Alliant Energy Corporation $LNT Shares Sold by OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its stake in shares of Alliant Energy Corporation (NASDAQ:LNT) by 26.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 224,205 shares of the company’s stock after selling 78,775 shares during the period. Alliant Energy accounts for about 1.6% of OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s investment portfolio, making the stock its 13th largest position. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.09% of Alliant Energy worth $14,576,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of LNT. Price T Rowe Associates Inc. MD grew its holdings in Alliant Energy by 799.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 8,393,496 shares of the company’s stock valued at $545,662,000 after purchasing an additional 7,460,117 shares during the period. Magellan Asset Management Ltd raised its stake in Alliant Energy by 802.8% during the third quarter. Magellan Asset Management Ltd now owns 1,553,695 shares of the company’s stock worth $104,735,000 after purchasing an additional 1,381,593 shares during the period. Balyasny Asset Management L.P. acquired a new position in shares of Alliant Energy in the 2nd quarter valued at $82,265,000. Reaves W H & Co. Inc. boosted its holdings in shares of Alliant Energy by 71.8% in the 4th quarter. Reaves W H & Co. Inc. now owns 3,057,253 shares of the company’s stock valued at $198,752,000 after purchasing an additional 1,278,166 shares during the last quarter. Finally, Cohen & Steers Inc. grew its stake in shares of Alliant Energy by 41.7% during the 4th quarter. Cohen & Steers Inc. now owns 3,614,890 shares of the company’s stock valued at $235,004,000 after buying an additional 1,063,268 shares during the period. 79.90% of the stock is owned by institutional investors and hedge funds.

Alliant Energy Stock Down 0.0%

NASDAQ LNT opened at $72.97 on Friday. 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 Corporation has a fifty-two week low of $59.82 and a fifty-two week high of $75.76. The business has a 50 day moving average price of $72.46 and a two-hundred day moving average price of $69.77. The stock has a market cap of $18.85 billion, a PE ratio of 22.87, a P/E/G ratio of 2.98 and a beta of 0.56.

Alliant Energy (NASDAQ:LNT) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.82 earnings per share (EPS) for the quarter, meeting 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 analyst estimates of $1.08 billion. During the same quarter last year, the firm posted $0.83 earnings per share. The business’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. As a group, sell-side analysts predict that Alliant Energy Corporation will post 3.43 EPS for the current fiscal year.

Alliant Energy Dividend Announcement

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

Analyst Ratings Changes

A number of analysts have recently commented on LNT shares. Wall Street Zen upgraded Alliant Energy from a “strong sell” rating to a “sell” rating in a report on Saturday, May 9th. Barclays set a $74.00 price target on Alliant Energy and gave the company an “equal weight” rating in a research report on Wednesday, April 15th. Wells Fargo & Company restated an “overweight” rating and set a $76.00 price target on shares of Alliant Energy in a research note on Tuesday, April 21st. BMO Capital Markets set a $81.00 price objective on Alliant Energy in a report on Monday, May 4th. Finally, Mizuho set a $76.00 price objective on Alliant Energy in a research note on Monday, May 4th. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Alliant Energy presently has an average rating of “Moderate Buy” and an average target price of $76.60.

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.