PPL (NYSE:PPL) Updates FY 2026 Earnings Guidance

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

PPL Trading Up 0.1%

NYSE PPL opened at $35.36 on Friday. The company has a quick ratio of 0.88, a current ratio of 1.00 and a debt-to-equity ratio of 1.27. 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 company has a 50 day moving average price of $37.49 and a 200 day moving average price of $36.64. PPL has a 52 week low of $33.17 and a 52 week high of $40.10.

PPL (NYSE:PPL) last posted its quarterly earnings data on Friday, May 8th. The utilities provider reported $0.63 EPS for the quarter, topping the consensus estimate of $0.61 by $0.02. The firm had revenue of $2.77 billion during 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 revenue was up 10.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.60 EPS. As a group, sell-side analysts forecast that PPL will post 1.95 EPS for the current fiscal year.

PPL Dividend Announcement

The company 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. This represents a $1.14 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Wednesday, June 10th. PPL’s payout ratio is 69.51%.

Analyst Ratings Changes

Several research analysts recently commented on PPL shares. Jefferies Financial Group boosted their price objective on shares of PPL from $40.00 to $48.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Weiss Ratings lowered shares of PPL from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, May 22nd. Barclays reduced their price objective on shares of PPL from $41.00 to $39.00 and set an “overweight” rating for the company in a research note on Monday, May 11th. BMO Capital Markets reduced their price objective on shares of PPL from $42.00 to $40.00 and set an “outperform” rating for the company in a research note on Monday, May 11th. Finally, Mizuho upped their price target on shares of PPL from $39.00 to $40.00 and gave the company a “neutral” rating in a research note on Monday, March 16th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $41.83.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Rossby Financial LCC increased its stake in PPL by 70.0% during the 4th quarter. Rossby Financial LCC now owns 3,012 shares of the utilities provider’s stock valued at $105,000 after purchasing an additional 1,240 shares in the last quarter. Triumph Capital Management acquired a new stake in shares of PPL in the third quarter worth $173,000. EverSource Wealth Advisors LLC increased its stake in shares of PPL by 64.9% in the second quarter. EverSource Wealth Advisors LLC now owns 4,695 shares of the utilities provider’s stock worth $159,000 after acquiring an additional 1,848 shares during the period. Cary Street Partners Financial LLC increased its stake in shares of PPL by 6.9% in the second quarter. Cary Street Partners Financial LLC now owns 5,299 shares of the utilities provider’s stock worth $180,000 after acquiring an additional 343 shares during the period. Finally, von Borstel & Associates Inc. acquired a new stake in shares of PPL in the third quarter worth $235,000. Institutional investors and hedge funds own 76.99% of the company’s stock.

PPL Company Profile

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.