$PPL

RBC Capital initiated coverage on PPL Corp (NYSE:PPL) with a Sector Perform rating and a $35.00 price target. The utility company trades at a 3-4% discount to peers, with a P/E ratio of 20 and a PEG ratio of 0.75. PPL reported Q2 2026 EPS of $0.33, meeting expectations, and reaffirmed its 2026 EPS guidance of $1.90-$1.98. The Kentucky Public Service Commission approved rate increases for PPL subsidiaries, adding $7 million in annual revenue. Analysts Jefferies and BMO adjusted their price target

PPL Electric Utilities proposed a Customer Protection Transmission Rider (CPTR) to the Pennsylvania Public Utility Commission, aiming to make transmission costs more transparent and assign certain costs to large energy users. The proposal replaces the current Transmission Service Charge and builds on the company's existing Customer Protection Framework. If approved, the CPTR would take effect in Q1 2028, benefiting all customers by increasing transparency and accountability.

PPL expects electricity demand in its service area to rise over 20% annually for the next five years, driven by industrial growth, including new data centers. The company serves 1.5 million customers across 29 counties, with industrial use projected to grow 51% annually, according to the Pennsylvania Public Utility Commission.

Rhode Island Energy, owned by PPL Corporation, received approval for utility rate hikes but with reduced revenue increases and credits to offset costs. Electric and gas distribution rates will rise, but credits will ease the impact. Supply charges will also increase, but credits from state funds will offset some of the hike. The company also agreed to new discount programs and policy changes, including a phaseout of natural gas hookup subsidies.

PPL Corp. (NYSE:PPL) reported Q2 earnings up 26% to $0.30 per share, with ongoing operations earnings at $0.33 per share. The company reaffirmed its full-year guidance of $1.90-$1.98 per share and 6-8% annual growth through 2029. PPL sees $10B-$12B in generation investment opportunities by 2032, driven by data center growth in Pennsylvania and Kentucky. However, core earnings grew only 3%, and debt increased to $19.79B.

Data center electricity requests in the U.S. Midwest, Mid-Atlantic, and South exceed 700 gigawatts, but many may be speculative. Texas and other states are investigating and imposing stricter rules. Utilities like Exelon and AEP Ohio have reduced demand forecasts after implementing financial safeguards. The uncertainty poses risks to grid stability and costs, with PJM Interconnection seeing a $29.4 billion increase in capacity costs. Governors Abbott (Texas) and Shapiro (Pennsylvania) have issue

PPL Corporation reported a 17% year-over-year increase in operating income to $475 million in Q2 2026, driving a 20% rise in EPS. The company expects 6-8% annual EPS growth through 2029, supported by data-center demand and rate-case settlements. PPL plans $5.1 billion in investments for 2026, aiming for 10.3% average annual rate-base growth. Its debt-to-capital ratio is 57.46%, below the industry average. Shares fell 3.1% in the past month.

PPL Corporation's stock has declined 11% in six months, underperforming its industry and sector. The company reported a negative earnings surprise due to higher operating expenses and faces transmission market competition. However, PPL benefits from growing data center demand and plans $23B in infrastructure investments through 2029. It expects 2026 earnings of $1.90-$1.98 per share, with estimated growth of 7.18% and 8.32% for 2026 and 2027, respectively. PPL's long-term debt to capital is 56.8

PPL Corporation (NYSE: PPL) announced a quarterly dividend of $0.2850 per share, payable on October 1, 2026, to shareholders of record on September 10, 2026. The company is a U.S. energy provider serving 3.6 million customers.

Pennsylvania will expedite permitting for data centers that commit to new power supplies, including clean energy, under an executive order by Gov. Shapiro. Projects must meet power, environmental, and cost-responsibility requirements. Jefferies analysts note this could impact power producers like Talen Energy, Vistra, and PSEG Power. Utilities PPL and FirstEnergy have significant data center load agreements, potentially affected by the order.