Alliant Energy (LNT) is having a significant presence in the market. Their ambitious solar expansion plan is anticipated to boost future earnings. In the recent Q4 results, Alliant's earnings overperformed expectations. Institutions heavily dominate the ownership of Alliant Energy, having about 82% of the shares. Anticipations are high for the forthcoming Q4 Earnings release, with suggestions to buy stocks before the expected dividend hike. Despite Alliant Energy's perceived sluggish earnings and returns, Wall Street Analysts remain largely bullish. Notably, Abrdn plc increased its stake, further solidifying the Company's status as a favorite amongst institutional investors. Alliant stock is considered fairly valued amid regulatory uncertainties, but concerns about potential overpricing exist. Despite some sell-offs from entities like Eagle Ridge Investment Management, a majority of investors are holding their positions. The stock hit a 52-week high at $61.09, arousing mixed sentiments about being possibly overpriced but also a stable pick for long-term investors. It is important that Alliant Energy has undergone a 2-for-1 stock split, and it's common stock is set to trade on Nasdaq.
Alliant Energy Stocks LNT News Analytics from Sun, 15 Oct 2017 05:24:56 GMT to Fri, 21 Feb 2025 00:15:00 GMT -
Rating 5
- Innovation -3
- Information 8
- Rumor -2
