Otter Tail (NASDAQ:OTTR) Reaches New 1-Year High – Here’s Why

15 Jul 2026, 16:41 by Michael Walen · The Markets Daily

Shares of Otter Tail Corporation (NASDAQ:OTTR – Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $93.00 and last traded at $93.0060, with a volume of 54366 shares traded. The stock had previously closed at $90.09.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on OTTR. Zacks Research lowered shares of Otter Tail from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 27th. Weiss Ratings upgraded shares of Otter Tail from a “hold (c)” rating to a “buy (b-)” rating in a research report on Monday, May 11th. KeyCorp reaffirmed a “sector weight” rating on shares of Otter Tail in a report on Monday, June 1st. Siebert Williams Shank lowered shares of Otter Tail from a “buy” rating to a “hold” rating and set a $86.00 target price for the company. in a research report on Wednesday, May 6th. Finally, UBS Group reissued a “reduce” rating on shares of Otter Tail in a research note on Friday, May 29th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $86.00.

Get Our Latest Report on Otter Tail

Otter Tail Price Performance

The firm has a market capitalization of $3.88 billion, a P/E ratio of 13.86 and a beta of 0.45. The business’s 50-day simple moving average is $88.39 and its 200 day simple moving average is $87.35. The company has a quick ratio of 1.64, a current ratio of 2.04 and a debt-to-equity ratio of 0.56.

Otter Tail (NASDAQ:OTTR – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.31. Otter Tail had a net margin of 21.34% and a return on equity of 15.21%. The company had revenue of $347.03 million during the quarter, compared to analysts’ expectations of $339.10 million. During the same quarter in the prior year, the company earned $1.62 EPS. The firm’s revenue was up 2.9% on a year-over-year basis. Sell-side analysts forecast that Otter Tail Corporation will post 5.48 earnings per share for the current year.

Otter Tail Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were paid a dividend of $0.5775 per share. This represents a $2.31 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Friday, May 15th. Otter Tail’s dividend payout ratio (DPR) is 34.63%.

Hedge Funds Weigh In On Otter Tail

A number of large investors have recently bought and sold shares of OTTR. JPMorgan Chase & Co. grew its holdings in shares of Otter Tail by 77.3% in the third quarter. JPMorgan Chase & Co. now owns 605,504 shares of the utilities provider’s stock worth $49,633,000 after purchasing an additional 264,009 shares during the last quarter. LSV Asset Management raised its holdings in Otter Tail by 217.6% during the 4th quarter. LSV Asset Management now owns 536,941 shares of the utilities provider’s stock valued at $43,390,000 after buying an additional 367,869 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in Otter Tail by 786.4% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 56,235 shares of the utilities provider’s stock valued at $4,550,000 after buying an additional 49,891 shares during the period. SG Americas Securities LLC boosted its position in Otter Tail by 86.8% during the 1st quarter. SG Americas Securities LLC now owns 25,504 shares of the utilities provider’s stock valued at $2,238,000 after buying an additional 11,850 shares during the period. Finally, MUFG Securities EMEA plc bought a new stake in Otter Tail in the 4th quarter worth $3,556,000. 61.32% of the stock is owned by hedge funds and other institutional investors.

About Otter Tail

(Get Free Report)

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.