Otter Tail Corporation (OTTR) reported second-quarter operating revenue of $334.4 million for the quarter ended June 30, 2026, compared with $333.0 million a year earlier. The company posted a net loss of $7.6 million, or $0.18 per diluted share.
The quarter included $103.5 million in legal settlement expenses tied to agreements with three putative classes in PVC pipe U.S. antitrust litigation. Otter Tail updated its 2026 diluted EPS guidance to $3.84 to $4.24 and declared a quarterly dividend of $0.5775 per share.
- Q2 total operating revenue was $334.4 million, up from $333.0 million in the prior-year quarter.
- Q2 net loss was $7.6 million, compared with net income of $77.7 million a year earlier.
- Diluted loss per share was $0.18, compared with diluted EPS of $1.85 in Q2 2025.
- Electric segment operating revenue fell 5.8% to $121.3 million.
- Manufacturing segment operating revenue rose 12.4% to $88.5 million.
- Plastics segment operating revenue declined 0.8% to $124.6 million.
- Total available liquidity was $601.4 million as of June 30, 2026.
$OTTR Hedge Fund Activity
We have seen 155 institutional investors add shares of $OTTR stock to their portfolio, and 121 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- LSV ASSET MANAGEMENT added 505,972 shares (+94.2%) to their portfolio in Q1 2026, for an estimated $44,409,162
- TWO SIGMA INVESTMENTS, LP added 391,281 shares (+144.0%) to their portfolio in Q1 2026, for an estimated $34,342,733
- FIRST TRUST ADVISORS LP removed 204,134 shares (-25.2%) from their portfolio in Q1 2026, for an estimated $17,916,841
- ADAGE CAPITAL PARTNERS GP, L.L.C. added 177,000 shares (+107.3%) to their portfolio in Q1 2026, for an estimated $15,535,290
- GOLDMAN SACHS GROUP INC added 156,194 shares (+47.5%) to their portfolio in Q1 2026, for an estimated $13,709,147
- MORGAN STANLEY added 92,145 shares (+16.4%) to their portfolio in Q1 2026, for an estimated $8,087,566
- PRICE T ROWE ASSOCIATES INC /MD/ added 87,927 shares (+197.4%) to their portfolio in Q1 2026, for an estimated $7,717,352
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.