Alliant Energy Corporation (NASDAQ:LNT) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Analysts maintain a “Moderate Buy” consensus on Alliant Energy, with nine buy ratings and five holds among 14 firms. The average 12-month price target is $77, above the stock’s reported $64.97 opening price.
• Alliant Energy exceeded quarterly expectations, reporting $0.65 EPS versus the $0.58 consensus and revenue of $971 million against estimates of $896.94 million. Management issued fiscal 2026 EPS guidance of $3.36–$3.46.
• The utility pays a quarterly dividend of $0.535 per share, or $2.14 annualized, representing a 3.3% yield; institutional investors and hedge funds own 79.9% of the stock.

Shares of Alliant Energy Corporation (NASDAQ:LNT - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the fourteen research firms that are covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $77.00.

Several research firms have recently commented on LNT. Wall Street Zen raised Alliant Energy from a "strong sell" rating to a "sell" rating in a research report on Sunday. Mizuho lowered their price objective on Alliant Energy from $76.00 to $75.00 and set a "neutral" rating on the stock in a research report on Monday, August 3rd. TD Cowen initiated coverage on Alliant Energy in a report on Tuesday, July 7th. They set a "hold" rating and a $83.00 target price for the company. Weiss Ratings cut shares of Alliant Energy from a "buy (b+)" rating to a "buy (b)" rating in a research report on Tuesday, July 28th. Finally, BMO Capital Markets decreased their price target 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.

Institutional Investors Weigh In On Alliant Energy

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cedar Mountain Advisors LLC bought a new position in Alliant Energy during the 2nd quarter worth $26,000. Clearstead Trust LLC bought a new stake in shares of Alliant Energy during the 2nd quarter valued at $27,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Alliant Energy during the 2nd quarter valued at $32,000. Continuum Advisory LLC acquired a new stake in shares of Alliant Energy during the 2nd quarter worth $40,000. Finally, Fortress Financial Group LLC acquired a new stake in shares of Alliant Energy during the 2nd quarter worth $2,063,000. 79.90% of the stock is currently owned by institutional investors and hedge funds.

Alliant Energy Stock Down 1.0%

LNT stock opened at $64.97 on Tuesday. Alliant Energy has a 1-year low of $63.70 and a 1-year high of $78.81. The business's 50 day simple moving average is $69.93 and its 200 day simple moving average is $71.83. The company has a current ratio of 0.47, a quick ratio of 0.35 and a debt-to-equity ratio of 1.41. The firm has a market capitalization of $16.85 billion, a PE ratio of 20.56, a PEG ratio of 2.76 and a beta of 0.54.

Alliant Energy (NASDAQ:LNT - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.07. The firm had revenue of $971.00 million during the quarter, compared to analysts' expectations of $896.94 million. Alliant Energy had a net margin of 18.45% and a return on equity of 11.16%. The company's revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.68 earnings per share. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. As a group, research analysts anticipate that Alliant Energy will post 3.43 EPS for the current year.

Alliant Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 31st were given a dividend of $0.535 per share. This represents a $2.14 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Friday, July 31st. Alliant Energy's dividend payout ratio is presently 67.72%.

About Alliant Energy

Alliant Energy Corporation is a regulated utility holding company that provides electricity and natural gas services through its operating subsidiaries, Interstate Power and Light Company and Wisconsin Power and Light Company.

The company generates and distributes electricity to residential, commercial, and industrial customers, and provides natural gas distribution services. Its energy portfolio includes a growing mix of renewable generation, along with traditional power-generation resources and transmission and distribution infrastructure.

Alliant Energy primarily serves customers in Wisconsin and Iowa.

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