Eurizon Capital SGR S.p.A. Purchases New Holdings in Alliant Energy Corporation $LNT

Eurizon Capital SGR S.p.A. purchased a new stake in Alliant Energy Corporation (NASDAQ:LNT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,401 shares of the company’s stock, valued at approximately $741,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LNT. Magellan Asset Management Ltd boosted its holdings in Alliant Energy by 802.8% in the third quarter. Magellan Asset Management Ltd now owns 1,553,695 shares of the company’s stock valued at $104,735,000 after purchasing an additional 1,381,593 shares during the last quarter. Balyasny Asset Management L.P. purchased a new position in Alliant Energy in the second quarter valued at about $82,265,000. Jennison Associates LLC boosted its holdings in Alliant Energy by 92.5% in the fourth quarter. Jennison Associates LLC now owns 1,805,214 shares of the company’s stock valued at $117,357,000 after purchasing an additional 867,256 shares during the last quarter. Reaves W H & Co. Inc. boosted its holdings in Alliant Energy by 54.3% in the third quarter. Reaves W H & Co. Inc. now owns 1,779,087 shares of the company’s stock valued at $119,928,000 after purchasing an additional 626,410 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in Alliant Energy by 98.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,084,562 shares of the company’s stock valued at $69,792,000 after purchasing an additional 538,603 shares during the last quarter. Hedge funds and other institutional investors own 79.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on LNT. Mizuho set a $76.00 price target on Alliant Energy in a report on Monday, May 4th. BMO Capital Markets set a $81.00 price objective on Alliant Energy in a research note on Monday, May 4th. Barclays set a $74.00 price objective on Alliant Energy and gave the company an “equal weight” rating in a research note on Wednesday, April 15th. Wall Street Zen upgraded Alliant Energy from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $76.00 price objective on shares of Alliant Energy in a research note on Tuesday, April 21st. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Alliant Energy presently has an average rating of “Moderate Buy” and a consensus price target of $76.60.

Alliant Energy Trading Down 0.2%

Shares of NASDAQ LNT opened at $70.79 on Thursday. The stock’s 50 day moving average price is $72.18 and its two-hundred day moving average price is $69.40. Alliant Energy Corporation has a 52-week low of $59.62 and a 52-week high of $75.76. The stock has a market capitalization of $18.28 billion, a P/E ratio of 22.19, a PEG ratio of 2.89 and a beta of 0.56. The company has a quick ratio of 0.53, a current ratio of 0.69 and a debt-to-equity ratio of 1.48.

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

Alliant Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Thursday, April 30th were issued a $0.535 dividend. The ex-dividend date of this dividend was Thursday, April 30th. This represents a $2.14 annualized dividend and a dividend yield of 3.0%. Alliant Energy’s dividend payout ratio (DPR) is 67.08%.

About Alliant Energy

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.