Ensign Peak Advisors Inc Has $814,000 Position in Otter Tail Corporation $OTTR

Ensign Peak Advisors Inc reduced its stake in Otter Tail Corporation by 28% in Q2, now holding shares worth $814,000. Other investors adjusted their positions as well. Analysts have given Otter Tail a "Moderate Buy" rating with a price target of $83.00. The company reported Q3 earnings of $1.86 per share, beating estimates, and announced a quarterly dividend of $0.525.

Otter Tail | 10-Q: FY2025 Q3 Revenue Misses Estimate at USD 325.56 M

Otter Tail (OTTR): Earnings Expected to Fall 10.2% Annually, Quality Track Record Faces Slow Growth

Otter Tail (OTTR) anticipates a 10.2% annual decline in EPS and a modest 3.1% revenue growth, significantly lagging behind the US market's 10.5%. Analysts predict profit margins will drop from 21.8% to 13.9% in three years due to rising operating costs and capital expenditures. Despite a low PE ratio of 12.3x compared to the industry average, concerns about profitability persist. The company's $1.4 billion capital plan aims for 9% earnings growth, but success hinges on effective rate recovery and customer acquisition. Investors are advised to monitor these developments closely.

Otter Tail’s Earnings Call: Strong Performance and Strategic Growth

Otter Tail Corporation's earnings call highlighted strong financial performance, with Q3 EPS at $1.86 and an increased 2025 EPS guidance to $6.47. The company announced a $1.9 billion capital investment plan aiming for a 10% CAGR in its rate base and long-term EPS growth of 7-9%. Despite challenges in the Plastics and Manufacturing segments, and ongoing legal issues, the overall outlook remains positive, focusing on strategic growth and stability.

Otter Tail (NASDAQ:OTTR) Issues Earnings Results

Otter Tail (NASDAQ:OTTR) reported earnings of $1.86 EPS for the quarter, missing estimates of $1.89 by $0.03. Revenue was $325.56 million, below expectations of $337.40 million, with a net margin of 21.82% and return on equity of 16.85%. The company updated its FY 2025 guidance to 6.320-6.620 EPS. A quarterly dividend of $0.525 will be paid on December 10th. Analysts have a consensus rating of "Moderate Buy" with an average target price of $83.00.