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

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

Alliant Energy Price Performance

LNT stock opened at $71.01 on Friday. The stock has a market cap of $18.25 billion, a PE ratio of 22.54, a P/E/G ratio of 2.85 and a beta of 0.67. Alliant Energy has a 12 month low of $57.09 and a 12 month high of $72.25. The company has a 50-day moving average price of $66.70 and a 200 day moving average price of $66.53. The company has a current ratio of 0.83, a quick ratio of 0.70 and a debt-to-equity ratio of 1.46.

Alliant Energy (NASDAQ:LNT) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.02. Alliant Energy had a net margin of 18.57% and a return on equity of 11.57%. The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $673.11 million. During the same quarter last year, the firm earned $0.70 earnings per share. The firm’s quarterly revenue was up 9.0% compared to the same quarter last year. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Equities research analysts anticipate that Alliant Energy will post 3.23 earnings per share for the current year.

Alliant Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, January 30th were paid a dividend of $0.535 per share. The ex-dividend date of this dividend was Friday, January 30th. This represents a $2.14 dividend on an annualized basis and a dividend yield of 3.0%. This is an increase from Alliant Energy’s previous quarterly dividend of $0.51. Alliant Energy’s dividend payout ratio is 67.30%.

Analyst Ratings Changes

LNT has been the topic of several research analyst reports. BMO Capital Markets raised Alliant Energy from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $70.00 to $71.00 in a research report on Tuesday, January 13th. HSBC upgraded shares of Alliant Energy from a “hold” rating to a “buy” rating in a report on Wednesday, January 21st. Wall Street Zen upgraded shares of Alliant Energy from a “sell” rating to a “hold” rating in a report on Saturday. UBS Group set a $75.00 price objective on shares of Alliant Energy and gave the company a “buy” rating in a research report on Wednesday, December 17th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $76.00 target price on shares of Alliant Energy in a research report on Monday, December 1st. Eight investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $71.13.

Key Alliant Energy News

Here are the key news stories impacting Alliant Energy this week:

• Positive Sentiment: Q4 results beat expectations: Alliant reported $0.60 EPS vs. Street $0.58 and revenue of $1.06B, well above consensus — driven by stronger electric and gas demand. Alliant Energy Q4 Earnings Surpass Estimates, Sales Increase Y/Y
• Positive Sentiment: Strong operational tone: Reuters notes robust power demand and solid performance in both electric and gas segments, a direct driver of the revenue and profit beat. Alliant Energy beats quarterly profit estimates on strong power demand
• Positive Sentiment: Capital spending and multi-year growth: Management outlined ~$13.4B of capex through 2029 and affirmed FY2026 ongoing EPS guidance of $3.36–$3.46, underscoring growth investments that support regulated earnings visibility. Alliant Energy Q4 Earnings Surpass Estimates, Sales Increase Y/Y
• Neutral Sentiment: Full-year results and affirmation: BusinessWire reports 2025 GAAP EPS of $3.14 and ongoing EPS of $3.22, with management affirming the 2026 range — supportive for long-term targets but largely confirms prior guidance. Alliant Energy Announces 2025 Results
• Neutral Sentiment: Available disclosure: Earnings call transcript, slide deck and press release are posted (useful for detail on drivers, rate cases and capex phasing). Alliant Energy Corporation (LNT) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Strategic/employee items: Coverage flags an ESOP shelf cleanup that could subtly reshape capital strategy and employee alignment — monitor for any equity/cash flow implications. Is Alliant Energy’s ESOP Shelf Cleanup Quietly Reframing Its Capital Strategy and Employee Alignment (LNT)?
• Neutral Sentiment: Short-interest reporting appears inconsistent in public summaries (zeros and NaNs); treat those figures skeptically until proper filings confirm any meaningful change in positioning.
• Negative Sentiment: Quarterly EPS declined vs. prior-year quarter ($0.60 vs. $0.70 in Q4 last year), which highlights near-term volatility in margins or timing impacts despite the beat. Alliant Energy Q4 earnings and materials
• Negative Sentiment: Guidance nuance: FY2026 range is affirmed but the midpoint is roughly in line or slightly below some analyst estimates — investors should watch upcoming rate cases and execution on capex to ensure earnings targets are met.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. AQR Capital Management LLC grew its stake in Alliant Energy by 103.8% in the first quarter. AQR Capital Management LLC now owns 66,701 shares of the company’s stock valued at $4,292,000 after purchasing an additional 33,978 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Alliant Energy by 98.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,084,562 shares of the company’s stock worth $69,792,000 after buying an additional 538,603 shares during the last quarter. Empowered Funds LLC grew its position in shares of Alliant Energy by 18.8% in the 1st quarter. Empowered Funds LLC now owns 6,166 shares of the company’s stock worth $397,000 after buying an additional 974 shares during the last quarter. Woodline Partners LP grew its position in shares of Alliant Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 21,679 shares of the company’s stock worth $1,395,000 after buying an additional 6,269 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in Alliant Energy by 23.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,256 shares of the company’s stock valued at $81,000 after acquiring an additional 239 shares during the last quarter. 79.90% of the stock is owned by institutional investors.

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.