Hills Bank & Trust Co Grows Stock Holdings in Alliant Energy Corporation $LNT

Hills Bank & Trust Co boosted its holdings in shares of Alliant Energy Corporation (NASDAQ:LNT) by 41.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 71,979 shares of the company’s stock after purchasing an additional 21,255 shares during the quarter. Hills Bank & Trust Co’s holdings in Alliant Energy were worth $4,679,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Qsemble Capital Management LP raised its stake in Alliant Energy by 181.7% during the fourth quarter. Qsemble Capital Management LP now owns 53,642 shares of the company’s stock valued at $3,487,000 after purchasing an additional 34,601 shares in the last quarter. Everstar Asset Management LLC raised its stake in Alliant Energy by 9.7% during the fourth quarter. Everstar Asset Management LLC now owns 15,898 shares of the company’s stock valued at $1,034,000 after purchasing an additional 1,400 shares in the last quarter. Stephens Inc. AR raised its stake in shares of Alliant Energy by 1.7% in the fourth quarter. Stephens Inc. AR now owns 25,604 shares of the company’s stock valued at $1,665,000 after acquiring an additional 425 shares during the period. Avantax Planning Partners Inc. raised its stake in shares of Alliant Energy by 10.1% in the fourth quarter. Avantax Planning Partners Inc. now owns 28,148 shares of the company’s stock valued at $1,830,000 after acquiring an additional 2,586 shares during the period. Finally, New York Life Investment Management LLC raised its stake in shares of Alliant Energy by 1.0% in the fourth quarter. New York Life Investment Management LLC now owns 35,669 shares of the company’s stock valued at $2,319,000 after acquiring an additional 360 shares during the period. Hedge funds and other institutional investors own 79.90% of the company’s stock.

Analyst Ratings Changes

LNT has been the topic of several recent analyst reports. BMO Capital Markets set a $81.00 target price on shares of Alliant Energy in a research note on Monday, May 4th. Wall Street Zen raised shares of Alliant Energy from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 9th. Mizuho set a $76.00 target price on shares of Alliant Energy in a research note on Monday, May 4th. Royal Bank Of Canada initiated coverage on shares of Alliant Energy in a research note on Wednesday, March 11th. They issued an “outperform” rating and a $82.00 target price on the stock. Finally, Barclays set a $74.00 target price on shares of Alliant Energy and gave the company an “equal weight” rating in a research note on Wednesday, April 15th. Nine equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $76.60.

Alliant Energy Trading Down 2.1%

LNT stock opened at $70.90 on Friday. The company has a market capitalization of $18.31 billion, a PE ratio of 22.23, a P/E/G ratio of 2.96 and a beta of 0.58. Alliant Energy Corporation has a 12 month low of $59.62 and a 12 month high of $75.76. The firm’s 50-day moving average is $71.90 and its 200 day moving average is $68.93. 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 results on Thursday, April 30th. The company reported $0.82 EPS for the quarter, hitting the consensus estimate of $0.82. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.08 billion. Alliant Energy had a net margin of 18.58% and a return on equity of 11.37%. The firm’s revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.83 EPS. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. On average, research analysts anticipate that Alliant Energy Corporation will post 3.43 EPS for the current year.

Alliant Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Thursday, April 30th were paid a $0.535 dividend. This represents a $2.14 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Thursday, April 30th. Alliant Energy’s dividend payout ratio (DPR) is currently 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.