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
53% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 68
25% more repeat investments, than reductions
Existing positions increased: 319 | Existing positions reduced: 256
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: $16B [Q2] → $18.8B (+$2.83B) [Q3]
3% more funds holding
Funds holding: 781 [Q2] → 806 (+25) [Q3]
1.04% less ownership
Funds ownership: 78.31% [Q2] → 77.27% (-1.04%) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Jefferies Paul Zimbardo 67% 1-year accuracy 4 / 6 met price target | 14%upside $38 | Buy Maintained | 17 Dec 2024 |
Citigroup Ryan Levine 67% 1-year accuracy 4 / 6 met price target | 8%upside $36 | Neutral Maintained | 12 Dec 2024 |
BMO Capital James Thalacker 68% 1-year accuracy 52 / 76 met price target | 8%upside $36 | Outperform Initiated | 11 Dec 2024 |
B of A Securities Julien Dumoulin-Smith 54% 1-year accuracy 39 / 72 met price target | 5%upside $35 | Buy Maintained | 4 Nov 2024 |
JP Morgan Jeremy Tonet 77% 1-year accuracy 23 / 30 met price target | 11%upside $37 | Overweight Initiated | 25 Oct 2024 |
Financial journalist opinion
Based on 7 articles about PPL published over the past 30 days
