Otter Tail (NASDAQ:OTTR) Stock Rating Raised to Buy at Siebert Williams Shank

Key Points

• Siebert Williams Shank upgraded Otter Tail to Buy from Hold, with a $91 price target—about 8% above the share price cited in the report. Overall analyst consensus remains Hold.
• Otter Tail’s latest quarter fell short of expectations: EPS was $1.41 versus estimates near $1.55, while revenue of $320.5 million missed forecasts and declined 1.6% year over year.
• The company reaffirmed the midpoint of its 2026 earnings guidance and narrowed its range to $5.73–$6.03 per share, below the cited analyst consensus of $6.05. It also declared a quarterly dividend of $0.5775 per share.

Otter Tail (NASDAQ:OTTR - Get Free Report) was upgraded by equities research analysts at Siebert Williams Shank from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Wednesday, Marketbeat reports. The firm currently has a $91.00 price objective on the utilities provider's stock. Siebert Williams Shank's price target suggests a potential upside of 8.01% from the company's current price.

Separately, Weiss Ratings lowered Otter Tail from a "hold (c+)" rating to a "hold (c)" rating in a research report on Tuesday. One research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $91.00.

Otter Tail Price Performance

Shares of NASDAQ:OTTR traded up $0.84 on Wednesday, reaching $84.25. 128,931 shares of the company traded hands, compared to its average volume of 250,789. Otter Tail has a fifty-two week low of $80.00 and a fifty-two week high of $95.09. The company's 50 day moving average is $89.25 and its 200-day moving average is $88.80. The stock has a market capitalization of $3.54 billion, a PE ratio of 20.13 and a beta of 0.42. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.71 and a quick ratio of 1.36.

Otter Tail (NASDAQ:OTTR - Get Free Report) last released its quarterly earnings data 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). The company had revenue of $320.51 million for the quarter, compared to the consensus estimate of $327.87 million. Otter Tail had a return on equity of 13.47% and a net margin of 13.45%. The business's revenue was down 1.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.86 earnings per share. As a group, analysts anticipate that Otter Tail will post 5.96 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Otter Tail

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

Otter Tail News Roundup

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

About Otter Tail

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.

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