PPL Corporation, which trades under the ticker
PPL, recently filed
SEC Form 8-K to disclose various financial statements and exhibits, also commenced its 2025 Annual Meeting virtually. Noted as underperforming against the S&P 500, the company's stake was boosted by
Dynasty Wealth Management, gaining an 80-plus RS rating, indicating its recovering financial health. PPL's
LG&E and KU proposed significant investment plans for Kentucky's energy future and submitted an application to the Kentucky Public Service Commission. PPL announced an At-the-Market Program to sell up to
$2 billion of common shares. Interestingly, PPL's stock soared to a
52-week high achieving $35.15. They announced their 2024 earnings results and updated their business plan with growth targets extended through 2028. However, Q4 did not meet expectations, although revenues increased YoY. Leadership changes are expected after the retirement of the current COO. PPL has also sold its Allentown office tower. Despite mixed bag of events, financial groups such as
Allianz Asset Management,
Fisher Funds Management, among others, have increased their stakes in PPL.
Ppl Corporation PPL News Analytics from Thu, 18 Apr 2024 07:00:00 GMT to Sat, 01 Mar 2025 12:32:18 GMT -
Rating -3
- Innovation 5
- Information 8
- Rumor 3
