32,318 Shares in Alliant Energy Corporation $LNT Acquired by Dockside LLC

Dockside LLC acquired a new position in shares of Alliant Energy Corporation (NASDAQ:LNT) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 32,318 shares of the company’s stock, valued at approximately $2,101,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Merit Financial Group LLC lifted its position in Alliant Energy by 271.7% during the fourth quarter. Merit Financial Group LLC now owns 44,187 shares of the company’s stock worth $2,873,000 after buying an additional 32,300 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in Alliant Energy by 2.4% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,173,906 shares of the company’s stock worth $466,376,000 after acquiring an additional 167,581 shares during the last quarter. Vanguard Group Inc. increased its stake in Alliant Energy by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 33,785,294 shares of the company’s stock worth $2,196,382,000 after acquiring an additional 383,612 shares during the last quarter. Pictet Asset Management Holding SA increased its stake in Alliant Energy by 5.6% during the fourth quarter. Pictet Asset Management Holding SA now owns 4,067,962 shares of the company’s stock worth $264,458,000 after acquiring an additional 215,188 shares during the last quarter. Finally, Bahl & Gaynor Inc. grew its stake in shares of Alliant Energy by 12.3% in the third quarter. Bahl & Gaynor Inc. now owns 675,388 shares of the company’s stock valued at $45,528,000 after buying an additional 74,086 shares in the last quarter. Hedge funds and other institutional investors own 79.90% of the company’s stock.

Wall Street Analyst Weigh In

LNT has been the subject of a number of research reports. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $76.00 price objective on shares of Alliant Energy in a research note on Tuesday, April 21st. Mizuho set a $76.00 target price on Alliant Energy in a research note on Monday, May 4th. Royal Bank Of Canada initiated coverage on Alliant Energy in a research note on Wednesday, March 11th. They set an “outperform” rating and a $82.00 target price for the company. Scotiabank reissued a “sector perform” rating and set a $74.00 target price (up from $72.00) on shares of Alliant Energy in a research note on Monday, May 4th. Finally, BMO Capital Markets set a $81.00 target price on Alliant Energy in a research note on Monday, May 4th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $76.60.

Alliant Energy Stock Up 0.7%

Alliant Energy stock opened at $73.11 on Friday. Alliant Energy Corporation has a fifty-two week low of $59.62 and a fifty-two week high of $75.76. 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 company has a market capitalization of $18.88 billion, a P/E ratio of 22.92, a PEG ratio of 2.98 and a beta of 0.56. The stock has a 50-day simple moving average of $72.42 and a 200-day simple moving average of $69.62.

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

Alliant Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were given a dividend of $0.535 per share. The ex-dividend date was Thursday, April 30th. This represents a $2.14 annualized dividend and a yield of 2.9%. Alliant Energy’s payout ratio is presently 67.08%.

Alliant Energy Company 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.