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

Alliant Energy (NASDAQ:LNT) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 3.360-3.460 for the period, compared to the consensus EPS estimate of 3.420. The company issued revenue guidance of -.

Alliant Energy Stock Performance

Shares of LNT stock traded down $1.11 during trading on Thursday, reaching $70.89. The company had a trading volume of 3,165,435 shares, compared to its average volume of 2,485,895. The firm’s 50 day simple moving average is $74.20 and its two-hundred day simple moving average is $71.78. Alliant Energy has a one year low of $63.28 and a one year high of $78.81. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.69 and a quick ratio of 0.53. The company has a market capitalization of $18.31 billion, a PE ratio of 22.22, a PEG ratio of 2.74 and a beta of 0.55.

Alliant Energy (NASDAQ:LNT) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.58 by $0.07. Alliant Energy had a return on equity of 11.37% and a net margin of 18.58%.Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Sell-side analysts forecast that Alliant Energy will post 3.43 earnings per share for the current year.

Alliant Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 31st will be issued a dividend of $0.535 per share. This represents a $2.14 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, July 31st. Alliant Energy’s dividend payout ratio is currently 67.08%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on LNT shares. BMO Capital Markets dropped their target price on shares of Alliant Energy from $83.00 to $80.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. TD Cowen began coverage on shares of Alliant Energy in a report on Tuesday, July 7th. They set a “hold” rating and a $83.00 price target for the company. Barclays set a $74.00 price target on Alliant Energy and gave the company an “equal weight” rating in a research report on Wednesday, April 15th. Weiss Ratings lowered Alliant Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday. Finally, Wall Street Zen downgraded Alliant Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday, July 18th. Nine equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Alliant Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $77.09.

Institutional Investors Weigh In On Alliant Energy

A number of institutional investors have recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD raised its holdings in Alliant Energy by 799.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 8,393,496 shares of the company’s stock valued at $545,662,000 after acquiring an additional 7,460,117 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Alliant Energy by 0.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,327,921 shares of the company’s stock worth $151,338,000 after purchasing an additional 19,206 shares in the last quarter. Balyasny Asset Management L.P. bought a new stake in shares of Alliant Energy during the second quarter valued at approximately $82,265,000. Dimensional Fund Advisors LP increased its position in shares of Alliant Energy by 1.1% during the third quarter. Dimensional Fund Advisors LP now owns 1,345,187 shares of the company’s stock valued at $90,671,000 after purchasing an additional 14,792 shares during the period. Finally, Millennium Management LLC raised its stake in shares of Alliant Energy by 7.9% in the third quarter. Millennium Management LLC now owns 1,298,814 shares of the company’s stock valued at $87,553,000 after purchasing an additional 94,550 shares in the last quarter. 79.90% of the stock is owned by institutional investors and hedge funds.

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.