PEAK6 LLC acquired a new position in shares of Alliant Energy Corporation (NASDAQ:LNT – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 12,539 shares of the company’s stock, valued at approximately $957,000.
Several other hedge funds have also recently made changes to their positions in LNT. Delta Global Management LP acquired a new position in shares of Alliant Energy in the first quarter valued at about $2,512,000. Vanguard Group Inc. increased its holdings in 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 period. Pictet Asset Management Holding SA raised its position in 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 worth $264,458,000 after buying an additional 215,188 shares during the last quarter. Nicholas Company Inc. purchased a new stake in shares of Alliant Energy in the 4th quarter valued at $5,736,000. Finally, Reaves W H & Co. Inc. increased its stake in shares of Alliant Energy by 71.8% in the fourth quarter. Reaves W H & Co. Inc. now owns 3,057,253 shares of the company’s stock worth $198,752,000 after acquiring an additional 1,278,166 shares during the period. 79.90% of the stock is owned by institutional investors and hedge funds.
Alliant Energy Price Performance
Shares of LNT opened at $67.86 on Monday. The company has a current ratio of 0.47, a quick ratio of 0.35 and a debt-to-equity ratio of 1.41. Alliant Energy Corporation has a 12 month low of $63.28 and a 12 month high of $78.81. The stock’s 50 day moving average is $73.35 and its two-hundred day moving average is $72.18. The firm has a market cap of $17.60 billion, a P/E ratio of 21.47, a PEG ratio of 2.52 and a beta of 0.55.
Alliant Energy Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Friday, July 31st were issued a $0.535 dividend. This represents a $2.14 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Friday, July 31st. Alliant Energy’s payout ratio is presently 67.72%.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on the stock. BMO Capital Markets dropped their price objective on shares of Alliant Energy from $80.00 to $78.00 and set an “outperform” rating on the stock in a research note on Monday, August 3rd. Wall Street Zen downgraded shares of Alliant Energy from a “hold” rating to a “sell” rating in a report on Sunday, August 9th. TD Cowen began coverage on shares of Alliant Energy in a research report on Tuesday, July 7th. They set a “hold” rating and a $83.00 price target on the stock. Mizuho cut their price objective on shares of Alliant Energy from $76.00 to $75.00 and set a “neutral” rating for the company in a report on Monday, August 3rd. Finally, Scotiabank reiterated a “sector perform” rating and issued 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 issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $76.82.
Read Our Latest Stock Report on Alliant Energy
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.
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.
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