PPL CorpPPL
Market Cap: $23.7B
About: PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. LG&E and KU are involved in regulated electricity generation, transmission, and distribution in Kentucky. The Kentucky utilities also serve gas customers. Rhode Island Energy operates electric and gas utilities in Rhode Island.
Employees: 6,629
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
81% more call options, than puts
Call options by funds: $102M | Put options by funds: $56.1M
40% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 55
3% more funds holding
Funds holding: 753 [Q1] → 775 (+22) [Q2]
1.88% more ownership
Funds ownership: 74.87% [Q1] → 76.76% (+1.88%) [Q2]
3% more capital invested
Capital invested by funds: $15.2B [Q1] → $15.7B (+$453M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 10 [Q1] → 10 (+0) [Q2]
19% less repeat investments, than reductions
Existing positions increased: 247 | Existing positions reduced: 305
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
B of A Securities Julien Dumoulin-Smith 68% 1-year accuracy 32 / 47 met price target | 6%upside $34 | Buy Maintained | 29 Aug 2024 |
Morgan Stanley David Arcaro 58% 1-year accuracy 25 / 43 met price target | 3%upside $33 | Overweight Maintained | 23 Aug 2024 |
Wells Fargo Neil Kalton 89% 1-year accuracy 31 / 35 met price target | 9%upside $35 | Overweight Maintained | 5 Aug 2024 |
Morgan Stanley David Arcaro 58% 1-year accuracy 25 / 43 met price target | 3%downside $31 | Overweight Maintained | 24 Jun 2024 |
Financial journalist opinion
Based on 4 articles about PPL published over the past 30 days