Westpac Banking Corp acquired a new position in shares of Alliant Energy Corporation (NASDAQ:LNT – Free Report) in the 2nd quarter, HoldingsChannel reports. The fund acquired 17,945 shares of the company’s stock, valued at approximately $1,369,000.
Several other large investors also recently made changes to their positions in LNT. Vanguard Group Inc. raised its stake in shares of Alliant Energy by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 33,785,294 shares of the company’s stock valued at $2,196,382,000 after acquiring an additional 383,612 shares during the period. Janus Henderson Group PLC increased its holdings in Alliant Energy by 1.2% in the 1st quarter. Janus Henderson Group PLC now owns 11,273,621 shares of the company’s stock valued at $808,996,000 after purchasing an additional 138,683 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Alliant Energy by 799.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 8,393,496 shares of the company’s stock valued at $545,662,000 after purchasing an additional 7,460,117 shares in the last quarter. Geode Capital Management LLC raised its position 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 valued at $458,071,000 after purchasing an additional 128,998 shares during the period. Finally, Pictet Asset Management Holding SA raised its position 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 valued at $264,458,000 after purchasing an additional 215,188 shares during the period. Institutional investors and hedge funds own 79.90% of the company’s stock.
Alliant Energy News Roundup
Here are the key news stories impacting Alliant Energy this week:
- Positive Sentiment: Long-term growth prospects remain favorable: Alliant Energy’s expanding customer base, rising utility demand and planned $13.4 billion capital investment program are expected to support revenue and earnings growth through 2029. Can Customer Growth Support Alliant Energy’s Long-Term Growth?
- Positive Sentiment: Some forward estimates increased: Zacks Research raised its Q4 2026 EPS forecast to $0.74 from $0.68, FY2026 EPS to $3.42 from $3.41, and FY2028 EPS to $4.02 from $3.98. The higher estimates may modestly improve sentiment toward Alliant’s earnings trajectory.
- Neutral Sentiment: Overall earnings outlook remains close to consensus: Zacks projects FY2026 EPS of $3.42, FY2027 EPS of $3.65 and FY2028 EPS of $4.02, compared with the current-year consensus estimate of $3.43. The changes imply gradual growth but are not a major near-term catalyst.
- Negative Sentiment: Several estimates were trimmed: Zacks reduced its Q2 2027 EPS forecast to $0.73 from $0.78, Q3 2027 to $1.26 from $1.27, and FY2027 to $3.65 from $3.68. These cuts may weigh on the stock by signaling some pressure on intermediate-term earnings expectations.
Wall Street Analysts Forecast Growth
View Our Latest Research Report on Alliant Energy
Alliant Energy Stock Performance
Alliant Energy stock opened at $67.86 on Friday. Alliant Energy Corporation has a 12-month low of $63.28 and a 12-month high of $78.81. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.47 and a quick ratio of 0.35. The company has a market capitalization of $17.60 billion, a price-to-earnings ratio of 21.47, a price-to-earnings-growth ratio of 2.52 and a beta of 0.55. The firm’s fifty day moving average price is $73.35 and its 200 day moving average price is $72.14.
Alliant Energy (NASDAQ:LNT – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.07. Alliant Energy had a return on equity of 11.16% and a net margin of 18.45%.The company had revenue of $971.00 million during the quarter, compared to the consensus estimate of $896.94 million. During the same period last year, the firm earned $0.68 earnings per share. The company’s revenue was up 1.0% on a year-over-year basis. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. On average, research analysts forecast that Alliant Energy Corporation will post 3.43 EPS for the current fiscal year.
Alliant Energy Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 31st were paid a dividend of $0.535 per share. This represents a $2.14 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Friday, July 31st. Alliant Energy’s dividend payout ratio (DPR) is 67.72%.
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.
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