LNT

Dividend Announcement: Alliant Energy Corporation declared a quarterly cash dividend of $0.5075 per share, payable on May 15, 2025, to shareholders recorded by April 30, 2025, marking 318 consecutive quarters of dividend payments since 1946.

Company Overview: Alliant Energy provides regulated energy services to approximately 1 million electric and 430,000 natural gas customers in Iowa and Wisconsin, and is recognized as a member of the S&P 500 Dividend Aristocrats Index.

Dividend-Increasing Companies: Hormel Foods, ALLETE, and Alliant Energy are highlighted as attractive options for income-focused investors due to their long history of consistently increasing dividends, with yields around 3-4%.

Recent Financial Performance: Each company has reported recent earnings, with Hormel Foods and Alliant Energy exceeding revenue expectations, while ALLETE's results fell short; all three companies maintain strong annual revenues.

Company Overview: Alliant Energy Corporation, valued at $16.2 billion, is a large-cap utility holding company based in Madison, Wisconsin, providing electric and natural gas services with a focus on affordability, reliability, and renewable energy growth.

Stock Performance: LNT shares have increased 6% over the past three months and 26.8% over the last year, outperforming the S&P 500 Index; despite mixed Q4 earnings results, analysts maintain a "Moderate Buy" rating with a price target suggesting slight future growth.

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Highlighted Stocks: Among the 36 stocks recommended by BofA are well-known companies such as Verizon, Costco, Johnson & Johnson, and Procter & Gamble, which are characterized by strong S&P quality ratings and underweight positions by active fund managers.

Leadership Change at Alliant Energy: Patrick Allen has been appointed as the new Independent Board Chair of Alliant Energy, effective after the Annual Meeting of Shareowners in May 2025, succeeding John Larsen who has served since 2019.

Background of Patrick Allen: Allen, a board member since 2011 and former CFO at Collins Aerospace, expressed his commitment to driving the company's strategy and enhancing customer service alongside the executive team.

Alliant Energy's Contributions: In 2024, Alliant Energy and its foundation contributed nearly $9.3 million and over 80,000 volunteer hours to various causes, focusing on community safety, environmental stewardship, workforce readiness, and combating rural hunger through initiatives like the Rural Hunger Initiative and the One Million Trees project.

Community Impact: The company's efforts included providing safety grants to first responders, planting over 551,000 trees towards their goal of one million by 2030, offering scholarships totaling over $103,000 to students, and collaborating with food banks to address food insecurity in rural areas.

Overbought Stocks in Utilities Sector: As of February 27, 2025, three utility stocks—WEC Energy Group (RSI 70.1), Alliant Energy (RSI 74.9), and Avista Corp (RSI 71.8)—are considered overbought, indicating potential caution for momentum-focused investors.

Recent Performance Highlights: WEC reported disappointing Q4 results but saw a stock gain of 5%, Alliant posted better-than-expected earnings with a 7% increase, and Avista had mixed results with an 8% rise in stock value over the past month.

Analyst Ratings: Guggenheim analyst Shahriar Pourreza maintained a Hold rating on Alliant Energy with a price target of $57.00, while Wells Fargo issued a Buy rating; the company reported a quarterly revenue of $1.08 billion and a net profit of $295 million.

Performance Metrics: Pourreza has an average return of 9.3% and a success rate of 70.12% on recommended stocks, indicating a strong track record in the Utilities sector.

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Analyst Upgrade: BMO Capital analyst James Thalacker raised Alliant Energy's price target from $60 to $66 while maintaining a Market Perform rating, citing the company's strong performance despite weather challenges and reaffirmation of its 2025 EPS guidance.

Upcoming Q1 Update: Attention is now focused on Alliant Energy's upcoming Q1 update, where the company is expected to provide details on its capital plan for increased data center load.

Conference Call Announcement: Alliant Energy Corp. will hold a conference call on February 21, 2025, at 10:00 AM ET to discuss its Q4 24 earnings results.

Access Information: The live webcast can be accessed online, and listeners can join the call by dialing specific phone numbers with a provided conference ID.

