Carnegie Investment Counsel 13F: Cuts LNT Stake by $1.5M

Carnegie Investment Counsel lowered its position in Alliant Energy Corporation (LNT) during the quarter, according to a Form 13F filing disclosed with the SEC on October 20, 2026. The firm parted with 25,065 shares of the utility holding company.

LNT Alliant Energy Corporation

$69.18 ▲ +7.94% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Carnegie Investment Counsel's Alliant Energy Position

The firm reduced its stake by 3.9%, leaving it with 624,312 shares at the close of the period. That remaining block carried a reported value of about $37.8 million based on filing calculations, down from the 649,377 shares held previously.

Other Institutional Activity in Alliant Energy

Other large money managers also adjusted their positions in Alliant Energy during recent reporting periods. Jupiter Topco LLC grew its holdings by 5,488,713 shares, ending with 10,977,426 shares worth about $757.9 million. Nuveen, LLC lifted its stake by 450,869 shares to finish with 7,890,946 shares valued at roughly $544.8 million. Massachusetts Financial Services Co. trimmed its holdings by 110,640 shares, holding 6,936,512 shares worth approximately $478.9 million. Victory Capital Management Inc. cut its position by 796,253 shares, ending with 6,442,409 shares valued at about $444.8 million.

Alliant Energy Corporation Stock Up 0.2%

Alliant Energy shares recently traded around $68.40. That puts the stock up about 2.1% since crossing its 50-day moving average, though it sits roughly 2.8% below its 200-day moving average. The shares have traded between a 52-week low of $62.54 and a 52-week high of $78.81.

Recent Earnings

Alliant Energy posted $4.43 billion in revenue over the last twelve months alongside basic earnings of $3.16 per share. The regulated utility generated an 18.4% net profit margin and an 11.1% return on equity during the period. The company is scheduled to report its next set of financial results on October 29, 2026.

Dividend

Alliant Energy distributes an annual dividend of $2.14 per share, translating to a dividend yield of 3.13%. The utility currently pays out 66% of its earnings to shareholders.

Insider Buying and Selling at Alliant Energy Corporation

Chief Financial Officer Robert J. Durian completed a transaction on August 10, 2026, involving shares valued at $7.00 at a reported price of $68.60.

Analysts Set New Price Targets

Wall Street firms updated their views on Alliant Energy ahead of the filing. BMO Capital maintained its Outperform rating while lowering its price target to $78.00 on August 3, 2026, following earlier adjustments at $80.00 and $83.00. Mizuho maintained a Neutral rating with a $75.00 price target on August 3, 2026. Barclays maintained an Equal-Weight rating while lowering its target from $73.00 to $68.00 on October 13, 2026. Analysts carry a consensus Buy rating on the stock with a mean price target of $75.50 across 12 opinions.

About Alliant Energy

Alliant Energy Corporation operates as a utility holding company providing regulated electricity and natural gas services to retail customers across parts of the United States, primarily in Iowa through its IPL and WPL segments. Changes in large institutional positions like Carnegie's offer a window into how professional managers allocate capital across defensive utility equities.

Bottom Line

Investors will watch Alliant Energy's upcoming earnings report on October 29, 2026, for fresh updates on regulatory proceedings and utility demand. Future SEC filings will reveal whether other institutional investors follow Carnegie's lead in adjusting their utility allocations.