Alliant Energy Corporation $LNT Stake Boosted by Hsbc Holdings PLC

Hsbc Holdings PLC raised its position in Alliant Energy Corporation (NASDAQ:LNT) by 9.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 423,366 shares of the company’s stock after buying an additional 36,651 shares during the quarter. Hsbc Holdings PLC’s holdings in Alliant Energy were worth $27,554,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Bayban acquired a new stake in Alliant Energy in the fourth quarter valued at approximately $61,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Alliant Energy by 2,151.9% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,256 shares of the company’s stock valued at $277,000 after purchasing an additional 4,067 shares in the last quarter. Pacer Advisors Inc. lifted its stake in shares of Alliant Energy by 66.3% in the 4th quarter. Pacer Advisors Inc. now owns 36,014 shares of the company’s stock valued at $2,341,000 after purchasing an additional 14,361 shares during the last quarter. GuidedMoney LLC bought a new stake in Alliant Energy in the fourth quarter worth $1,134,000. Finally, Monetary Solutions Ltd bought a new stake in Alliant Energy in the fourth quarter worth $95,000. Institutional investors and hedge funds own 79.90% of the company’s stock.

Analyst Upgrades and Downgrades

LNT has been the topic of several recent research reports. BMO Capital Markets set a $81.00 target price on Alliant Energy in a report on Monday, May 4th. Mizuho set a $76.00 price objective on Alliant Energy in a report on Monday, May 4th. Barclays set a $74.00 price objective on Alliant Energy and gave the company an “equal weight” rating in a research note on Wednesday, April 15th. Wall Street Zen raised Alliant Energy from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Wells Fargo & Company reiterated an “overweight” rating and set a $76.00 price target on shares of Alliant Energy in a report on Tuesday, April 21st. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $76.60.

Alliant Energy Stock Up 1.4%

LNT opened at $75.59 on Thursday. The business has a 50 day moving average of $72.55 and a 200-day moving average of $69.95. The stock has a market capitalization of $19.52 billion, a price-to-earnings ratio of 23.70, a P/E/G ratio of 3.04 and a beta of 0.56. The company has a current ratio of 0.69, a quick ratio of 0.53 and a debt-to-equity ratio of 1.48. Alliant Energy Corporation has a 1-year low of $59.82 and a 1-year high of $75.76.

Alliant Energy (NASDAQ:LNT) last announced its earnings results on Thursday, April 30th. The company reported $0.82 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.82. Alliant Energy had a net margin of 18.58% and a return on equity of 11.37%. The business had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the firm posted $0.83 earnings per share. Alliant Energy’s 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. As a group, sell-side analysts anticipate that Alliant Energy Corporation will post 3.43 earnings per share for the current year.

Alliant Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Thursday, April 30th were paid a dividend of $0.535 per share. This represents a $2.14 annualized dividend and a yield of 2.8%. The ex-dividend date was Thursday, April 30th. Alliant Energy’s payout ratio is currently 67.08%.

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.