Amcor stock falls after Raymond James reiterates Market Perform rating
PPL Corp’s stock reached a new 52-week high, closing at 37.01 USD. According to InvestingPro data, the utility company, with a market capitalization of $27.25 billion, has demonstrated remarkable stability with historically low price volatility. This milestone marks a significant achievement for the company, reflecting a strong performance over the past year. The stock has delivered a 23.2% total return over the last twelve months and maintains an impressive 2.95% dividend yield, having sustained dividend payments for 55 consecutive years. Trading above InvestingPro’s Fair Value, the stock currently commands a P/E ratio of 27.45, suggesting premium pricing relative to earnings. This upward trend highlights PPL Corp’s resilience and ability to navigate market challenges while delivering value to its shareholders. For deeper insights into PPL’s valuation and growth prospects, including 8 additional key ProTips, explore the comprehensive research report available on InvestingPro.
In other recent news, PPL Corporation reported its financial results for the second quarter of 2025. The company disclosed earnings per share (EPS) of $0.32, which did not meet the analysts’ forecast of $0.38, resulting in a 15.79% negative surprise. However, PPL Corporation’s revenue exceeded expectations, reaching $2.03 billion compared to the projected $1.99 billion, marking a 2.01% positive variance. Additionally, PPL Corporation announced it had entered into forward contracts to sell approximately 27.4 million shares of its common stock. The blended initial forward price is set at about $35.90 per share, with expected net proceeds of approximately $984 million before adjustments. These forward contracts were executed through the company’s at-the-market equity distribution program. The settlements for these contracts are scheduled for completion by December 30, 2026, and August 11, 2027. These developments reflect PPL Corporation’s ongoing strategic financial maneuvers and market performance.
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