Alliant Energy (NASDAQ:LNT) Stock Rating Upgraded by Wall Street Zen

Alliant Energy (NASDAQ:LNT) was upgraded by Wall Street Zen from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Several other analysts have also issued reports on LNT. BMO Capital Markets cut their price objective on Alliant Energy from $83.00 to $80.00 and set an “outperform” rating for the company in a report on Wednesday, July 22nd. Barclays set a $74.00 target price on Alliant Energy and gave the stock an “equal weight” rating in a research report on Wednesday, April 15th. Scotiabank reaffirmed a “sector perform” rating and set a $74.00 price target (up from $72.00) on shares of Alliant Energy in a research note on Monday, May 4th. Mizuho set a $76.00 price target on Alliant Energy in a report on Monday, May 4th. Finally, TD Cowen assumed coverage on Alliant Energy in a report on Tuesday, July 7th. They set a “hold” rating and a $83.00 price target for the company. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $77.09.

Alliant Energy Price Performance

LNT stock opened at $70.78 on Friday. Alliant Energy has a 12-month low of $63.28 and a 12-month high of $78.81. The company has a quick ratio of 0.53, a current ratio of 0.47 and a debt-to-equity ratio of 1.41. The company has a market cap of $18.28 billion, a price-to-earnings ratio of 22.40, a PEG ratio of 2.63 and a beta of 0.55. The company has a 50 day moving average of $74.09 and a two-hundred day moving average of $71.86.

Alliant Energy (NASDAQ:LNT) last issued its earnings results on Thursday, July 30th. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. Alliant Energy had a net margin of 18.45% and a return on equity of 11.16%. The company had revenue of $971.00 million during the quarter, compared to analyst estimates of $896.94 million. During the same quarter last year, the business posted $0.68 EPS. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. On average, equities analysts anticipate that Alliant Energy will post 3.43 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Alliant Energy

Several institutional investors have recently bought and sold shares of LNT. Annex Advisory Services LLC boosted its stake in shares of Alliant Energy by 2.2% during the 2nd quarter. Annex Advisory Services LLC now owns 10,112 shares of the company’s stock worth $771,000 after acquiring an additional 215 shares in the last quarter. Accel Wealth Management increased its holdings in shares of Alliant Energy by 17.4% during the 2nd quarter. Accel Wealth Management now owns 8,972 shares of the company’s stock valued at $684,000 after acquiring an additional 1,331 shares during the last quarter. Tema ETFs LLC raised its stake in shares of Alliant Energy by 6.6% in the 2nd quarter. Tema ETFs LLC now owns 2,336 shares of the company’s stock valued at $178,000 after acquiring an additional 145 shares in the last quarter. Great Waters Wealth Management raised its stake in shares of Alliant Energy by 5.8% in the 2nd quarter. Great Waters Wealth Management now owns 3,647 shares of the company’s stock valued at $278,000 after acquiring an additional 200 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. lifted its holdings in Alliant Energy by 9.4% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 54,277 shares of the company’s stock worth $4,141,000 after purchasing an additional 4,669 shares during the last quarter. 79.90% of the stock is currently owned by institutional investors.

Key Stories Impacting Alliant Energy

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

• Positive Sentiment: Second-quarter adjusted earnings reportedly exceeded Wall Street expectations, supported by higher rates in Iowa and Wisconsin and growing electricity demand from data centers. Alliant Energy beats quarterly profit estimates on higher rates, data center demand
• Positive Sentiment: Revenue increased 1% year over year to $971 million, exceeding some analyst estimates, indicating continued demand and rate-related revenue benefits. Alliant Energy Announces Second Quarter 2026 Results
• Positive Sentiment: Alliant Energy reaffirmed its 2026 ongoing EPS guidance of $3.36 to $3.46 and said earnings are trending toward the upper half of the range, helping support the outlook for future earnings growth. Alliant Energy Announces Second Quarter 2026 Results
• Neutral Sentiment: Reported GAAP EPS was $0.65, compared with $0.68 a year earlier. Results were characterized differently depending on the benchmark: some estimates showed a modest miss, while other consensus figures indicated a beat. Alliant Energy misses Q2 earnings and revenue estimates
• Negative Sentiment: Higher operating costs and warmer weather pressured profitability, contributing to lower year-over-year GAAP earnings despite higher revenue. The mixed earnings comparisons may limit near-term enthusiasm for LNT stock. Alliant Energy Q2 Earnings Lag Estimates, Revenues Increase Year Over Year

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.