PPL (NYSE:PPL) Updates FY 2025 Earnings Guidance

PPL (NYSE:PPL) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.780-1.840 for the period, compared to the consensus earnings per share estimate of 1.810. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Bank of America upped their target price on PPL from $38.00 to $43.00 and gave the company a “buy” rating in a report on Thursday, October 16th. Wells Fargo & Company started coverage on PPL in a research report on Monday, October 27th. They issued an “overweight” rating and a $43.00 price objective for the company. Weiss Ratings reissued a “buy (b)” rating on shares of PPL in a research report on Wednesday, October 8th. Morgan Stanley reissued an “overweight” rating and issued a $41.00 price objective on shares of PPL in a research report on Wednesday, October 22nd. Finally, Evercore ISI initiated coverage on PPL in a research report on Monday, October 6th. They issued an “outperform” rating and a $43.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $40.73.

PPL Price Performance

Shares of NYSE PPL traded up $0.06 during midday trading on Wednesday, reaching $36.31. 3,638,316 shares of the company traded hands, compared to its average volume of 5,444,513. The firm has a market cap of $26.85 billion, a PE ratio of 27.10, a PEG ratio of 2.74 and a beta of 0.66. The stock’s 50-day simple moving average is $36.65 and its 200-day simple moving average is $35.70. PPL has a 12 month low of $31.22 and a 12 month high of $38.26. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.49 and a current ratio of 0.59.

PPL (NYSE:PPL) last issued its quarterly earnings data on Wednesday, November 5th. The utilities provider reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. PPL had a return on equity of 8.81% and a net margin of 11.22%.The business’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.42 earnings per share. PPL has set its FY 2025 guidance at 1.780-1.840 EPS. As a group, equities analysts anticipate that PPL will post 1.83 earnings per share for the current fiscal year.

PPL Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Wednesday, September 10th were issued a $0.2725 dividend. This represents a $1.09 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Wednesday, September 10th. PPL’s payout ratio is currently 81.34%.

Institutional Trading of PPL

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State of Tennessee Department of Treasury increased its position in PPL by 3.8% in the second quarter. State of Tennessee Department of Treasury now owns 249,204 shares of the utilities provider’s stock worth $8,446,000 after purchasing an additional 9,118 shares during the period. Captrust Financial Advisors lifted its holdings in shares of PPL by 2.3% during the 2nd quarter. Captrust Financial Advisors now owns 73,345 shares of the utilities provider’s stock valued at $2,486,000 after purchasing an additional 1,650 shares in the last quarter. Woodline Partners LP lifted its stake in PPL by 40.7% in the 1st quarter. Woodline Partners LP now owns 62,375 shares of the utilities provider’s stock valued at $2,252,000 after acquiring an additional 18,057 shares in the last quarter. Focus Partners Wealth lifted its stake in PPL by 13.0% in the 1st quarter. Focus Partners Wealth now owns 26,861 shares of the utilities provider’s stock valued at $971,000 after acquiring an additional 3,084 shares in the last quarter. Finally, Empowered Funds LLC raised its stake in shares of PPL by 39.5% during the 1st quarter. Empowered Funds LLC now owns 19,166 shares of the utilities provider’s stock worth $692,000 after purchasing an additional 5,428 shares in the last quarter. 76.99% of the stock is currently owned by institutional investors and hedge funds.

PPL Company Profile

PPL Corporation, an energy company, focuses on providing electricity and natural gas to approximately 3.6 million customers in the United States. It operates through three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The company delivers electricity to customers in Pennsylvania, Kentucky, Virginia, and Rhode Island; delivers natural gas to customers in Kentucky and Rhode Island; and generates electricity from power plants in Kentucky.