16,326 PPL Corporation $PPL Shares Purchased by Brighton Jones LLC

Brighton Jones LLC raised its holdings in shares of PPL Corporation (NYSE:PPL) by 109.5% in the 3rd quarter, Holdings Channel reports. The firm owned 31,241 shares of the utilities provider’s stock after purchasing an additional 16,326 shares during the quarter. Brighton Jones LLC’s holdings in PPL were worth $1,028,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the business. Ethic Inc. raised its position in shares of PPL by 11.8% during the 3rd quarter. Ethic Inc. now owns 108,218 shares of the utilities provider’s stock worth $3,559,000 after purchasing an additional 11,439 shares during the period. Leelyn Smith LLC increased its position in PPL by 3.0% in the third quarter. Leelyn Smith LLC now owns 89,316 shares of the utilities provider’s stock worth $2,938,000 after buying an additional 2,603 shares during the period. Parallel Advisors LLC lifted its stake in PPL by 151.6% in the third quarter. Parallel Advisors LLC now owns 26,538 shares of the utilities provider’s stock valued at $873,000 after buying an additional 15,992 shares during the last quarter. Alps Advisors Inc. lifted its stake in PPL by 4.4% in the third quarter. Alps Advisors Inc. now owns 88,172 shares of the utilities provider’s stock valued at $2,900,000 after buying an additional 3,721 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new stake in PPL in the third quarter valued at $279,000. Institutional investors own 76.99% of the company’s stock.

PPL Price Performance

Shares of NYSE:PPL opened at $35.38 on Thursday. PPL Corporation has a 12 month low of $31.56 and a 12 month high of $40.10. The stock has a market cap of $26.64 billion, a price-to-earnings ratio of 20.22, a PEG ratio of 3.49 and a beta of 0.55. The stock’s 50 day moving average price is $34.29 and its 200 day moving average price is $36.05. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.75 and a quick ratio of 0.60.

PPL (NYSE:PPL) last issued its quarterly earnings results on Friday, November 6th. The utilities provider reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.01. The firm had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.41 billion. PPL had a return on equity of 9.58% and a net margin of 13.62%. The firm’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period last year, the company posted $0.48 EPS. PPL has set its FY 2026 guidance at 1.920-1.960 EPS. Equities research analysts anticipate that PPL Corporation will post 1.94 earnings per share for the current fiscal year.

PPL Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were given a dividend of $0.2850 per share. The ex-dividend date was Thursday, September 10th. This represents a $1.14 annualized dividend and a dividend yield of 3.2%. PPL’s dividend payout ratio (DPR) is 65.14%.

Insider Buying and Selling at PPL

In other news, EVP Wendy Stark sold 5,406 shares of PPL stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $35.11, for a total value of $189,804.66. Following the transaction, the executive vice president owned 99,220 shares of the company’s stock, valued at $3,483,614.20. The trade was a 5.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.34% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on PPL. Royal Bank Of Canada started coverage on shares of PPL in a report on Tuesday, September 15th. They set a “sector perform” rating and a $35.00 price target for the company. Scotiabank began coverage on shares of PPL in a research report on Tuesday, September 29th. They issued a “sector outperform” rating and a $36.00 price objective on the stock. Barclays cut their price objective on shares of PPL from $41.00 to $38.00 and set an “overweight” rating on the stock in a research report on Monday, October 12th. HSBC assumed coverage on PPL in a research report on Thursday, October 22nd. They set a “buy” rating and a $42.00 price target for the company. Finally, BMO Capital Markets reissued an “outperform” rating on shares of PPL in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, PPL presently has a consensus rating of “Moderate Buy” and a consensus target price of $40.12.

PPL Company Profile

PPL Corporation is an energy company that owns regulated electric and natural gas utilities. Its businesses generate, transmit and distribute electricity and deliver natural gas to residential, commercial and industrial customers. PPL serves customers in Pennsylvania, Kentucky and Rhode Island through subsidiaries including PPL Electric Utilities, Louisville Gas and Electric Company, Kentucky Utilities and Rhode Island Energy. Its utility operations maintain the infrastructure used to provide energy and support related customer services.