Alliant Energy (NASDAQ:LNT) Hits New 12-Month High – Here’s What Happened

04 Jul 2026, 07:20 by Scott Moore · The Cerbat Gem

Shares of Alliant Energy Corporation (NASDAQ:LNT – Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $77.48 and last traded at $77.5490, with a volume of 686919 shares traded. The stock had previously closed at $75.79.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Alliant Energy from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 9th. Scotiabank restated 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. BMO Capital Markets set a $81.00 price target on Alliant Energy in a research report on Monday, May 4th. Royal Bank Of Canada began coverage on Alliant Energy in a report on Wednesday, March 11th. They issued an “outperform” rating and a $82.00 price target for the company. Finally, Mizuho set a $76.00 price objective on Alliant Energy in a research report on Monday, May 4th. Nine equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $76.60.

View Our Latest Stock Analysis on LNT

Alliant Energy Price Performance

The company has a debt-to-equity ratio of 1.48, a current ratio of 0.69 and a quick ratio of 0.53. The stock’s fifty day moving average is $73.23 and its 200-day moving average is $70.50. The stock has a market cap of $20.15 billion, a PE ratio of 24.46, a price-to-earnings-growth ratio of 3.18 and a beta of 0.55.

Alliant Energy (NASDAQ:LNT – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.82 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.82. The firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Alliant Energy had a net margin of 18.58% and a return on equity of 11.37%. Alliant Energy’s revenue was up 5.0% compared to the same quarter last year. During the same period last year, the business earned $0.83 earnings per share. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. As a group, equities analysts anticipate that Alliant Energy Corporation will post 3.43 EPS for the current year.

Alliant Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Thursday, April 30th were issued a dividend of $0.535 per share. The ex-dividend date was Thursday, April 30th. This represents a $2.14 dividend on an annualized basis and a dividend yield of 2.7%. Alliant Energy’s dividend payout ratio (DPR) is currently 67.08%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in LNT. Price T Rowe Associates Inc. MD increased its stake in Alliant Energy by 799.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 8,393,496 shares of the company’s stock worth $545,662,000 after acquiring an additional 7,460,117 shares during the last quarter. Balyasny Asset Management L.P. acquired a new position in shares of Alliant Energy in the 2nd quarter valued at $82,265,000. Reaves W H & Co. Inc. lifted its stake in shares of Alliant Energy by 71.8% in the 4th quarter. Reaves W H & Co. Inc. now owns 3,057,253 shares of the company’s stock valued at $198,752,000 after purchasing an additional 1,278,166 shares during the last quarter. Cohen & Steers Inc. grew its holdings in shares of Alliant Energy by 41.7% during the 4th quarter. Cohen & Steers Inc. now owns 3,614,890 shares of the company’s stock worth $235,004,000 after purchasing an additional 1,063,268 shares during the period. Finally, Jennison Associates LLC grew its holdings in shares of Alliant Energy by 92.5% during the 4th quarter. Jennison Associates LLC now owns 1,805,214 shares of the company’s stock worth $117,357,000 after purchasing an additional 867,256 shares during the period. 79.90% of the stock is currently owned by institutional investors and hedge funds.

Alliant Energy Company Profile

(Get Free Report)

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.