Otter Tail (NASDAQ:OTTR – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 5.220-5.620 for the period, compared to the consensus estimate of 5.610. The company issued revenue guidance of -.
Analyst Ratings Changes
A number of equities analysts have issued reports on the company. Zacks Research raised Otter Tail from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. Weiss Ratings downgraded shares of Otter Tail from a “buy (b)” rating to a “hold (c+)” rating in a research report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $83.00.
Read Our Latest Research Report on Otter Tail
Otter Tail Stock Down 0.2%
Otter Tail (NASDAQ:OTTR – Get Free Report) last released its earnings results on Monday, May 4th. The utilities provider reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.31. Otter Tail had a return on equity of 15.36% and a net margin of 21.16%.Otter Tail has set its FY 2026 guidance at 5.220-5.620 EPS. Research analysts predict that Otter Tail will post 5.48 EPS for the current year.
Institutional Trading of Otter Tail
A number of institutional investors and hedge funds have recently modified their holdings of the business. Birchwood Financial Partners Inc. bought a new position in shares of Otter Tail in the 4th quarter worth about $40,000. Aster Capital Management DIFC Ltd bought a new stake in shares of Otter Tail during the 4th quarter valued at about $41,000. UMB Bank n.a. raised its stake in Otter Tail by 302.5% during the fourth quarter. UMB Bank n.a. now owns 644 shares of the utilities provider’s stock worth $52,000 after acquiring an additional 484 shares during the period. BI Asset Management Fondsmaeglerselskab A S bought a new position in Otter Tail in the second quarter worth about $53,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Otter Tail by 43.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 950 shares of the utilities provider’s stock valued at $77,000 after acquiring an additional 289 shares during the period. 61.32% of the stock is owned by institutional investors and hedge funds.
Otter Tail Company Profile
Otter Tail Corporation, through its primary subsidiary Otter Tail Power Company, is a regulated electric utility engaged in the generation, transmission and distribution of electricity. The company operates a diversified portfolio of owned and contracted power generation facilities, including coal, natural gas, wind and hydroelectric units, supplemented by long-term power purchase agreements. In addition to utility operations, Otter Tail provides related engineering, construction and maintenance services to support grid reliability and efficiency.
The company’s service territory covers a predominantly rural footprint in the Upper Midwest, including communities in west-central Minnesota, eastern North Dakota, northwest Wisconsin and small portions of South Dakota.
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