Landscape Capital Management L.L.C. Decreases Stock Position in Alliant Energy Corporation $LNT

Landscape Capital Management L.L.C. cut its holdings in Alliant Energy Corporation (NASDAQ:LNT) by 16.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,892 shares of the company’s stock after selling 8,469 shares during the period. Landscape Capital Management L.L.C.’s holdings in Alliant Energy were worth $2,788,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Merit Financial Group LLC raised its stake in Alliant Energy by 271.7% in the 4th quarter. Merit Financial Group LLC now owns 44,187 shares of the company’s stock valued at $2,873,000 after purchasing an additional 32,300 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in Alliant Energy by 2.4% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,173,906 shares of the company’s stock valued at $466,376,000 after purchasing an additional 167,581 shares during the last quarter. Pictet Asset Management Holding SA raised its stake in Alliant Energy by 5.6% in the 4th quarter. Pictet Asset Management Holding SA now owns 4,067,962 shares of the company’s stock valued at $264,458,000 after purchasing an additional 215,188 shares during the last quarter. Vanguard Group Inc. raised its stake in Alliant Energy by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 33,785,294 shares of the company’s stock valued at $2,196,382,000 after purchasing an additional 383,612 shares during the last quarter. Finally, Bahl & Gaynor Inc. raised its stake in Alliant Energy by 12.3% in the 3rd quarter. Bahl & Gaynor Inc. now owns 675,388 shares of the company’s stock valued at $45,528,000 after purchasing an additional 74,086 shares during the last quarter. 79.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

LNT has been the subject of several analyst reports. Royal Bank Of Canada initiated coverage on shares of Alliant Energy in a research note on Wednesday, March 11th. They issued an “outperform” rating and a $82.00 target price for the company. Wells Fargo & Company reissued an “overweight” rating and issued a $76.00 target price on shares of Alliant Energy in a research note on Tuesday, April 21st. Mizuho set a $76.00 target price on shares of Alliant Energy in a research note on Monday, May 4th. Wall Street Zen raised shares of Alliant Energy from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, Barclays set a $74.00 target price on shares of Alliant Energy and gave the company an “equal weight” rating in a research note on Wednesday, April 15th. Nine equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Alliant Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $76.60.

Alliant Energy Price Performance

LNT opened at $73.11 on Monday. The firm has a 50 day moving average price of $72.42 and a 200 day moving average price of $69.62. The company has a market cap of $18.88 billion, a PE ratio of 22.92, a price-to-earnings-growth ratio of 2.98 and a beta of 0.56. Alliant Energy Corporation has a 1 year low of $59.62 and a 1 year 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.

Alliant Energy (NASDAQ:LNT) last posted its earnings results on Thursday, April 30th. The company reported $0.82 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates 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 net margin of 18.58% and a return on equity of 11.37%. The company’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.83 EPS. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Sell-side analysts expect that Alliant Energy Corporation will post 3.43 earnings per share for the current year.

Alliant Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Thursday, April 30th were given a dividend of $0.535 per share. 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 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.