Alliant Energy
About: Alliant Energy is the parent of two regulated utilities, Interstate Power and Light and Wisconsin Power and Light, serving nearly 1 million electric customers and 425,000 natural gas-only customers. Both subsidiaries engage in the generation and distribution of electricity and the distribution and transportation of natural gas. Alliant also owns a 16% interest in American Transmission Co.
Employees: 3,281
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 6 (+3) [Q3]
69% more call options, than puts
Call options by funds: $10.7M | Put options by funds: $6.35M
30% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 70
20% more repeat investments, than reductions
Existing positions increased: 249 | Existing positions reduced: 208
18% more capital invested
Capital invested by funds: $10.6B [Q2] → $12.5B (+$1.91B) [Q3]
3% more funds holding
Funds holding: 646 [Q2] → 667 (+21) [Q3]
0.8% less ownership
Funds ownership: 81.03% [Q2] → 80.22% (-0.8%) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$59
0%
upside
Avg. target
$63
6%
upside
High target
$67
14%
upside
5 analyst ratings
1 positive
20%
4 neutral
80%
0 negative
0%
Scotiabank Andrew Weisel 46% 1-year accuracy 13 / 28 met price target | 14%upside $67 | Sector Perform Downgraded | 12 Dec 2024 |
Barclays Nicholas Campanella 63% 1-year accuracy 45 / 71 met price target | 0%upside $59 | Equal-Weight Maintained | 6 Nov 2024 |
BMO Capital James Thalacker 64% 1-year accuracy 49 / 77 met price target | 3%upside $61 | Market Perform Maintained | 4 Nov 2024 |
Wells Fargo Neil Kalton 60% 1-year accuracy 28 / 47 met price target | 10%upside $65 | Overweight Maintained | 4 Nov 2024 |
Mizuho Anthony Crowdell 63% 1-year accuracy 17 / 27 met price target | 3%upside $61 | Neutral Maintained | 4 Oct 2024 |
Financial journalist opinion
Neutral
Seeking Alpha
3 days ago
Alliant Energy: Buy Now For The Upcoming Dividend Hike
Alliant Energy will soon raise its dividend for the 22nd consecutive year. The electric and gas utility is anticipated to up its four-year capital spending by $1.8 billion. LNT's balance sheet is well-capitalized to fund its capital spending plan.
Neutral
Seeking Alpha
1 month ago
Alliant Energy Corporation (LNT) Q3 2024 Earnings Conference Call Transcript
Alliant Energy Corporation (NASDAQ:LNT ) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Susan Gille - IR Lisa Barton - President and CEO Robert Durian - EVP and CFO Conference Call Participants Nathan Richardson - Barclays Julian Dumoulin-Smith - Jefferies Andrew Weisel - Scotiabank Paul Fremont - Ladenburg Aditya Gandhi - Wolf Research Bill Appicelli - UBS Operator Please stand by, we're about to begin. Thank you for holding, everyone, and welcome to Alliant Energy's Third Quarter 2024 Earnings Conference Call.
Positive
Zacks Investment Research
1 month ago
Alliant Energy's Q3 Earnings Beat Estimates, Revenues Rise Y/Y
LNT's third-quarter earnings and revenues beat estimates. The company narrows its 2024 EPS outlook.
Positive
Zacks Investment Research
1 month ago
Alliant Energy (LNT) Q3 Earnings and Revenues Top Estimates
Alliant Energy (LNT) came out with quarterly earnings of $1.15 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $1.05 per share a year ago.
Neutral
Business Wire
1 month ago
Alliant Energy Announces Third Quarter 2024 Results
MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) and non-GAAP consolidated unaudited earnings per share (EPS) for the three months ended September 30 as follows: GAAP EPS Non-GAAP EPS 2024 2023 2024 2023 Utilities and Corporate Services $1.20 $1.11 $1.20 $1.11 American Transmission Company (ATC) Holdings 0.04 0.03 0.04 0.03 Non-utility and Parent (0.09 ) .
Neutral
Business Wire
1 month ago
Alliant Energy Highlights Progress in New Corporate Responsibility Report
MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) published its latest Corporate Responsibility Report (CRR) today. The report details the company's achievements and progress toward its environmental, social and governance (ESG) initiatives. The report also highlights the company's diverse mix of energy sources, employee engagement opportunities and positive impact on the communities it serves. “We are making significant progress on our commitment to diversify our energy.
Neutral
Zacks Investment Research
1 month ago
Alliant Energy to Release Q3 Earnings: Here's What to Expect
LNT's third-quarter results are expected to benefit from solar projects. However, higher depreciation expenses might impact negatively.
Positive
Seeking Alpha
1 month ago
Dividend Aristocrats Of The Future - Part 2
This is the second group of 10 companies who are aiming to reach dividend aristocrat status in the near future. The majority of these companies are from the utilities sector with two defense contractors also included. A few of the companies have 10-year dividend growth rates above 10%.
Neutral
Zacks Investment Research
1 month ago
Alliant Energy (LNT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Alliant Energy (LNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Business Wire
1 month ago
Energy Dome Signs First U.S. Contract with Alliant Energy for Commercial-Scale Deployment of its CO2 Battery
MADISON, Wis.--(BUSINESS WIRE)--Energy Dome, a leader in long-duration energy storage solutions, announces a landmark advancement in its commercial-scale deployment in the US market through a signed supply contract for the Columbia Energy Storage Project with Alliant Energy. Having already secured a competitive Cooperative Agreement award of up to $30 million from the U.S. Department of Energy's Office of Clean Energy Demonstrations, this collaboration has recently reached another key milestone.
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