OVERSEA CHINESE BANKING Corp Ltd Takes $941,000 Position in Alliant Energy Corporation $LNT

OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in Alliant Energy Corporation (NASDAQ:LNT) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 12,333 shares of the company’s stock, valued at approximately $941,000.

A number of other institutional investors also recently modified their holdings of the company. Madison Asset Management LLC acquired a new stake in shares of Alliant Energy in the 2nd quarter worth about $449,000. Johnson Financial Group Inc. bought a new stake in shares of Alliant Energy during the 2nd quarter worth $686,000. Addison Advisors LLC bought a new position in Alliant Energy during the second quarter valued at about $227,000. West Family Investments Inc. purchased a new stake in Alliant Energy during the second quarter worth about $312,000. Finally, Danske Bank A S bought a new stake in Alliant Energy in the second quarter worth about $488,000. 79.90% of the stock is owned by institutional investors and hedge funds.

Alliant Energy News Roundup

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.

Wall Street Analyst Weigh In

LNT has been the subject of several recent research reports. Mizuho decreased their price objective on Alliant Energy from $76.00 to $75.00 and set a “neutral” rating for the company in a report on Monday, August 3rd. Weiss Ratings downgraded Alliant Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, July 28th. BMO Capital Markets dropped their target price on shares of Alliant Energy from $80.00 to $78.00 and set an “outperform” rating for the company in a research report on Monday, August 3rd. Scotiabank restated a “sector perform” rating and set a $74.00 price objective (up from $72.00) on shares of Alliant Energy in a research report on Monday, May 4th. Finally, Wall Street Zen cut Alliant Energy from a “hold” rating to a “sell” rating in a report on Sunday, August 9th. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $76.82.

Alliant Energy Stock Performance

Alliant Energy stock opened at $67.86 on Friday. Alliant Energy Corporation has a 1-year low of $63.28 and a 1-year high of $78.81. The company has a current ratio of 0.47, a quick ratio of 0.35 and a debt-to-equity ratio of 1.41. The firm has a 50-day moving average of $73.35 and a 200-day moving average of $72.14. The firm has a market cap of $17.60 billion, a P/E ratio of 21.47, a P/E/G ratio of 2.58 and a beta of 0.55.

Alliant Energy (NASDAQ:LNT) last posted its earnings results on Thursday, July 30th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.07. The firm had revenue of $971.00 million for the quarter, compared to analysts’ expectations of $896.94 million. Alliant Energy had a return on equity of 11.16% and a net margin of 18.45%.The business’s revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.68 earnings per share. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Sell-side analysts expect that Alliant Energy Corporation will post 3.43 EPS for the current year.

Alliant Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 31st were issued a dividend of $0.535 per share. The ex-dividend date was Friday, July 31st. This represents a $2.14 dividend on an annualized basis and a dividend yield of 3.2%. Alliant Energy’s dividend payout ratio is 67.72%.

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.