Vanguard Group Inc. Sells 39,028 Shares of IDACORP, Inc. $IDA

Key Points

• Vanguard Group Inc. trimmed its position by 39,028 shares (a 0.6% reduction) in Q4 but still holds 5,995,520 shares—about 11.09% of IDACORP valued at roughly $758.8M, and institutional investors own 89.1% of the stock.
• Q1 results: IDACORP beat EPS at $1.21 vs. $1.12 consensus and reaffirmed FY2026 guidance of $6.25–$6.45, but missed revenue ($403.4M vs. $437.5M) and trimmed its 2026 hydropower outlook to 5.5–7.0M MWh, a potential near‑term headwind.
• The company declared a $0.88 quarterly dividend (annualized $3.52, yield ~2.4%) payable June 1, while shares trade near their 12‑month high with a market cap of about $8.06B and a P/E around 24.4.

Vanguard Group Inc. lowered its position in IDACORP, Inc. (NYSE:IDA - Free Report) by 0.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 5,995,520 shares of the energy company's stock after selling 39,028 shares during the period. Vanguard Group Inc. owned about 11.09% of IDACORP worth $758,793,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Alps Advisors Inc. raised its position in IDACORP by 31.8% during the 3rd quarter. Alps Advisors Inc. now owns 29,178 shares of the energy company's stock valued at $3,856,000 after purchasing an additional 7,036 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. bought a new stake in IDACORP during the 3rd quarter valued at $21,486,000. SG Americas Securities LLC raised its position in IDACORP by 418.2% during the 3rd quarter. SG Americas Securities LLC now owns 37,846 shares of the energy company's stock valued at $5,001,000 after purchasing an additional 30,543 shares in the last quarter. Phocas Financial Corp. bought a new stake in IDACORP during the 4th quarter valued at $7,171,000. Finally, HighTower Advisors LLC raised its position in IDACORP by 122.2% during the 3rd quarter. HighTower Advisors LLC now owns 30,367 shares of the energy company's stock valued at $4,013,000 after purchasing an additional 16,699 shares in the last quarter. Institutional investors own 89.10% of the company's stock.

Insiders Place Their Bets

In related news, VP Julia A. Hilton sold 1,000 shares of the business's stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $142.79, for a total transaction of $142,790.00. Following the transaction, the vice president directly owned 2,313 shares in the company, valued at $330,273.27. The trade was a 30.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.33% of the stock is currently owned by company insiders.

Key IDACORP News

Here are the key news stories impacting IDACORP this week:

• Positive Sentiment: Q1 EPS beat and net income rise: IDACORP reported $1.21 EPS vs. $1.12 consensus and net income of $68.0M (up from $59.6M a year ago); management cited customer growth and recent rate changes as drivers. Business Wire Release
• Positive Sentiment: Company reaffirmed FY2026 EPS guidance of $6.25–$6.45, near consensus, which limits downside risk from the beat and supports dividend/utility stability narratives. TipRanks Summary
• Neutral Sentiment: Investor call/transcript provides additional color on operations, capital plans and regulatory posture — useful for modeling but no immediate surprises flagged. Earnings Call Transcript
• Negative Sentiment: Revenue miss and y/y decline: Q1 revenue was $403.4M vs. ~$437.5M expected, a negative top‑line surprise that suggests weaker commodity/other revenue or timing effects. Zacks Earnings Coverage
• Negative Sentiment: Trimmed hydropower outlook: management lowered expected 2026 hydropower generation to 5.5M–7.0M MWh, which can reduce low‑cost generation and push more expensive supply or higher purchased power costs later in the year. MSN / Article on Hydropower Outlook

IDACORP Trading Down 0.8%

Shares of NYSE:IDA opened at $146.60 on Friday. IDACORP, Inc. has a 12-month low of $108.15 and a 12-month high of $149.73. The business's fifty day simple moving average is $143.36 and its 200-day simple moving average is $135.43. The company has a market capitalization of $8.06 billion, a PE ratio of 24.39, a P/E/G ratio of 2.93 and a beta of 0.52. The company has a current ratio of 0.93, a quick ratio of 0.68 and a debt-to-equity ratio of 0.93.

IDACORP (NYSE:IDA - Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The energy company reported $1.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.12 by $0.09. IDACORP had a return on equity of 9.50% and a net margin of 18.60%.The business had revenue of $403.41 million for the quarter, compared to the consensus estimate of $437.51 million. During the same period last year, the business posted $1.10 EPS. IDACORP has set its FY 2026 guidance at 6.250-6.450 EPS. As a group, equities research analysts predict that IDACORP, Inc. will post 6.39 earnings per share for the current fiscal year.

IDACORP Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 5th will be issued a $0.88 dividend. The ex-dividend date is Tuesday, May 5th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 2.4%. IDACORP's dividend payout ratio (DPR) is currently 59.66%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on IDA shares. Wall Street Zen raised IDACORP from a "strong sell" rating to a "sell" rating in a research report on Sunday, April 26th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of IDACORP in a research report on Thursday, January 22nd. Barclays lifted their target price on IDACORP from $149.00 to $159.00 and gave the company an "overweight" rating in a research report on Wednesday, April 8th. Jefferies Financial Group cut their price target on IDACORP from $152.00 to $150.00 and set a "buy" rating on the stock in a report on Wednesday, January 28th. Finally, Wells Fargo & Company reiterated an "underweight" rating and issued a $121.00 price target on shares of IDACORP in a report on Tuesday, April 21st. Six investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, IDACORP has an average rating of "Moderate Buy" and an average price target of $148.86.

IDACORP Company Profile

IDACORP, Inc is a diversified energy holding company headquartered in Boise, Idaho, whose primary subsidiary, Idaho Power Company, operates as a regulated electric utility. Through Idaho Power, the company provides generation, transmission and distribution services to residential, commercial and industrial customers. The company's service territory spans southern Idaho and eastern Oregon, where it serves over half a million customers with a mix of hydroelectric, natural gas, wind and solar generation assets.

Idaho Power's generation portfolio is anchored by a network of hydroelectric facilities along the Snake River system, complemented by natural-gas-fired plants and growing investments in renewable resources.

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