Assenagon Asset Management S.A. Has $7.12 Million Stock Holdings in Alliant Energy Corporation $LNT

Key Points

• Assenagon Asset Management increased its Alliant Energy stake by 339.9% in the second quarter, holding 93,380 shares valued at approximately $7.12 million. Institutional investors collectively own 79.9% of the company.
• Alliant Energy beat quarterly expectations with earnings of $0.65 per share versus the $0.58 consensus estimate, while revenue reached $971 million. The company maintained fiscal 2026 EPS guidance of $3.36–$3.46.
• The utility declared a quarterly dividend of $0.535 per share, equivalent to a 3.1% annualized yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $76.82.

Assenagon Asset Management S.A. boosted its position in Alliant Energy Corporation (NASDAQ:LNT - Free Report) by 339.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 93,380 shares of the company's stock after purchasing an additional 72,151 shares during the period. Assenagon Asset Management S.A.'s holdings in Alliant Energy were worth $7,124,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Delta Global Management LP bought a new position in Alliant Energy during the first quarter worth $2,512,000. Vanguard Group Inc. lifted its stake in shares of Alliant Energy by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 33,785,294 shares of the company's stock worth $2,196,382,000 after buying an additional 383,612 shares during the last quarter. Merit Financial Group LLC lifted its stake in shares of Alliant Energy by 271.7% during the 4th quarter. Merit Financial Group LLC now owns 44,187 shares of the company's stock worth $2,873,000 after buying an additional 32,300 shares during the last quarter. Pictet Asset Management Holding SA boosted its holdings 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 buying an additional 215,188 shares during the period. Finally, Nicholas Company Inc. bought a new stake in shares of Alliant Energy during the 4th quarter worth about $5,736,000. Institutional investors and hedge funds own 79.90% of the company's stock.

Alliant Energy Price Performance

Shares of NASDAQ:LNT opened at $68.58 on Wednesday. The firm has a 50 day moving average of $73.73 and a 200-day moving average of $71.99. The stock has a market capitalization of $17.78 billion, a PE ratio of 21.70, a PEG ratio of 2.53 and a beta of 0.55. The company has a current ratio of 0.47, a quick ratio of 0.35 and a debt-to-equity ratio of 1.41. Alliant Energy Corporation has a 12 month low of $63.28 and a 12 month high of $78.81.

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

Alliant Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 31st will be issued a $0.535 dividend. This represents a $2.14 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, July 31st. Alliant Energy's dividend payout ratio (DPR) is currently 67.72%.

Analyst Upgrades and Downgrades

LNT has been the topic of several research analyst reports. Mizuho lowered their price target on shares of Alliant Energy from $76.00 to $75.00 and set a "neutral" rating on the stock in a report on Monday, August 3rd. Wall Street Zen downgraded Alliant Energy from a "hold" rating to a "sell" rating in a research note on Sunday. Scotiabank reaffirmed a "sector perform" rating and issued a $74.00 price objective (up from $72.00) on shares of Alliant Energy in a report on Monday, May 4th. BMO Capital Markets lowered their price objective on Alliant Energy from $80.00 to $78.00 and set an "outperform" rating on the stock in a research report on Monday, August 3rd. Finally, Wells Fargo & Company reissued an "overweight" rating and set a $76.00 target price on shares of Alliant Energy in a report on Tuesday, April 21st. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $76.82.

Alliant Energy Company 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.

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