Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Alliant Energy Corporation (NASDAQ:LNT)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Alliant Energy Corporation (NASDAQ:LNT). In a filing disclosed on November 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alliant Energy stock on October 20th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of BridgeBio Pharma NASDAQ: BBIO on 11/2/2026.
• Purchased $1,001 - $15,000 in shares of argenex NASDAQ: ARGX on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Illumina NASDAQ: ILMN on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Revvity NYSE: RVTY on 10/27/2026.
• Sold $15,001 - $50,000 in shares of PTC NASDAQ: PTC on 10/27/2026.
• Purchased $1,001 - $15,000 in shares of BridgeBio Pharma NASDAQ: BBIO on 10/27/2026.
• Purchased $1,001 - $15,000 in shares of MACOM Technology Solutions NASDAQ: MTSI on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Micron Solutions OTCMKTS: MICR on 10/21/2026.
• Sold $1,001 - $15,000 in shares of Ciena NYSE: CIEN on 10/21/2026.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 10/21/2026.

Alliant Energy Trading Up 0.5%

NASDAQ:LNT opened at $73.62 on Thursday. The firm has a market cap of $19.09 billion, a P/E ratio of 20.51, a PEG ratio of 3.08 and a beta of 0.51. The company has a current ratio of 0.51, a quick ratio of 0.38 and a debt-to-equity ratio of 1.42. The stock's 50 day simple moving average is $67.76 and its 200-day simple moving average is $70.72. Alliant Energy Corporation has a 12-month low of $62.54 and a 12-month high of $78.81.

Alliant Energy (NASDAQ:LNT - Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.21. The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.26 billion. Alliant Energy had a return on equity of 12.43% and a net margin of 20.74%. The company's revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the company earned $1.12 earnings per share. Equities analysts anticipate that Alliant Energy Corporation will post 3.43 EPS for the current year.

Alliant Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, October 30th will be paid a $0.5350 dividend. This represents a $2.14 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Friday, October 30th. Alliant Energy's dividend payout ratio (DPR) is 59.61%.

Hedge Funds Weigh In On Alliant Energy

Large investors have recently added to or reduced their stakes in the business. Delta Global Management LP acquired a new position in Alliant Energy in the first quarter valued at $2,512,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Alliant Energy in the second quarter worth $47,562,000. National Pension Service increased its position in shares of Alliant Energy by 92.1% in the second quarter. National Pension Service now owns 37,458 shares of the company's stock worth $2,858,000 after acquiring an additional 17,961 shares in the last quarter. Nykredit A S acquired a new position in shares of Alliant Energy during the 2nd quarter valued at $1,171,000. Finally, Hsbc Holdings PLC lifted its holdings in shares of Alliant Energy by 13.7% during the 2nd quarter. Hsbc Holdings PLC now owns 457,996 shares of the company's stock valued at $34,998,000 after acquiring an additional 55,229 shares in the last quarter. 79.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on LNT shares. BMO Capital Markets reaffirmed an "outperform" rating and set a $75.00 price objective on shares of Alliant Energy in a report on Wednesday, October 14th. Barclays set a $68.00 target price on Alliant Energy and gave the company an "equal weight" rating in a report on Tuesday, October 13th. Wall Street Zen raised shares of Alliant Energy from a "strong sell" rating to a "sell" rating in a report on Sunday. Royal Bank Of Canada set a $75.00 target price on shares of Alliant Energy in a report on Wednesday, October 14th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Alliant Energy in a research report on Monday, October 26th. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $75.23.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Alliant Energy Company Profile

Alliant Energy Corporation is a regulated utility holding company that provides electric and natural gas services through its subsidiaries, Interstate Power and Light Company and Wisconsin Power and Light Company. Its service territory includes communities across Iowa and Wisconsin. The company's operations include generating, transmitting and distributing electricity, as well as distributing natural gas. Its energy portfolio includes a mix of resources, including wind and solar power, natural gas and other generation sources.

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