Alliant Energy Corporation (LNT)

Alliant Energy's stock price has been impacted by several key events in the past six months. The company reported its first-quarter 2026 earnings with GAAP EPS of $0.87 and reaffirmed its 2026 ongoing EPS guidance range of $3.36 to $3.46. Expanding demand from data centers is a significant driver, with five fully executed data center agreements totaling approximately 3.4 gigawatts of contracted demand. This has led to a 17% increase in the company's four-year capital expenditure forecast, raising it to $13.4 billion. The stock has seen a 16.19% change over the past year, with a 52-week range between $58.98 and $75.76, closing at $74.06 as of May 1, 2026.

Demand for Alliant Energy's products and services is subject to seasonality, largely influenced by temperature. Energy consumption typically increases during extreme weather conditions. The company's financial results are impacted by estimated temperature effects on retail electric and gas sales. Alliant Energy also considers seasonal resource adequacy requirements in its resource plans and offers energy efficiency programs and demand response initiatives to manage peak periods.

Alliant Energy Corporation is a public utility holding company that provides regulated electric and natural gas services. The company generates and distributes electricity and distributes and transports natural gas to retail customers. Alliant Energy has non-regulated businesses, including freight services, wind turbine blade recycling, and a rail-served warehouse. The company also holds a 16% interest in American Transmission Company LLC.

Alliant Energy primarily serves approximately 1 million electric and 430,000 natural gas customers in Iowa and Wisconsin through its utility subsidiaries, IPL and WPL. IPL provides retail electric and gas service in Iowa and sells electricity to wholesale customers in Minnesota, Illinois, and Iowa. WPL provides retail and wholesale electric and retail gas service in Wisconsin. Additionally, Alliant Energy holds interests in a wind farm located in Oklahoma.

Alliant Energy has been recognized for its corporate responsibility, being included on Newsweek's "America's Most Responsible Companies" list. The company contributed over $6.5 million to communities in 2025. Alliant Energy emphasizes its mission to deliver affordable energy solutions and exceptional service while being a careful steward of the environment and supporting the communities it serves.

Alliant Energy's ownership is heavily concentrated among institutional investors, who collectively held approximately 83% of the company's shares as of July 2025. As of April 28, 2026, there were 838 institutional owners holding a total of 226,884,362 shares. The Vanguard Group, Inc. is the largest individual institutional shareholder, owning 13.14% of the company's shares. Individual insider ownership remains a small fraction, around 0.16% as of July 2025.