BTG Pactual Asset Management US LLC lifted its holdings in PPL Corporation (NYSE:PPL – Free Report) by 306.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 403,390 shares of the utilities provider’s stock after purchasing an additional 304,062 shares during the quarter. PPL comprises about 0.9% of BTG Pactual Asset Management US LLC’s holdings, making the stock its 16th biggest position. BTG Pactual Asset Management US LLC’s holdings in PPL were worth $14,663,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of PPL. Legal & General Group Plc purchased a new position in PPL during the second quarter worth approximately $187,326,000. Cullen Capital Management LLC acquired a new stake in PPL in the second quarter valued at approximately $54,611,000. Hsbc Holdings PLC purchased a new stake in shares of PPL in the second quarter valued at approximately $48,651,000. Man Group plc purchased a new stake in shares of PPL in the second quarter valued at approximately $36,935,000. Finally, Canada Pension Plan Investment Board acquired a new position in shares of PPL during the 2nd quarter worth approximately $33,729,000. Institutional investors and hedge funds own 76.99% of the company’s stock.
Insider Activity
In related news, CFO Ashley F. Johnson sold 34,993 shares of the business’s stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $22.08, for a total transaction of $772,645.44. Following the transaction, the chief financial officer directly owned 561,482 shares in the company, valued at approximately $12,397,522.56. The trade was a 5.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Kristen Robinson sold 37,107 shares of the company’s stock in a transaction dated Wednesday, July 15th. The shares were sold at an average price of $25.05, for a total transaction of $929,530.35. Following the sale, the director directly owned 222,897 shares of the company’s stock, valued at approximately $5,583,569.85. This represents a 14.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.34% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on PPL
PPL Stock Performance
NYSE PPL opened at $34.20 on Monday. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.91 and a quick ratio of 0.73. The stock’s 50 day simple moving average is $35.74 and its 200-day simple moving average is $36.73. The company has a market cap of $25.74 billion, a PE ratio of 20.24, a price-to-earnings-growth ratio of 2.34 and a beta of 0.57. PPL Corporation has a 1-year low of $33.17 and a 1-year high of $40.10.
PPL (NYSE:PPL – Get Free Report) last posted its quarterly earnings data on Friday, August 7th. The utilities provider reported $0.33 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.01). The firm had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.19 billion. PPL had a net margin of 13.47% and a return on equity of 9.33%. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.32 earnings per share. PPL has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, equities research analysts anticipate that PPL Corporation will post 1.94 EPS for the current fiscal year.
PPL Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be paid a $0.285 dividend. This represents a $1.14 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Thursday, September 10th. PPL’s dividend payout ratio (DPR) is currently 67.46%.
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.
Featured Articles
- Five stocks we like better than PPL
- Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
- Rubrik’s AI Security Bet Could Power the Next Leg Higher
- Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All
- Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
Want to see what other hedge funds are holding PPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PPL Corporation (NYSE:PPL – Free Report).
Receive News & Ratings for PPL Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PPL and related companies with MarketBeat.com's FREE daily email newsletter.
