Qsemble Capital Management LP grew its stake in Alliant Energy Corporation (NASDAQ:LNT – Free Report) by 181.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,642 shares of the company’s stock after buying an additional 34,601 shares during the quarter. Qsemble Capital Management LP’s holdings in Alliant Energy were worth $3,487,000 at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in LNT. Measured Wealth Private Client Group LLC acquired a new position in Alliant Energy in the 3rd quarter worth $27,000. MRP Capital Investments LLC bought a new position in Alliant Energy during the 3rd quarter worth about $35,000. Hantz Financial Services Inc. raised its stake in shares of Alliant Energy by 256.7% in the 3rd quarter. Hantz Financial Services Inc. now owns 560 shares of the company’s stock valued at $38,000 after purchasing an additional 403 shares during the period. Sentry Investment Management LLC acquired a new stake in shares of Alliant Energy in the 3rd quarter valued at about $44,000. Finally, MUFG Securities EMEA plc bought a new stake in shares of Alliant Energy in the second quarter valued at about $46,000. Institutional investors own 79.90% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on LNT shares. Scotiabank reiterated a “sector perform” rating and set a $74.00 price objective (up from $72.00) on shares of Alliant Energy in a report on Monday, May 4th. Wells Fargo & Company restated an “overweight” rating and issued a $76.00 target price on shares of Alliant Energy in a research note on Tuesday, April 21st. Royal Bank Of Canada began coverage on Alliant Energy in a research report on Wednesday, March 11th. They set an “outperform” rating and a $82.00 price target for the company. Barclays set a $74.00 price target on shares of Alliant Energy and gave the stock an “equal weight” rating in a research note on Wednesday, April 15th. Finally, Wall Street Zen raised shares of Alliant Energy from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 9th. Nine analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Alliant Energy presently has an average rating of “Moderate Buy” and a consensus price target of $76.60.
Alliant Energy Stock Performance
LNT opened at $70.90 on Friday. The business’s 50-day simple moving average is $71.90 and its 200 day simple moving average is $68.93. Alliant Energy Corporation has a 52-week low of $59.62 and a 52-week high of $75.76. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.53 and a current ratio of 0.69. The firm has a market capitalization of $18.31 billion, a PE ratio of 22.23, a PEG ratio of 2.89 and a beta of 0.58.
Alliant Energy (NASDAQ:LNT – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.82 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.82. Alliant Energy had a return on equity of 11.37% and a net margin of 18.58%.The firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period last year, the company earned $0.83 earnings per share. The business’s revenue was up 5.0% compared to the same quarter last year. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. As a group, sell-side analysts expect that Alliant Energy Corporation will post 3.43 earnings per share for the current fiscal year.
Alliant Energy Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Thursday, April 30th were issued a dividend of $0.535 per share. This represents a $2.14 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Thursday, April 30th. Alliant Energy’s payout ratio is presently 67.08%.
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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