The past week saw a flurry of activity surrounding PPL Corporation (PPL). Notably, share prices saw a rise on Friday, with the company stocks reportedly outperforming Nasdaq. Vanguard Group Inc. and WINTON GROUP Ltd made significant acquisitions of PPL shares. Additionally, a new stake was bought by UniSuper Management Pty Ltd.
PPL Corporation announced upcoming leadership changes with the retirement of its Executive Vice President and COO, Fran Sullivan, and revealed plans for their 2025 virtual annual meeting.
The company updated their business plan and extended their growth targets through 2028, after announcing their third quarter 2024 earnings and a settlement of an $8.2M participant lawsuit over TDFs. PPL stock soared to a 52-week high of $35.83 amidst strong growth as some suggest it's time to consider buying PPL stocks.
Furthermore, PPL announced a partnership with URI and Rhode Island Energy to undertake research on renewable energy and sustainability. More than 79% of institutional ownership suggest PPL is a favorite among big investors.
Lastly, PPL received a mixed outlook during their earnings call and announced an increase in dividends.
Ppl Corporation PPL News Analytics from Mon, 03 Jun 2024 07:00:00 GMT to Sat, 29 Mar 2025 18:33:28 GMT - Rating 7 - Innovation 7 - Rumor 8
