PPL (NYSE:PPL) Updates FY 2026 Earnings Guidance

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

Analyst Upgrades and Downgrades

A number of research firms have weighed in on PPL. Morgan Stanley restated an “overweight” rating and issued a $42.00 price target on shares of PPL in a report on Friday, February 20th. Barclays increased their target price on PPL from $40.00 to $41.00 and gave the company an “overweight” rating in a research note on Wednesday, April 8th. Wells Fargo & Company reduced their target price on PPL from $45.00 to $41.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. UBS Group increased their target price on PPL from $38.00 to $41.00 and gave the company a “neutral” rating in a research note on Monday, February 23rd. Finally, BMO Capital Markets increased their target price on PPL from $41.00 to $42.00 and gave the company an “outperform” rating in a research note on Monday, March 16th. One 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’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $41.25.

PPL Stock Performance

PPL stock opened at $39.67 on Monday. The company has a current ratio of 0.86, a quick ratio of 0.74 and a debt-to-equity ratio of 1.21. The firm has a market cap of $29.84 billion, a P/E ratio of 24.80, a P/E/G ratio of 2.77 and a beta of 0.66. PPL has a 12-month low of $33.12 and a 12-month high of $39.85. The stock’s 50 day simple moving average is $37.69 and its 200 day simple moving average is $36.61.

PPL (NYSE:PPL) last posted its quarterly earnings results on Friday, February 20th. The utilities provider reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.01). The firm had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.34 billion. PPL had a net margin of 13.06% and a return on equity of 9.29%. The business’s revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.34 earnings per share. PPL has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, equities research analysts predict that PPL will post 1.83 EPS for the current year.

PPL Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Tuesday, March 10th were given a $0.285 dividend. This is a boost from PPL’s previous quarterly dividend of $0.27. This represents a $1.14 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Tuesday, March 10th. PPL’s dividend payout ratio is 71.25%.

Institutional Investors Weigh In On PPL

A number of hedge funds have recently added to or reduced their stakes in the stock. State of Tennessee Department of Treasury lifted its stake 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 valued at $8,446,000 after buying an additional 9,118 shares during the last quarter. Captrust Financial Advisors lifted its stake in PPL by 62.8% in the fourth quarter. Captrust Financial Advisors now owns 115,776 shares of the utilities provider’s stock valued at $4,054,000 after buying an additional 44,657 shares during the last quarter. Woodline Partners LP lifted its stake in PPL by 40.7% in the first quarter. Woodline Partners LP now owns 62,375 shares of the utilities provider’s stock valued at $2,252,000 after buying an additional 18,057 shares during the last quarter. Williams Jones Wealth Management LLC. increased its stake in shares of PPL by 8.2% in the fourth quarter. Williams Jones Wealth Management LLC. now owns 32,415 shares of the utilities provider’s stock valued at $1,135,000 after purchasing an additional 2,468 shares during the period. Finally, Pinebridge Investments LLC acquired a new stake in shares of PPL in the fourth quarter valued at approximately $1,060,000. 76.99% of the stock is currently owned by institutional investors.

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.