Otter Tail (NASDAQ:OTTR) Stock Lifted to Buy by Siebert Williams Shank

Otter Tail (NASDAQ:OTTR) was upgraded by stock analysts at Siebert Williams Shank from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday, Marketbeat reports. The brokerage currently has a $91.00 price objective on the utilities provider’s stock. Siebert Williams Shank‘s price objective points to a potential upside of 8.01% from the stock’s previous close.

Separately, Weiss Ratings cut Otter Tail from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $91.00.

Otter Tail Stock Up 1.0%

OTTR traded up $0.84 during trading on Wednesday, reaching $84.25. 128,931 shares of the stock traded hands, compared to its average volume of 250,789. The stock has a market cap of $3.54 billion, a price-to-earnings ratio of 20.13 and a beta of 0.42. Otter Tail has a fifty-two week low of $80.00 and a fifty-two week high of $95.09. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.71 and a quick ratio of 1.36. The stock’s 50-day simple moving average is $89.25 and its two-hundred day simple moving average is $88.80.

Otter Tail (NASDAQ:OTTR) last issued its earnings results on Monday, November 2nd. The utilities provider reported $1.41 earnings per share for the quarter, missing the consensus estimate of $1.55 by ($0.14). Otter Tail had a return on equity of 13.47% and a net margin of 13.45%. The firm had revenue of $320.51 million during the quarter, compared to analyst estimates of $327.87 million. During the same period in the previous year, the company earned $1.86 earnings per share. The business’s revenue for the quarter was down 1.6% on a year-over-year basis. As a group, equities research analysts expect that Otter Tail will post 5.96 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 company. Northwestern Mutual Wealth Management Co. grew its stake in Otter Tail by 16.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,091 shares of the utilities provider’s stock valued at $98,000 after buying an additional 155 shares during the last quarter. Vise Technologies Inc. raised its holdings in Otter Tail by 6.7% in the 3rd quarter. Vise Technologies Inc. now owns 2,503 shares of the utilities provider’s stock worth $220,000 after acquiring an additional 158 shares during the period. Strs Ohio raised its holdings in Otter Tail by 33.3% in the 1st quarter. Strs Ohio now owns 800 shares of the utilities provider’s stock worth $70,000 after acquiring an additional 200 shares during the period. Sound Income Strategies LLC lifted its position in Otter Tail by 248.8% during the 1st quarter. Sound Income Strategies LLC now owns 286 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 204 shares during the last quarter. Finally, Abel Hall LLC lifted its position in Otter Tail by 9.4% during the 3rd quarter. Abel Hall LLC now owns 2,664 shares of the utilities provider’s stock worth $235,000 after acquiring an additional 229 shares during the last quarter. 61.32% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting 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 stated yield of 2.8%. The dividend may appeal to income-focused investors. Dividend details
• Neutral Sentiment: The company affirmed the midpoint of its 2026 earnings guidance and narrowed the range to $5.73–$6.03 per share. Reaffirming the outlook provides some reassurance, though the range is below the $6.05 analyst consensus. Third-quarter results and guidance
• Negative Sentiment: Third-quarter diluted EPS was $1.41, below estimates of roughly $1.54–$1.57 and down from $1.86 a year earlier. Revenue of $320.5 million also missed expectations of $327.9 million and fell 1.6% year over year. Coverage cited weakness in the plastics business as a drag, adding to concerns about near-term performance. Q3 earnings analysis

Otter Tail Company 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.