Alliant Energy Corporation $LNT Stake Lifted by Pacer Advisors Inc.

Pacer Advisors Inc. raised its stake in Alliant Energy Corporation (NASDAQ:LNT) by 66.3% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 36,014 shares of the company’s stock after buying an additional 14,361 shares during the quarter. Pacer Advisors Inc.’s holdings in Alliant Energy were worth $2,341,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Alliant Energy by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 33,785,294 shares of the company’s stock valued at $2,196,382,000 after acquiring an additional 383,612 shares during the period. Janus Henderson Group PLC lifted its position in Alliant Energy by 2.1% in the 4th quarter. Janus Henderson Group PLC now owns 11,134,938 shares of the company’s stock valued at $723,882,000 after purchasing an additional 223,793 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in Alliant Energy by 799.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 8,393,496 shares of the company’s stock valued at $545,662,000 after purchasing an additional 7,460,117 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Alliant Energy by 2.4% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,173,906 shares of the company’s stock valued at $466,376,000 after purchasing an additional 167,581 shares during the period. Finally, Geode Capital Management LLC boosted its stake in Alliant Energy by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 7,071,908 shares of the company’s stock valued at $458,071,000 after purchasing an additional 128,998 shares during the period. 79.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Scotiabank restated a “sector perform” rating and issued a $74.00 price target (up from $72.00) on shares of Alliant Energy in a research note on Monday, May 4th. BMO Capital Markets set a $81.00 price objective 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 report on Saturday, May 9th. Wells Fargo & Company reiterated an “overweight” rating and issued a $76.00 target price on shares of Alliant Energy in a research report on Tuesday, April 21st. Finally, Royal Bank Of Canada initiated coverage on shares of Alliant Energy in a research note on Wednesday, March 11th. They set an “outperform” rating and a $82.00 target price on the stock. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $76.60.

Alliant Energy Stock Up 1.9%

Shares of LNT stock opened at $74.57 on Wednesday. Alliant Energy Corporation has a 1 year low of $59.82 and a 1 year high of $75.76. The stock has a market cap of $19.26 billion, a PE ratio of 23.38, a price-to-earnings-growth ratio of 2.99 and a beta of 0.56. The business’s fifty day moving average is $72.48 and its 200-day moving average is $69.89. 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 posted its quarterly earnings data on Thursday, April 30th. The company reported $0.82 EPS for the quarter, hitting analysts’ consensus estimates of $0.82. Alliant Energy had a return on equity of 11.37% and a net margin of 18.58%.The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the previous year, the business earned $0.83 EPS. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Equities analysts expect that Alliant Energy Corporation will post 3.43 earnings per share for the current fiscal year.

Alliant Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were issued a $0.535 dividend. 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 dividend 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.