Westpac Banking Corp Buys New Stake in Alliant Energy Corporation $LNT

Westpac Banking Corp purchased a new stake in Alliant Energy Corporation (NASDAQ:LNT) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 17,945 shares of the company’s stock, valued at approximately $1,369,000.

Several other large investors have also modified their holdings of the company. Delta Global Management LP purchased a new position in Alliant Energy in the first quarter worth $2,512,000. Vanguard Group Inc. raised its position in Alliant Energy by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 33,785,294 shares of the company’s stock worth $2,196,382,000 after acquiring an additional 383,612 shares during the last quarter. Pictet Asset Management Holding SA raised its position in shares of Alliant Energy by 5.6% during the 4th quarter. Pictet Asset Management Holding SA now owns 4,067,962 shares of the company’s stock worth $264,458,000 after purchasing an additional 215,188 shares during the last quarter. Nicholas Company Inc. acquired a new position in shares of Alliant Energy in the fourth quarter worth $5,736,000. Finally, Reaves W H & Co. Inc. lifted its holdings in Alliant Energy by 71.8% in the 4th quarter. Reaves W H & Co. Inc. now owns 3,057,253 shares of the company’s stock valued at $198,752,000 after purchasing an additional 1,278,166 shares in the last quarter. 79.90% of the stock is owned by institutional investors and hedge funds.

More Alliant Energy News

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

• Positive Sentiment: Long-term growth prospects remain favorable: Alliant Energy’s expanding customer base, rising utility demand and planned $13.4 billion capital investment program are expected to support revenue and earnings growth through 2029. Can Customer Growth Support Alliant Energy’s Long-Term Growth?
• Positive Sentiment: Some forward estimates increased: Zacks Research raised its Q4 2026 EPS forecast to $0.74 from $0.68, FY2026 EPS to $3.42 from $3.41, and FY2028 EPS to $4.02 from $3.98. The higher estimates may modestly improve sentiment toward Alliant’s earnings trajectory.
• Neutral Sentiment: Overall earnings outlook remains close to consensus: Zacks projects FY2026 EPS of $3.42, FY2027 EPS of $3.65 and FY2028 EPS of $4.02, compared with the current-year consensus estimate of $3.43. The changes imply gradual growth but are not a major near-term catalyst.
• Negative Sentiment: Several estimates were trimmed: Zacks reduced its Q2 2027 EPS forecast to $0.73 from $0.78, Q3 2027 to $1.26 from $1.27, and FY2027 to $3.65 from $3.68. These cuts may weigh on the stock by signaling some pressure on intermediate-term earnings expectations.

Alliant Energy Trading Down 2.3%

Shares of LNT stock opened at $67.86 on Friday. The firm’s 50-day simple moving average is $73.35 and its 200-day simple moving average is $72.14. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.47 and a quick ratio of 0.35. Alliant Energy Corporation has a 1-year low of $63.28 and a 1-year high of $78.81. The firm has a market cap of $17.60 billion, a P/E ratio of 21.47, a PEG ratio of 2.52 and a beta of 0.55.

Alliant Energy (NASDAQ:LNT) last released 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. The firm had revenue of $971.00 million during the quarter, compared to the consensus estimate of $896.94 million. Alliant Energy had a net margin of 18.45% and a return on equity of 11.16%. Alliant Energy’s revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.68 earnings per share. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. As a group, equities analysts forecast that Alliant Energy Corporation will post 3.43 EPS for the current year.

Alliant Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 31st were issued a dividend of $0.535 per share. This represents a $2.14 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Friday, July 31st. Alliant Energy’s dividend payout ratio is presently 67.72%.

Wall Street Analyst Weigh In

Several research firms have issued reports on LNT. 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. Weiss Ratings lowered shares of Alliant Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, July 28th. BMO Capital Markets reduced their price objective on shares of Alliant Energy from $80.00 to $78.00 and set an “outperform” rating on the stock in a research note on Monday, August 3rd. Mizuho decreased their target price on shares of Alliant Energy from $76.00 to $75.00 and set a “neutral” rating on the stock in a research report on Monday, August 3rd. Finally, TD Cowen initiated coverage on shares of Alliant Energy in a research note on Tuesday, July 7th. They issued a “hold” rating and a $83.00 target price for the company. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $76.82.

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.