PPL (NYSE:PPL) Issues FY 2026 Earnings Guidance

PPL (NYSE:PPL) updated its FY 2026 earnings guidance on Sunday. The company provided EPS guidance of 1.900-1.980 for the period, compared to the consensus EPS estimate of 1.950. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on PPL. Seaport Research Partners set a $42.00 target price on shares of PPL in a research note on Monday, April 20th. Morgan Stanley restated an “overweight” rating on shares of PPL in a research note on Thursday, May 21st. UBS Group upped their target price on shares of PPL from $38.00 to $41.00 and gave the company a “neutral” rating in a research note on Monday, February 23rd. Barclays cut their target price on shares of PPL from $41.00 to $39.00 and set an “overweight” rating on the stock in a research note on Monday, May 11th. Finally, Citigroup upped their target price on shares of PPL from $36.00 to $38.00 and gave the company a “neutral” rating in a research note on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $41.83.

PPL Stock Performance

Shares of PPL stock opened at $35.36 on Friday. The firm has a market cap of $26.60 billion, a PE ratio of 21.56, a price-to-earnings-growth ratio of 2.42 and a beta of 0.60. The firm’s 50-day simple moving average is $37.49 and its 200-day simple moving average is $36.64. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.88 and a current ratio of 1.00. PPL has a 1 year low of $33.17 and a 1 year high of $40.10.

PPL (NYSE:PPL) last released its quarterly earnings data on Friday, May 8th. The utilities provider reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.02. The firm had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.51 billion. PPL had a net margin of 13.09% and a return on equity of 9.41%. PPL’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.60 earnings per share. Equities analysts forecast that PPL will post 1.95 earnings per share for the current fiscal year.

PPL Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Wednesday, June 10th will be paid a dividend of $0.285 per share. The ex-dividend date is Wednesday, June 10th. This represents a $1.14 annualized dividend and a yield of 3.2%. PPL’s dividend payout ratio is 69.51%.

Institutional Investors Weigh In On PPL

Several institutional investors and hedge funds have recently bought and sold shares of the business. State of Tennessee Department of Treasury raised its stake in PPL by 3.8% during 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 acquiring an additional 9,118 shares during the period. Captrust Financial Advisors raised its stake in PPL by 62.8% during the fourth quarter. Captrust Financial Advisors now owns 115,776 shares of the utilities provider’s stock worth $4,054,000 after acquiring an additional 44,657 shares during the period. Woodline Partners LP raised its stake in PPL by 40.7% during the first quarter. Woodline Partners LP now owns 62,375 shares of the utilities provider’s stock worth $2,252,000 after acquiring an additional 18,057 shares during the period. Williams Jones Wealth Management LLC. raised its stake in PPL by 8.2% during the fourth quarter. Williams Jones Wealth Management LLC. now owns 32,415 shares of the utilities provider’s stock worth $1,135,000 after acquiring an additional 2,468 shares during the period. Finally, Pinebridge Investments LLC acquired a new stake in PPL during the fourth quarter worth about $1,060,000. Institutional investors and hedge funds own 76.99% of the company’s stock.

About PPL

PPL Corporation is an energy company that owns and operates electric transmission and distribution infrastructure and provides related customer services. The company’s core business centers on delivering electricity to residential, commercial and industrial customers through regulated utility operations, maintaining grid reliability, responding to outages and managing customer billing and account services.

PPL’s activities include construction and maintenance of distribution and transmission lines, meter and grid management, and programs to support energy efficiency and the interconnection of distributed resources.