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PPL Electric Utilities today joined U.S. Department of Energy Secretary Chris Wright, elected officials, project stakeholders and community leaders to announce that the company has been selected to receive up to $71.5 million in federal funding from the U.S. Department of Energy to support the Montour Grid Resilience and Advanced Reconductoring Project, a major modernization of an existing 230-kilovolt transmission corridor. The funding is being made available through the DOE's Speed to Power th
PPL's Fair Value price target has shifted from US$41.20 to US$40.33, a reduction of about 2.1% that may catch the eye of investors tracking valuation updates. This move sits against mixed analyst commentary, with some research pointing to upside tied to regulated growth and large load themes, while others focus on policy and demand risks that can cap how high targets go. As you read on, you will see how these changing assumptions feed into the evolving PPL story and what to watch next in the...
PPL Corporation is trailing the broader market, but analysts remain optimistic about its long-term prospects.
PPL Electric Utilities today filed a proposal with the Pennsylvania Public Utility Commission that would make transmission costs more transparent for customers and create a new way to directly assign certain transmission-related costs associated with large energy users to those customers.
This article first appeared on GuruFocus. PPL Corp (NYSE:PPL) recently announced a total dividend of $0.29 per share, with the ex-dividend date set for 2026-09-10. This amount reflects a $0.29 per share cash dividend payable on 2026-10-01.
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