13,254 Shares in Alliant Energy Corporation $LNT Bought by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp acquired a new stake in Alliant Energy Corporation (NASDAQ:LNT) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,254 shares of the company’s stock, valued at approximately $1,011,000.

Several other large investors have also bought and sold shares of the stock. Price T Rowe Associates Inc. MD increased its stake in shares of Alliant Energy by 799.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 8,393,496 shares of the company’s stock valued at $545,662,000 after buying an additional 7,460,117 shares during the period. Magellan Asset Management Ltd bought a new stake in Alliant Energy in the second quarter valued at approximately $151,629,000. Balyasny Asset Management L.P. bought a new stake in Alliant Energy in the second quarter valued at approximately $82,265,000. Reaves W H & Co. Inc. increased its position in Alliant Energy by 71.8% during the 4th quarter. Reaves W H & Co. Inc. now owns 3,057,253 shares of the company’s stock valued at $198,752,000 after purchasing an additional 1,278,166 shares during the period. Finally, Cohen & Steers Inc. increased its position in Alliant Energy by 41.7% during the 4th quarter. Cohen & Steers Inc. now owns 3,614,890 shares of the company’s stock valued at $235,004,000 after purchasing an additional 1,063,268 shares during the period. 79.90% of the stock is owned by institutional investors.

Alliant Energy Price Performance

Shares of NASDAQ LNT opened at $68.21 on Friday. The firm has a market capitalization of $17.69 billion, a P/E ratio of 21.59, a P/E/G ratio of 2.56 and a beta of 0.55. The firm’s 50-day moving average price is $72.96 and its 200-day moving average price is $72.23. The company has a current ratio of 0.47, a quick ratio of 0.35 and a debt-to-equity ratio of 1.41. Alliant Energy Corporation has a 1-year low of $63.28 and a 1-year high of $78.81.

Alliant Energy (NASDAQ:LNT) last issued its earnings results on Thursday, July 30th. The company reported $0.65 EPS 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 business posted $0.68 EPS. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Equities research analysts anticipate that Alliant Energy Corporation will post 3.43 earnings per share for the current fiscal 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. The ex-dividend date was Friday, July 31st. This represents a $2.14 annualized dividend and a dividend yield of 3.1%. Alliant Energy’s payout ratio is currently 67.72%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on LNT shares. TD Cowen began coverage on shares of Alliant Energy in a research report on Tuesday, July 7th. They issued a “hold” rating and a $83.00 price target on the stock. Jefferies Financial Group reiterated a “buy” rating and set a $80.00 price objective on shares of Alliant Energy in a research report on Thursday. Wall Street Zen downgraded shares of Alliant Energy from a “hold” rating to a “sell” rating in a research note on Sunday, August 9th. BMO Capital Markets dropped their target price on shares of Alliant Energy from $80.00 to $78.00 and set an “outperform” rating on the stock in a report on Monday, August 3rd. Finally, Mizuho cut their price target on shares of Alliant Energy from $76.00 to $75.00 and set a “neutral” rating on the stock in a research report on Monday, August 3rd. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $77.00.

Alliant Energy Company 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.