Alliant Energy Corporation $LNT Shares Sold by Artisan Partners Limited Partnership

Artisan Partners Limited Partnership decreased its stake in shares of Alliant Energy Corporation (NASDAQ:LNT) by 6.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 932,209 shares of the company’s stock after selling 66,354 shares during the quarter. Artisan Partners Limited Partnership owned approximately 0.36% of Alliant Energy worth $62,840,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. AQR Capital Management LLC raised its holdings in Alliant Energy by 103.8% in the first quarter. AQR Capital Management LLC now owns 66,701 shares of the company’s stock valued at $4,292,000 after acquiring an additional 33,978 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Alliant Energy by 98.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,084,562 shares of the company’s stock valued at $69,792,000 after purchasing an additional 538,603 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Alliant Energy by 18.8% in the 1st quarter. Empowered Funds LLC now owns 6,166 shares of the company’s stock valued at $397,000 after purchasing an additional 974 shares in the last quarter. Woodline Partners LP lifted its position in shares of Alliant Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 21,679 shares of the company’s stock worth $1,395,000 after purchasing an additional 6,269 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its stake 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 purchasing an additional 239 shares in the last quarter. Hedge funds and other institutional investors own 79.90% of the company’s stock.

Alliant Energy Price Performance

LNT stock opened at $72.34 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.70 and a debt-to-equity ratio of 1.49. The company has a market capitalization of $18.60 billion, a P/E ratio of 22.97, a PEG ratio of 2.93 and a beta of 0.67. The business has a 50 day simple moving average of $67.33 and a 200-day simple moving average of $66.74. Alliant Energy Corporation has a twelve month low of $57.09 and a twelve month high of $72.40.

Alliant Energy (NASDAQ:LNT) last announced its earnings results on Thursday, February 19th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02. The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $673.11 million. Alliant Energy had a net margin of 18.57% and a return on equity of 11.51%. The company’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.70 EPS. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. As a group, equities analysts anticipate that Alliant Energy Corporation will post 3.23 EPS for the current year.

Alliant Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, January 30th were paid a dividend of $0.535 per share. This represents a $2.14 annualized dividend and a dividend yield of 3.0%. This is a positive change from Alliant Energy’s previous quarterly dividend of $0.51. The ex-dividend date was Friday, January 30th. Alliant Energy’s payout ratio is currently 67.94%.

Analyst Ratings Changes

LNT has been the subject of a number of recent analyst reports. BMO Capital Markets reaffirmed an “outperform” rating and set a $78.00 price target (up from $72.00) on shares of Alliant Energy in a report on Monday. HSBC upgraded Alliant Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, January 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Alliant Energy in a report on Monday, December 29th. Barclays upgraded shares of Alliant Energy from an “underweight” rating to an “equal weight” rating and boosted their price objective for the stock from $65.00 to $67.00 in a research report on Wednesday, January 21st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $78.00 target price on shares of Alliant Energy in a research report on Monday, November 24th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Alliant Energy currently has a consensus rating of “Moderate Buy” and an average price target of $74.50.

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.