Alliant Energy Corporation $LNT Position Cut by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its position in shares of Alliant Energy Corporation (NASDAQ:LNT) by 1.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 546,580 shares of the company’s stock after selling 9,457 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Alliant Energy were worth $39,223,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of LNT. Glenmede Investment Management LP lifted its position in Alliant Energy by 0.7% in the 3rd quarter. Glenmede Investment Management LP now owns 22,793 shares of the company’s stock valued at $1,536,000 after purchasing an additional 153 shares during the last quarter. Quadrant Capital Group LLC grew its position in Alliant Energy by 1.8% in the 3rd quarter. Quadrant Capital Group LLC now owns 9,117 shares of the company’s stock worth $615,000 after purchasing an additional 158 shares during the last quarter. Apollon Wealth Management LLC grew its position in Alliant Energy by 4.8% in the 4th quarter. Apollon Wealth Management LLC now owns 3,517 shares of the company’s stock worth $229,000 after purchasing an additional 161 shares during the last quarter. Simplicity Wealth LLC increased its stake in shares of Alliant Energy by 5.5% in the fourth quarter. Simplicity Wealth LLC now owns 3,216 shares of the company’s stock valued at $209,000 after purchasing an additional 167 shares during the period. Finally, Resonant Capital Advisors LLC increased its stake in shares of Alliant Energy by 4.6% in the first quarter. Resonant Capital Advisors LLC now owns 4,182 shares of the company’s stock valued at $300,000 after purchasing an additional 184 shares during the period. Institutional investors and hedge funds own 79.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Scotiabank reiterated a “sector perform” rating and set a $74.00 price objective (up from $72.00) on shares of Alliant Energy in a research report on Monday, May 4th. Mizuho set a $76.00 price target on Alliant Energy in a research report on Monday, May 4th. BMO Capital Markets set a $81.00 price target on 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 research note on Saturday, May 9th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $76.00 price objective on shares of Alliant Energy in a report on Tuesday, April 21st. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Alliant Energy presently has an average rating of “Moderate Buy” and a consensus target price of $77.18.

Alliant Energy Price Performance

Shares of LNT stock traded up $0.70 during mid-day trading on Friday, hitting $76.40. 1,680,572 shares of the stock traded hands, compared to its average volume of 2,266,287. Alliant Energy Corporation has a twelve month low of $61.61 and a twelve month high of $78.81. The firm has a market cap of $19.73 billion, a price-to-earnings ratio of 23.95, a price-to-earnings-growth ratio of 3.12 and a beta of 0.55. The company’s 50-day simple moving average is $73.65 and its 200-day simple moving average is $70.90. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.53 and a current ratio of 0.69.

Alliant Energy (NASDAQ:LNT) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.82 earnings per share for the quarter, meeting the consensus estimate of $0.82. Alliant Energy had a return on equity of 11.37% and a net margin of 18.58%.The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the prior year, the firm posted $0.83 earnings per share. The company’s revenue was up 5.0% on a year-over-year basis. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. As a group, equities research analysts expect that Alliant Energy Corporation will post 3.43 earnings per share for the current 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 given a dividend of $0.535 per share. The ex-dividend date was Thursday, April 30th. This represents a $2.14 annualized dividend and a dividend yield of 2.8%. Alliant Energy’s dividend payout ratio (DPR) is 67.08%.

About Alliant Energy

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.