Renaissance Technologies LLC Sells 6,688 Shares of Otter Tail Corporation $OTTR

Posted by Geri Gentry on Aug 17th, 2026

Renaissance Technologies LLC lessened its position in shares of Otter Tail Corporation (NASDAQ:OTTR – Free Report) by 50.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,610 shares of the utilities provider’s stock after selling 6,688 shares during the quarter. Renaissance Technologies LLC’s holdings in Otter Tail were worth $580,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Sound Income Strategies LLC increased its position in Otter Tail by 248.8% in the first quarter. Sound Income Strategies LLC now owns 286 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 204 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Otter Tail by 129.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 376 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 212 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Otter Tail during the 4th quarter valued at about $31,000. Motiv8 Investments LLC bought a new position in shares of Otter Tail in the 4th quarter valued at about $34,000. Finally, SHP Wealth Management bought a new position in shares of Otter Tail in the 4th quarter valued at about $40,000. Institutional investors own 61.32% of the company’s stock.

Otter Tail Price Performance

OTTR opened at $92.87 on Monday. The stock has a market cap of $3.90 billion, a P/E ratio of 20.02 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 company has a quick ratio of 1.36, a current ratio of 1.71 and a debt-to-equity ratio of 0.60. The company has a fifty day simple moving average of $90.51 and a 200 day simple moving average of $88.55.

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

Otter Tail Announces Dividend

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

Analyst Upgrades and Downgrades

OTTR has been the subject of a number of recent research reports. Zacks Research downgraded shares of Otter Tail from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 27th. UBS Group reaffirmed a “reduce” rating on shares of Otter Tail in a report on Friday, May 29th. Siebert Williams Shank cut shares of 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. KeyCorp reissued a “sector weight” rating on shares of Otter Tail in a research note on Monday, June 1st. Finally, Weiss Ratings lowered Otter Tail from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, August 6th. Four equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $86.00.

Read Our Latest Analysis on OTTR

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.