PPL (NYSE:PPL) Azioni

PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. LG&E and KU are involved in regulated electricity generation, transmission, and distribution in Kentucky. The Kentucky utilities also serve gas customers. Rhode Island Energy operates electric and gas utilities in Rhode Island.

PPL Corp

PEMBINA PIPLNE CL A PFD 5 by Pembina Pipeline Corp.

Pembina Pipeline Corp

PT PERUSAHAAN GAS NGR ORD by PT Perusahaan Perkebunan London Sumatra Indonesia Tbk

PT PP London Sumatra Indonesia Tbk

PT PERUSAHAAN UNSP/ADR by PT Perusahaan Perkebunan London Sumatra Indonesia Tbk

Peoples Ltd

PEMBINA PIPELINE PFD A by Pembina Pipeline Corp.

abrdn Physical Platinum Shares ETF

UBS analyst Daniel Ford maintains PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with a Neutral and raises the price target from $35 to $36.

News

Price Target

Analyst Ratings

UBS Maintains Neutral on PPL, Raises Price Target to $36

Morgan Stanley analyst David Arcaro maintains PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with a Overweight and raises the price target from $35 to $38.

Morgan Stanley Maintains Overweight on PPL, Raises Price Target to $38

Earnings

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Earnings Scheduled For February 27, 2025

Barclays analyst Nicholas Campanella maintains PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with a Equal-Weight and raises the price target from $33 to $36.

Barclays Maintains Equal-Weight on PPL, Raises Price Target to $36

Offerings

PPL Corp Files For Offering Of Up To $2B Of Common Stock

Wall Street climbed on Thursday, even as the Producer Price Index (PPI) sharply exceeded estimates in January, reigniting concerns <a href="https://www.benzinga.com/economics/macro-economic-events/25/02/43692996/inflation-fears-mount-as-producer-prices-soar-to-35-put-fed-interest-rate-cut-on-ice">over persistent inflationary pressures. </a>
Despite the hotter-than-expected PPI reading—up 3.5% year-over-year in January, surpassing the 3.3% forecast—investors found some relief in certain PPI components that influence the Federal Reserve's preferred inflation gauge, which showed signs of <a href="https://www.benzinga.com/economics/macro-economic-events/25/02/43701823/economists-breathe-sigh-of-relief-why-producer-inflation-isnt-as-bad-as-it-seems">cooling compared to December.</a>
Investor risk appetite remained supported by expectations of ceasefire talks in Ukraine following a conversation between former President Donald Trump and Russian President Vladimir Putin a day earlier. 
By midday trading in New York, all major indices were in positive territory, with technology stocks leading the gains. Among semiconductor stocks, Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) continued to rally, surging 10% after strong performances in prior sessions. 
The U.S. chipmaker benefited from renewed buying momentum following comments from Vice President J.D. Vance, who indicated that the Trump administration plans to ease regulations to accelerate AI chip innovation in the U.S.
Intel has now soared over 27% this week, tracking its best weekly performance since 1974. 
The U.S. dollar extended its decline as Treasury yields pulled back sharply, reversing Wednesday&#8217;s surge.
In commodities, gold edged up 0.4% to $2,918 per ounce, oil remained steady at $71 per barrel, and natural gas surged 2.4% to $3.66 per million British thermal units. 
Sentiment in cryptocurrency markets remained subdued, with Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) sliding 2.4% to trade below $96,000.
<h3 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,903.94</td>
<td>0.9%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,088.51</td>
<td>0.6%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,493.13</td>
<td>0.3%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,261.64</td>
<td>0.3%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:45 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021325&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;rose 0.6% to $606.89.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.3% to $445.18.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rose 0.9% to $532.98.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 0.4% to $224.58.</li>
<li>The&nbsp;Materials Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>) outperformed, up 1.1%; the&nbsp;Industrials Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>) lagged, down 1.2%.</li>
</ul>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
Stocks reacting to company earnings reports included:
<ul>
<li>Cisco Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>): up 2.05%</li>
<li>Zoetis Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTS#NYSE">ZTS</a>): down 7.8%</li>
<li>Duke Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>): down 2.5%</li>
<li>American Electric Power Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>): down 0.6%</li>
<li>Equinix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EQIX#NASDAQ">EQIX</a>): down 1.9%</li>
<li>Moody's Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCO#NYSE">MCO</a>): up 2.9%</li>
<li>Deere &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>): down 1.5%</li>
<li>PPL Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>): down 1.8%</li>
<li>MGM Resorts International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>): up 17.9%</li>
<li>Paycom Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAYC#NYSE">PAYC</a>): flat</li>
<li>HubSpot Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>): up 1.6%</li>
<li>Lincoln Electric Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LECO#NASDAQ">LECO</a>): up 11.7%</li>
<li>Curtiss-Wright Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CW#NYSE">CW</a>): down 0.5%</li>
<li>West Pharmaceutical Services Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WST#NYSE">WST</a>): down 34%</li>
<li>CBRE Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NYSE">CBRE</a>): up 1.1%</li>
<li>DTE Energy Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DTE#NYSE">DTE</a>): up 2.4%</li>
<li>AppLovin Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>): up 19.9%</li>
<li>Reddit Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>): down 8.8%. </li>
</ul>
Read Next:
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<li><a href="https://www.benzinga.com/25/02/43703014/robert-f-kennedy-confirmed-as-trump-secretary-of-health">Robert F. Kennedy, Vaccine Skeptic, Confirmed As Trump&#8217;s Secretary Of Health: Health Care Stocks To Watch</a></li>
</ul>
Photo: Ryan DeBerardinis via Shutterstock

