Atom Investors LP Buys Shares of 84,997 Alliant Energy Corporation $LNT

Atom Investors LP bought a new stake in Alliant Energy Corporation (NASDAQ:LNT) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 84,997 shares of the company’s stock, valued at approximately $5,526,000.

Other hedge funds have also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC bought a new position in Alliant Energy in the 3rd quarter valued at about $27,000. MRP Capital Investments LLC bought a new position in Alliant Energy in the 3rd quarter valued at about $35,000. Caitong International Asset Management Co. Ltd increased its holdings in Alliant Energy by 235.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 634 shares of the company’s stock valued at $41,000 after buying an additional 445 shares during the period. MUFG Securities EMEA plc bought a new position in Alliant Energy in the 2nd quarter valued at about $46,000. Finally, Fideuram Asset Management Ireland dac bought a new position in Alliant Energy in the 4th quarter valued at about $51,000. 79.90% of the stock is owned by institutional investors.

Alliant Energy Stock Up 0.4%

NASDAQ:LNT opened at $73.84 on Wednesday. The firm’s 50 day simple moving average is $72.45 and its 200 day simple moving average is $69.69. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.69 and a quick ratio of 0.53. Alliant Energy Corporation has a one year low of $59.62 and a one year high of $75.76. The company has a market cap of $19.07 billion, a PE ratio of 23.15, a P/E/G ratio of 3.00 and a beta of 0.56.

Alliant Energy (NASDAQ:LNT) last posted its earnings results on Thursday, April 30th. The company reported $0.82 EPS for the quarter, hitting the consensus estimate of $0.82. Alliant Energy had a net margin of 18.58% and a return on equity of 11.37%. The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same period last year, the company earned $0.83 EPS. The firm’s revenue was up 5.0% compared to the same quarter last year. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. On average, research analysts anticipate 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. The ex-dividend date was Thursday, April 30th. This represents a $2.14 annualized dividend and a yield of 2.9%. Alliant Energy’s dividend payout ratio (DPR) is currently 67.08%.

Analyst Ratings Changes

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

Alliant Energy 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.