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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 6 analysts
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
32% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 79
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: $15.9B [Q2] → $18.7B (+$2.83B) [Q3]
3% more funds holding
Funds holding: 781 [Q2] → 806 (+25) [Q3]
0.96% less ownership
Funds ownership: 77.69% [Q2] → 76.73% (-0.96%) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$34
5%
upside
Avg. target
$36
11%
upside
High target
$38
17%
upside
6 analyst ratings
4 positive
67%
2 neutral
33%
0 negative
0%
Jefferies Paul Zimbardo 67% 1-year accuracy 4 / 6 met price target | 17%upside $38 | Buy Maintained | 17 Dec 2024 |
Citigroup Ryan Levine 67% 1-year accuracy 4 / 6 met price target | 11%upside $36 | Neutral Maintained | 12 Dec 2024 |
BMO Capital James Thalacker 64% 1-year accuracy 49 / 77 met price target | 11%upside $36 | Outperform Initiated | 11 Dec 2024 |
B of A Securities Julien Dumoulin-Smith 54% 1-year accuracy 73 / 135 met price target | 8%upside $35 | Buy Maintained | 4 Nov 2024 |
JP Morgan Jeremy Tonet 62% 1-year accuracy 18 / 29 met price target | 14%upside $37 | Overweight Initiated | 25 Oct 2024 |
Financial journalist opinion
Based on 4 articles about PPL published over the past 30 days
Positive
Zacks Investment Research
1 day ago
Is PPL (PPL) a Buy as Wall Street Analysts Look Optimistic?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Positive
Kiplinger
1 week ago
The Best Utility Stocks to Buy
Utility stocks are defensive plays for investors, offering stability and reliable dividends. Here, we look at how you can find the best ones to buy.
Neutral
Zacks Investment Research
2 weeks ago
Brokers Suggest Investing in PPL (PPL): Read This Before Placing a Bet
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Neutral
PRNewsWire
4 weeks ago
PPL to Pay Quarterly Stock Dividend Jan. 2, 2025
ALLENTOWN, Pa. , Nov. 22, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Friday, Nov. 22, 2024, of $0.2575 per share, payable Jan. 2, 2025 to shareowners of record as of Dec.10, 2024.
Positive
Zacks Investment Research
1 month ago
PPL's Q3 Earnings Surpass Estimates: How to Play the Stock
PPL Corporation's investment in infrastructure, cost management and rising demand for its services allows it to come out with consistent strong earnings performance.
Neutral
Seeking Alpha
1 month ago
PPL Corporation (PPL) Q3 2024 Earnings Call Transcript
PPL Corporation (NYSE:PPL ) Q3 2024 Earnings Conference Call November 1, 2024 11:00 AM ET Company Participants Andy Ludwig - Vice President of Investor Relations Vince Sorgi - President & Chief Executive Officer Joe Bergstein - Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Partners David Arcaro - Morgan Stanley Jeremy Tonet - JPMorgan Durgesh Chopra - Evercore ISI Paul Zimbardo - Jefferies Angie Storozynski - Seaport David Paz - Wolfe Gregg Orrill - UBS Operator Good day and welcome to the PPL Corporation Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
Neutral
Zacks Investment Research
1 month ago
PPL's Q3 Earnings Surpass Estimates, Revenues Increase Y/Y
PPL's third-quarter earnings decrease year over year while revenues increase. Total operating expenses increase during the same period.
Positive
Zacks Investment Research
1 month ago
PPL (PPL) Q3 Earnings Beat Estimates
PPL (PPL) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.43 per share a year ago.
Neutral
PRNewsWire
1 month ago
PPL Corporation reports third-quarter 2024 earnings
Announces 2024 third-quarter reported earnings (GAAP) per share of $0.29. Achieves 2024 third-quarter ongoing earnings per share of $0.42 vs.
Positive
Zacks Investment Research
1 month ago
PPL to Release Third-Quarter Earnings: Here's What You Need to Know
PPL's third-quarter 2024 results are likely to benefit from increased transmission investments and ongoing savings in operation and maintenance costs.
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