Equities

Macro Economic Events

Bonds

Broad U.S. Equity ETFs

Econ #s

Economics

ETFs

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CBRE

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CSCO

SPDR Dow Jones Industrial Average ETF Trust

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Select Sector SPDR-Consumer Discretionary

ZBRA

Stocks Rise Despite Hot Producer Inflation, Intel Soars, Bitcoin Drops Below $96,000: What's Driving Markets Thursday?

PPL Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) shares are trading lower after the company reported fourth-quarter FY24 operating revenue <a href="https://www.benzinga.com/pressreleases/25/02/n43689771/ppl-corporation-reports-2024-earnings-results-updates-business-plan-and-extends-growth-targets-thr">growth of $2.211 billion</a>.
The company beat the consensus of $2.048 billion. Meanwhile, adjusted EPS was 34 cents and missed the <a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener">consensus of 37 cents</a>.
Electricity sales rose by 1% year over year (Y/Y), with the PA Regulated segment up 1.4% Y/Y and the KY Regulated segment increased by 0.6% Y/Y.
Operating income decreased to $377 million from $390 million in the prior year quarter. 
PPL&#8217;s&nbsp;net cash provided by operating activities in the&nbsp;year,&nbsp;totaled&nbsp;$2.34 billion, versus&nbsp;$1.758 billion&nbsp;a year ago.
PPL completed more than $3 billion in infrastructure investments, according to CEO Vincent Sorgi.
Dividend Boost: PPL disclosed a 6% increase in its quarterly common stock dividend, raising it from $0.2575 to $0.2725 per share.
The higher dividend will be payable on April 1, 2025, to shareholders of record as of March 10, 2025.
Outlook: PPL expects 2025 EPS of&nbsp;$1.75-$1.87&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">vs. consensus of $1.83</a>.
PPL extended its 6% to 8% annual EPS and dividend growth targets through at least 2028. Company brass expects EPS growth to be in the upper half of the range.
PPL also raised its planned infrastructure investments to $20 billion for the 2025–2028 period. That&#8217;s up from the previous $14.3 billion planned for 2024–2027.
These investments are expected to drive an average annual rate base growth of 9.8% through 2028, compared to 6.3% under the prior plan.
The company is targeting $4.3 billion in infrastructure investments for 2025.
PPL anticipates achieving cumulative annual O&amp;M efficiencies of at least $150 million in 2025, compared to its 2021 baseline.
This progress builds on the success of its 2023–2024 transformation initiatives and the implementation of scalable technologies across its operations.
Investors can gain exposure to the stock via&nbsp;Virtus Reaves Utilities ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UTES#NYSE">UTES</a>) and The Advisors Inner Circle Fund II Cullen Enhanced Equity Income ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIVP#NYSE">DIVP</a>).
Price Action: PPL shares are down 1.07% at $34.15 at the last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/43694460" target="_blank" rel="noreferrer noopener">Datadog&nbsp;Q4&nbsp;Earnings: Margins Shrink,&nbsp;Outlook&nbsp;Lags Expectations</a></li>
</ul>
Image: Shutterstock

Large Cap

Guidance

Movers

DIVP

UTES

PPL Misses EPS Estimates, Raises 3-Year Infrastructure Investment Plan To $20 Billion

PPL Expects 2025 EPS of $1.75-$1.87 Vs. $1.83 Est.

