Alliant Energy (NASDAQ:LNT) Announces Earnings Results

Alliant Energy (NASDAQ:LNT) posted its earnings results on Thursday. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.58 by $0.07, Zacks reports. The company had revenue of $971.00 million during the quarter, compared to analyst estimates of $896.94 million. Alliant Energy had a return on equity of 11.23% and a net margin of 18.45%.The business’s revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.68 earnings per share. Alliant Energy updated its FY 2026 guidance to 3.360-3.460 EPS.

Alliant Energy Price Performance

Alliant Energy stock traded down $0.11 during trading hours on Friday, hitting $70.78. 3,239,611 shares of the company traded hands, compared to its average volume of 2,249,767. Alliant Energy has a 1-year low of $63.28 and a 1-year high of $78.81. The firm has a market cap of $18.28 billion, a P/E ratio of 22.40, a P/E/G ratio of 2.63 and a beta of 0.55. The firm’s 50-day simple moving average is $74.09 and its two-hundred day simple moving average is $71.82. 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 Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 31st will be paid a dividend of $0.535 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a $2.14 annualized dividend and a yield of 3.0%. Alliant Energy’s dividend payout ratio (DPR) is presently 67.08%.

Institutional Inflows and Outflows

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

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Wall Street Zen raised Alliant Energy from a “strong sell” rating to a “hold” rating in a report on Saturday. Barclays set a $74.00 target price on Alliant Energy and gave the stock an “equal weight” rating in a research report on Wednesday, April 15th. Wells Fargo & Company reiterated an “overweight” rating and issued a $76.00 target price on shares of Alliant Energy in a research note on Tuesday, April 21st. Weiss Ratings downgraded shares of Alliant Energy from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday. Finally, Scotiabank reissued a “sector perform” rating and set a $74.00 price target (up from $72.00) on shares of Alliant Energy in a report on Monday, May 4th. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Alliant Energy presently has an average rating of “Moderate Buy” and an average price target of $77.09.

Key Alliant Energy News

Here are the key news stories impacting Alliant Energy this week:

• Positive Sentiment: Second-quarter adjusted earnings reportedly exceeded Wall Street expectations, supported by higher rates in Iowa and Wisconsin and growing electricity demand from data centers. Alliant Energy beats quarterly profit estimates on higher rates, data center demand
• Positive Sentiment: Revenue increased 1% year over year to $971 million, exceeding some analyst estimates, indicating continued demand and rate-related revenue benefits. Alliant Energy Announces Second Quarter 2026 Results
• Positive Sentiment: Alliant Energy reaffirmed its 2026 ongoing EPS guidance of $3.36 to $3.46 and said earnings are trending toward the upper half of the range, helping support the outlook for future earnings growth. Alliant Energy Announces Second Quarter 2026 Results
• Neutral Sentiment: Reported GAAP EPS was $0.65, compared with $0.68 a year earlier. Results were characterized differently depending on the benchmark: some estimates showed a modest miss, while other consensus figures indicated a beat. Alliant Energy misses Q2 earnings and revenue estimates
• Negative Sentiment: Higher operating costs and warmer weather pressured profitability, contributing to lower year-over-year GAAP earnings despite higher revenue. The mixed earnings comparisons may limit near-term enthusiasm for LNT stock. Alliant Energy Q2 Earnings Lag Estimates, Revenues Increase Year Over Year

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.