Alliant Energy Corporation $LNT Holdings Raised by Energy Income Partners LLC

Energy Income Partners LLC increased its stake in Alliant Energy Corporation (NASDAQ:LNT) by 0.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 809,556 shares of the company’s stock after purchasing an additional 7,304 shares during the quarter. Energy Income Partners LLC’s holdings in Alliant Energy were worth $58,094,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LNT. Measured Wealth Private Client Group LLC acquired a new position in Alliant Energy during the 3rd quarter valued at about $27,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Alliant Energy by 235.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 634 shares of the company’s stock worth $41,000 after acquiring an additional 445 shares during the period. MUFG Securities EMEA plc acquired a new stake in shares of Alliant Energy in the 2nd quarter worth approximately $46,000. Fideuram Asset Management Ireland dac bought a new position in shares of Alliant Energy in the fourth quarter valued at approximately $51,000. Finally, Quantbot Technologies LP bought a new position in shares of Alliant Energy in the third quarter valued at approximately $54,000. Institutional investors own 79.90% of the company’s stock.

Analyst Upgrades and Downgrades

LNT has been the subject of a number of research analyst reports. BMO Capital Markets cut their target price on Alliant Energy from $83.00 to $80.00 and set an “outperform” rating for the company in a research report on Wednesday, July 22nd. Wells Fargo & Company reiterated an “overweight” rating and set a $76.00 price target on shares of Alliant Energy in a research report on Tuesday, April 21st. Weiss Ratings raised Alliant Energy from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday, July 7th. Barclays set a $74.00 price objective on Alliant Energy and gave the company an “equal weight” rating in a report on Wednesday, April 15th. Finally, Wall Street Zen cut Alliant Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday, July 18th. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Alliant Energy has a consensus rating of “Moderate Buy” and a consensus target price of $77.09.

Alliant Energy Trading Down 1.3%

Shares of NASDAQ:LNT opened at $73.93 on Tuesday. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.53 and a current ratio of 0.69. The stock has a market capitalization of $19.09 billion, a price-to-earnings ratio of 23.18, a PEG ratio of 2.78 and a beta of 0.55. Alliant Energy Corporation has a 1-year low of $63.28 and a 1-year high of $78.81. The company has a 50 day moving average price of $74.19 and a 200 day moving average price of $71.67.

Alliant Energy (NASDAQ:LNT) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.82 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.82. Alliant Energy had a return on equity of 11.37% and a net margin of 18.58%.The company had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the prior year, the company earned $0.83 earnings per share. The firm’s revenue was up 5.0% on a year-over-year basis. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. On average, research analysts anticipate that Alliant Energy Corporation will post 3.43 EPS for the current fiscal year.

Alliant Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 31st will be issued a dividend of $0.535 per share. This represents a $2.14 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, July 31st. Alliant Energy’s dividend payout ratio is currently 67.08%.

Alliant Energy Profile

Alliant Energy Corporation (NASDAQ: LNT) is a publicly traded energy holding company headquartered in Madison, Wisconsin, that provides regulated electric and natural gas utility services in the American Midwest. The company serves customers primarily in Wisconsin and Iowa through its regulated utility subsidiaries and operates as an integrated provider responsible for generation, transmission and distribution of energy to residential, commercial and industrial customers.

Alliant Energy’s core activities include operating and maintaining electric generation assets, managing the regional transmission and distribution network, and delivering natural gas service to its franchise territories.