Q2 EPS Estimates for Alliant Energy Cut by Zacks Research

Alliant Energy Corporation (NASDAQ:LNT) – Equities research analysts at Zacks Research cut their Q2 2028 earnings per share (EPS) estimates for Alliant Energy in a research report issued to clients and investors on Wednesday, September 9th. Zacks Research analyst Team now forecasts that the company will earn $0.88 per share for the quarter, down from their prior estimate of $0.89. The consensus estimate for Alliant Energy’s current full-year earnings is $3.43 per share.

A number of other research firms have also weighed in on LNT. Jefferies Financial Group reiterated a “buy” rating and set a $80.00 target price on shares of Alliant Energy in a report on Thursday, August 27th. BMO Capital Markets lowered their price target on Alliant Energy from $80.00 to $78.00 and set an “outperform” rating for the company in a research report on Monday, August 3rd. Weiss Ratings lowered Alliant Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, July 28th. Mizuho reduced their target price on Alliant Energy from $76.00 to $75.00 and set a “neutral” rating on the stock in a research note on Monday, August 3rd. Finally, TD Cowen started coverage on Alliant Energy in a research note on Tuesday, July 7th. They issued a “hold” rating and a $83.00 price target for the company. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $77.00.

Alliant Energy Price Performance

LNT stock opened at $67.86 on Thursday. The firm’s 50-day moving average price is $71.63 and its two-hundred day moving average price is $72.14. Alliant Energy has a 12-month low of $63.28 and a 12-month high of $78.81. The stock has a market capitalization of $17.60 billion, a price-to-earnings ratio of 21.47, a PEG ratio of 2.89 and a beta of 0.54. The company has a current ratio of 0.47, a quick ratio of 0.35 and a debt-to-equity ratio of 1.41.

Alliant Energy (NASDAQ:LNT) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. The company had revenue of $971.00 million during the quarter, compared to analyst estimates of $896.94 million. Alliant Energy had a net margin of 18.45% and a return on equity of 11.16%. The firm’s revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.68 EPS. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS.

Alliant Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 31st were given a $0.535 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a $2.14 annualized dividend and a dividend yield of 3.2%. Alliant Energy’s dividend payout ratio is currently 67.72%.

Institutional Investors Weigh In On Alliant Energy

Hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC lifted its position in Alliant Energy by 103.8% during the first quarter. AQR Capital Management LLC now owns 66,701 shares of the company’s stock valued at $4,292,000 after buying an additional 33,978 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Alliant Energy by 98.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,084,562 shares of the company’s stock worth $69,792,000 after acquiring an additional 538,603 shares in the last quarter. Empowered Funds LLC increased its stake in shares of Alliant Energy by 18.8% in the 1st quarter. Empowered Funds LLC now owns 6,166 shares of the company’s stock worth $397,000 after acquiring an additional 974 shares in the last quarter. Woodline Partners LP lifted its position in Alliant Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 21,679 shares of the company’s stock valued at $1,395,000 after acquiring an additional 6,269 shares during the period. Finally, Geneos Wealth Management Inc. boosted its stake in Alliant Energy by 23.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,256 shares of the company’s stock worth $81,000 after acquiring an additional 239 shares in the last quarter. 79.90% of the stock is currently owned by institutional investors.

About Alliant Energy

Alliant Energy Corporation is a regulated utility holding company that provides electricity and natural gas services through its operating subsidiaries, Interstate Power and Light Company and Wisconsin Power and Light Company.

The company generates and distributes electricity to residential, commercial, and industrial customers, and provides natural gas distribution services. Its energy portfolio includes a growing mix of renewable generation, along with traditional power-generation resources and transmission and distribution infrastructure.

Alliant Energy primarily serves customers in Wisconsin and Iowa.