Otter Tail Corporation (OTTR)

In the past six months, OTTR's stock has trended upwards. Otter Tail reported an EPS of $1.86 in Q3 2025, surpassing estimates, but revenue decreased year-over-year. The company announced record annual earnings for 2024 and increased its dividend. The Plastics segment had strong financial results in 2024, while the Manufacturing segment navigated softened end market demand.

Demand seasonality varies by segment. The Electric segment is influenced by weather conditions. The Plastics segment experiences volatility in sales volumes for horticultural products, and demand for PVC pipe can be impacted by distributor inventory levels. The Manufacturing segment has been navigating softened end market demand, suggesting demand fluctuations based on economic cycles.

Otter Tail Corp. operates through three segments. The Electric segment generates, purchases, transmits, distributes, and sells electric energy to approximately 134,000 customers in western Minnesota, eastern North Dakota, and northeastern South Dakota, using various sources like coal, fuel oil, solar, wind, and natural gas. The Manufacturing segment is involved in contract machining, metal parts production, and the production of plastic thermoformed containers, catering to markets like recreational vehicles and agriculture. The Plastics segment produces PVC pipe for municipal water and other systems, marketing to wholesalers and distributors.

Otter Tail Corp.'s electric utility operations are concentrated in western Minnesota, eastern North Dakota, and northeastern South Dakota. The manufacturing facilities are located in Georgia, Illinois, and Minnesota, with products primarily sold within the United States. The plastics segment produces PVC pipe at plants in North Dakota and Arizona.

Otter Tail Corporation has a reputation for financial strength and operational excellence. The company emphasizes its commitment to environmental, economic, and community stewardship. The announcement of record annual earnings in 2024 contributed positively to its reputation. The electric utility segment focuses on delivering clean energy and investing in grid modernization.

Otter Tail Corp. has a diverse ownership structure, including institutional investors, individual investors, and insiders. Major institutional owners include BlackRock, Inc. and Vanguard Group Inc. Insiders hold approximately 1.87% of the company's stock.