Jefferies Financial Group Inc. Invests $907,000 in Otter Tail Corporation $OTTR

Posted by George Bondi on Aug 31st, 2026

Jefferies Financial Group Inc. bought a new stake in shares of Otter Tail Corporation (NASDAQ:OTTR – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,082 shares of the utilities provider’s stock, valued at approximately $907,000.

Several other institutional investors have also recently made changes to their positions in OTTR. Royal Bank of Canada lifted its position in shares of Otter Tail by 2.5% during the 1st quarter. Royal Bank of Canada now owns 116,479 shares of the utilities provider’s stock valued at $9,361,000 after buying an additional 2,807 shares in the last quarter. AQR Capital Management LLC raised its stake in Otter Tail by 26.9% during the 1st quarter. AQR Capital Management LLC now owns 22,709 shares of the utilities provider’s stock worth $1,825,000 after acquiring an additional 4,815 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Otter Tail by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,611 shares of the utilities provider’s stock worth $1,978,000 after acquiring an additional 1,067 shares during the period. United Services Automobile Association purchased a new position in Otter Tail during the first quarter valued at approximately $223,000. Finally, Jane Street Group LLC lifted its holdings in Otter Tail by 190.8% during the first quarter. Jane Street Group LLC now owns 54,112 shares of the utilities provider’s stock valued at $4,349,000 after purchasing an additional 35,505 shares in the last quarter. Institutional investors own 61.32% of the company’s stock.

Analyst Ratings Changes

OTTR has been the subject of a number of analyst reports. Siebert Williams Shank cut shares of Otter Tail from a “buy” rating to a “hold” rating and set a $86.00 price objective for the company. in a research note on Wednesday, May 6th. UBS Group reissued a “reduce” rating on shares of Otter Tail in a report on Friday, May 29th. Weiss Ratings raised Otter Tail from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 24th. KeyCorp restated a “sector weight” rating on shares of Otter Tail in a research note on Monday, June 1st. Finally, Zacks Research lowered shares of Otter Tail from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 27th. Four investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Otter Tail has a consensus rating of “Reduce” and a consensus price target of $86.00.

View Our Latest Analysis on OTTR

Otter Tail Stock Performance

Shares of OTTR stock opened at $90.84 on Monday. The company has a current ratio of 1.71, a quick ratio of 1.36 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $3.81 billion, a price-to-earnings ratio of 19.58 and a beta of 0.45. Otter Tail Corporation has a 12-month low of $74.15 and a 12-month high of $95.09. The stock’s 50-day moving average price is $91.17 and its 200-day moving average price is $88.83.

Otter Tail (NASDAQ:OTTR – Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The utilities provider reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.51 by $0.15. The company had revenue of $334.38 million during the quarter, compared to analyst estimates of $326.13 million. Otter Tail had a return on equity of 14.56% and a net margin of 14.83%.The firm’s revenue was up .4% on a year-over-year basis. During the same period in the prior year, the company earned $1.85 earnings per share. Otter Tail has set its FY 2026 guidance at 5.680-6.080 EPS. Equities research analysts predict that Otter Tail Corporation will post 5.88 EPS for the current fiscal year.

Otter Tail Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be given a $0.5775 dividend. This represents a $2.31 annualized dividend and a yield of 2.5%. The ex-dividend date is Friday, August 14th. Otter Tail’s payout ratio is currently 49.78%.

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.