Gateway Investment Advisers LLC Buys 26,638 Shares of Alliant Energy Corporation $LNT

Key Points

• Gateway Investment Advisers LLC increased its stake in Alliant Energy by 9.2%, purchasing 26,638 shares to own 316,407 shares (≈0.12% of the company) valued at $20.57 million.
• Alliant Energy reported Q results with EPS of $0.82 (in line) and revenue of $1.18 billion (beat), set FY2026 guidance of 3.360–3.460 EPS (analysts forecast 3.42), and declared a quarterly dividend of $0.535 (3.0% yield) payable May 15.
• Institutional investors hold about 79.90% of Alliant's stock, with major managers like Vanguard, MFS, Pictet and Jennison materially increasing their positions (Jennison up 92.5%).

Gateway Investment Advisers LLC grew its stake in Alliant Energy Corporation (NASDAQ:LNT - Free Report) by 9.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 316,407 shares of the company's stock after acquiring an additional 26,638 shares during the quarter. Gateway Investment Advisers LLC owned 0.12% of Alliant Energy worth $20,570,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. raised its stake in shares of Alliant Energy by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 33,785,294 shares of the company's stock worth $2,196,382,000 after purchasing an additional 383,612 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Alliant Energy by 2.4% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,173,906 shares of the company's stock worth $466,376,000 after purchasing an additional 167,581 shares during the last quarter. Pictet Asset Management Holding SA raised its stake in shares of Alliant Energy by 5.6% in the fourth quarter. Pictet Asset Management Holding SA now owns 4,067,962 shares of the company's stock worth $264,458,000 after purchasing an additional 215,188 shares during the last quarter. Johnson Investment Counsel Inc. raised its stake in shares of Alliant Energy by 2.9% in the third quarter. Johnson Investment Counsel Inc. now owns 1,979,718 shares of the company's stock worth $133,453,000 after purchasing an additional 55,489 shares during the last quarter. Finally, Jennison Associates LLC raised its stake in shares of Alliant Energy by 92.5% in the fourth quarter. Jennison Associates LLC now owns 1,805,214 shares of the company's stock worth $117,357,000 after purchasing an additional 867,256 shares during the last quarter. Hedge funds and other institutional investors own 79.90% of the company's stock.

Alliant Energy Stock Performance

NASDAQ:LNT opened at $72.31 on Thursday. The stock has a 50-day simple moving average of $71.89 and a two-hundred day simple moving average of $68.76. Alliant Energy Corporation has a 52-week low of $58.97 and a 52-week high of $75.76. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.66 and a current ratio of 0.69. The firm has a market capitalization of $18.68 billion, a PE ratio of 22.67, a P/E/G ratio of 2.99 and a beta of 0.58.

Alliant Energy (NASDAQ:LNT - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.82 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.82. Alliant Energy had a return on equity of 11.37% and a net margin of 18.58%.The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the company posted $0.83 earnings per share. Alliant Energy's revenue for the quarter was up 5.0% on a year-over-year basis. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Analysts forecast that Alliant Energy Corporation will post 3.42 EPS for the current year.

Alliant Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 30th will be issued a dividend of $0.535 per share. This represents a $2.14 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Thursday, April 30th. Alliant Energy's payout ratio is currently 67.08%.

Analyst Ratings Changes

LNT has been the subject of several recent analyst reports. Wells Fargo & Company restated an "overweight" rating and issued a $76.00 price target on shares of Alliant Energy in a research note on Tuesday, April 21st. Wall Street Zen cut Alliant Energy from a "sell" rating to a "strong sell" rating in a research note on Saturday, April 25th. Royal Bank Of Canada initiated coverage on Alliant Energy in a research note on Wednesday, March 11th. They issued an "outperform" rating and a $82.00 price target for the company. Argus restated a "hold" rating on shares of Alliant Energy in a research note on Friday, January 9th. Finally, BMO Capital Markets set a $81.00 price target on Alliant Energy in a research note on Monday. Nine equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, Alliant Energy presently has a consensus rating of "Moderate Buy" and a consensus price target of $76.60.

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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