Kingsview Wealth Management LLC Takes Position in PPL Corporation $PPL

Posted by George Bondi on Aug 30th, 2026

Kingsview Wealth Management LLC acquired a new stake in PPL Corporation (NYSE:PPL – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 34,974 shares of the utilities provider’s stock, valued at approximately $1,271,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Empowered Funds LLC increased its position in shares of PPL by 39.5% during the first quarter. Empowered Funds LLC now owns 19,166 shares of the utilities provider’s stock worth $692,000 after acquiring an additional 5,428 shares during the period. Woodline Partners LP increased its holdings in PPL by 40.7% during the 1st quarter. Woodline Partners LP now owns 62,375 shares of the utilities provider’s stock worth $2,252,000 after purchasing an additional 18,057 shares during the period. Focus Partners Wealth raised its position in PPL by 13.0% in the 1st quarter. Focus Partners Wealth now owns 26,861 shares of the utilities provider’s stock valued at $971,000 after purchasing an additional 3,084 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of PPL by 64.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,695 shares of the utilities provider’s stock valued at $159,000 after buying an additional 1,848 shares during the period. Finally, Cary Street Partners Financial LLC grew its position in shares of PPL by 6.9% during the second quarter. Cary Street Partners Financial LLC now owns 5,299 shares of the utilities provider’s stock worth $180,000 after buying an additional 343 shares in the last quarter. 76.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CFO Ashley F. Johnson sold 34,993 shares of the firm’s stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $22.08, for a total transaction of $772,645.44. Following the transaction, the chief financial officer owned 561,482 shares of the company’s stock, valued at $12,397,522.56. This trade represents a 5.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Kristen Robinson sold 37,107 shares of the company’s stock in a transaction that occurred on Wednesday, July 15th. The shares were sold at an average price of $25.05, for a total value 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.34% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on PPL shares. Weiss Ratings downgraded shares of PPL from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, June 18th. Morgan Stanley decreased their price objective on shares of PPL from $43.00 to $42.00 and set an “overweight” rating for the company in a research report on Friday, August 21st. JPMorgan Chase & Co. increased their target price on PPL from $42.00 to $45.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Jefferies Financial Group cut their price target on PPL from $48.00 to $44.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, Bank of America cut their target price on PPL from $42.00 to $39.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $41.00.

Get Our Latest Stock Report on PPL

PPL Trading Down 0.7%

PPL opened at $34.20 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.91 and a debt-to-equity ratio of 1.32. PPL Corporation has a 52 week low of $33.17 and a 52 week high of $40.10. The business’s 50 day moving average is $35.74 and its two-hundred day moving average is $36.72. The firm has a market cap of $25.74 billion, a price-to-earnings ratio of 20.24, a price-to-earnings-growth ratio of 2.34 and a beta of 0.57.

PPL (NYSE:PPL – Get Free Report) last announced its earnings results on Friday, August 7th. The utilities provider reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). The business had revenue of $2.11 billion for the quarter, compared to analysts’ expectations of $2.19 billion. PPL had a return on equity of 9.33% and a net margin of 13.47%.During the same quarter last year, the business posted $0.32 earnings per share. The business’s revenue was up 4.2% on a year-over-year basis. PPL has set its FY 2026 guidance at 1.900-1.980 EPS. On average, research analysts predict that PPL Corporation will post 1.94 EPS for the current year.

PPL Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be issued a $0.285 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Thursday, September 10th. PPL’s dividend payout ratio is presently 67.46%.

About PPL

(Free Report)

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.