B. Metzler seel. Sohn & Co. AG Sells 38,034 Shares of Alliant Energy Corporation $LNT

Key Points

• B. Metzler seel. Sohn & Co. AG cut its Alliant Energy stake by 45.9%, selling 38,034 shares and retaining 44,879 shares valued at about $3.03 million.
• Alliant Energy raised its quarterly dividend to $0.535 (annualized $2.14, ~3.0% yield) and reported Q results that beat EPS estimates ($0.60 vs. $0.58) with revenue up 9% year‑over‑year to $1.06 billion.
• Institutional ownership stands at roughly 79.9%, with firms like AQR and Goldman increasing positions, and analysts hold a "Moderate Buy" consensus with an average price target of $74.50.

B. Metzler seel. Sohn & Co. AG decreased its holdings in Alliant Energy Corporation (NASDAQ:LNT - Free Report) by 45.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,879 shares of the company's stock after selling 38,034 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Alliant Energy were worth $3,025,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its stake in shares of Alliant Energy by 103.8% during the 1st quarter. AQR Capital Management LLC now owns 66,701 shares of the company's stock worth $4,292,000 after acquiring an additional 33,978 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Alliant Energy by 98.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,084,562 shares of the company's stock worth $69,792,000 after purchasing an additional 538,603 shares in the last quarter. Empowered Funds LLC raised its holdings in Alliant Energy by 18.8% in the 1st quarter. Empowered Funds LLC now owns 6,166 shares of the company's stock worth $397,000 after purchasing an additional 974 shares during the period. Woodline Partners LP raised its holdings in Alliant Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 21,679 shares of the company's stock worth $1,395,000 after purchasing an additional 6,269 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in Alliant Energy by 23.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,256 shares of the company's stock valued at $81,000 after purchasing an additional 239 shares in the last quarter. 79.90% of the stock is currently owned by institutional investors.

Alliant Energy Stock Up 0.1%

Shares of LNT opened at $71.61 on Tuesday. The business's 50 day moving average is $68.13 and its 200 day moving average is $67.03. The company has a current ratio of 0.80, a quick ratio of 0.66 and a debt-to-equity ratio of 1.49. Alliant Energy Corporation has a 12-month low of $57.09 and a 12-month high of $72.65. The company has a market capitalization of $18.41 billion, a PE ratio of 22.73, a price-to-earnings-growth ratio of 2.93 and a beta of 0.66.

Alliant Energy (NASDAQ:LNT - Get Free Report) last posted its quarterly earnings results on Friday, February 20th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.02. Alliant Energy had a return on equity of 11.51% and a net margin of 18.57%.The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $673.11 million. During the same period in the prior year, the company posted $0.70 EPS. The firm's revenue for the quarter was up 9.0% compared to the same quarter last year. Research analysts expect that Alliant Energy Corporation will post 3.23 earnings per share for the current fiscal year.

Alliant Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, January 30th were given a dividend of $0.535 per share. This is a positive change from Alliant Energy's previous quarterly dividend of $0.51. This represents a $2.14 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Friday, January 30th. Alliant Energy's dividend payout ratio (DPR) is currently 67.94%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Weiss Ratings reissued a "buy (b)" rating on shares of Alliant Energy in a report on Monday, December 29th. Wall Street Zen downgraded Alliant Energy from a "hold" rating to a "sell" rating in a research note on Sunday, March 1st. Mizuho set a $73.00 price objective on Alliant Energy in a research report on Monday, February 23rd. HSBC upgraded Alliant Energy from a "hold" rating to a "buy" rating in a research note on Wednesday, January 21st. Finally, Wolfe Research restated an "outperform" rating and set a $76.00 target price on shares of Alliant Energy in a research note on Monday, December 1st. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $74.50.

About Alliant Energy

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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