Alliant Energy Corporation $LNT Stock Holdings Boosted by Hsbc Holdings PLC

Hsbc Holdings PLC increased its position in Alliant Energy Corporation (NASDAQ:LNT) by 9.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 423,366 shares of the company’s stock after acquiring an additional 36,651 shares during the period. Hsbc Holdings PLC’s holdings in Alliant Energy were worth $27,554,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Merit Financial Group LLC boosted its position in shares of Alliant Energy by 271.7% during the fourth quarter. Merit Financial Group LLC now owns 44,187 shares of the company’s stock worth $2,873,000 after buying an additional 32,300 shares during the period. Vanguard Group Inc. increased its position 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 acquiring an additional 383,612 shares during the period. Massachusetts Financial Services Co. MA increased its position 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 acquiring an additional 167,581 shares during the period. Pictet Asset Management Holding SA raised its stake in Alliant Energy by 5.6% during 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 acquiring an additional 215,188 shares in the last quarter. Finally, Nicholas Company Inc. bought a new stake in Alliant Energy during the 4th quarter valued at $5,736,000. 79.90% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on LNT shares. Scotiabank reiterated a “sector perform” rating and set a $74.00 price target (up from $72.00) on shares of Alliant Energy in a research report on Monday, May 4th. BMO Capital Markets set a $81.00 price objective on shares of Alliant Energy in a research note on Monday, May 4th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $76.00 price objective on shares of Alliant Energy in a report on Tuesday, April 21st. Wall Street Zen upgraded shares of Alliant Energy from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Mizuho set a $76.00 target price on shares of Alliant Energy in a research note on Monday, May 4th. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $76.60.

Alliant Energy Price Performance

Shares of NASDAQ:LNT opened at $76.58 on Tuesday. The stock has a market cap of $19.78 billion, a price-to-earnings ratio of 24.01, a PEG ratio of 3.18 and a beta of 0.55. 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 $60.84 and a 12 month high of $78.21. The stock’s 50 day moving average price is $73.31 and its 200 day moving average price is $70.62.

Alliant Energy (NASDAQ:LNT) last issued its quarterly 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. Alliant Energy had a return on equity of 11.37% and a net margin of 18.58%.The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period last year, the company posted $0.83 EPS. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Equities research analysts anticipate that Alliant Energy Corporation will post 3.43 earnings per share for the current fiscal year.

Alliant Energy Dividend Announcement

The company also recently announced 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 of this dividend was Thursday, April 30th. This represents a $2.14 annualized dividend and a yield of 2.8%. Alliant Energy’s dividend payout ratio (DPR) is currently 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.