Alliant Energy Corporation (LNT) Stock Forecasts

Summary

Vickers Stock Research, a subsidiary of Argus Research Group, analyzes insider trading and institutional stock ownership. Form 13Fs, which institutions must file to report their holdings, are due 45 days after the end of calendar quarters and have come in for 2Q24. We review 13Fs of major institutional investors, including activists, to see what they are buying and to look for trends. Activist investing is now less about generating a short-term return and more about achieving long-term returns through an active management/investor partnership. The stock-market volatility during 2Q gave those institutional investors a chance to buy a dip. Taking a look at the 13Fs from well-known institutional portfolios, we see that the big guns were busy, either adding new holdings or increasing existing holdings. Buying was across a variety of sectors. Based on Vickers data, the following are select purchases made in 2Q by some high-profile money managers: Chubb (CB) and Ulta Beauty (ULTA) bought by Berkshire Hathaway; Thermo Fisher Scientific (TMO) bought by Citadel; Accenture (ACN), Adobe (ADBE), and Broadcom bought by D.E. Shaw; Shopify (SHOP) and GE Aerospace (GE) bought by Artisan Partners; PayPal (PYPL), Shopify (SHOP), and Tesla (TSLA) bought by Ark Investment Management; and Salesforce (CRM) and Disney (DIS) bought by ValueAct Holdings. We also note one significant sale: Apple