Alliant Energy (NASDAQ:LNT) Sees Unusually-High Trading Volume – What’s Next?

Alliant Energy Corporation (NASDAQ:LNT) shares saw unusually-strong trading volume on Thursday . Approximately 3,388,588 shares were traded during mid-day trading, an increase of 27% from the previous session’s volume of 2,665,170 shares.The stock last traded at $71.6790 and had previously closed at $71.26.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Mizuho set a $73.00 price objective on Alliant Energy in a research report on Monday. Argus reiterated a “hold” rating on shares of Alliant Energy in a report on Friday, January 9th. Wells Fargo & Company reissued an “overweight” rating and issued a $75.00 price objective on shares of Alliant Energy in a research report on Sunday, February 22nd. Barclays upgraded shares of Alliant Energy from an “underweight” rating to an “equal weight” rating and raised their price objective for the company from $65.00 to $67.00 in a report on Wednesday, January 21st. Finally, UBS Group set a $75.00 target price on shares of Alliant Energy and gave the stock a “buy” rating in a research note on Wednesday, December 17th. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $74.50.

Alliant Energy Stock Performance

The company has a current ratio of 0.80, a quick ratio of 0.70 and a debt-to-equity ratio of 1.49. The firm’s fifty day moving average price is $67.33 and its 200-day moving average price is $66.74. The firm has a market cap of $18.60 billion, a price-to-earnings ratio of 22.97, a PEG ratio of 2.93 and a beta of 0.67.

Alliant Energy (NASDAQ:LNT) last announced its quarterly earnings results on Thursday, February 19th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.58 by $0.02. Alliant Energy had a net margin of 18.57% and a return on equity of 11.51%. The firm had revenue of $1.06 billion for the quarter, compared to analyst estimates of $673.11 million. During the same period last year, the business earned $0.70 EPS. Alliant Energy’s revenue for the quarter was up 9.0% compared to the same quarter last year. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Analysts expect that Alliant Energy Corporation will post 3.23 earnings per share for the current year.

Alliant Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, January 30th were given a $0.535 dividend. This is a boost from Alliant Energy’s previous quarterly dividend of $0.51. The ex-dividend date was Friday, January 30th. This represents a $2.14 annualized dividend and a yield of 3.0%. Alliant Energy’s payout ratio is presently 67.94%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Measured Wealth Private Client Group LLC purchased a new position in Alliant Energy in the third quarter worth $27,000. Country Trust Bank acquired a new position in shares of Alliant Energy during the 2nd quarter worth $30,000. First Horizon Advisors Inc. increased its holdings in shares of Alliant Energy by 84.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 516 shares of the company’s stock valued at $31,000 after purchasing an additional 237 shares in the last quarter. MRP Capital Investments LLC acquired a new stake in shares of Alliant Energy in the third quarter valued at about $35,000. Finally, Hantz Financial Services Inc. boosted its holdings in Alliant Energy by 256.7% during the third quarter. Hantz Financial Services Inc. now owns 560 shares of the company’s stock worth $38,000 after buying an additional 403 shares in the last quarter. Institutional investors and hedge funds own 79.90% of the company’s stock.

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.