPL from $40.00 to $48.00 and gave the stock a “buy” rating in a report on Monday, April 13th. BMO Capital Markets upped their price target on PPL from $39.00 to $40.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Mizuho upgraded PPL to a “hold” rating in a research note on Friday, July 3rd. Finally, Barclays lifted their price target on shares of PPL from $39.00 to $41.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, PPL has a consensus rating of “Moderate Buy” and a consensus price target of $41.67.

Insider Buying and Selling

In related news, CFO Ashley F. Johnson sold 34,993 shares of the company’s stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of $22.08, for a total transaction of $772,645.44. Following the completion of the transaction, the chief financial officer owned 561,482 shares in the company, valued at approximately $12,397,522.56. This represents a 5.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kristen Robinson sold 37,107 shares of the firm’s stock in a transaction on Wednesday, July 15th. The shares were sold at an average price of $25.05, for a total transaction of $929,530.35. Following the transaction, the director directly owned 222,897 shares of the company’s stock, valued at $5,583,569.85. The trade was a 14.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company 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 increased 4.2% year over year to $2.11 billion. Management also reaffirmed its 2026 EPS guidance range of $1.90–$1.98 and its longer-term growth outlook. PPL Corporation Delivers Solid Second-Quarter 2026 Earnings
• Positive Sentiment: The company cited supportive trends including higher electricity demand, new rates, clean-energy investment, data-center demand and cost controls. These factors could support regulated utility growth and earnings visibility. What to Expect From These 2 Utility Stocks This Season?
• Neutral Sentiment: GAAP earnings were $0.30 per share, while ongoing EPS was $0.33. Analysts’ estimates varied between $0.34 and $0.35, making the underlying result slightly weaker than expected but still better than the prior-year period. PPL Q2 2026 Earnings Call Transcript
• Negative Sentiment: Quarterly revenue of $2.11 billion fell short of the roughly $2.19–$2.21 billion analyst expectations. The EPS guidance midpoint of $1.94 is also slightly below the $1.95 consensus estimate, limiting the potential for a major valuation re-rating. PPL Misses Q2 Expectations but Reaffirms Full-Year Outlook
• Negative Sentiment: Analyst commentary cautions that PPL’s slower dividend growth and premium valuation could constrain upside, despite generally positive Wall Street views. PPL’s Slower Dividend Growth Limits Upside

Institutional Trading of PPL

A number of large investors have recently added to or reduced their stakes in PPL. Arkadios Wealth Advisors increased its position in PPL by 28.2% in the fourth quarter. Arkadios Wealth Advisors now owns 12,144 shares of the utilities provider’s stock worth $425,000 after purchasing an additional 2,668 shares during the last quarter. Pinebridge Investments LLC purchased a new position in shares of PPL in the 4th quarter worth $1,060,000. Williams Jones Wealth Management LLC. increased its holdings 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 buying an additional 925 shares during the last quarter. Horizon Investments LLC increased its holdings 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 buying an additional 540 shares during the last quarter. Finally, Parallel Advisors LLC raised its position in shares of PPL by 3.8% during the 3rd quarter. Parallel Advisors LLC now owns 9,325 shares of the utilities provider’s stock valued at $347,000 after buying an additional 341 shares in the last quarter. Institutional investors own 76.99% of the company’s stock.

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.