Quantinno Capital Management LP Boosts Stake in Alliant Energy Corporation $LNT

Quantinno Capital Management LP lifted its position in Alliant Energy Corporation (NASDAQ:LNT) by 12.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 140,741 shares of the company’s stock after purchasing an additional 16,036 shares during the quarter. Quantinno Capital Management LP’s holdings in Alliant Energy were worth $10,100,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in LNT. SummitTX Capital L.P. lifted its stake in Alliant Energy by 65.6% in the first quarter. SummitTX Capital L.P. now owns 270,716 shares of the company’s stock valued at $19,427,000 after buying an additional 107,251 shares during the last quarter. Gateway Wealth Partners LLC purchased a new position in shares of Alliant Energy during the first quarter worth approximately $381,000. Delta Global Management LP acquired a new position in shares of Alliant Energy in the 1st quarter valued at $2,512,000. OMERS ADMINISTRATION Corp raised its position in Alliant Energy by 28.0% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 11,718 shares of the company’s stock valued at $841,000 after purchasing an additional 2,563 shares during the last quarter. Finally, Lombard Odier Asset Management Switzerland SA raised its position in Alliant Energy by 80.5% in the 1st quarter. Lombard Odier Asset Management Switzerland SA now owns 46,200 shares of the company’s stock valued at $3,315,000 after purchasing an additional 20,600 shares during the last quarter. Hedge funds and other institutional investors own 79.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on LNT. Wall Street Zen raised shares of Alliant Energy from a “strong sell” rating to a “hold” rating in a research report on Saturday. BMO Capital Markets reduced their target price on shares of Alliant Energy from $80.00 to $78.00 and set an “outperform” rating for the company in a report on Monday. Wells Fargo & Company reiterated an “overweight” rating and set a $76.00 target price on shares of Alliant Energy in a research note on Tuesday, April 21st. TD Cowen started coverage on Alliant Energy in a report on Tuesday, July 7th. They set a “hold” rating and a $83.00 price target on the stock. Finally, Barclays set a $74.00 price target on Alliant Energy and gave the stock an “equal weight” rating in a report on Wednesday, April 15th. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Alliant Energy currently has a consensus rating of “Moderate Buy” and an average target price of $76.82.

Alliant Energy Stock Performance

NASDAQ:LNT opened at $70.66 on Wednesday. The company has a quick ratio of 0.53, a current ratio of 0.47 and a debt-to-equity ratio of 1.41. Alliant Energy Corporation has a fifty-two week low of $63.28 and a fifty-two week high of $78.81. The stock has a market cap of $18.32 billion, a PE ratio of 22.36, a price-to-earnings-growth ratio of 2.65 and a beta of 0.55. The firm’s fifty day simple moving average is $73.97 and its 200-day simple moving average is $71.93.

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

Alliant Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 31st will be issued a $0.535 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a $2.14 dividend on an annualized basis and a yield of 3.0%. Alliant Energy’s dividend payout ratio (DPR) is 67.72%.

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.