PPL Corporation’s Stock Price Soars to $35.71, Marking a Robust Increase of +2.09%

PPL Corporation (PPL)

35.71 USD +0.73 (+2.09%) Volume: 10.03M

PPL Corporation’s stock price climbs to 35.71 USD, registering a positive trading session with a 2.09% increase and a significant trading volume of 10.03M. Boosted by a year-to-date percentage change of +10.01%, PPL’s strong performance underlines its growing market potential.

Latest developments on PPL Corporation

Today, PPL Corp’s stock price reached a 52-week high of $35.91, soaring amidst key events leading up to this significant movement. Corebridge Financial Inc. recently purchased 86,227 shares of PPL Co. (NYSE:PPL), indicating a growing interest in the company. Additionally, Zions Bancorporation N.A. disclosed holdings of $4.31 million in PPL Co., further boosting investor confidence. TD Private Client Wealth LLC also increased their position in PPL Co., contributing to the positive momentum. Aviso Wealth Management’s acquisition of 7,896 shares of PPL Co. further solidifies the company’s position in the market, leading to the rise in stock price today.

PPL Corporation on Smartkarma

Analysts at Baptista Research on Smartkarma have been bullish on Ppl Corp, highlighting the company’s focus on a dividend growth strategy for sustainable business growth. In their research reports, they discussed PPL Corporation’s recent financial results for the fourth quarter and full year of 2024. Despite mild weather affecting earnings, the company reported an improvement in ongoing earnings per share (EPS) compared to the previous year, aligning with initial guidance.

Furthermore, Baptista Research analysts also pointed out PPL Corporation’s successful integration of Rhode Island energy and other major drivers in their coverage. They noted a mixed performance in the company’s third-quarter 2024 financial results, with GAAP earnings slightly down from the previous year. Adjusted for special items, earnings from ongoing operations showed a decrease compared to the same quarter in 2023. Overall, the analysts remain optimistic about Ppl Corp‘s strategic planning and operational initiatives for future growth.

A look at PPL Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at the Smartkarma Smart Scores for Ppl Corp, the company seems to have a positive long-term outlook. With high scores in Growth and Resilience, Ppl Corp appears to be well-positioned for future success. The company’s focus on value and dividends, coupled with strong momentum, further solidifies its standing in the market. As an energy and utility holding company, Ppl Corp‘s diverse operations in electricity generation and energy marketing give it a competitive edge in the industry.

Ppl Corp‘s Smartkarma Smart Scores reflect a company that is on a path towards continued growth and stability. With a strong emphasis on value, dividends, and resilience, Ppl Corp is well-equipped to weather any market fluctuations. The company’s momentum score indicates a positive trajectory for future performance. As Ppl Corp continues to expand its presence in the energy sector, its strategic positioning in key regions like the northeastern and western United States will likely drive further success in the coming years.

### PPL Corporation is an energy and utility holding company. The Company, through its subsidiaries, generates electricity from power plants in the northeastern and western United States, and markets wholesale and retail energy primarily in the northeastern and western portions of the United States, and delivers electricity in Pennsylvania and the United Kingdom. ###

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