Nykredit A S Buys New Position in Alliant Energy Corporation $LNT

Key Points

• Nykredit A/S bought 15,348 shares of Alliant Energy in the second quarter, valued at approximately $1.17 million. Institutional investors collectively own 79.9% of the company.
• Alliant Energy exceeded quarterly expectations, reporting $0.65 EPS versus the $0.58 consensus estimate and $971 million in revenue, up 1% year over year. The company reaffirmed fiscal 2026 EPS guidance of $3.36–$3.46.
• The company maintains a quarterly dividend of $0.535 per share, equivalent to a 3.1% yield. Analysts hold a “Moderate Buy” consensus rating with a $77 average price target, while the stock recently traded at $67.97.

Nykredit A S bought a new stake in Alliant Energy Corporation (NASDAQ:LNT - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 15,348 shares of the company's stock, valued at approximately $1,171,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of LNT. AQR Capital Management LLC increased its stake in 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 buying an additional 33,978 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Alliant Energy by 98.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,084,562 shares of the company's stock worth $69,792,000 after acquiring an additional 538,603 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Alliant Energy by 18.8% in the first quarter. Empowered Funds LLC now owns 6,166 shares of the company's stock worth $397,000 after acquiring an additional 974 shares in the last quarter. Woodline Partners LP increased its position in shares of Alliant Energy by 40.7% during the first quarter. Woodline Partners LP now owns 21,679 shares of the company's stock worth $1,395,000 after acquiring an additional 6,269 shares during the period. Finally, Geneos Wealth Management Inc. increased its position in shares of Alliant Energy by 23.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,256 shares of the company's stock worth $81,000 after acquiring an additional 239 shares during the period. 79.90% of the stock is currently owned by hedge funds and other institutional investors.

Alliant Energy Stock Performance

Shares of Alliant Energy stock opened at $67.97 on Tuesday. The company has a quick ratio of 0.35, a current ratio of 0.47 and a debt-to-equity ratio of 1.41. Alliant Energy Corporation has a 52 week low of $63.28 and a 52 week high of $78.81. The firm's 50 day moving average is $71.94 and its two-hundred day moving average is $72.16. The firm has a market capitalization of $17.62 billion, a P/E ratio of 21.51, a P/E/G ratio of 2.86 and a beta of 0.54.

Alliant Energy (NASDAQ:LNT - Get Free Report) last issued its 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 business had revenue of $971.00 million during the quarter, compared to analysts' expectations of $896.94 million. During the same quarter in the prior year, the business posted $0.68 EPS. The company's revenue for the quarter was up 1.0% on a year-over-year basis. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Research analysts forecast that Alliant Energy Corporation will post 3.43 EPS for the current fiscal year.

Alliant Energy Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on LNT shares. Wall Street Zen lowered Alliant Energy from a "hold" rating to a "sell" rating in a report on Sunday, August 9th. BMO Capital Markets cut their price target on Alliant Energy from $80.00 to $78.00 and set an "outperform" rating on the stock in a report on Monday, August 3rd. Weiss Ratings lowered Alliant Energy from a "buy (b+)" rating to a "buy (b)" rating in a research 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 research note on Thursday, August 27th. Finally, TD Cowen began coverage on Alliant Energy in a research report on Tuesday, July 7th. They set a "hold" rating and a $83.00 price objective for the company. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock 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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