Dividends

PPL Announced An Approximately 6% Increase In Its Quarterly Common Stock Dividend, Raising The Dividend From $0.2575 Per Share To $0.2725 Per Share

PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) reported quarterly earnings of $0.34 per share which missed the analyst consensus estimate of $0.37 by 8.11 percent. This is a 15 percent decrease over earnings of $0.40 per share from the same period last year. The company reported quarterly sales of $2.211 billion which beat the analyst consensus estimate of $2.048 billion by 7.96 percent. This is a 8.86 percent increase over sales of $2.031 billion the same period last year.

Earnings Beats

Earnings Misses

PPL Q4 2024 Adj. EPS $0.34 Misses $0.37 Estimate, Sales $2.211B Beat $2.048B Estimate

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Hannon Armstrong Sustainable Infrastructure Capital

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Earnings Scheduled For February 13, 2025

Barclays analyst Nicholas Campanella maintains PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with a Equal-Weight and lowers the price target from $34 to $33.

Barclays Maintains Equal-Weight on PPL, Lowers Price Target to $33

PPL's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) short percent of float has risen 8.73% since its last report. The company recently reported that it has 16.04 million shares sold short, which is 2.49% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.21 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>PPL Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737388840_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for PPL has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing PPL's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, PPL's peer group average for short interest as a percentage of float is 2.20%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Looking Into PPL's Recent Short Interest

PPL Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) today announced the elimination of its Chief Operating Officer role effective April 4, at which time current EVP and COO Francis X. Sullivan will retire.
Also effective April 4, Sullivan's responsibilities will be assumed by David J. Bonenberger, who will become Executive Vice President and Chief Operating Officer-Utilities and Lonnie Bellar, who will become Executive Vice President of Engineering, Construction and Generation, with both executives reporting to PPL President and Chief Executive Officer Vincent Sorgi.

Management

PPL Corp. Announces Upcoming Retirement Of Executive Vice President And COO Fran Sullivan; Effective April 4, Sullivan's Responsibilities Will Be Assumed By David J. Bonenberger, Who Will Become Executive Vice President And Chief Operating Officer-Utilities

Jefferies analyst Paul Zimbardo maintains PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with a Buy and lowers the price target from $39 to $38.

Jefferies Maintains Buy on PPL, Lowers Price Target to $38

Citigroup analyst Ryan Levine maintains PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with a Neutral and raises the price target from $31 to $36.

Citigroup Maintains Neutral on PPL, Raises Price Target to $36

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>BMO Capital analyst James Thalacker initiated coverage on PPL Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with an Outperform rating and announced a price target of $36. PPL shares closed at $32.92 on Tuesday. <a href="https://www.benzinga.com/quote/PPL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Goldman Sachs analyst Gabriela Borges initiated coverage on Zeta Global Holdings Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NYSE">ZETA</a>) with a Neutral rating and announced a price target of $30. Zeta Global shares closed at $21.46 on Tuesday. <a href="https://www.benzinga.com/quote/zeta/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Roth MKM analyst Chip Moore initiated coverage on Powell Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) with a Buy rating and announced a price target of $312. Powell Industries shares closed at $249.81 on Tuesday. <a href="https://www.benzinga.com/quote/POWL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Citigroup initiated coverage on Monolithic Power Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>) with a Buy rating and announced a price target of $700. Monolithic Power Systems shares closed at $595.32 on Tuesday. <a href="https://www.benzinga.com/quote/MPWR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Deutsche Bank analyst Omotayo Okusanya initiated coverage on Realty Income Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) with a Hold rating and announced a price target of $62. Realty Income shares closed at $55.78 on Tuesday. <a href="https://www.benzinga.com/quote/O/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying MPWR stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="617" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/11081942/image-90-1024x617.png" alt="" class="wp-image-687364" style="width:667px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/11081942/image-90-1024x617.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/11081942/image-90-300x181.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/11081942/image-90-768x463.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/11081942/image-90.png 1092w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Initiation

Pre-Market Outlook

Markets

MPWR

POWL

ZETA

This Monolithic Power Systems Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesday

Comments

PPL

Notizie

PARTNER/COLLABORATORE

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