Otter Tail Corporation (OTTR)

In the past six months, Otter Tail Corporation's stock has trended upwards by 7.56%, reaching a new 52-week high of $86.77 on January 12, 2026. On January 8, 2026, the company announced a 10% increase in its quarterly dividend to $0.5775 per share. On November 3, 2025, Otter Tail Corporation announced its third-quarter 2025 financial results, reporting diluted earnings per share (EPS) of $1.86 and revenue of $325.56 million. In October 2025, Zacks Research raised Otter Tail to a "hold" rating, and Weiss Ratings upgraded Otter Tail from a "hold (c+)" rating to a "buy (b-)" rating. On October 31, 2025, Otter Tail Power Company requested a Minnesota rate increase of approximately $44.8 million, or 17.7%. On December 18, 2025, Otter Tail Corporation appointed Chris Clark and Steve Rasche to its Board of Directors.

Demand seasonality varies across Otter Tail Corporation's segments. The electric utility business experiences seasonal demand fluctuations, utilizing a mix of generation sources to manage operational demands. The manufacturing segment has faced "end market demand headwinds," with sales volumes remaining below historic levels. The plastics segment experienced decreased sales volumes in 2023 as order and delivery lead times normalized, but showed strong performance in Q3 2025 and is targeting a 15% increase in total production capacity.

Otter Tail Corporation is a diversified holding company operating in the electric utility, manufacturing, and plastics sectors in the United States. Founded in 1907 and headquartered in Fergus Falls, Minnesota, the company operates through three segments: Electric, Manufacturing, and Plastics. The Electric segment generates, transmits, and distributes electric energy in Minnesota, North Dakota, and South Dakota. The Manufacturing segment produces machined parts, metal stampings, and plastic containers for various industries. The Plastics segment manufactures PVC pipes for water and drainage systems.

Otter Tail Corporation's electric utility operations primarily serve a rural footprint in the Upper Midwest, including west-central Minnesota, eastern North Dakota, and northeastern South Dakota. The manufacturing facilities are located in several U.S. states, including Georgia, Illinois, and Minnesota. The plastics segment produces PVC pipes at plants in North Dakota and Arizona, with products sold primarily in the western half of the United States and Canada. The company has a significant presence in the northern, midwestern, south-central, and western regions of the U.S.

Otter Tail Corporation has a reputation for financial strength, operational excellence, and a forward-thinking approach to business. The company's corporate identity is rooted in regulated utility service and infrastructure stewardship, emphasizing service continuity and regulatory oversight. Its regional focus allows for closer engagement with community stakeholders and regulators. The company's consistent dividend growth and focus on delivering clean energy contribute positively to its image.

Otter Tail Corporation is heavily dominated by institutional owners, who collectively hold approximately 75% of the shares. BlackRock, Inc. is the largest shareholder with 15% of shares outstanding as of December 1, 2025, followed by Vanguard Group Inc. with 11% of shares outstanding as of August 16, 2022. Individual investors hold a substantial stake, estimated at around 23% to 50% of the company. Insiders, including CEO Charles MacFarlane, own a smaller percentage, with the CEO holding approximately 0.6% to 0.7% of the company's shares.