Energy Income Partners LLC Increases Stock Position in Alliant Energy Corporation $LNT

Energy Income Partners LLC boosted its position in Alliant Energy Corporation (NASDAQ:LNT) by 0.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 809,556 shares of the company’s stock after buying an additional 7,304 shares during the quarter. Energy Income Partners LLC owned 0.31% of Alliant Energy worth $58,094,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Alliant Energy by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 33,785,294 shares of the company’s stock worth $2,196,382,000 after purchasing an additional 383,612 shares during the last quarter. Janus Henderson Group PLC boosted its stake in shares of Alliant Energy by 2.1% during the 4th quarter. Janus Henderson Group PLC now owns 11,134,938 shares of the company’s stock valued at $723,882,000 after buying an additional 223,793 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Alliant Energy by 799.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 8,393,496 shares of the company’s stock valued at $545,662,000 after buying an additional 7,460,117 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Alliant Energy by 2.4% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,173,906 shares of the company’s stock worth $466,376,000 after buying an additional 167,581 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Alliant Energy by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 7,071,908 shares of the company’s stock worth $458,071,000 after buying an additional 128,998 shares in the last quarter. 79.90% of the stock is owned by hedge funds and other institutional investors.

Alliant Energy Trading Down 1.3%

Shares of NASDAQ:LNT opened at $73.93 on Tuesday. The company has a market cap of $19.09 billion, a PE ratio of 23.18, a P/E/G ratio of 2.78 and a beta of 0.55. The company’s 50-day moving average price is $74.19 and its 200 day moving average price is $71.67. Alliant Energy Corporation has a fifty-two week low of $63.28 and a fifty-two week high of $78.81. The company has a quick ratio of 0.53, a current ratio of 0.69 and a debt-to-equity ratio of 1.48.

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 firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the prior year, the firm earned $0.83 EPS. Alliant Energy’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. Sell-side 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 disclosed a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 31st will be issued a $0.535 dividend. This represents a $2.14 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, July 31st. Alliant Energy’s dividend payout ratio is 67.08%.

Analysts Set New Price Targets

A number of analysts recently issued reports on LNT shares. Wells Fargo & Company restated an “overweight” rating and issued a $76.00 price target on shares of Alliant Energy in a research note on Tuesday, April 21st. Weiss Ratings raised shares of Alliant Energy from a “buy (b)” rating to a “buy (b+)” rating in a report on Tuesday, July 7th. 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. 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. Finally, BMO Capital Markets reduced their price target on shares of Alliant Energy from $83.00 to $80.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 22nd. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Alliant Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $77.09.

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.