Epoch Investment Partners Inc. Has $14.20 Million Holdings in Alliant Energy Corporation $LNT

Epoch Investment Partners Inc. cut its position in shares of Alliant Energy Corporation (NASDAQ:LNTFree Report) by 3.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 218,470 shares of the company’s stock after selling 8,693 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Alliant Energy were worth $14,203,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Alliant Energy by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 33,785,294 shares of the company’s stock worth $2,196,382,000 after buying an additional 383,612 shares during the period. Massachusetts Financial Services Co. MA increased its position in shares of Alliant Energy by 2.4% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,173,906 shares of the company’s stock worth $466,376,000 after buying an additional 167,581 shares during the period. Geode Capital Management LLC grew its holdings in Alliant Energy by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 7,071,908 shares of the company’s stock worth $458,071,000 after purchasing an additional 128,998 shares during the period. Pictet Asset Management Holding SA grew its holdings in Alliant Energy by 5.6% in the fourth quarter. Pictet Asset Management Holding SA now owns 4,067,962 shares of the company’s stock worth $264,458,000 after purchasing an additional 215,188 shares during the period. Finally, Cohen & Steers Inc. grew its holdings in Alliant Energy by 41.7% in the fourth quarter. Cohen & Steers Inc. now owns 3,614,890 shares of the company’s stock worth $235,004,000 after purchasing an additional 1,063,268 shares during the period. 79.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on LNT shares. Scotiabank restated a “sector perform” rating and issued a $74.00 price target (up from $72.00) on shares of Alliant Energy in a report on Monday, May 4th. Barclays set a $74.00 price target on shares of Alliant Energy and gave the stock an “equal weight” rating in a report on Wednesday, April 15th. Mizuho set a $76.00 price target on shares of Alliant Energy in a report on Monday, May 4th. Wall Street Zen upgraded shares of Alliant Energy from a “strong sell” rating to a “sell” rating in a report on Saturday, May 9th. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $76.00 price target on shares of Alliant Energy in a report on Tuesday, April 21st. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Alliant Energy presently has a consensus rating of “Moderate Buy” and an average price target of $76.60.

View Our Latest Analysis on Alliant Energy

Alliant Energy Stock Performance

NASDAQ:LNT opened at $73.11 on Monday. The company has a current ratio of 0.69, a quick ratio of 0.53 and a debt-to-equity ratio of 1.48. The stock has a market capitalization of $18.88 billion, a price-to-earnings ratio of 22.92, a PEG ratio of 2.98 and a beta of 0.56. The firm has a fifty day simple moving average of $72.42 and a two-hundred day simple moving average of $69.62. Alliant Energy Corporation has a 12 month low of $59.62 and a 12 month high of $75.76.

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

Alliant Energy Dividend Announcement

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

About Alliant Energy

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Alliant Energy (NASDAQ:LNT)

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