First Trust Advisors LP Sells 204,134 Shares of Otter Tail Corporation $OTTR

First Trust Advisors LP lowered its stake in shares of Otter Tail Corporation (NASDAQ:OTTR) by 25.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 606,504 shares of the utilities provider’s stock after selling 204,134 shares during the quarter. First Trust Advisors LP’s holdings in Otter Tail were worth $53,233,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LSV Asset Management increased its position in Otter Tail by 217.6% in 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 in the last quarter. SG Americas Securities LLC boosted its holdings in Otter Tail by 86.8% in the first quarter. SG Americas Securities LLC now owns 25,504 shares of the utilities provider’s stock worth $2,238,000 after acquiring an additional 11,850 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Otter Tail by 786.4% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 56,235 shares of the utilities provider’s stock worth $4,550,000 after acquiring an additional 49,891 shares in the last quarter. MUFG Securities EMEA plc acquired a new stake in Otter Tail in the fourth quarter valued at approximately $3,556,000. Finally, Thrivent Financial for Lutherans grew its stake in Otter Tail by 26.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 41,187 shares of the utilities provider’s stock valued at $3,328,000 after acquiring an additional 8,663 shares during the period. Institutional investors own 61.32% of the company’s stock.

Trending Headlines about Otter Tail

Here are the key news stories impacting Otter Tail this week:

• Positive Sentiment: KeyCorp raised its FY2026 EPS estimate for Otter Tail to $5.54 from $5.48, suggesting slightly better full-year profitability expectations. Otter Tail analyst update
• Positive Sentiment: Analysts also increased FY2028 and FY2030 earnings estimates, which can support sentiment around Otter Tail’s longer-term earnings trajectory. Otter Tail analyst update
• Neutral Sentiment: KeyCorp left its rating unchanged at Sector Weight, indicating no strong conviction to buy or sell the stock. Otter Tail analyst update
• Negative Sentiment: KeyCorp lowered its Q2, Q3, and Q4 2026 EPS estimates, which may temper enthusiasm about near-term earnings momentum. Otter Tail analyst update
• Neutral Sentiment: Reported short interest data showed no meaningful change in trading pressure, offering little immediate stock-specific impact. Otter Tail short interest update

Wall Street Analysts Forecast Growth

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

Otter Tail Stock Performance

Shares of Otter Tail stock opened at $92.34 on Monday. The company has a market cap of $3.88 billion, a PE ratio of 13.84 and a beta of 0.45. Otter Tail Corporation has a 52 week low of $74.15 and a 52 week high of $95.00. The business has a 50 day moving average price of $88.90 and a 200-day moving average price of $87.92. 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) last posted its earnings results on Tuesday, May 5th. The utilities provider reported $1.73 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.31. The company had revenue of $347.03 million for the quarter, compared to analyst estimates of $339.10 million. Otter Tail had a return on equity of 15.21% and a net margin of 21.34%.The company’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter last year, the company earned $1.62 earnings per share. Equities analysts anticipate that Otter Tail Corporation will post 5.54 earnings per share for the current fiscal year.

Otter Tail Dividend Announcement

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

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.