PPL Corp (NYSE: PPL) is 5.95% higher on its value in year-to-date trading and has touched a low of $25.87 and a high of $35.15 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PPL stock was last observed hovering at around $34.20 in the last trading session, with the day’s gains setting it 0.19%.
Currently trading at $34.39, the stock is 2.04% and 4.30% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.75 million and changing 0.56% at the moment leaves the stock 9.67% off its SMA200. PPL registered 29.97% gain for a year compared to 6-month gain of 10.33%.
The stock witnessed a 3.43% loss in the last 1 month and extending the period to 3 months gives it a 3.55%, and is -0.38% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.44% over the week and 1.91% over the month.
PPL Corp (PPL) has around 6653 employees, a market worth around $25.39B and $8.46B in sales. Current P/E ratio is 28.71 and Fwd P/E is 17.57. Profit margin for the company is 10.47%. Distance from 52-week low is 32.93% and -2.15% from its 52-week high. The company has generated returns on investments over the last 12 months (2.95%).
with sales reaching $2.25B over the same period.The EPS is expected to grow by 7.74% this year, but quarterly earnings will post 3.53% year-over-year. Quarterly sales are estimated to shrink -2.30% in year-over-year returns.
The shares outstanding are 738.03M, and float is at 737.27M with Short Float at 2.48%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 93.25 million shares valued at $2.58 billion. The investor’s holdings represent 12.6435 of the PPL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 58.69 million shares valued at $1.62 billion to account for 7.9582 of the shares outstanding. The other top investors are STATE STREET CORP which holds 34.74 million shares representing 4.7102 and valued at over $969.36 million, while WELLINGTON MANAGEMENT GROUP LLP holds 4.4798 of the shares totaling 33.04 million with a market value of $913.54 million.
PPL Corp (PPL) Insider Activity
The most recent transaction is an insider sale by Bonenberger David J, the company’s SVP & COO-Utilities of PPL Sub. SEC filings show that Bonenberger David J sold 4,523 shares of the company’s common stock on Feb 18 ’25 at a price of $33.86 per share for a total of $0.15 million. Following the sale, the insider now owns 45414.0 shares.
PPL Corp disclosed in a document filed with the SEC on Feb 18 ’25 that Henninger Tadd J (SVP-Finance and Treasurer) sold a total of 2,248 shares of the company’s common stock. The trade occurred on Feb 18 ’25 and was made at $33.86 per share for $76117.0. Following the transaction, the insider now directly holds 11259.0 shares of the PPL stock.
Still, SEC filings show that on Feb 18 ’25, Henninger Tadd J (Officer) Proposed Sale 2,248 shares at an average price of $33.86 for $76117.0. The insider now directly holds shares of PPL Corp (PPL).
