OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 78,775 Shares of Alliant Energy Corporation $LNT

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in shares of Alliant Energy Corporation (NASDAQ:LNT) by 26.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 224,205 shares of the company’s stock after selling 78,775 shares during the quarter. Alliant Energy makes up 1.7% of OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s portfolio, making the stock its 12th largest position. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.09% of Alliant Energy worth $14,576,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Towarzystwo Funduszy Inwestycyjnych PZU SA bought a new stake in shares of Alliant Energy in the 4th quarter valued at about $72,000. Venture Visionary Partners LLC bought a new stake in shares of Alliant Energy in the 4th quarter valued at about $608,000. Dockside LLC bought a new stake in shares of Alliant Energy in the 4th quarter valued at about $2,101,000. Brasada Capital Management LP bought a new stake in shares of Alliant Energy in the 4th quarter valued at about $5,195,000. Finally, Ames National Corp raised its holdings in shares of Alliant Energy by 423.2% in the 4th quarter. Ames National Corp now owns 22,418 shares of the company’s stock valued at $1,457,000 after purchasing an additional 18,133 shares during the period. 79.90% of the stock is owned by institutional investors.

Analyst Ratings Changes

LNT has been the topic of a number of research analyst reports. Royal Bank Of Canada initiated coverage on shares of Alliant Energy in a report on Wednesday, March 11th. They issued an “outperform” rating and a $82.00 target price on the stock. Wells Fargo & Company reissued an “overweight” rating and set a $76.00 target price on shares of Alliant Energy in a report on Tuesday, April 21st. Mizuho set a $76.00 target price on Alliant Energy in a report on Monday, May 4th. Scotiabank reissued a “sector perform” rating and set a $74.00 target price (up from $72.00) on shares of Alliant Energy in a report on Monday, May 4th. Finally, Wall Street Zen raised Alliant Energy from a “strong sell” rating to a “sell” rating in a report on Saturday, May 9th. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $76.60.

Alliant Energy Stock Performance

Shares of NASDAQ:LNT opened at $73.55 on Tuesday. The company’s 50 day moving average price is $72.43 and its two-hundred day moving average price is $69.66. Alliant Energy Corporation has a 12-month low of $59.62 and a 12-month high of $75.76. The firm has a market cap of $19.00 billion, a PE ratio of 23.06, a PEG ratio of 2.98 and a beta of 0.56. The company has a quick ratio of 0.53, a current ratio of 0.69 and a debt-to-equity ratio of 1.48.

Alliant Energy (NASDAQ:LNT) last announced its earnings results on Thursday, April 30th. The company reported $0.82 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.82. Alliant Energy had a net margin of 18.58% and a return on equity of 11.37%. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the prior year, the business posted $0.83 EPS. The business’s revenue was up 5.0% compared to the same quarter last year. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Equities research analysts predict that Alliant Energy Corporation will post 3.43 earnings per share for the current year.

Alliant Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were given a dividend of $0.535 per share. This represents a $2.14 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Thursday, April 30th. Alliant Energy’s dividend payout ratio is presently 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.