Qsemble Capital Management LP Acquires 34,601 Shares of Alliant Energy Corporation $LNT

Qsemble Capital Management LP grew its holdings in Alliant Energy Corporation (NASDAQ:LNT) by 181.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 53,642 shares of the company’s stock after buying an additional 34,601 shares during the period. Qsemble Capital Management LP’s holdings in Alliant Energy were worth $3,487,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. AlphaQuest LLC acquired a new stake in shares of Alliant Energy during the 3rd quarter worth about $1,314,000. Y Intercept Hong Kong Ltd grew its stake in Alliant Energy by 108.9% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 47,101 shares of the company’s stock valued at $3,175,000 after buying an additional 24,549 shares during the last quarter. Johnson Investment Counsel Inc. raised its holdings in Alliant Energy by 2.9% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 1,979,718 shares of the company’s stock valued at $133,453,000 after acquiring an additional 55,489 shares during the period. Reaves W H & Co. Inc. lifted its position in Alliant Energy by 54.3% during the third quarter. Reaves W H & Co. Inc. now owns 1,779,087 shares of the company’s stock worth $119,928,000 after acquiring an additional 626,410 shares during the last quarter. Finally, Teacher Retirement System of Texas lifted its position in Alliant Energy by 41.1% during the third quarter. Teacher Retirement System of Texas now owns 57,866 shares of the company’s stock worth $3,901,000 after acquiring an additional 16,849 shares during the last quarter. 79.90% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently commented on LNT. Wall Street Zen raised Alliant Energy from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 9th. Royal Bank Of Canada initiated coverage on Alliant Energy in a report on Wednesday, March 11th. They set an “outperform” rating and a $82.00 price target for the company. HSBC raised Alliant Energy from a “hold” rating to a “buy” rating in a report on Wednesday, January 21st. BMO Capital Markets set a $81.00 price objective on Alliant Energy in a research report on Monday, May 4th. Finally, Scotiabank reissued a “sector perform” rating and set a $74.00 target price (up from $72.00) on shares of Alliant Energy in a report on Monday, May 4th. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $76.60.

Alliant Energy Price Performance

Alliant Energy stock opened at $70.90 on Friday. The firm has a market cap of $18.31 billion, a PE ratio of 22.23, a price-to-earnings-growth ratio of 2.89 and a beta of 0.58. 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 stock’s fifty day moving average price is $71.90 and its two-hundred day moving average price is $68.93. Alliant Energy Corporation has a one year low of $59.62 and a one year high of $75.76.

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

Alliant Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were paid 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 dividend payout ratio is presently 67.08%.

Alliant Energy Company 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.