Epoch Investment Partners Inc. Sells 7,021 Shares of Alliant Energy Corporation $LNT

Epoch Investment Partners Inc. decreased its position in Alliant Energy Corporation (NASDAQ:LNT) by 3.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 211,449 shares of the company’s stock after selling 7,021 shares during the quarter. Epoch Investment Partners Inc. owned approximately 0.08% of Alliant Energy worth $15,174,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Merit Financial Group LLC increased its holdings in Alliant Energy by 271.7% in the 4th quarter. Merit Financial Group LLC now owns 44,187 shares of the company’s stock worth $2,873,000 after acquiring an additional 32,300 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Alliant Energy by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 33,785,294 shares of the company’s stock worth $2,196,382,000 after buying an additional 383,612 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in Alliant Energy by 2.4% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,173,906 shares of the company’s stock valued at $466,376,000 after acquiring an additional 167,581 shares during the last quarter. Pictet Asset Management Holding SA increased its position in shares of Alliant Energy by 5.6% during the 4th quarter. Pictet Asset Management Holding SA now owns 4,067,962 shares of the company’s stock valued at $264,458,000 after purchasing an additional 215,188 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. grew its position in Alliant Energy by 23.1% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 869,740 shares of the company’s stock valued at $56,542,000 after acquiring an additional 163,165 shares during the last quarter. Hedge funds and other institutional investors own 79.90% of the company’s stock.

Alliant Energy Stock Up 0.7%

Alliant Energy stock opened at $74.94 on Friday. The firm has a market cap of $19.36 billion, a price-to-earnings ratio of 23.49, a PEG ratio of 2.78 and a beta of 0.55. The stock has a fifty day simple moving average of $74.16 and a two-hundred day simple moving average of $71.57. Alliant Energy Corporation has a 12 month low of $63.28 and a 12 month high of $78.81. The company has a current ratio of 0.69, a quick ratio of 0.53 and a debt-to-equity ratio of 1.48.

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 the consensus estimate of $0.82. The firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Alliant Energy had a return on equity of 11.37% and a net margin of 18.58%.The company’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.83 earnings per share. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Equities analysts predict that Alliant Energy Corporation will post 3.43 EPS for the current fiscal year.

Alliant Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 31st will be given a $0.535 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a $2.14 dividend on an annualized basis and a yield of 2.9%. Alliant Energy’s payout ratio is 67.08%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on LNT. Barclays set a $74.00 price target on shares of Alliant Energy and gave the company an “equal weight” rating in a research report on Wednesday, April 15th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $76.00 price target on shares of Alliant Energy in a research note on Tuesday, April 21st. Mizuho set a $76.00 target price on Alliant Energy in a report on Monday, May 4th. BMO Capital Markets reduced their target price on shares of Alliant Energy from $83.00 to $80.00 and set an “outperform” rating on the stock in a research report on Wednesday. Finally, Weiss Ratings raised Alliant Energy from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday, July 7th. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price 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.