Aventail Capital Group LP Decreases Position in IDACORP, Inc. $IDA

Posted by Brian Himes on Jun 18th, 2026

Aventail Capital Group LP cut its stake in IDACORP, Inc. (NYSE:IDA – Free Report) by 37.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,726 shares of the energy company’s stock after selling 14,560 shares during the quarter. Aventail Capital Group LP’s holdings in IDACORP were worth $3,129,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Torren Management LLC purchased a new position in IDACORP in the 4th quarter valued at about $25,000. Caitong International Asset Management Co. Ltd lifted its stake in IDACORP by 630.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 219 shares of the energy company’s stock valued at $29,000 after buying an additional 189 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in IDACORP in the 3rd quarter valued at about $34,000. Los Angeles Capital Management LLC purchased a new position in IDACORP in the 4th quarter valued at about $35,000. Finally, Harbour Investments Inc. lifted its stake in IDACORP by 48.0% in the 4th quarter. Harbour Investments Inc. now owns 302 shares of the energy company’s stock valued at $38,000 after buying an additional 98 shares in the last quarter. 89.10% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Weiss Ratings raised shares of IDACORP from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 6th. Mizuho set a $157.00 price objective on shares of IDACORP in a report on Friday, May 1st. Barclays increased their price objective on shares of IDACORP from $159.00 to $167.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Morgan Stanley set a $147.00 price objective on shares of IDACORP in a report on Thursday, May 21st. Finally, Wall Street Zen upgraded shares of IDACORP from a “strong sell” rating to a “sell” rating in a report on Tuesday, May 12th. Six analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $148.57.

Read Our Latest Research Report on IDA

IDACORP Stock Down 0.9%

Shares of NYSE IDA opened at $141.83 on Thursday. The company has a 50 day simple moving average of $143.20 and a 200-day simple moving average of $137.74. The company has a market capitalization of $7.86 billion, a P/E ratio of 23.60, a P/E/G ratio of 2.85 and a beta of 0.49. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.21 and a quick ratio of 0.95. IDACORP, Inc. has a 1 year low of $112.85 and a 1 year high of $149.73.

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, topping analysts’ consensus estimates of $1.12 by $0.09. The business had revenue of $403.41 million during the quarter, compared to the consensus estimate of $437.51 million. IDACORP had a net margin of 18.60% and a return on equity of 9.40%. During the same quarter last year, the firm earned $1.10 EPS. IDACORP has set its FY 2026 guidance at 6.250-6.450 EPS. On average, equities research analysts predict that IDACORP, Inc. will post 6.39 earnings per share for the current year.

IDACORP Announces Dividend

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

Insiders Place Their Bets

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

About IDACORP

(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.