GuidedMoney LLC Makes New Investment in Alliant Energy Corporation $LNT

GuidedMoney LLC acquired a new position in shares of Alliant Energy Corporation (NASDAQ:LNT) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 17,437 shares of the company’s stock, valued at approximately $1,134,000. Alliant Energy accounts for approximately 0.6% of GuidedMoney LLC’s investment portfolio, making the stock its 14th biggest position.

Several other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC boosted its holdings in Alliant Energy by 103.8% during the first 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 in the last quarter. Goldman Sachs Group Inc. increased its holdings in Alliant Energy by 98.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,084,562 shares of the company’s stock valued at $69,792,000 after buying an additional 538,603 shares in the last quarter. Empowered Funds LLC raised its position 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 during the period. Woodline Partners LP raised its position in shares of Alliant Energy by 40.7% in 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. boosted its stake in shares of Alliant Energy by 23.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,256 shares of the company’s stock worth $81,000 after acquiring an additional 239 shares in the last quarter. 79.90% of the stock is owned by hedge funds and other institutional investors.

Alliant Energy Stock Up 0.2%

LNT stock opened at $72.97 on Friday. The stock has a market capitalization of $18.85 billion, a P/E ratio of 22.87, a P/E/G ratio of 2.97 and a beta of 0.56. The firm has a 50-day simple moving average of $72.46 and a 200-day simple moving average of $69.74. The company has a quick ratio of 0.53, a current ratio of 0.69 and a debt-to-equity ratio of 1.48. Alliant Energy Corporation has a 52 week low of $59.82 and a 52 week high of $75.76.

Alliant Energy (NASDAQ:LNT) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.82 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.82. Alliant Energy had a net margin of 18.58% and a return on equity of 11.37%. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same period last year, the company posted $0.83 EPS. Alliant Energy’s quarterly revenue was up 5.0% compared to the same quarter last year. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Equities analysts forecast that Alliant Energy Corporation will post 3.43 earnings per share for the current fiscal year.

Alliant Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Thursday, April 30th were given a $0.535 dividend. This represents a $2.14 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Thursday, April 30th. Alliant Energy’s dividend payout ratio (DPR) is 67.08%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on LNT shares. Scotiabank restated a “sector perform” rating and set a $74.00 target price (up from $72.00) on shares of Alliant Energy in a research report on Monday, May 4th. Royal Bank Of Canada initiated coverage on Alliant Energy in a report on Wednesday, March 11th. They issued an “outperform” rating and a $82.00 price target for the company. Wells Fargo & Company reiterated an “overweight” rating and set a $76.00 price target on shares of Alliant Energy in a research report on Tuesday, April 21st. Mizuho set a $76.00 price objective on Alliant Energy in a report on Monday, May 4th. Finally, BMO Capital Markets set a $81.00 price objective on Alliant Energy in a research report on Monday, May 4th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Alliant Energy has an average rating of “Moderate Buy” and a consensus price target of $76.60.

Alliant Energy Company 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.