25,065 Alliant Energy Corporation $LNT Shares Sold by Carnegie Investment Counsel

Key Points

• Carnegie Investment Counsel reduced its Alliant Energy stake by 3.9%, selling 25,065 shares and retaining 624,312 shares valued at approximately $37.8 million. Institutional investors collectively own 79.9% of the company.
• Alliant Energy reported quarterly earnings of $0.65 per share, exceeding analyst expectations of $0.58, while revenue rose 1% year over year to $971 million. The company’s fiscal 2026 EPS guidance is $3.36–$3.46.
• The utility declared a quarterly dividend of $0.535 per share, equivalent to $2.14 annually and a 3.1% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $75.20, compared with a recent share price of $68.27.

Carnegie Investment Counsel lowered its stake in shares of Alliant Energy Corporation (NASDAQ:LNT - Free Report) by 3.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 624,312 shares of the company's stock after selling 25,065 shares during the quarter. Carnegie Investment Counsel owned 0.24% of Alliant Energy worth $37,753,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of LNT. Delta Global Management LP bought a new stake in shares of Alliant Energy during the first quarter worth $2,512,000. The Manufacturers Life Insurance Company purchased a new stake in shares of Alliant Energy during the second quarter valued at $47,562,000. National Pension Service increased its stake in Alliant Energy by 92.1% in the 2nd quarter. National Pension Service now owns 37,458 shares of the company's stock worth $2,858,000 after buying an additional 17,961 shares during the period. Nykredit A S purchased a new position in Alliant Energy in the 2nd quarter worth about $1,171,000. Finally, Hsbc Holdings PLC lifted its holdings in 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 buying an additional 55,229 shares in the last quarter. Hedge funds and other institutional investors own 79.90% of the company's stock.

Alliant Energy Trading Up 2.1%

LNT opened at $68.27 on Wednesday. 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 cap of $17.70 billion, a price-to-earnings ratio of 21.60, a PEG ratio of 2.82 and a beta of 0.52. Alliant Energy Corporation has a 12 month low of $62.54 and a 12 month high of $78.81. The stock has a fifty day moving average price of $66.95 and a 200-day moving average price of $70.97.

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

Alliant Energy Announces Dividend

The company 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 yield of 3.1%. The ex-dividend date is Friday, October 30th. Alliant Energy's dividend payout ratio (DPR) is 67.72%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on LNT shares. Royal Bank Of Canada set a $75.00 target price on shares of Alliant Energy in a research note on Wednesday, October 14th. Mizuho reduced 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. TD Cowen initiated coverage on shares of Alliant Energy in a research note on Tuesday, July 7th. They set a "hold" rating and a $83.00 price target for the company. Barclays set a $68.00 price target on shares of Alliant Energy and gave the company an "equal weight" rating in a research note on Tuesday, October 13th. Finally, BMO Capital Markets reiterated an "outperform" rating and issued a $75.00 price target on shares of Alliant Energy in a report on Wednesday, October 14th. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $75.20.

Alliant Energy Company Profile

Alliant Energy Corporation is a public utility holding company headquartered in Madison, Wisconsin. Through its regulated utility subsidiaries, Interstate Power and Light Company and Wisconsin Power and Light Company, the company provides electric and natural gas service to residential, commercial, and industrial customers in Iowa and Wisconsin.

Alliant Energy's operations include the generation, transmission, distribution, and sale of electricity, as well as the distribution and sale of natural gas.

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