Alliant Energy Corporation $LNT Holdings Raised by National Pension Service

National Pension Service lifted its position in shares of Alliant Energy Corporation (NASDAQ:LNT) by 92.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 37,458 shares of the company’s stock after acquiring an additional 17,961 shares during the quarter. National Pension Service’s holdings in Alliant Energy were worth $2,858,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Engineers Gate Manager LP boosted its holdings in Alliant Energy by 672.2% in the second quarter. Engineers Gate Manager LP now owns 98,507 shares of the company’s stock worth $7,515,000 after purchasing an additional 85,751 shares during the period. Integrated Wealth Concepts LLC raised its holdings in shares of Alliant Energy by 14.5% during the second quarter. Integrated Wealth Concepts LLC now owns 8,138 shares of the company’s stock worth $621,000 after purchasing an additional 1,032 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Alliant Energy by 6.4% during the second quarter. NewEdge Advisors LLC now owns 25,462 shares of the company’s stock worth $1,942,000 after purchasing an additional 1,542 shares during the period. IFP Advisors Inc lifted its position in shares of Alliant Energy by 8.6% in the 2nd quarter. IFP Advisors Inc now owns 10,639 shares of the company’s stock worth $812,000 after buying an additional 841 shares during the last quarter. Finally, Squarepoint Ops LLC lifted its position in shares of Alliant Energy by 18.8% in the 2nd quarter. Squarepoint Ops LLC now owns 1,345,323 shares of the company’s stock worth $102,635,000 after buying an additional 212,421 shares during the last quarter. 79.90% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on LNT. BMO Capital Markets lowered their price objective on shares of Alliant Energy from $80.00 to $78.00 and set an “outperform” rating for the company in a research report on Monday, August 3rd. Jefferies Financial Group reissued a “buy” rating and issued a $80.00 target price on shares of Alliant Energy in a report on Thursday, August 27th. Weiss Ratings downgraded Alliant Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, July 28th. Wall Street Zen lowered Alliant Energy from a “sell” rating to a “strong sell” rating in a report on Saturday. Finally, TD Cowen started coverage on Alliant Energy in a report on Tuesday, July 7th. They issued a “hold” rating and a $83.00 price target on the stock. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $77.00.

Alliant Energy Stock Performance

Shares of LNT opened at $67.26 on Monday. The firm has a fifty day moving average of $71.19 and a 200-day moving average of $72.08. The company has a market cap of $17.44 billion, a price-to-earnings ratio of 21.28, a price-to-earnings-growth ratio of 2.83 and a beta of 0.54. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.35 and a current ratio of 0.47. Alliant Energy Corporation has a 1 year low of $63.28 and a 1 year high of $78.81.

Alliant Energy (NASDAQ:LNT) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.07. The business had revenue of $971.00 million for the quarter, compared to analysts’ expectations of $896.94 million. Alliant Energy had a net margin of 18.45% and a return on equity of 11.16%. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.68 EPS. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. As a group, equities analysts anticipate that Alliant Energy Corporation will post 3.42 earnings per share for the current year.

Alliant Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 31st were paid a $0.535 dividend. The ex-dividend date was Friday, July 31st. This represents a $2.14 annualized dividend and a dividend yield of 3.2%. Alliant Energy’s dividend payout ratio (DPR) is presently 67.72%.

Alliant Energy Profile

Alliant Energy Corporation is a regulated utility holding company that provides electricity and natural gas services through its operating subsidiaries, Interstate Power and Light Company and Wisconsin Power and Light Company.

The company generates and distributes electricity to residential, commercial, and industrial customers, and provides natural gas distribution services. Its energy portfolio includes a growing mix of renewable generation, along with traditional power-generation resources and transmission and distribution infrastructure.

Alliant Energy primarily serves customers in Wisconsin and Iowa.