Alliant Energy Corporation $LNT Shares Acquired by Pacer Advisors Inc.

Pacer Advisors Inc. boosted its holdings in Alliant Energy Corporation (NASDAQ:LNT) by 66.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 36,014 shares of the company’s stock after purchasing an additional 14,361 shares during the period. Pacer Advisors Inc.’s holdings in Alliant Energy were worth $2,341,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. Measured Wealth Private Client Group LLC purchased a new stake in Alliant Energy during the 3rd quarter worth approximately $27,000. MRP Capital Investments LLC purchased a new position in shares of Alliant Energy during the 3rd quarter valued at approximately $35,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Alliant Energy by 235.4% during 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 last quarter. MUFG Securities EMEA plc acquired a new stake in shares of Alliant Energy during the second quarter worth approximately $46,000. Finally, Quantbot Technologies LP acquired a new stake in shares of Alliant Energy during the third quarter worth approximately $54,000. Institutional investors and hedge funds own 79.90% of the company’s stock.

Alliant Energy Stock Performance

Shares of LNT opened at $74.57 on Wednesday. The stock has a market capitalization of $19.26 billion, a PE ratio of 23.38, a price-to-earnings-growth ratio of 2.99 and a beta of 0.56. The business’s fifty day moving average price is $72.48 and its 200 day moving average price is $69.89. 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 12-month low of $59.82 and a 12-month high of $75.76.

Alliant Energy (NASDAQ:LNT) last released its earnings results on Thursday, April 30th. The company reported $0.82 earnings per share for the quarter, meeting the consensus estimate of $0.82. Alliant Energy had a net margin of 18.58% and a return on equity of 11.37%. The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the firm earned $0.83 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts forecast that Alliant Energy Corporation will post 3.43 EPS for the current year.

Alliant Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Thursday, April 30th were paid 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 is 67.08%.

Analysts Set New Price Targets

LNT has been the topic of several recent analyst reports. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $76.00 price target on shares of Alliant Energy in a report on Tuesday, April 21st. Scotiabank reissued a “sector perform” rating and issued a $74.00 target price (up from $72.00) on shares of Alliant Energy in a research report on Monday, May 4th. Royal Bank Of Canada began 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 on the stock. Barclays set a $74.00 price target on shares of Alliant Energy and gave the stock an “equal weight” rating in a research report on Wednesday, April 15th. Finally, BMO Capital Markets set a $81.00 price target on Alliant Energy in a research note on Monday, May 4th. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Alliant Energy has an average rating of “Moderate Buy” and a consensus 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.