Soroban Capital Partners Reduces $42M in PPL Corporation ($PPL)

Key Points

  • Soroban Capital Partners changed its PPL Corporation ($PPL) stake by 100.0% last quarter, cutting to 0 shares.
  • Wall Street's consensus rating on $PPL is Buy and an average price target of $41.20.
  • $PPL last traded around $35.46.

Soroban Capital Partners reduced its position in PPL Corporation ($PPL), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 0 shares of PPL Corporation after selling 1,188,847 shares during the quarter.

PPL Corporation ($PPL) Stock

Last price$35.46
Market cap$26.97B
P/E ratio21.99
Forward P/E16.94
PEG ratio1.39
Beta0.60
52-week low$33.17
52-week high$40.11
50-day MA$37.06
200-day MA$36.59
Current ratio1.00
Quick ratio0.71
Debt-to-equity1.35

PPL Corporation Earnings

EPS (ttm)$1.63
Revenue (ttm)$9.31B
Revenue growth10.8%
Net margin13.1%
Return on equity8.3%
Next earningsJul 30, 2026

PPL Corporation Dividend

Annual dividend$1.14
Dividend yield318.00%
Payout ratio67.6%
Ex-dividend dateJun 10, 2026

Analysts Set New Price Targets

ConsensusBuy
Average target$41.20
High target$48.00
Low target$36.00
Analysts covering15

About PPL Corporation

PPL Corporation provides electricity and natural gas to approximately 3.6 million customers in the United States. It operates in three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The company engages in the transmission and distribution of electricity in eastern and central Pennsylvania; generation, transmission, distribution, and sale of electricity in Kentucky, Virginia, and Rhode Island; distribution and sale of natural gas in Kentucky and Rhode Island; sale of wholesale electricity in Kentucky; and generation of electricity from power plants in Kentucky. It generates electricity from coal, gas, hydro, and solar sources. The company was formerly known as PP&L Resources, Inc. and changed its name to PPL Corporation in 2000. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

ExchangeNYSE
SectorUtilities
IndustryUtilities - Regulated Electric
HeadquartersAllentown, PA
CEOMr. Vincent Sorgi CPA
Employees6,546

See Also

This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.