PPL Corporation has been a focus for a host of investors and institutions recently.
Icon Wealth Advisors LLC bought 16,069 shares, but
Citigroup Inc. sold 69,851 shares, while
Dai ichi Life Insurance Company Ltd and
Daiwa Securities Group Inc. further divested from PPL. Despite these sell-offs, the company stock hit a 52-week high at $35.03, indicative of strong yearly growth and an effective financial performance. On the other hand, the stock underperformed on some days compared to its competitors, showing potential vulnerabilities.
URI and Rhode Island Energy, a PPL company, formed a partnership to research renewable energy and sustainability. The company reported strong Q3 2024 earnings and forecasted strong growth at the EEI Financial Conference. However, a PPL executive sold shares worth $314,680, potentially causing concern. The company announced a
$0.2575 quarterly dividend, payable in January 2025. Additionally, PPL finalized an award for up to $72 million in federal funding for clean energy demonstrations from the
U.S. Department of Energy's Office of Clean Energy Demonstrations. Finally,
PPL Corporation appointed
Dean A. Del Vecchio to a new Chief Technology and Innovation Officer Role, highlighting the company's focus on innovation and future development.
Ppl Corporation PPL News Analytics from Wed, 14 Feb 2024 08:00:00 GMT to Sat, 30 Nov 2024 11:31:07 GMT -
Rating 6
- Innovation 5
- Information 8
- Rumor -3
