PPL Corporation, a major player in the utilities sector, has seen a mixture of investment activity and strategic developments. Pension funds, investment advisories, and asset management firms have adjusted their stakes in PPL, with some reducing and others increasing their holdings, indicating mixed sentiment in the market. PPL's first quarter 2025 performance beat market expectations and
posted 11% growth compared to the previous year. The company's executives have expressed
strong confidence in the firm's growth prospects through 2028. However, Wall Street's sentiment towards the stock is divided, as reflected in Morgan Stanley's decision to lower the price target from $38 to $37. PPL has also announced a major change in its executive lineup, with the
retirement of its Executive Vice President and COO, Fran Sullivan. The company was involved in a
lawsuit over its Target Date Funds, which it managed to settle for $8.2 million. Moreover, it has noted increased Capex due to surging power demand and is potentially undervalued according to some analysts. Despite facing the challenges of rising costs and interest rates, its
dividend yield remains attractive to investors.
Ppl Corporation PPL News Analytics from Fri, 01 Nov 2024 13:09:13 GMT to Sat, 28 Jun 2025 18:15:21 GMT -
Rating 5
- Innovation 4
- Information 7
- Rumor -3
