25,625 Shares in Alliant Energy Corporation $LNT Purchased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd purchased a new position in Alliant Energy Corporation (NASDAQ:LNT) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 25,625 shares of the company’s stock, valued at approximately $1,666,000.

A number of other institutional investors also recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd raised its stake in Alliant Energy by 235.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 634 shares of the company’s stock worth $41,000 after buying an additional 445 shares in the last quarter. HITE Hedge Asset Management LLC raised its stake in Alliant Energy by 22.2% in the fourth quarter. HITE Hedge Asset Management LLC now owns 500,591 shares of the company’s stock worth $32,543,000 after buying an additional 91,062 shares in the last quarter. Cohen & Steers Inc. raised its stake in Alliant Energy by 41.7% in the fourth quarter. Cohen & Steers Inc. now owns 3,614,890 shares of the company’s stock worth $235,004,000 after buying an additional 1,063,268 shares in the last quarter. Wealthspire Advisors LLC raised its stake in Alliant Energy by 10.8% in the fourth quarter. Wealthspire Advisors LLC now owns 9,816 shares of the company’s stock worth $638,000 after buying an additional 956 shares in the last quarter. Finally, Macquarie Group Ltd. raised its stake in Alliant Energy by 2.8% in the fourth quarter. Macquarie Group Ltd. now owns 187,542 shares of the company’s stock worth $12,192,000 after buying an additional 5,108 shares in the last quarter. 79.90% of the stock is owned by institutional investors.

Alliant Energy Price Performance

Shares of NASDAQ LNT opened at $73.11 on Friday. Alliant Energy Corporation has a fifty-two week low of $59.62 and a fifty-two week high of $75.76. The company has a 50 day simple moving average of $72.42 and a two-hundred day simple moving average of $69.62. The company has a market capitalization of $18.88 billion, a price-to-earnings ratio of 22.92, a P/E/G ratio of 2.96 and a beta of 0.56. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.53 and a current ratio of 0.69.

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

Alliant Energy Announces Dividend

The firm 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. The ex-dividend date of this dividend was Thursday, April 30th. This represents a $2.14 dividend on an annualized basis and a dividend yield of 2.9%. Alliant Energy’s dividend payout ratio (DPR) is currently 67.08%.

Wall Street Analyst Weigh In

LNT has been the subject of a number of research reports. Mizuho set a $76.00 price target on shares of Alliant Energy in a research note on Monday, May 4th. Wall Street Zen raised shares of Alliant Energy from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 9th. Royal Bank Of Canada initiated coverage on shares of Alliant Energy in a research note on Wednesday, March 11th. They issued an “outperform” rating and a $82.00 price target for the company. BMO Capital Markets set a $81.00 price target on shares of Alliant Energy in a research note on Monday, May 4th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $76.00 target price on shares of Alliant Energy in a research note on Tuesday, April 21st. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Alliant Energy currently has an average rating of “Moderate Buy” and an average target price of $76.60.

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.