Infrastructure Capital Advisors LLC purchased a new stake in Alliant Energy Corporation (NASDAQ:LNT – Free Report) in the 2nd quarter, Holdings Channel reports. The firm purchased 20,948 shares of the company’s stock, valued at approximately $1,598,000.
A number of other large investors have also made changes to their positions in the company. AQR Capital Management LLC increased its holdings in shares of Alliant Energy by 103.8% in the first quarter. AQR Capital Management LLC now owns 66,701 shares of the company’s stock worth $4,292,000 after acquiring an additional 33,978 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Alliant Energy by 98.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,084,562 shares of the company’s stock valued at $69,792,000 after purchasing an additional 538,603 shares in the last quarter. Empowered Funds LLC grew its position in shares of Alliant Energy by 18.8% in the 1st quarter. Empowered Funds LLC now owns 6,166 shares of the company’s stock valued at $397,000 after purchasing an additional 974 shares during the period. Woodline Partners LP increased its stake in Alliant Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 21,679 shares of the company’s stock worth $1,395,000 after purchasing an additional 6,269 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in Alliant Energy by 23.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,256 shares of the company’s stock worth $81,000 after purchasing an additional 239 shares in the last quarter. Institutional investors own 79.90% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on LNT shares. Scotiabank reaffirmed a “sector perform” rating and issued a $74.00 price target (up from $72.00) on shares of Alliant Energy in a research note on Monday, May 4th. Mizuho lowered their price objective on shares of Alliant Energy from $76.00 to $75.00 and set a “neutral” rating for the company in a research report on Monday, August 3rd. Weiss Ratings cut shares of Alliant Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, July 28th. TD Cowen assumed coverage on Alliant Energy in a research note on Tuesday, July 7th. They issued a “hold” rating and a $83.00 price target on the stock. Finally, BMO Capital Markets cut their price target on Alliant Energy from $80.00 to $78.00 and set an “outperform” rating on the stock in a report on Monday, August 3rd. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $76.82.
Alliant Energy Price Performance
Shares of NASDAQ LNT opened at $67.86 on Monday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.47 and a quick ratio of 0.35. The business has a 50-day moving average of $73.35 and a 200-day moving average of $72.18. The stock has a market capitalization of $17.60 billion, a price-to-earnings ratio of 21.47, a PEG ratio of 2.52 and a beta of 0.55. Alliant Energy Corporation has a fifty-two week low of $63.28 and a fifty-two week high of $78.81.
Alliant Energy (NASDAQ:LNT – Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.07. The business had revenue of $971.00 million for the quarter, compared to analyst estimates of $896.94 million. Alliant Energy had a return on equity of 11.16% and a net margin of 18.45%.Alliant Energy’s revenue was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.68 earnings per share. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. As a group, sell-side analysts predict that Alliant Energy Corporation will post 3.43 earnings per share for the current fiscal year.
Alliant Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 31st were issued a $0.535 dividend. This represents a $2.14 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, July 31st. Alliant Energy’s dividend payout ratio is presently 67.72%.
More Alliant Energy News
Here are the key news stories impacting Alliant Energy this week:
- Positive Sentiment: Long-term growth prospects remain favorable: Alliant Energy’s expanding customer base, rising utility demand and planned $13.4 billion capital investment program are expected to support revenue and earnings growth through 2029. Can Customer Growth Support Alliant Energy’s Long-Term Growth?
- Positive Sentiment: Some forward estimates increased: Zacks Research raised its Q4 2026 EPS forecast to $0.74 from $0.68, FY2026 EPS to $3.42 from $3.41, and FY2028 EPS to $4.02 from $3.98. The higher estimates may modestly improve sentiment toward Alliant’s earnings trajectory.
- Neutral Sentiment: Overall earnings outlook remains close to consensus: Zacks projects FY2026 EPS of $3.42, FY2027 EPS of $3.65 and FY2028 EPS of $4.02, compared with the current-year consensus estimate of $3.43. The changes imply gradual growth but are not a major near-term catalyst.
- Negative Sentiment: Several estimates were trimmed: Zacks reduced its Q2 2027 EPS forecast to $0.73 from $0.78, Q3 2027 to $1.26 from $1.27, and FY2027 to $3.65 from $3.68. These cuts may weigh on the stock by signaling some pressure on intermediate-term earnings expectations.
Alliant Energy Company 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.
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