Janus Henderson Group PLC Purchases 223,793 Shares of Alliant Energy Corporation $LNT

Janus Henderson Group PLC raised its position in Alliant Energy Corporation (NASDAQ:LNTFree Report) by 2.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,134,938 shares of the company’s stock after purchasing an additional 223,793 shares during the quarter. Janus Henderson Group PLC owned 4.33% of Alliant Energy worth $723,882,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of LNT. Measured Wealth Private Client Group LLC bought a new position in shares of Alliant Energy during the third quarter valued at $27,000. MRP Capital Investments LLC acquired a new position in Alliant Energy during the 3rd quarter worth about $35,000. Caitong International Asset Management Co. Ltd lifted its holdings in Alliant Energy by 235.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 634 shares of the company’s stock worth $41,000 after buying an additional 445 shares during the period. MUFG Securities EMEA plc acquired a new position in Alliant Energy during the 2nd quarter worth about $46,000. Finally, Fideuram Asset Management Ireland dac acquired a new position in Alliant Energy during the 4th quarter worth about $51,000. Institutional investors own 79.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on LNT shares. Barclays set a $74.00 price objective on Alliant Energy and gave the stock an “equal weight” rating in a research report on Wednesday, April 15th. Wall Street Zen upgraded Alliant Energy from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 9th. Mizuho set a $76.00 price objective on Alliant Energy in a research report on Monday, May 4th. Royal Bank Of Canada began coverage on Alliant Energy in a research report on Wednesday, March 11th. They set an “outperform” rating and a $82.00 price objective for the company. Finally, BMO Capital Markets set a $81.00 price objective on shares of Alliant Energy in a research note on Monday, May 4th. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $76.60.

Get Our Latest Research Report on LNT

Alliant Energy Stock Down 1.4%

Shares of NASDAQ:LNT opened at $72.82 on Thursday. The company has a market capitalization of $18.81 billion, a price-to-earnings ratio of 22.83, a P/E/G ratio of 3.01 and a beta of 0.56. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.69 and a quick ratio of 0.53. The business’s 50-day moving average is $72.46 and its 200-day moving average is $69.72. Alliant Energy Corporation has a 1 year low of $59.82 and a 1 year high of $75.76.

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

Alliant Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were issued a $0.535 dividend. This represents a $2.14 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Thursday, April 30th. Alliant Energy’s payout ratio is presently 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

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

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