Alliant Energy Corporation $LNT Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its position in shares of Alliant Energy Corporation (NASDAQ:LNT) by 1.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 546,580 shares of the company’s stock after selling 9,457 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 0.21% of Alliant Energy worth $39,223,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC acquired a new position in shares of Alliant Energy in the third quarter worth about $27,000. MRP Capital Investments LLC purchased a new stake in Alliant Energy during the 3rd quarter worth approximately $35,000. Caitong International Asset Management Co. Ltd increased its holdings in Alliant Energy by 235.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 634 shares of the company’s stock worth $41,000 after purchasing an additional 445 shares during the last quarter. MUFG Securities EMEA plc acquired a new position in shares of Alliant Energy in the 2nd quarter valued at approximately $46,000. Finally, Quantbot Technologies LP purchased a new position in shares of Alliant Energy during the 3rd quarter valued at approximately $54,000. Institutional investors and hedge funds own 79.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Alliant Energy from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday. TD Cowen began coverage on shares of Alliant Energy in a report on Tuesday. They set a “hold” rating and a $83.00 price objective for the company. Barclays set a $74.00 target price on shares of Alliant Energy and gave the stock an “equal weight” rating in a research report on Wednesday, April 15th. Wall Street Zen upgraded shares of Alliant Energy from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, BMO Capital Markets set a $81.00 price target on shares of Alliant Energy in a research report on Monday, May 4th. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $77.18.

Alliant Energy Stock Performance

Alliant Energy stock traded up $0.70 during mid-day trading on Friday, reaching $76.40. The company’s stock had a trading volume of 1,680,572 shares, compared to its average volume of 2,266,287. The company has a current ratio of 0.69, a quick ratio of 0.53 and a debt-to-equity ratio of 1.48. Alliant Energy Corporation has a twelve month low of $61.61 and a twelve month high of $78.81. The business has a 50 day moving average price of $73.65 and a 200-day moving average price of $70.90. The firm has a market cap of $19.73 billion, a price-to-earnings ratio of 23.95, a PEG ratio of 3.12 and a beta of 0.55.

Alliant Energy (NASDAQ:LNT) last issued its earnings results on Thursday, April 30th. The company reported $0.82 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.82. Alliant Energy had a net margin of 18.58% and a return on equity of 11.37%. The company had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the prior year, the company earned $0.83 earnings per share. 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. Sell-side analysts predict that Alliant Energy Corporation will post 3.43 EPS for the current fiscal year.

Alliant Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were issued a $0.535 dividend. The ex-dividend date of this dividend was Thursday, April 30th. This represents a $2.14 dividend on an annualized basis 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.