National Pension Service Raises Position in Alliant Energy Corporation $LNT

Key Points

• National Pension Service increased its Alliant Energy stake by 92.1% in the second quarter, bringing its holdings to 37,458 shares valued at approximately $2.86 million. Institutional investors collectively own 79.9% of the company.
• Alliant Energy exceeded quarterly expectations, reporting $0.65 in EPS versus the $0.58 consensus and revenue of $971 million, up 1% year over year. The company reaffirmed fiscal 2026 EPS guidance of $3.36–$3.46.
• The utility pays a quarterly dividend of $0.535, equivalent to $2.14 annually and a 3.2% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $77.

National Pension Service increased its stake in Alliant Energy Corporation (NASDAQ:LNT - Free Report) by 92.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 37,458 shares of the company's stock after buying an additional 17,961 shares during the quarter. National Pension Service's holdings in Alliant Energy were worth $2,858,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Cedar Mountain Advisors LLC purchased a new position in Alliant Energy in the 2nd quarter worth approximately $26,000. Clearstead Trust LLC purchased a new stake in shares of Alliant Energy during the second quarter valued at approximately $27,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Alliant Energy during the third quarter valued at approximately $27,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Alliant Energy during the second quarter worth $32,000. Finally, Continuum Advisory LLC acquired a new position in shares of Alliant Energy during the second quarter worth $40,000. 79.90% of the stock is currently owned by hedge funds and other institutional investors.

Alliant Energy Stock Performance

Alliant Energy stock opened at $67.26 on Monday. Alliant Energy Corporation has a 52 week low of $63.28 and a 52 week high of $78.81. The company has a current ratio of 0.47, a quick ratio of 0.35 and a debt-to-equity ratio of 1.41. The stock has a market cap of $17.44 billion, a P/E ratio of 21.28, a price-to-earnings-growth ratio of 2.83 and a beta of 0.54. The stock has a 50 day moving average of $71.19 and a 200-day moving average of $72.08.

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, beating the consensus estimate of $0.58 by $0.07. Alliant Energy had a net margin of 18.45% and a return on equity of 11.16%. The firm had revenue of $971.00 million for the quarter, compared to analysts' expectations of $896.94 million. During the same period in the prior year, the company posted $0.68 earnings per share. The firm's quarterly revenue was up 1.0% on a year-over-year basis. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. On average, analysts expect that Alliant Energy Corporation will post 3.42 EPS for the current fiscal year.

Alliant Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 31st were paid a $0.535 dividend. This represents a $2.14 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Friday, July 31st. Alliant Energy's dividend payout ratio is 67.72%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on LNT shares. Weiss Ratings lowered shares of Alliant Energy from a "buy (b+)" rating to a "buy (b)" rating in a report on Tuesday, July 28th. Jefferies Financial Group reiterated a "buy" rating and issued a $80.00 price objective on shares of Alliant Energy in a report on Thursday, August 27th. Wall Street Zen cut shares of Alliant Energy from a "sell" rating to a "strong sell" rating in a research report on Saturday. Mizuho lowered their target price on Alliant Energy from $76.00 to $75.00 and set a "neutral" rating for the company in a research note on Monday, August 3rd. Finally, BMO Capital Markets lowered their target price on Alliant Energy from $80.00 to $78.00 and set an "outperform" rating for the company in a research note on Monday, August 3rd. Nine equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $77.00.

About Alliant Energy

Alliant Energy Corporation is a regulated utility holding company that provides electricity and natural gas services through its operating subsidiaries, Interstate Power and Light Company and Wisconsin Power and Light Company.

The company generates and distributes electricity to residential, commercial, and industrial customers, and provides natural gas distribution services. Its energy portfolio includes a growing mix of renewable generation, along with traditional power-generation resources and transmission and distribution infrastructure.

Alliant Energy primarily serves customers in Wisconsin and Iowa.

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