Alliant Energy Co. has faced multiple financial changes, with shares sold by Verition Fund Management LLC and The Manufacturers Life Insurance Company reducing positions, while Cerity Partners LLC, DRW Securities LLC, and Daiwa Securities Group Inc. increased their holdings. DekaBank Deutsche Girozentrale, Natixis Advisors LLC, and Massachusetts Financial Services Co. MA have also purchased shares. The stock achieved a 12-month high with robust growth, despite a lowered price target from BMO Capital Markets. Furthermore, alliant's third quarter 2024 results topped estimates and saw the declaration of a quarterly common stock dividend. Despite the company's stock achieving a 52-week high, a somewhat strained balance sheet and sluggish earnings suggest potential challenges ahead. Further positivity is found in the company's progress noted in their latest Corporate Responsibility Report. Alliant also entered a commercial-scale deployment contract with Energy Dome for its CO2 Battery. However, its returns on capital have stalled, and there’s an increased short interest in the company.
Alliant Energy Stocks LNT News Analytics from Sun, 15 Oct 2017 05:24:56 GMT to Sat, 30 Nov 2024 11:46:40 GMT -
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