OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduces Stock Position in Alliant Energy Corporation $LNT

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its holdings in Alliant Energy Corporation (NASDAQ:LNT) by 26.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 224,205 shares of the company’s stock after selling 78,775 shares during the period. Alliant Energy makes up about 1.6% of OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s portfolio, making the stock its 13th biggest holding. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Alliant Energy were worth $14,576,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new stake in shares of Alliant Energy during the third quarter worth approximately $27,000. MRP Capital Investments LLC acquired a new stake in Alliant Energy in the third quarter valued at $35,000. Caitong International Asset Management Co. Ltd boosted its stake in Alliant Energy by 235.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 634 shares of the company’s stock valued at $41,000 after acquiring an additional 445 shares during the last quarter. MUFG Securities EMEA plc bought a new position in Alliant Energy during the 2nd quarter valued at $46,000. Finally, Fideuram Asset Management Ireland dac bought a new position in Alliant Energy during the 4th quarter valued at $51,000. 79.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

LNT has been the subject of several research analyst reports. BMO Capital Markets set a $81.00 target price on shares of Alliant Energy in a research report on Monday, May 4th. Mizuho set a $76.00 price target on shares of Alliant Energy in a research report on Monday, May 4th. Royal Bank Of Canada initiated coverage on Alliant Energy in a research note on Wednesday, March 11th. They issued an “outperform” rating and a $82.00 price target for the company. Barclays set a $74.00 price objective on Alliant Energy and gave the company an “equal weight” rating in a report on Wednesday, April 15th. Finally, Wall Street Zen upgraded Alliant Energy from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 9th. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Alliant Energy currently has an average rating of “Moderate Buy” and an average price target of $76.60.

Alliant Energy Price Performance

Shares of NASDAQ LNT opened at $72.97 on Friday. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.69 and a quick ratio of 0.53. The firm has a market capitalization of $18.85 billion, a PE ratio of 22.87, a P/E/G ratio of 2.98 and a beta of 0.56. Alliant Energy Corporation has a 1-year low of $59.82 and a 1-year high of $75.76. The business’s fifty day moving average price is $72.46 and its two-hundred day moving average price is $69.77.

Alliant Energy (NASDAQ:LNT) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.82 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.82. The company had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.08 billion. Alliant Energy had a net margin of 18.58% and a return on equity of 11.37%. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 earnings per share. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. On average, research analysts expect that Alliant Energy Corporation will post 3.43 EPS for the current year.

Alliant Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were paid a dividend of $0.535 per share. This represents a $2.14 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Thursday, April 30th. Alliant Energy’s payout ratio is presently 67.08%.

Alliant Energy 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.