Zacks Research Reduces Earnings Estimates for Alliant Energy

Alliant Energy Corporation (NASDAQ:LNT) – Analysts at Zacks Research dropped their Q3 2027 earnings per share (EPS) estimates for Alliant Energy in a research note issued to investors on Thursday, June 25th. Zacks Research analyst Team now expects that the company will earn $1.27 per share for the quarter, down from their prior forecast of $1.28. The consensus estimate for Alliant Energy’s current full-year earnings is $3.43 per share.

LNT has been the subject of several other research reports. BMO Capital Markets set a $81.00 target price on shares of Alliant Energy in a report on Monday, May 4th. Royal Bank Of Canada began coverage on Alliant Energy in a research note on Wednesday, March 11th. They issued an “outperform” rating and a $82.00 price objective for the company. Wall Street Zen raised Alliant Energy from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 9th. Mizuho set a $76.00 price target on Alliant Energy in a research note on Monday, May 4th. Finally, Wells Fargo & Company reiterated an “overweight” rating and set a $76.00 price objective on shares of Alliant Energy in a research report on Tuesday, April 21st. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Alliant Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $76.60.

Alliant Energy Price Performance

Shares of NASDAQ:LNT opened at $76.19 on Friday. The company has a market capitalization of $19.68 billion, a P/E ratio of 23.88, a P/E/G ratio of 3.08 and a beta of 0.56. Alliant Energy has a 1-year low of $59.82 and a 1-year high of $76.60. The firm’s 50 day simple moving average is $72.62 and its two-hundred day simple moving average is $70.03. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.69 and a quick ratio of 0.53.

Alliant Energy (NASDAQ:LNT) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.82 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.82. The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Alliant Energy had a return on equity of 11.37% and a net margin of 18.58%.The business’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.83 EPS. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS.

Institutional Investors Weigh In On Alliant Energy

A number of institutional investors and hedge funds have recently modified their holdings of LNT. AQR Capital Management LLC lifted its position in shares of Alliant Energy by 103.8% during the first quarter. AQR Capital Management LLC now owns 66,701 shares of the company’s stock worth $4,292,000 after purchasing an additional 33,978 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Alliant Energy by 98.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,084,562 shares of the company’s stock valued at $69,792,000 after buying an additional 538,603 shares in the last quarter. Empowered Funds LLC grew its holdings in Alliant Energy by 18.8% in the first quarter. Empowered Funds LLC now owns 6,166 shares of the company’s stock worth $397,000 after purchasing an additional 974 shares during the last quarter. Woodline Partners LP grew its stake in Alliant Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 21,679 shares of the company’s stock worth $1,395,000 after buying an additional 6,269 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Alliant Energy by 23.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,256 shares of the company’s stock valued at $81,000 after acquiring an additional 239 shares in the last quarter. 79.90% of the stock is owned by institutional investors.

Alliant Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Thursday, April 30th were issued a $0.535 dividend. This represents a $2.14 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Thursday, April 30th. Alliant Energy’s dividend payout ratio (DPR) is 67.08%.

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.