Alliant Energy (NASDAQ:LNT) Issues FY 2026 Earnings Guidance

Alliant Energy (NASDAQ:LNT) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 3.360-3.460 for the period, compared to the consensus EPS estimate of 3.430. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Barclays upgraded Alliant Energy from an “underweight” rating to an “equal weight” rating and boosted their target price for the company from $65.00 to $67.00 in a research report on Wednesday, January 21st. BMO Capital Markets raised Alliant Energy from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $70.00 to $71.00 in a research report on Tuesday, January 13th. Argus reaffirmed a “hold” rating on shares of Alliant Energy in a research report on Friday, January 9th. Wells Fargo & Company began coverage on shares of Alliant Energy in a research note on Tuesday, January 20th. They set an “overweight” rating and a $71.00 price target on the stock. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $78.00 price objective on shares of Alliant Energy in a report on Monday, November 24th. Eight analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $71.13.

Alliant Energy Price Performance

Shares of Alliant Energy stock traded up $0.48 on Thursday, hitting $70.01. 3,341,852 shares of the company were exchanged, compared to its average volume of 2,570,156. Alliant Energy has a 1-year low of $57.09 and a 1-year high of $72.25. The stock has a market capitalization of $18.00 billion, a price-to-earnings ratio of 22.02, a price-to-earnings-growth ratio of 2.90 and a beta of 0.67. The company has a 50-day moving average price of $66.48 and a 200 day moving average price of $66.47. The company has a quick ratio of 0.70, a current ratio of 0.83 and a debt-to-equity ratio of 1.46.

Alliant Energy (NASDAQ:LNT) last announced its quarterly earnings results on Thursday, February 19th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.03. Alliant Energy had a net margin of 19.14% and a return on equity of 12.02%. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. As a group, sell-side analysts predict that Alliant Energy will post 3.23 earnings per share for the current fiscal year.

Alliant Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, January 30th were issued a $0.535 dividend. This represents a $2.14 annualized dividend and a yield of 3.1%. This is a positive change from Alliant Energy’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Friday, January 30th. Alliant Energy’s dividend payout ratio is 67.30%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Price T Rowe Associates Inc. MD raised 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 worth $545,662,000 after buying an additional 7,460,117 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Alliant Energy by 0.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,327,921 shares of the company’s stock worth $151,338,000 after acquiring an additional 19,206 shares during the last quarter. Balyasny Asset Management L.P. purchased a new stake in shares of Alliant Energy in the second quarter valued at about $82,265,000. Dimensional Fund Advisors LP grew its position in shares of Alliant Energy by 1.1% in the third quarter. Dimensional Fund Advisors LP now owns 1,345,187 shares of the company’s stock valued at $90,671,000 after purchasing an additional 14,792 shares during the last quarter. Finally, Millennium Management LLC increased its stake in shares of Alliant Energy by 7.9% during the 3rd quarter. Millennium Management LLC now owns 1,298,814 shares of the company’s stock worth $87,553,000 after purchasing an additional 94,550 shares in the last quarter. Institutional investors and hedge funds own 79.90% of the company’s stock.

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.