Alliant Energy Corporation $LNT Position Boosted by Hsbc Holdings PLC

Hsbc Holdings PLC lifted its holdings in Alliant Energy Corporation (NASDAQ:LNT) by 9.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 423,366 shares of the company’s stock after purchasing an additional 36,651 shares during the period. Hsbc Holdings PLC owned about 0.16% of Alliant Energy worth $27,554,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Bayban bought a new stake in Alliant Energy during the fourth quarter worth approximately $61,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of Alliant Energy by 2,151.9% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 4,256 shares of the company’s stock valued at $277,000 after buying an additional 4,067 shares in the last quarter. Pacer Advisors Inc. increased its holdings in shares of Alliant Energy by 66.3% in the fourth quarter. Pacer Advisors Inc. now owns 36,014 shares of the company’s stock valued at $2,341,000 after buying an additional 14,361 shares in the last quarter. GuidedMoney LLC acquired a new stake in shares of Alliant Energy during the 4th quarter valued at $1,134,000. Finally, Monetary Solutions Ltd bought a new stake in shares of Alliant Energy during the 4th quarter worth $95,000. 79.90% of the stock is currently owned by institutional investors.

Alliant Energy Trading Up 1.4%

NASDAQ LNT opened at $75.59 on Thursday. The firm’s 50 day moving average price is $72.55 and its two-hundred day moving average price is $69.95. 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 Corporation has a twelve month low of $59.82 and a twelve month high of $75.76. The stock has a market cap of $19.52 billion, a price-to-earnings ratio of 23.70, a PEG ratio of 3.04 and a beta of 0.56.

Alliant Energy (NASDAQ:LNT) last released its earnings results on Thursday, April 30th. The company reported $0.82 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.82. The company 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%.The company’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.83 earnings per share. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Equities analysts anticipate 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 $0.535 dividend. This represents a $2.14 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Thursday, April 30th. Alliant Energy’s dividend payout ratio is currently 67.08%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Scotiabank restated a “sector perform” rating and issued a $74.00 target price (up from $72.00) on shares of Alliant Energy in a report on Monday, May 4th. Mizuho set a $76.00 target price on Alliant Energy in a report on Monday, May 4th. Royal Bank Of Canada started coverage on Alliant Energy in a research report on Wednesday, March 11th. They issued an “outperform” rating and a $82.00 price target for the company. Barclays set a $74.00 price target on Alliant Energy and gave the stock an “equal weight” rating in a research note on Wednesday, April 15th. Finally, BMO Capital Markets set a $81.00 price objective on Alliant Energy in a report on Monday, May 4th. Nine analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Alliant Energy currently has a consensus rating of “Moderate Buy” and an average price target of $76.60.

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.