Alliant Energy (NASDAQ:LNT) Hits New 12-Month High – Here’s What Happened

Shares of Alliant Energy Corporation (NASDAQ:LNT) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $72.68 and last traded at $72.4820, with a volume of 261651 shares. The stock had previously closed at $71.57.

Trending Headlines about Alliant Energy

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

• Positive Sentiment: RBC Capital initiated coverage of Alliant Energy with an “outperform” — a fresh buy-side endorsement that can attract flows and lift sentiment. RBC Initiates Coverage
• Positive Sentiment: Zacks Research has nudged several estimates higher — including Q2 2027 (to ~$0.79), FY2027 (~$3.71) and FY2028 (~$3.96) — implying modestly stronger medium‑term earnings expectations that support valuation. (Zacks research notes)
• Positive Sentiment: Travero, a Travero (Alliant subsidiary), sold Logistics Park Dubuque to LOGISTEC; the transaction (advised by RJM & Company) should generate cash/cleanup of non‑core assets and could be used for deleveraging or reinvestment. RJM Advises Travero on Sale
• Neutral Sentiment: Short‑interest reports show large “increases” but list 0 shares and NaN changes — this appears to be a data/error artifact and provides no actionable signal on bearish positioning.
• Negative Sentiment: Zacks also trimmed several near‑term estimates (Q1 2026, Q4 2026) and cut FY2026 slightly — these reductions introduce some near‑term earnings risk and can temper upside if operational headwinds persist. (Zacks research notes)

Analyst Ratings Changes

Several brokerages have weighed in on LNT. Wells Fargo & Company reissued an “overweight” rating and set a $75.00 price objective on shares of Alliant Energy in a report on Sunday, February 22nd. UBS Group set a $75.00 target price on Alliant Energy and gave the company a “buy” rating in a research note on Wednesday, December 17th. Wolfe Research reaffirmed an “outperform” rating and set a $76.00 price target on shares of Alliant Energy in a research report on Monday, December 1st. BMO Capital Markets reiterated an “outperform” rating and set a $78.00 price target (up from $72.00) on shares of Alliant Energy in a research note on Monday, February 23rd. Finally, Royal Bank Of Canada initiated coverage on Alliant Energy in a research note on Wednesday. They issued an “outperform” rating and a $82.00 price objective on the stock. Nine analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $75.33.

Alliant Energy Trading Up 1.7%

The firm has a 50-day simple moving average of $68.49 and a 200-day simple moving average of $67.12. The company has a quick ratio of 0.66, a current ratio of 0.80 and a debt-to-equity ratio of 1.49. The stock has a market cap of $18.71 billion, a PE ratio of 23.08, a P/E/G ratio of 2.90 and a beta of 0.66.

Alliant Energy (NASDAQ:LNT) last released its quarterly earnings data on Friday, February 20th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02. Alliant Energy had a return on equity of 11.51% and a net margin of 18.57%.The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $673.11 million. During the same period in the previous year, the company posted $0.70 EPS. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. Equities analysts forecast that Alliant Energy Corporation will post 3.23 earnings per share for the current year.

Alliant Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, January 30th were issued a $0.535 dividend. The ex-dividend date of this dividend was Friday, January 30th. This is a positive change from Alliant Energy’s previous quarterly dividend of $0.51. This represents a $2.14 dividend on an annualized basis and a dividend yield of 2.9%. Alliant Energy’s payout ratio is currently 67.94%.

Hedge Funds Weigh In On Alliant Energy

Several hedge funds have recently bought and sold shares of LNT. Measured Wealth Private Client Group LLC purchased a new stake in Alliant Energy in the 3rd quarter worth approximately $27,000. Country Trust Bank bought a new position in shares of Alliant Energy in the second quarter worth $30,000. MRP Capital Investments LLC bought a new position in shares of Alliant Energy in the third quarter worth $35,000. Hantz Financial Services Inc. raised its position in shares of Alliant Energy by 256.7% in 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. Finally, Capital A Wealth Management LLC raised its position in shares of Alliant Energy by 5,709.1% in the second quarter. Capital A Wealth Management LLC now owns 639 shares of the company’s stock worth $39,000 after buying an additional 628 shares in the last quarter. Hedge funds and other institutional investors own 79.90% of the company’s stock.

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.