GuidedMoney LLC Takes $1.13 Million Position in Alliant Energy Corporation $LNT

GuidedMoney LLC purchased a new position in Alliant Energy Corporation (NASDAQ:LNT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 17,437 shares of the company’s stock, valued at approximately $1,134,000. Alliant Energy makes up about 0.6% of GuidedMoney LLC’s holdings, making the stock its 14th largest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Measured Wealth Private Client Group LLC acquired a new stake in Alliant Energy in the 3rd quarter valued at about $27,000. MRP Capital Investments LLC acquired a new position in shares of Alliant Energy during the 3rd quarter worth approximately $35,000. Caitong International Asset Management Co. Ltd boosted its holdings 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 worth $41,000 after purchasing an additional 445 shares during the last quarter. MUFG Securities EMEA plc purchased a new stake in shares of Alliant Energy in the second quarter valued at approximately $46,000. Finally, Fideuram Asset Management Ireland dac purchased a new stake in shares of Alliant Energy in the fourth quarter valued at approximately $51,000. 79.90% of the stock is currently owned by institutional investors and hedge funds.

Alliant Energy Trading Up 0.2%

LNT opened at $72.97 on Friday. The stock has a market capitalization of $18.85 billion, a PE ratio of 22.87, a P/E/G ratio of 2.97 and a beta of 0.56. Alliant Energy Corporation has a one year low of $59.82 and a one year high of $75.76. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.53 and a current ratio of 0.69. The business’s 50 day moving average price is $72.46 and its 200 day moving average price is $69.74.

Alliant Energy (NASDAQ:LNT) last posted its earnings results on Thursday, April 30th. The company reported $0.82 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 company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the previous year, the business earned $0.83 earnings per share. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. As a group, equities research analysts expect that Alliant Energy Corporation will post 3.43 EPS for the current year.

Alliant Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Thursday, April 30th were given a dividend of $0.535 per share. This represents a $2.14 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Thursday, April 30th. Alliant Energy’s dividend payout ratio (DPR) is presently 67.08%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on LNT shares. Wall Street Zen upgraded Alliant Energy from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 9th. BMO Capital Markets set a $81.00 target price on Alliant Energy in a report on Monday, May 4th. Scotiabank reaffirmed a “sector perform” rating and issued a $74.00 target price (up from $72.00) on shares of Alliant Energy in a research note on Monday, May 4th. Royal Bank Of Canada assumed coverage on Alliant Energy in a report on Wednesday, March 11th. They set an “outperform” rating and a $82.00 price target on the stock. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $76.00 price target on shares of Alliant Energy in a research report on Tuesday, April 21st. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.