7,112 Shares in Alliant Energy Corporation $LNT Acquired by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC acquired a new stake in shares of Alliant Energy Corporation (NASDAQ:LNT) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 7,112 shares of the company’s stock, valued at approximately $543,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Delta Global Management LP bought a new position in Alliant Energy during the first quarter valued at about $2,512,000. Merit Financial Group LLC boosted its stake in shares of Alliant Energy by 271.7% during the 4th quarter. Merit Financial Group LLC now owns 44,187 shares of the company’s stock worth $2,873,000 after acquiring an additional 32,300 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Alliant Energy by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 33,785,294 shares of the company’s stock worth $2,196,382,000 after acquiring an additional 383,612 shares in the last quarter. Pictet Asset Management Holding SA increased its holdings in shares of Alliant Energy by 5.6% during 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 acquiring an additional 215,188 shares during the last quarter. Finally, Nicholas Company Inc. bought a new position in shares of Alliant Energy in the 4th quarter valued at approximately $5,736,000. 79.90% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Alliant Energy Price Performance

NASDAQ LNT opened at $70.35 on Tuesday. The stock has a 50-day simple moving average of $73.62 and a 200 day simple moving average of $72.09. Alliant Energy Corporation has a twelve month low of $63.28 and a twelve month high of $78.81. The stock has a market capitalization of $18.24 billion, a PE ratio of 22.26, a P/E/G ratio of 2.62 and a beta of 0.55. 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:LNT) last released its earnings results on Thursday, July 30th. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 return on equity of 11.16% and a net margin of 18.45%.The company’s revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.68 EPS. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Research analysts anticipate that Alliant Energy Corporation will post 3.43 EPS for the current year.

Alliant Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders 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 3.0%. Alliant Energy’s dividend payout ratio (DPR) is presently 67.72%.

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.