Q3 EPS Estimates for Alliant Energy Cut by Zacks Research

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

A number of other research analysts also recently issued reports on LNT. Wells Fargo & Company reissued an “overweight” rating and issued a $76.00 price target on shares of Alliant Energy in a report on Tuesday, April 21st. 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. BMO Capital Markets set a $81.00 target price on shares of Alliant Energy in a report on Monday, May 4th. 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. Finally, Mizuho set a $76.00 price target on shares of Alliant Energy in a report on Monday, May 4th. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $76.60.

Alliant Energy Stock Up 0.8%

Alliant Energy stock opened at $76.19 on Friday. The business’s 50-day moving average price is $72.62 and its 200 day moving average price is $70.03. The company has a quick ratio of 0.53, a current ratio of 0.69 and a debt-to-equity ratio of 1.48. The firm has a market cap of $19.68 billion, a price-to-earnings ratio of 23.88, a price-to-earnings-growth ratio of 3.08 and a beta of 0.56. Alliant Energy has a 52 week low of $59.82 and a 52 week high of $76.60.

Alliant Energy (NASDAQ:LNT) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.82 earnings per share (EPS) 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 analysts’ expectations of $1.08 billion. During the same quarter in the previous year, the firm posted $0.83 EPS. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS.

Institutional Trading of Alliant Energy

A number of institutional investors and hedge funds have recently made changes to their positions in LNT. Empowered Funds LLC raised its stake in shares of Alliant Energy by 95.4% during the 1st quarter. Empowered Funds LLC now owns 12,592 shares of the company’s stock worth $904,000 after buying an additional 6,149 shares during the period. Parallel Advisors LLC grew its stake in Alliant Energy by 82.9% in the 1st quarter. Parallel Advisors LLC now owns 5,187 shares of the company’s stock valued at $372,000 after acquiring an additional 2,351 shares during the period. Cozad Asset Management Inc. increased its holdings in Alliant Energy by 1.8% in the 1st quarter. Cozad Asset Management Inc. now owns 27,317 shares of the company’s stock worth $1,960,000 after acquiring an additional 486 shares in the last quarter. Glenmede Trust Co. NA increased its holdings in Alliant Energy by 11.9% in the 1st quarter. Glenmede Trust Co. NA now owns 38,425 shares of the company’s stock worth $2,757,000 after acquiring an additional 4,094 shares in the last quarter. Finally, Segall Bryant & Hamill LLC acquired a new position in Alliant Energy during the first quarter worth $2,102,000. 79.90% of the stock is currently owned by hedge funds and other institutional investors.

Alliant Energy Announces Dividend

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