Otter Tail Corporation $OTTR Stock Position Increased by ProShare Advisors LLC

ProShare Advisors LLC increased its stake in shares of Otter Tail Corporation (NASDAQ:OTTR) by 37.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 111,468 shares of the utilities provider’s stock after purchasing an additional 30,540 shares during the quarter. ProShare Advisors LLC’s holdings in Otter Tail were worth $9,814,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Jupiter Topco LLC acquired a new stake in shares of Otter Tail during the 2nd quarter worth about $1,611,000. Contravisory Investment Management Inc. purchased a new stake in shares of Otter Tail during the second quarter worth about $7,778,000. PDT Partners LLC purchased a new stake in shares of Otter Tail during the second quarter worth about $2,429,000. Capstone Investment Advisors LLC purchased a new stake in shares of Otter Tail during the second quarter worth about $1,513,000. Finally, Legal & General Group Plc acquired a new position in shares of Otter Tail in the second quarter valued at approximately $7,674,000. Institutional investors and hedge funds own 61.32% of the company’s stock.

Otter Tail Stock Down 8.9%

Shares of NASDAQ:OTTR opened at $83.41 on Wednesday. The stock’s 50-day moving average price is $89.25 and its two-hundred day moving average price is $88.80. The company has a current ratio of 1.71, a quick ratio of 1.36 and a debt-to-equity ratio of 0.60. Otter Tail Corporation has a 12-month low of $74.15 and a 12-month high of $95.09. The firm has a market cap of $3.50 billion, a price-to-earnings ratio of 19.91 and a beta of 0.42.

Otter Tail (NASDAQ:OTTR) last posted its quarterly earnings data on Monday, November 2nd. The utilities provider reported $1.41 EPS for the quarter, missing analysts’ consensus estimates of $1.55 by ($0.14). Otter Tail had a net margin of 13.45% and a return on equity of 13.47%. The company had revenue of $320.51 million for the quarter, compared to analyst estimates of $327.87 million. During the same period in the prior year, the company earned $1.86 EPS. The company’s revenue was down 1.6% compared to the same quarter last year. On average, research analysts forecast that Otter Tail Corporation will post 5.96 EPS for the current year.

Otter Tail Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Friday, November 13th will be given a $0.5775 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $2.31 annualized dividend and a dividend yield of 2.8%. Otter Tail’s dividend payout ratio (DPR) is currently 49.78%.

Trending Headlines about Otter Tail

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

• Positive Sentiment: Otter Tail declared a quarterly dividend of $0.5775 per share, equivalent to $2.31 annually and a yield of about 2.5%. Shareholders of record on November 13 are scheduled to receive it on December 10. Dividend announcement
• Neutral Sentiment: The company affirmed the midpoint of its 2026 EPS guidance while narrowing the range to $5.73–$6.03. However, the range remains below the roughly $6.05 analyst consensus, limiting the reassurance from maintaining the midpoint. Earnings release and guidance
• Negative Sentiment: Third-quarter diluted EPS was $1.41, below analyst estimates of about $1.55–$1.57 and down from $1.86 a year earlier. Revenue of $320.5 million also missed expectations of about $327.9 million and declined 1.6% year over year. The earnings miss is the main apparent pressure on the shares. Q3 results and analyst estimates

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Otter Tail from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, October 13th. Four analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $86.00.

Otter Tail Profile

Otter Tail Corporation is a diversified company headquartered in Fergus Falls, Minnesota. Through its electric utility subsidiary, Otter Tail Power Company, it generates, transmits and distributes electricity to residential, commercial, industrial and agricultural customers.

Otter Tail Power Company serves customers across portions of western Minnesota, eastern North Dakota and northeastern South Dakota. Its generation portfolio includes coal, natural gas, wind and other energy resources, supporting the company’s role as a regional provider of electric power and related utility services.

Beyond its utility operations, Otter Tail Corporation owns manufacturing businesses that produce fabricated metal components, plastic products and other specialized goods.