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PPL Corp stock reached a new 52-week high of 37.82 USD, marking a significant milestone for the energy company. With a market capitalization of $27.92 billion and an impressive year-to-date return of 18.11%, PPL has demonstrated strong momentum. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value. This achievement reflects a 16.76% increase over the past year, showcasing the stock’s upward trajectory and investor confidence. The stock’s performance has been characterized by low volatility (Beta: 0.67) and consistent dividend payments for 55 consecutive years, currently yielding 2.91%. The stock’s performance over the last year has been bolstered by strong financial results, including 6.62% revenue growth, and strategic initiatives aimed at enhancing operational efficiency and expanding its customer base. As PPL Corp continues to navigate the evolving energy landscape, its recent stock performance underscores the company’s resilience and growth potential. Discover more detailed insights and 6 additional key ProTips with InvestingPro.
In other recent news, PPL Corporation has announced a quarterly dividend of $0.2725 per share, payable on October 1, 2025, to shareholders of record as of September 10, 2025. Additionally, PPL’s subsidiaries, Louisville Gas and Electric Company and Kentucky Utilities Company, have each issued $700 million in First Mortgage Bonds due 2055, with an interest rate of 5.850%. These bonds are secured by liens on substantial real and tangible personal property in Kentucky. Evercore ISI has initiated coverage of PPL Corp with an Outperform rating and a price target of $43.00, highlighting the company’s role in the energy infrastructure build-out within the PJM Interconnection region. BMO Capital has also reiterated its Outperform rating, maintaining a $40.00 price target after meetings with PPL’s leadership, citing positive long-term opportunities. These developments reflect recent strategic financial actions and analyst perspectives on PPL Corporation.
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