OVERSEA CHINESE BANKING Corp Ltd Acquires Shares of 12,333 Alliant Energy Corporation $LNT

OVERSEA CHINESE BANKING Corp Ltd purchased a new position in Alliant Energy Corporation (NASDAQ:LNT) in the 2nd quarter, HoldingsChannel reports. The fund purchased 12,333 shares of the company’s stock, valued at approximately $941,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cedar Mountain Advisors LLC purchased a new stake in shares of Alliant Energy during the second quarter valued at $26,000. Clearstead Trust LLC purchased a new position in Alliant Energy in the second quarter worth about $27,000. Measured Wealth Private Client Group LLC bought a new stake in Alliant Energy during the third quarter valued at approximately $27,000. Western Wealth Management LLC purchased a new stake in shares of Alliant Energy in the 1st quarter worth $41,000. Finally, Caitong International Asset Management Co. Ltd increased its position in Alliant Energy by 235.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 634 shares of the company’s stock worth $41,000 after buying an additional 445 shares in the last quarter. 79.90% of the stock is owned by institutional investors.

Key Headlines Impacting Alliant Energy

Here are the key news stories impacting Alliant Energy this week:

• Positive Sentiment: Long-term growth prospects remain favorable: Alliant Energy’s expanding customer base, rising utility demand and planned $13.4 billion capital investment program are expected to support revenue and earnings growth through 2029. Can Customer Growth Support Alliant Energy’s Long-Term Growth?
• Positive Sentiment: Some forward estimates increased: Zacks Research raised its Q4 2026 EPS forecast to $0.74 from $0.68, FY2026 EPS to $3.42 from $3.41, and FY2028 EPS to $4.02 from $3.98. The higher estimates may modestly improve sentiment toward Alliant’s earnings trajectory.
• Neutral Sentiment: Overall earnings outlook remains close to consensus: Zacks projects FY2026 EPS of $3.42, FY2027 EPS of $3.65 and FY2028 EPS of $4.02, compared with the current-year consensus estimate of $3.43. The changes imply gradual growth but are not a major near-term catalyst.
• Negative Sentiment: Several estimates were trimmed: Zacks reduced its Q2 2027 EPS forecast to $0.73 from $0.78, Q3 2027 to $1.26 from $1.27, and FY2027 to $3.65 from $3.68. These cuts may weigh on the stock by signaling some pressure on intermediate-term earnings expectations.

Alliant Energy Stock Performance

Shares of NASDAQ:LNT opened at $67.86 on Friday. Alliant Energy Corporation 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 1.41, a quick ratio of 0.35 and a current ratio of 0.47. The firm’s 50 day simple moving average is $73.35 and its 200-day simple moving average is $72.14. The firm has a market cap of $17.60 billion, a PE ratio of 21.47, a price-to-earnings-growth ratio of 2.58 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 11.16% and a net margin of 18.45%.The firm had revenue of $971.00 million for the quarter, compared to analyst estimates of $896.94 million. During the same quarter last year, the firm posted $0.68 earnings per share. The business’s revenue for the quarter was up 1.0% on a year-over-year basis. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. As a group, equities analysts predict that Alliant Energy Corporation will post 3.43 EPS for the current year.

Alliant Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 31st were issued a dividend of $0.535 per share. The ex-dividend date was Friday, July 31st. This represents a $2.14 dividend on an annualized basis and a yield of 3.2%. Alliant Energy’s dividend payout ratio is currently 67.72%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on LNT. BMO Capital Markets decreased their price objective on shares of Alliant Energy from $80.00 to $78.00 and set an “outperform” rating on the stock in a research report on Monday, August 3rd. Scotiabank reaffirmed 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. Weiss Ratings downgraded Alliant Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, July 28th. TD Cowen began coverage on shares of Alliant Energy in a research note on Tuesday, July 7th. They issued a “hold” rating and a $83.00 price objective for the company. Finally, Mizuho cut their target price on Alliant Energy from $76.00 to $75.00 and set a “neutral” rating on the stock in a research report on Monday, August 3rd. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $76.82.

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.