Alliant Energy Corporation $LNT is Liberty One Investment Management LLC’s 4th Largest Position

Liberty One Investment Management LLC increased its position in Alliant Energy Corporation (NASDAQ:LNT) by 12.5% in the first quarter, HoldingsChannel reports. The firm owned 432,119 shares of the company’s stock after acquiring an additional 47,965 shares during the period. Alliant Energy accounts for about 3.2% of Liberty One Investment Management LLC’s investment portfolio, making the stock its 4th biggest holding. Liberty One Investment Management LLC’s holdings in Alliant Energy were worth $31,009,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LNT. Sei Investments Co. grew its holdings in shares of Alliant Energy by 30.3% during the first quarter. Sei Investments Co. now owns 320,193 shares of the company’s stock valued at $22,977,000 after buying an additional 74,541 shares in the last quarter. Signature Equity Partners LLC lifted its stake in Alliant Energy by 26.8% in the 1st quarter. Signature Equity Partners LLC now owns 2,704 shares of the company’s stock worth $194,000 after acquiring an additional 572 shares in the last quarter. Arvest Bank Trust Division boosted its position in Alliant Energy by 1.3% during the 1st quarter. Arvest Bank Trust Division now owns 28,019 shares of the company’s stock worth $2,011,000 after acquiring an additional 357 shares during the period. Westpac Banking Corp boosted its position in Alliant Energy by 0.9% during the 1st quarter. Westpac Banking Corp now owns 20,797 shares of the company’s stock worth $1,492,000 after acquiring an additional 187 shares during the period. Finally, ABN Amro Investment Solutions grew its stake in Alliant Energy by 14.2% during the 1st quarter. ABN Amro Investment Solutions now owns 17,058 shares of the company’s stock valued at $1,224,000 after acquiring an additional 2,118 shares in the last quarter. 79.90% of the stock is currently owned by hedge funds and other institutional investors.

Alliant Energy Stock Performance

Shares of NASDAQ LNT opened at $74.42 on Friday. 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 one year low of $63.28 and a one year high of $78.81. The business’s 50-day moving average price is $74.08 and its two-hundred day moving average price is $71.54. The company has a market capitalization of $19.22 billion, a P/E ratio of 23.33, a price-to-earnings-growth ratio of 2.75 and a beta of 0.55.

Alliant Energy (NASDAQ:LNT) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.82 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.82. The company had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.08 billion. Alliant Energy had a return on equity of 11.37% and a net margin of 18.58%.The business’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period last year, the business earned $0.83 EPS. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Analysts anticipate that Alliant Energy Corporation will post 3.43 earnings per share for the current fiscal year.

Alliant Energy Announces Dividend

The company 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. The ex-dividend date is Friday, July 31st. This represents a $2.14 dividend on an annualized basis and a yield of 2.9%. Alliant Energy’s dividend payout ratio is currently 67.08%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on LNT. Weiss Ratings upgraded Alliant Energy from a “buy (b)” rating to a “buy (b+)” rating in a report on Tuesday, July 7th. BMO Capital Markets decreased their price target on shares of Alliant Energy from $83.00 to $80.00 and set an “outperform” rating for the company in a report on Wednesday. TD Cowen started coverage on shares of Alliant Energy in a research report on Tuesday, July 7th. They set a “hold” rating and a $83.00 price objective on the stock. Barclays set a $74.00 price objective on shares of Alliant Energy and gave the company an “equal weight” rating in a research note on Wednesday, April 15th. Finally, Scotiabank reiterated 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. 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, the company presently has an average rating of “Moderate Buy” and an average price target 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.