Greenland Capital Management LP Makes New $8.43 Million Investment in Alliant Energy Corporation $LNT

Greenland Capital Management LP bought a new stake in Alliant Energy Corporation (NASDAQ:LNTFree Report) during the 2nd quarter, Holdings Channel reports. The firm bought 110,522 shares of the company’s stock, valued at approximately $8,432,000. Alliant Energy accounts for about 1.0% of Greenland Capital Management LP’s portfolio, making the stock its 17th largest holding.

Other institutional investors have also modified their holdings of the company. Delta Global Management LP purchased a new position in Alliant Energy in the first quarter valued at about $2,512,000. Vanguard Group Inc. lifted its position in shares of Alliant Energy by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 33,785,294 shares of the company’s stock valued at $2,196,382,000 after acquiring an additional 383,612 shares in the last quarter. Pictet Asset Management Holding SA lifted its holdings in Alliant Energy by 5.6% in the 4th quarter. Pictet Asset Management Holding SA now owns 4,067,962 shares of the company’s stock valued at $264,458,000 after purchasing an additional 215,188 shares in the last quarter. Nicholas Company Inc. purchased a new position in shares of Alliant Energy during the fourth quarter valued at approximately $5,736,000. Finally, Reaves W H & Co. Inc. boosted its holdings in shares of Alliant Energy by 71.8% during the fourth quarter. Reaves W H & Co. Inc. now owns 3,057,253 shares of the company’s stock worth $198,752,000 after purchasing an additional 1,278,166 shares during the last quarter. Institutional investors and hedge funds own 79.90% of the company’s stock.

Key Stories 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 Down 2.3%

Shares of NASDAQ:LNT opened at $67.86 on Friday. The stock has a 50-day simple moving average of $73.35 and a 200-day simple moving average of $72.14. The stock has a market capitalization of $17.60 billion, a P/E ratio of 21.47, a PEG ratio of 2.52 and a beta of 0.55. Alliant Energy Corporation has a 1 year low of $63.28 and a 1 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.

Alliant Energy (NASDAQ:LNTGet Free Report) last posted 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. The firm had revenue of $971.00 million for the quarter, compared to analyst estimates of $896.94 million. Alliant Energy had a net margin of 18.45% and a return on equity of 11.16%. Alliant Energy’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.68 earnings per share. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Equities analysts forecast that Alliant Energy Corporation will post 3.43 earnings per share for the current year.

Alliant Energy Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Wall Street Zen cut shares of Alliant Energy from a “hold” rating to a “sell” rating in a research report on Sunday, August 9th. TD Cowen assumed coverage on shares of Alliant Energy in a research report on Tuesday, July 7th. They set a “hold” rating and a $83.00 price target for the company. BMO Capital Markets cut their price target on shares of Alliant Energy from $80.00 to $78.00 and set an “outperform” rating on the stock in a research note on Monday, August 3rd. Weiss Ratings downgraded shares of Alliant Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, July 28th. Finally, Scotiabank reiterated a “sector perform” rating and issued a $74.00 price target (up from $72.00) on shares of Alliant Energy in a report on Monday, May 4th. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Alliant Energy currently has a consensus rating of “Moderate Buy” and an average price target of $76.82.

Read Our Latest Stock Report on LNT

About Alliant Energy

(Free Report)

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.

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Institutional Ownership by Quarter for Alliant Energy (NASDAQ:LNT)

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