Geode Capital Management, Stifel Financial Corp, Retirement Systems of Alabama, and
National Bank of Canada FI have significantly increased their stakes in
Alliant Energy Co. (LNT). However,
Scotiabank has downgraded LNT, which faced staggering performance in the utilities sector. Despite the negativity, LNT reached a 52-week high at $62.59, indicating robust growth. The company declared Quarterly Common Stock Dividends, but concerns were noted about sluggish earnings and problematic predictions. Expected growth is anticipated in the company's earnings, with a 3rd quarter report and conference call announced for 2024. On the downside, LNT shares were sold by entities like
Duff & Phelps Investment Management Co., Holocene Advisors LP, and
HITE Hedge Asset Management. New investments in LNT were recorded from entities like
DRW Securities and
Weiss Asset Management.
Strength was observed in Q3 earnings with revenues exceeding estimates. Also,
Energy Dome has signed its first US contract with Alliant for commercial-scale deployment of its CO2 battery. Reports predict that LNT will provide a stable option for long-term investors.
Alliant Energy Stocks LNT News Analytics from Thu, 28 Jun 2018 01:16:03 GMT to Sat, 14 Dec 2024 12:11:58 GMT -
Rating 3
- Innovation -1
- Information 6
- Rumor 1
