PPL Corp
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 Q3 regulatory filings by fund managers ($100M+ AUM)
89% more call options, than puts
Call options by funds: $154M | Put options by funds: $81.4M
26% more repeat investments, than reductions
Existing positions increased: 317 | Existing positions reduced: 251
20% more funds holding in top 10
Funds holding in top 10: 10 [Q2] → 12 (+2) [Q3]
18% more capital invested
Capital invested by funds: $15.9B [Q2] → $18.7B (+$2.85B) [Q3]
11% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 93
1% more funds holding
Funds holding: 779 [Q2] → 789 (+10) [Q3]
0.87% less ownership
Funds ownership: 77.68% [Q2] → 76.81% (-0.87%) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
B of A Securities Julien Dumoulin-Smith 61% 1-year accuracy 44 / 72 met price target | 4%upside $35 | Buy Maintained | 4 Nov 2024 |
JP Morgan Jeremy Tonet 69% 1-year accuracy 20 / 29 met price target | 10%upside $37 | Overweight Initiated | 25 Oct 2024 |
Barclays Nicholas Campanella 72% 1-year accuracy 49 / 68 met price target | 1%upside $34 | Equal-Weight Maintained | 21 Oct 2024 |
Jefferies Paul Zimbardo 100% 1-year accuracy 3 / 3 met price target | 13%upside $38 | Buy Initiated | 19 Sept 2024 |
Wells Fargo Neil Kalton 69% 1-year accuracy 33 / 48 met price target | 10%upside $37 | Overweight Maintained | 16 Sept 2024 |
Financial journalist opinion
Based on 8 articles about PPL published over the past 30 days
