Vaughan Nelson Investment Management L.P. Acquires 223,420 Shares of Alliant Energy Corporation $LNT

Vaughan Nelson Investment Management L.P. grew its holdings in Alliant Energy Corporation (NASDAQ:LNT) by 25.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,093,160 shares of the company’s stock after purchasing an additional 223,420 shares during the quarter. Vaughan Nelson Investment Management L.P.’s holdings in Alliant Energy were worth $78,445,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in Alliant Energy by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 33,785,294 shares of the company’s stock worth $2,196,382,000 after purchasing an additional 383,612 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in shares of Alliant Energy by 2.1% during the 4th quarter. Janus Henderson Group PLC now owns 11,134,938 shares of the company’s stock worth $723,882,000 after buying an additional 223,793 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Alliant Energy by 799.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 8,393,496 shares of the company’s stock worth $545,662,000 after buying an additional 7,460,117 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Alliant Energy by 2.4% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,173,906 shares of the company’s stock worth $466,376,000 after buying an additional 167,581 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Alliant Energy by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 7,071,908 shares of the company’s stock worth $458,071,000 after buying an additional 128,998 shares during the period. Institutional investors own 79.90% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Scotiabank reiterated a “sector perform” rating and issued a $74.00 price objective (up from $72.00) on shares of Alliant Energy in a research note on Monday, May 4th. Wells Fargo & Company reissued an “overweight” rating and set a $76.00 target price on shares of Alliant Energy in a research note on Tuesday, April 21st. BMO Capital Markets set a $81.00 price target on shares of Alliant Energy in a report on Monday, May 4th. Barclays set a $74.00 price target 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 objective on shares of Alliant Energy in a report on Monday, May 4th. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $76.60.

Alliant Energy Stock Performance

NASDAQ LNT opened at $72.97 on Monday. The company has a fifty day simple moving average of $72.46 and a 200 day simple moving average of $69.78. Alliant Energy Corporation has a 12-month low of $59.82 and a 12-month high of $75.76. The company has a current ratio of 0.69, a quick ratio of 0.53 and a debt-to-equity ratio of 1.48. The company has a market cap of $18.85 billion, a P/E ratio of 22.87, a PEG ratio of 2.98 and a beta of 0.56.

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

Alliant Energy Announces Dividend

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