Janus Henderson Group PLC Buys 223,793 Shares of Alliant Energy Corporation $LNT

Janus Henderson Group PLC raised its stake in Alliant Energy Corporation (NASDAQ:LNT) by 2.1% in the 4th quarter, HoldingsChannel reports. The firm owned 11,134,938 shares of the company’s stock after acquiring an additional 223,793 shares during the quarter. Janus Henderson Group PLC’s holdings in Alliant Energy were worth $723,882,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LNT. AQR Capital Management LLC increased its stake in Alliant Energy by 103.8% in the first quarter. AQR Capital Management LLC now owns 66,701 shares of the company’s stock valued at $4,292,000 after purchasing an additional 33,978 shares in the last quarter. Goldman Sachs Group Inc. increased its stake 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 in the last quarter. Empowered Funds LLC increased its stake in Alliant Energy by 18.8% in the first quarter. Empowered Funds LLC now owns 6,166 shares of the company’s stock valued at $397,000 after purchasing an additional 974 shares in the last quarter. Woodline Partners LP increased its holdings in shares of Alliant Energy by 40.7% during the first 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 in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Alliant Energy by 23.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,256 shares of the company’s stock valued at $81,000 after acquiring an additional 239 shares in the last quarter. 79.90% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on LNT. Royal Bank Of Canada began coverage on Alliant Energy in a report on Wednesday, March 11th. They set an “outperform” rating and a $82.00 price objective for the company. Scotiabank restated a “sector perform” rating and set a $74.00 price objective (up from $72.00) on shares of Alliant Energy in a report on Monday, May 4th. Wells Fargo & Company restated an “overweight” rating and set a $76.00 price objective on shares of Alliant Energy in a report on Tuesday, April 21st. 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 upgraded Alliant Energy from a “strong sell” rating to a “sell” rating in a report on Saturday, May 9th. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $76.60.

Alliant Energy Trading Down 1.4%

NASDAQ:LNT opened at $72.82 on Thursday. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.69 and a quick ratio of 0.53. The firm has a 50-day moving average of $72.46 and a 200-day moving average of $69.72. The company has a market cap of $18.81 billion, a PE ratio of 22.83, a PEG ratio of 3.01 and a beta of 0.56. Alliant Energy Corporation has a one year low of $59.82 and a one year high of $75.76.

Alliant Energy (NASDAQ:LNT) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.82 EPS for the quarter, meeting analysts’ consensus estimates of $0.82. The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.08 billion. Alliant Energy had a return on equity of 11.37% and a net margin of 18.58%.Alliant Energy’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.83 EPS. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. As a group, equities research analysts expect that Alliant Energy Corporation will post 3.43 EPS 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 given a $0.535 dividend. This represents a $2.14 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Thursday, April 30th. Alliant Energy’s dividend 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.