Greenland Capital Management LP Lowers Stake in Alliant Energy Corporation $LNT

Key Points

• Greenland Capital Management cut its Alliant Energy stake by 42.6% in the second quarter, selling 81,952 shares and retaining 110,522 shares valued at approximately $8.4 million. Institutional investors collectively own 79.9% of LNT.
• Alliant Energy reported quarterly earnings of $0.65 per share, exceeding the $0.58 analyst estimate, while revenue rose 1% year over year to $971 million. The company maintained fiscal 2026 EPS guidance of $3.36–$3.46.
• The utility pays a quarterly dividend of $0.535 per share, or $2.14 annually, yielding about 3.1%. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $77, above the reported share price of $67.97.

Greenland Capital Management LP reduced its stake in shares of Alliant Energy Corporation (NASDAQ:LNT - Free Report) by 42.6% in the second quarter, according to its most recent filing with the SEC. The fund owned 110,522 shares of the company's stock after selling 81,952 shares during the period. Alliant Energy makes up 1.0% of Greenland Capital Management LP's investment portfolio, making the stock its 21st biggest position. Greenland Capital Management LP's holdings in Alliant Energy were worth $8,432,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Tema ETFs LLC raised its position in Alliant Energy by 6.6% during the second quarter. Tema ETFs LLC now owns 2,336 shares of the company's stock valued at $178,000 after purchasing an additional 145 shares in the last quarter. Glenmede Investment Management LP boosted its holdings in shares of Alliant Energy by 0.7% in the 3rd quarter. Glenmede Investment Management LP now owns 22,793 shares of the company's stock worth $1,536,000 after purchasing an additional 153 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in shares of Alliant Energy by 1.8% in the 3rd quarter. Quadrant Capital Group LLC now owns 9,117 shares of the company's stock worth $615,000 after purchasing an additional 158 shares in the last quarter. Resonant Capital Advisors LLC increased its position in shares of Alliant Energy by 4.6% during the 1st quarter. Resonant Capital Advisors LLC now owns 4,182 shares of the company's stock valued at $300,000 after purchasing an additional 184 shares during the last quarter. Finally, Westpac Banking Corp increased its position in shares of Alliant Energy by 0.9% during the 1st quarter. Westpac Banking Corp now owns 20,797 shares of the company's stock valued at $1,492,000 after purchasing an additional 187 shares during the last quarter. 79.90% of the stock is currently owned by hedge funds and other institutional investors.

Alliant Energy Price Performance

Shares of Alliant Energy stock opened at $67.97 on Monday. 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 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 $72.12 and its two-hundred day simple moving average is $72.18. The stock has a market capitalization of $17.62 billion, a P/E ratio of 21.51, a price-to-earnings-growth ratio of 2.86 and a beta of 0.54.

Alliant Energy (NASDAQ:LNT - Get Free Report) last released its quarterly earnings data 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. Alliant Energy had a return on equity of 11.16% and a net margin of 18.45%.The firm had revenue of $971.00 million during the quarter, compared to analyst estimates of $896.94 million. During the same quarter in the prior year, the firm posted $0.68 earnings per share. The business's quarterly revenue was up 1.0% compared to the same quarter last year. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Analysts forecast that Alliant Energy Corporation will post 3.43 EPS for the current year.

Alliant Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 31st were given a dividend of $0.535 per share. The ex-dividend date of this dividend was Friday, July 31st. This represents a $2.14 annualized dividend and a yield of 3.1%. Alliant Energy's dividend payout ratio is presently 67.72%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on LNT. TD Cowen initiated coverage on Alliant Energy in a research report on Tuesday, July 7th. They issued a "hold" rating and a $83.00 target price for the company. Jefferies Financial Group reiterated a "buy" rating and set a $80.00 price target on shares of Alliant Energy in a research report on Thursday, August 27th. Mizuho decreased their price target on shares of Alliant Energy from $76.00 to $75.00 and set a "neutral" rating on the stock in a research note on Monday, August 3rd. BMO Capital Markets lowered their price objective on shares of Alliant Energy from $80.00 to $78.00 and set an "outperform" rating for the company in a report on Monday, August 3rd. Finally, Weiss Ratings cut shares of Alliant Energy from a "buy (b+)" rating to a "buy (b)" rating in a research note on Tuesday, July 28th. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $77.00.

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.

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