Alliant Energy Corporation $LNT Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC trimmed its holdings in Alliant Energy Corporation (NASDAQ:LNT) by 18.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 103,673 shares of the company’s stock after selling 23,657 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Alliant Energy were worth $6,740,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC acquired a new stake in Alliant Energy in the 3rd quarter valued at about $27,000. MRP Capital Investments LLC acquired a new stake in Alliant Energy in the 3rd quarter valued at about $35,000. Hantz Financial Services Inc. lifted its holdings in 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 acquiring an additional 403 shares during the last quarter. Sentry Investment Management LLC acquired a new stake in Alliant Energy in the 3rd quarter valued at about $44,000. Finally, MUFG Securities EMEA plc acquired a new stake in Alliant Energy in the 2nd quarter valued at about $46,000. 79.90% of the stock is owned by institutional investors and hedge funds.

Alliant Energy Stock Performance

Shares of LNT opened at $72.87 on Friday. Alliant Energy Corporation has a one year low of $59.62 and a one year high of $75.76. The company has a 50-day moving average of $72.28 and a two-hundred day moving average of $69.45. The stock has a market cap of $18.82 billion, a price-to-earnings ratio of 22.84, a PEG ratio of 2.91 and a beta of 0.56. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.69 and a quick ratio of 0.53.

Alliant Energy (NASDAQ:LNT) last announced its earnings results on Thursday, April 30th. The company reported $0.82 EPS for the quarter, hitting the consensus estimate of $0.82. The company had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Alliant Energy had a net margin of 18.58% and a return on equity of 11.37%. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period last year, the company posted $0.83 earnings per share. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. On average, equities research analysts expect that Alliant Energy Corporation will post 3.43 earnings per share for the current year.

Alliant Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Thursday, April 30th were given a $0.535 dividend. This represents a $2.14 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Thursday, April 30th. Alliant Energy’s dividend payout ratio is 67.08%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on LNT. Royal Bank Of Canada initiated coverage on shares of Alliant Energy in a report on Wednesday, March 11th. They issued an “outperform” rating and a $82.00 price target for the company. Barclays set a $74.00 target price on shares of Alliant Energy and gave the stock an “equal weight” rating in a report on Wednesday, April 15th. Mizuho set a $76.00 target price on shares of Alliant Energy in a report on Monday, May 4th. Wall Street Zen upgraded shares of Alliant Energy from a “strong sell” rating to a “sell” rating in a report on Saturday, May 9th. Finally, Wells Fargo & Company reiterated an “overweight” rating and issued a $76.00 target price on shares of Alliant Energy in a report on Tuesday, April 21st. Nine investment 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 an average price target of $76.60.

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.