IDACORP, Inc. $IDA Shares Bought by Capital International Investors

Posted by Geri Gentry on Jun 10th, 2026

Capital International Investors grew its stake in shares of IDACORP, Inc. (NYSE:IDA – Free Report) by 7.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 406,728 shares of the energy company’s stock after purchasing an additional 29,477 shares during the quarter. Capital International Investors’ holdings in IDACORP were worth $51,475,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of IDACORP by 79.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,940 shares of the energy company’s stock valued at $690,000 after acquiring an additional 2,625 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of IDACORP by 6.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 342,496 shares of the energy company’s stock valued at $39,805,000 after acquiring an additional 21,890 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of IDACORP by 8.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 143,677 shares of the energy company’s stock valued at $16,698,000 after acquiring an additional 10,855 shares during the period. American Century Companies Inc. increased its holdings in shares of IDACORP by 12.6% in the 2nd quarter. American Century Companies Inc. now owns 18,035 shares of the energy company’s stock valued at $2,082,000 after acquiring an additional 2,016 shares during the period. Finally, Invesco Ltd. increased its holdings in shares of IDACORP by 5.7% in the 2nd quarter. Invesco Ltd. now owns 247,190 shares of the energy company’s stock valued at $28,538,000 after acquiring an additional 13,297 shares during the period. Institutional investors and hedge funds own 89.10% of the company’s stock.

Wall Street Analyst Weigh In

IDA has been the topic of a number of recent research reports. Wall Street Zen raised shares of IDACORP from a “strong sell” rating to a “sell” rating in a report on Tuesday, May 12th. Morgan Stanley set a $147.00 target price on shares of IDACORP in a report on Thursday, May 21st. Weiss Ratings raised shares of IDACORP from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 6th. UBS Group lifted their target price on shares of IDACORP from $134.00 to $142.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Finally, Barclays lifted their target price on shares of IDACORP from $159.00 to $167.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Six analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $148.57.

View Our Latest Stock Report on IDA

Insider Activity at IDACORP

In other IDACORP news, VP James Bo D. Hanchey sold 1,500 shares of the business’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $140.95, for a total transaction of $211,425.00. Following the sale, the vice president directly owned 2,138 shares in the company, valued at approximately $301,351.10. The trade was a 41.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.33% of the company’s stock.

IDACORP Price Performance

Shares of NYSE IDA opened at $140.15 on Wednesday. The firm has a market capitalization of $7.77 billion, a P/E ratio of 23.32, a PEG ratio of 2.75 and a beta of 0.49. IDACORP, Inc. has a one year low of $111.12 and a one year high of $149.73. The company’s fifty day moving average is $143.37 and its two-hundred day moving average is $137.19. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.95 and a current ratio of 1.21.

IDACORP (NYSE:IDA – Get Free Report) last issued its earnings results on Thursday, April 30th. The energy company reported $1.21 EPS for the quarter, topping the consensus estimate of $1.12 by $0.09. The company had revenue of $403.41 million for the quarter, compared to analyst estimates of $437.51 million. IDACORP had a net margin of 18.60% and a return on equity of 9.40%. During the same period in the previous year, the firm earned $1.10 EPS. IDACORP has set its FY 2026 guidance at 6.250-6.450 EPS. Analysts forecast that IDACORP, Inc. will post 6.39 EPS for the current fiscal year.

IDACORP Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 5th were given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Tuesday, May 5th. IDACORP’s payout ratio is presently 58.57%.

IDACORP Company Profile

(Free Report)

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.