Earnings Performance: Alliant Energy reported quarterly earnings of $0.70 per share, exceeding expectations and showing an increase from $0.48 a year ago, but missed revenue estimates with $976 million for the quarter.

Market Outlook: The company's stock is currently rated Zacks Rank #3 (Hold), indicating expected performance in line with the market, while industry outlook remains mixed, affecting future stock movements.

Alliant Energy Corp Analysis: Alliant Energy Corp (LNT) receives a high rating of 81% from Validea's Multi-Factor Investor model, indicating strong interest based on its fundamentals and valuation in the Electric Utilities industry.

Pim van Vliet's Strategy: The investment strategy developed by Pim van Vliet focuses on low volatility stocks that yield high returns with less risk, emphasizing the outperformance of such stocks compared to high volatility counterparts.

Company Overview and Performance: Alliant Energy Corporation, with a market cap of $15.5 billion, provides electricity and natural gas services in the Midwest and has seen its stock outperform the S&P 500 over the past year, gaining 25.1% compared to the index's 20.5%. However, it recently experienced a 3.8% drop post-Q3 earnings release despite achieving a 9.5% increase in EPS.

Analyst Ratings and Future Outlook: Analysts have a consensus rating of "Moderate Buy" for LNT stock, with expectations of a 7.5% EPS growth for FY2024. Despite a downgrade from Scotiabank, the mean price target suggests a potential upside of 3.3% to 10.5% based on current price levels.

NextEra Energy's Financial Performance: NextEra Energy reported a profit of $1.2 billion for Q4, with earnings meeting expectations but revenue falling short at $5.39 billion compared to the anticipated $7.57 billion. For the full year, profits were $6.95 billion, but revenue also missed projections.

Future Prospects and Strategic Moves: CEO John Ketchum announced plans to capitalize on AI-driven power demand, including a partnership with GE Vernova for natural gas solutions and steps towards reopening the Duane Arnold nuclear plant by 2028, while analysts remain optimistic about the company's growth potential.

Company Overview: Alliant Energy Corporation, a utility holding company based in Madison, Wisconsin, serves nearly 1 million electric and 425,000 natural gas customers across Iowa and Wisconsin, with a market cap of $15.2 billion.

Earnings Expectations: Analysts anticipate Alliant will report a non-GAAP profit of $0.68 per share for Q4, reflecting a significant increase from the previous year; however, the stock has underperformed compared to sector benchmarks, and investor confidence has been shaken by reduced earnings guidance.

Alliant Energy Dividend Announcement: Alliant Energy's Board declared a quarterly cash dividend of $0.5075 per share, payable on February 18, 2025, marking 317 consecutive quarters of dividends since 1946.

Other Companies' Dividend Declarations: SL Green Realty announced a monthly dividend of $0.2575 per share, Huntington Bancshares maintained its dividend at $0.155 per share, and D.R. Horton declared a quarterly dividend of $0.40 per share, all with payment dates in February or April 2025.

Earnings Release Announcement: Alliant Energy Corporation has scheduled its fourth quarter and year-end 2024 earnings release for February 20, followed by a conference call on February 21 at 9 a.m. CT, which will be webcast live.

Company Overview: Alliant Energy provides regulated energy services to over 1 million electric and 425,000 natural gas customers in Iowa and Wisconsin, focusing on safe and efficient energy solutions.

Dividend Declaration: Alliant Energy Corporation's Board of Directors declared a quarterly cash dividend of $0.5075 per share, payable on February 18, 2025, to shareholders recorded by January 31, 2025.

Company Overview: Alliant Energy has paid dividends for 317 consecutive quarters since 1946 and serves approximately 1.4 million customers in Iowa and Wisconsin, focusing on delivering safe and efficient energy solutions.

Alliant Energy Corp RSI Analysis: Alliant Energy Corp's Relative Strength Index (RSI) is currently at 27.2, significantly lower than the average of 52.4 for energy stocks, indicating potential exhaustion of recent selling pressure and possible buying opportunities.

Stock Performance Overview: The stock has a 52-week range between $46.80 and $64.19, with the last trade at $57.54, reflecting a slight decline of 1.2% on the day.