Swiss National Bank Purchases 50,100 Shares of Alliant Energy Corporation $LNT

Swiss National Bank increased its position in Alliant Energy Corporation (NASDAQ:LNT) by 7.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 754,300 shares of the company’s stock after buying an additional 50,100 shares during the quarter. Swiss National Bank’s holdings in Alliant Energy were worth $54,129,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in LNT. Glenmede Investment Management LP grew its holdings in Alliant Energy by 0.7% during the 3rd quarter. Glenmede Investment Management LP now owns 22,793 shares of the company’s stock worth $1,536,000 after acquiring an additional 153 shares during the last quarter. Quadrant Capital Group LLC lifted its holdings in shares of Alliant Energy by 1.8% during the third quarter. Quadrant Capital Group LLC now owns 9,117 shares of the company’s stock worth $615,000 after purchasing an additional 158 shares during the period. Apollon Wealth Management LLC grew its stake in shares of Alliant Energy by 4.8% in the fourth quarter. Apollon Wealth Management LLC now owns 3,517 shares of the company’s stock worth $229,000 after purchasing an additional 161 shares during the last quarter. Simplicity Wealth LLC grew its stake in shares of Alliant Energy by 5.5% in the fourth quarter. Simplicity Wealth LLC now owns 3,216 shares of the company’s stock worth $209,000 after purchasing an additional 167 shares during the last quarter. Finally, Resonant Capital Advisors LLC increased its holdings in Alliant Energy by 4.6% in the first quarter. Resonant Capital Advisors LLC now owns 4,182 shares of the company’s stock valued at $300,000 after purchasing an additional 184 shares during the period. Institutional investors own 79.90% of the company’s stock.

Alliant Energy Stock Performance

Shares of LNT opened at $73.11 on Wednesday. The company has a current ratio of 0.69, a quick ratio of 0.53 and a debt-to-equity ratio of 1.48. The stock has a market capitalization of $18.88 billion, a P/E ratio of 22.92, a price-to-earnings-growth ratio of 3.02 and a beta of 0.55. The firm’s fifty day simple moving average is $74.00 and its two-hundred day simple moving average is $71.42. Alliant Energy Corporation has a 12 month low of $63.28 and a 12 month high of $78.81.

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

Alliant Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 31st will be paid a dividend of $0.535 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a $2.14 annualized dividend and a yield of 2.9%. Alliant Energy’s dividend payout ratio (DPR) is currently 67.08%.

Analysts Set New Price Targets

LNT has been the topic of several recent research reports. Mizuho set a $76.00 target price on Alliant Energy in a report on Monday, May 4th. Scotiabank reissued a “sector perform” rating and issued a $74.00 price target (up from $72.00) on shares of Alliant Energy in a research note on Monday, May 4th. BMO Capital Markets restated an “outperform” rating and set a $83.00 price objective (up from $81.00) on shares of Alliant Energy in a research report on Wednesday, July 15th. Barclays set a $74.00 price objective on Alliant Energy and gave the stock an “equal weight” rating in a research note on Wednesday, April 15th. Finally, 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 target price for the company. Nine research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Alliant Energy has a consensus rating of “Moderate Buy” and an average target price of $77.36.

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.