Town & Country Bank & Trust CO dba First Bankers Trust CO lowered its stake in shares of Alliant Energy Corporation (NASDAQ:LNT - Free Report) by 20.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,554 shares of the company's stock after selling 5,328 shares during the quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO's holdings in Alliant Energy were worth $1,243,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hughes Financial Services LLC purchased a new position in Alliant Energy in the 1st quarter worth approximately $27,000. Alpine Bank Wealth Management purchased a new position in Alliant Energy in the 1st quarter worth approximately $29,000. Tsfg LLC purchased a new position in Alliant Energy in the 1st quarter worth approximately $34,000. TD Private Client Wealth LLC purchased a new position in Alliant Energy in the 1st quarter worth approximately $34,000. Finally, First Command Advisory Services Inc. purchased a new position in Alliant Energy in the 1st quarter worth approximately $34,000. Institutional investors and hedge funds own 79.90% of the company's stock.
Alliant Energy Price Performance
Shares of LNT stock opened at $64.22 on Tuesday. The stock's fifty day simple moving average is $64.86 and its 200 day simple moving average is $62.70. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.57 and a quick ratio of 0.46. The firm has a market cap of $16.50 billion, a price-to-earnings ratio of 19.82, a P/E/G ratio of 3.02 and a beta of 0.54. Alliant Energy Corporation has a one year low of $56.08 and a one year high of $67.11.
Alliant Energy (NASDAQ:LNT - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.68 EPS for the quarter, topping analysts' consensus estimates of $0.62 by $0.06. The company had revenue of $961.00 million for the quarter, compared to analyst estimates of $977.15 million. Alliant Energy had a return on equity of 12.25% and a net margin of 20.07%.The business's revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.57 earnings per share. Alliant Energy has set its FY 2025 guidance at 3.150-3.25 EPS. On average, analysts expect that Alliant Energy Corporation will post 3.23 earnings per share for the current fiscal year.
Alliant Energy Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Thursday, July 31st were issued a $0.5075 dividend. This represents a $2.03 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Thursday, July 31st. Alliant Energy's dividend payout ratio is 62.65%.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the company. UBS Group restated a "neutral" rating and set a $67.00 price objective (up from $65.00) on shares of Alliant Energy in a research note on Friday, July 11th. Wolfe Research upgraded Alliant Energy from a "peer perform" rating to an "outperform" rating and set a $68.00 price objective on the stock in a research note on Monday, July 7th. Wall Street Zen lowered Alliant Energy from a "hold" rating to a "sell" rating in a research report on Saturday. BMO Capital Markets reaffirmed a "market perform" rating and issued a $68.00 target price (up from $66.00) on shares of Alliant Energy in a research report on Monday, August 11th. Finally, Bank of America increased their target price on Alliant Energy from $68.00 to $70.00 and gave the stock a "buy" rating in a research report on Thursday, August 14th. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Alliant Energy currently has an average rating of "Hold" and an average target price of $65.50.
Read Our Latest Stock Report on Alliant Energy
Alliant Energy Company Profile
(
Free Report)
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the United States. It operates in three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa.
Further Reading
Want to see what other hedge funds are holding LNT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alliant Energy Corporation (NASDAQ:LNT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Alliant Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alliant Energy wasn't on the list.
While Alliant Energy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.