Allentown, Pennsylvania-based PPL Corporation (PPL) is a utility company that delivers electricity and natural gas to millions of customers through its regulated utility operations. Valued at a market cap of $26.8 billion, the company focuses on providing reliable, affordable, and sustainable energy while investing in grid modernization and cleaner energy initiatives to support the transition toward a low-carbon future.
Shares of this utility company have lagged behind the broader market over the past 52 weeks. PPL has gained 11.6% over this time frame, while the broader S&P 500 Index ($SPX) has soared 17.5%. Moreover, on a YTD basis, the stock is up 12.1%, compared to SPX’s 15.6% uptick.
