Sound Income Strategies and Pure Financial Advisors have invested significantly in Alliant Energy Co. (NASDAQ:LNT), while Assenagon Asset Management has boosted its stock holdings. On the regulatory front, Jefferies regards Alliant as fairly valued, despite the uncertain landscape. Alliant has reported strong quarterly results and confirmed a generous dividend streak dating back 78 years. However, its popularity with investors may dwindle due to overpricing concerns. The company is held in high regard by institutional investors who own over 80% of the corporation.
Alliant Energy has reported a successful third-quarter in 2024 and those who invested in the company a year prior are reaping a 21% increase. Furthermore, Wall Street analysts suggest a 'hold' recommendation for the Alliant stocks. Nevertheless, some concerns are sparked due to sluggish earnings forecasted and concerns about its credit metrics being near the downgrade threshold. Nonetheless, Alliant stock soared to a 52-week high, indicating robust growth. In analyzing the overall performance, it's clear that Alliant Energy has been a reliable choice for long-term investors but might be considered overpriced.
Alliant Energy Stocks LNT News Analytics from Thu, 28 Jun 2018 01:16:03 GMT to Sat, 25 Jan 2025 10:53:45 GMT - Rating 5 - Innovation 3 - Information 8 - Rumor -4
