Energy Income Partners LLC Takes Position in Alliant Energy Corporation $LNT

Key Points

• Energy Income Partners acquired 826,750 shares of Alliant Energy in the second quarter, worth approximately $63.1 million and representing 0.32% of the company. Institutional investors collectively own 79.9% of LNT.
• Alliant Energy exceeded quarterly expectations, reporting $0.65 in EPS on $971 million in revenue, while guiding for fiscal 2026 EPS of $3.36–$3.46.
• The company maintains a quarterly dividend of $0.535, or $2.14 annually, yielding about 3.1%. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $76.82 versus a share price near $69.98.

Energy Income Partners LLC bought a new position in Alliant Energy Corporation (NASDAQ:LNT - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 826,750 shares of the company's stock, valued at approximately $63,073,000. Energy Income Partners LLC owned 0.32% of Alliant Energy at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of LNT. Cedar Mountain Advisors LLC bought a new position in shares of Alliant Energy during the 2nd quarter worth about $26,000. Clearstead Trust LLC bought a new stake in Alliant Energy in the second quarter valued at about $27,000. Measured Wealth Private Client Group LLC acquired a new position in Alliant Energy in the third quarter worth about $27,000. Western Wealth Management LLC acquired a new position in Alliant Energy in the first quarter worth about $41,000. Finally, Caitong International Asset Management Co. Ltd raised its position in Alliant Energy by 235.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 634 shares of the company's stock worth $41,000 after purchasing an additional 445 shares in the last quarter. Institutional investors and hedge funds own 79.90% of the company's stock.

Alliant Energy Stock Down 0.5%

Shares of LNT opened at $69.98 on Wednesday. The company has a market capitalization of $18.15 billion, a P/E ratio of 22.15, a PEG ratio of 2.62 and a beta of 0.55. Alliant Energy Corporation has a one year low of $63.28 and a one year high of $78.81. The business's 50 day simple moving average is $73.58 and its 200-day simple moving average is $72.11. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.47 and a quick ratio of 0.35.

Alliant Energy (NASDAQ:LNT - Get Free Report) last released its quarterly earnings results 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. The firm had revenue of $971.00 million during the quarter, compared to analysts' expectations of $896.94 million. Alliant Energy had a return on equity of 11.16% and a net margin of 18.45%.The business's revenue was up 1.0% on a year-over-year basis. During the same period last year, the firm posted $0.68 EPS. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. As a group, sell-side analysts predict that Alliant Energy Corporation will post 3.43 EPS for the current fiscal year.

Alliant Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Friday, July 31st were 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 was Friday, July 31st. Alliant Energy's payout ratio is currently 67.72%.

Analyst Ratings Changes

LNT has been the topic of several analyst reports. 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 note on Monday, August 3rd. Wells Fargo & Company reaffirmed an "overweight" rating and issued a $76.00 price target on shares of Alliant Energy in a research note on Tuesday, April 21st. Weiss Ratings cut Alliant Energy from a "buy (b+)" rating to a "buy (b)" rating in a research report on Tuesday, July 28th. Wall Street Zen lowered Alliant Energy from a "hold" rating to a "sell" rating in a research note on Sunday, August 9th. Finally, BMO Capital Markets cut their price objective on Alliant Energy from $80.00 to $78.00 and set an "outperform" rating for the company in a report on Monday, August 3rd. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Alliant Energy currently has a consensus rating of "Moderate Buy" and a consensus target price of $76.82.

Alliant Energy 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source