Connor Clark & Lunn Investment Management Ltd. Makes New $2.65 Million Investment in Alliant Energy Corporation $LNT

Posted by Brenda Bartman on Aug 29th, 2026

Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Alliant Energy Corporation (NASDAQ:LNT – Free Report) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 34,668 shares of the company’s stock, valued at approximately $2,645,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Cedar Mountain Advisors LLC bought a new stake in shares of Alliant Energy during the 2nd quarter worth about $26,000. Clearstead Trust LLC bought a new position in shares of Alliant Energy in the 2nd quarter valued at approximately $27,000. Measured Wealth Private Client Group LLC bought a new position in shares of Alliant Energy in the 3rd quarter valued at approximately $27,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Alliant Energy in the 2nd quarter worth approximately $32,000. Finally, Western Wealth Management LLC acquired a new stake in Alliant Energy in the 1st quarter worth approximately $41,000. Institutional investors and hedge funds own 79.90% of the company’s stock.

Alliant Energy Price Performance

NASDAQ:LNT opened at $68.03 on Friday. The company has a fifty day moving average price of $72.87 and a 200 day moving average price of $72.21. Alliant Energy Corporation has a one year low of $63.28 and a one year 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 stock has a market cap of $17.64 billion, a P/E ratio of 21.53, a PEG ratio of 2.53 and a beta of 0.55.

Alliant Energy (NASDAQ:LNT – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. Alliant Energy had a net margin of 18.45% and a return on equity of 11.16%. The business had revenue of $971.00 million during the quarter, compared to analyst estimates of $896.94 million. During the same quarter in the prior year, the business earned $0.68 earnings per share. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Analysts anticipate that Alliant Energy Corporation will post 3.43 earnings per share for the current year.

Alliant Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 31st were issued a dividend of $0.535 per share. This represents a $2.14 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Friday, July 31st. Alliant Energy’s dividend payout ratio (DPR) is presently 67.72%.

Analyst Upgrades and Downgrades

Several brokerages have commented on LNT. Scotiabank reiterated a “sector perform” rating and set a $74.00 price target (up from $72.00) on shares of Alliant Energy in a report on Monday, May 4th. Wall Street Zen downgraded shares of Alliant Energy from a “hold” rating to a “sell” rating in a report on Sunday, August 9th. Jefferies Financial Group reiterated a “buy” rating and issued a $80.00 target price on shares of Alliant Energy in a research note on Thursday. TD Cowen assumed coverage on shares of Alliant Energy in a report on Tuesday, July 7th. They issued a “hold” rating and a $83.00 target price on the stock. Finally, Mizuho cut their target price on shares of Alliant Energy from $76.00 to $75.00 and set a “neutral” rating for the company in a research report on Monday, August 3rd. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $77.00.

Check Out Our Latest Analysis on Alliant Energy

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.