Greenland Capital Management LP acquired a new stake in Alliant Energy Corporation (NASDAQ:LNT – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 110,522 shares of the company’s stock, valued at approximately $8,432,000. Alliant Energy makes up about 1.0% of Greenland Capital Management LP’s holdings, making the stock its 17th biggest position.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Alliant Energy by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 33,785,294 shares of the company’s stock valued at $2,196,382,000 after acquiring an additional 383,612 shares during the period. Janus Henderson Group PLC increased its stake in Alliant Energy by 1.2% during the first quarter. Janus Henderson Group PLC now owns 11,273,621 shares of the company’s stock worth $808,996,000 after purchasing an additional 138,683 shares during the period. Price T Rowe Associates Inc. MD lifted its position in shares of Alliant Energy by 799.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 8,393,496 shares of the company’s stock worth $545,662,000 after purchasing an additional 7,460,117 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Alliant Energy by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 7,071,908 shares of the company’s stock worth $458,071,000 after purchasing an additional 128,998 shares in the last quarter. Finally, Pictet Asset Management Holding SA boosted its stake in shares of Alliant Energy by 5.6% in the fourth 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 period. Hedge funds and other institutional investors own 79.90% of the company’s stock.
Wall Street Analysts Forecast Growth
LNT has been the subject of a number of research reports. BMO Capital Markets dropped their price objective on shares of Alliant Energy from $80.00 to $78.00 and set an “outperform” rating for the company in a report on Monday, August 3rd. Mizuho reduced their target price on shares of Alliant Energy from $76.00 to $75.00 and set a “neutral” rating on the stock in a report on Monday, August 3rd. TD Cowen began coverage on shares of Alliant Energy in a research report on Tuesday, July 7th. They issued a “hold” rating and a $83.00 price target for the company. Weiss Ratings downgraded shares of Alliant Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, July 28th. Finally, Scotiabank reaffirmed 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. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $76.82.
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 Stock Performance
Shares of LNT opened at $67.86 on Friday. 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 market cap of $17.60 billion, a PE ratio of 21.47, a price-to-earnings-growth ratio of 2.52 and a beta of 0.55. The company’s 50 day simple moving average is $73.35 and its 200-day simple moving average is $72.14. Alliant Energy Corporation has a 12-month low of $63.28 and a 12-month high of $78.81.
Alliant Energy (NASDAQ:LNT – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. Alliant Energy had a net margin of 18.45% and a return on equity of 11.16%. The business had revenue of $971.00 million for the quarter, compared to analysts’ expectations of $896.94 million. During the same period in the previous year, the company posted $0.68 EPS. The company’s quarterly revenue was up 1.0% on a year-over-year basis. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. As a group, equities analysts predict that Alliant Energy Corporation will post 3.43 EPS for the current year.
Alliant Energy Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 31st were paid a $0.535 dividend. The ex-dividend date was Friday, July 31st. This represents a $2.14 dividend on an annualized basis and a yield of 3.2%. Alliant Energy’s payout ratio is currently 67.72%.
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.
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