UBS Group AG Lowers Stock Position in Otter Tail Corporation $OTTR

Posted by Brian Himes on May 19th, 2026

UBS Group AG cut its stake in shares of Otter Tail Corporation (NASDAQ:OTTR – Free Report) by 35.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 95,588 shares of the utilities provider’s stock after selling 52,559 shares during the quarter. UBS Group AG owned approximately 0.23% of Otter Tail worth $7,724,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First Trust Advisors LP boosted its position in shares of Otter Tail by 17.8% in the third quarter. First Trust Advisors LP now owns 1,464,613 shares of the utilities provider’s stock worth $120,054,000 after purchasing an additional 221,039 shares during the period. JPMorgan Chase & Co. raised its position in shares of Otter Tail by 77.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 605,504 shares of the utilities provider’s stock valued at $49,633,000 after purchasing an additional 264,009 shares during the period. Bank of America Corp DE lifted its stake in shares of Otter Tail by 31.6% during the 2nd quarter. Bank of America Corp DE now owns 409,157 shares of the utilities provider’s stock valued at $31,542,000 after buying an additional 98,243 shares in the last quarter. Public Sector Pension Investment Board boosted its holdings in Otter Tail by 27.5% in the 3rd quarter. Public Sector Pension Investment Board now owns 182,086 shares of the utilities provider’s stock worth $14,926,000 after buying an additional 39,226 shares during the period. Finally, LSV Asset Management boosted its holdings in Otter Tail by 183.2% in the 3rd quarter. LSV Asset Management now owns 169,072 shares of the utilities provider’s stock worth $13,859,000 after buying an additional 109,372 shares during the period. 61.32% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have commented on OTTR shares. Weiss Ratings raised Otter Tail from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, May 11th. Zacks Research raised Otter Tail from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. Finally, Siebert Williams Shank cut Otter Tail from a “buy” rating to a “hold” rating and set a $86.00 target price for the company. in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $86.00.

Check Out Our Latest Stock Analysis on OTTR

Otter Tail Price Performance

OTTR stock opened at $88.06 on Tuesday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.64 and a current ratio of 2.04. The company’s fifty day moving average price is $87.97 and its 200-day moving average price is $85.65. Otter Tail Corporation has a one year low of $74.15 and a one year high of $92.24. The company has a market capitalization of $3.70 billion, a PE ratio of 13.20 and a beta of 0.47.

Otter Tail (NASDAQ:OTTR – Get Free Report) last posted its earnings results on Tuesday, May 5th. The utilities provider reported $1.73 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.31. The company had revenue of $347.03 million during the quarter, compared to analysts’ expectations of $339.10 million. Otter Tail had a net margin of 21.34% and a return on equity of 15.21%. Otter Tail’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period last year, the company posted $1.62 earnings per share. On average, equities analysts anticipate that Otter Tail Corporation will post 5.48 EPS for the current fiscal year.

Otter Tail Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be given a dividend of $0.5775 per share. The ex-dividend date is Friday, May 15th. This represents a $2.31 dividend on an annualized basis and a dividend yield of 2.6%. Otter Tail’s dividend payout ratio (DPR) is presently 34.63%.

Otter Tail Profile

(Free Report)

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.