GSA Capital Partners LLP Acquires Shares of 11,759 Alliant Energy Corporation $LNT

GSA Capital Partners LLP acquired a new stake in Alliant Energy Corporation (NASDAQ:LNT) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 11,759 shares of the company’s stock, valued at approximately $897,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in LNT. Cedar Mountain Advisors LLC bought a new stake in Alliant Energy in the 2nd quarter valued at $26,000. Clearstead Trust LLC bought a new position in Alliant Energy during the second quarter worth $27,000. Measured Wealth Private Client Group LLC bought a new position in Alliant Energy during the third quarter worth $27,000. Western Wealth Management LLC acquired a new position in shares of Alliant Energy in the first quarter valued at $41,000. Finally, Caitong International Asset Management Co. Ltd increased its holdings in shares of Alliant Energy by 235.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 634 shares of the company’s stock valued at $41,000 after purchasing an additional 445 shares during the last quarter. 79.90% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. TD Cowen assumed coverage on shares of Alliant Energy in a research report on Tuesday, July 7th. They issued a “hold” rating and a $83.00 price objective on the stock. Scotiabank reaffirmed a “sector perform” rating and set a $74.00 target price (up from $72.00) on shares of Alliant Energy in a report on Monday, May 4th. Wells Fargo & Company reiterated an “overweight” rating and issued a $76.00 price target on shares of Alliant Energy in a research note on Tuesday, April 21st. BMO Capital Markets lowered their price target on shares of Alliant Energy from $80.00 to $78.00 and set an “outperform” rating on the stock in a report on Monday, August 3rd. Finally, Mizuho cut their price objective on shares of Alliant Energy from $76.00 to $75.00 and set a “neutral” rating for the company in a research report on Monday, August 3rd. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $76.82.

Alliant Energy Stock Down 0.5%

LNT stock opened at $69.98 on Wednesday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.47 and a quick ratio of 0.35. The stock has a market capitalization of $18.15 billion, a price-to-earnings ratio of 22.15, a PEG ratio of 2.62 and a beta of 0.55. The business’s fifty day moving average price is $73.58 and its two-hundred day moving average price is $72.11. Alliant Energy Corporation has a fifty-two week low of $63.28 and a fifty-two week high of $78.81.

Alliant Energy (NASDAQ:LNT) last posted its earnings results on Thursday, July 30th. The company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.07. The company had revenue of $971.00 million during the quarter, compared to the consensus estimate 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 earned $0.68 earnings per share. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. On average, equities analysts anticipate that Alliant Energy Corporation will post 3.43 earnings per share for the current year.

Alliant Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Shareholders 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 yield of 3.1%. Alliant Energy’s payout ratio is 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.