Fox Run Management L.L.C. Makes New Investment in Ormat Technologies, Inc. $ORA

Fox Run Management L.L.C. bought a new position in shares of Ormat Technologies, Inc. (NYSE:ORAFree Report) during the third quarter, Holdings Channel reports. The institutional investor bought 7,334 shares of the energy company’s stock, valued at approximately $706,000.

A number of other large investors also recently modified their holdings of the business. LGT Capital Partners LTD. acquired a new position in shares of Ormat Technologies in the 3rd quarter valued at about $342,000. Ontario Teachers Pension Plan Board bought a new position in Ormat Technologies in the third quarter worth about $2,518,000. L & S Advisors Inc acquired a new position in Ormat Technologies in the third quarter valued at approximately $941,000. Northwestern Mutual Investment Management Company LLC boosted its stake in Ormat Technologies by 5.2% in the third quarter. Northwestern Mutual Investment Management Company LLC now owns 13,535 shares of the energy company’s stock valued at $1,303,000 after acquiring an additional 668 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Ormat Technologies by 25.7% during the third quarter. PNC Financial Services Group Inc. now owns 2,023 shares of the energy company’s stock valued at $195,000 after purchasing an additional 414 shares during the last quarter. 95.49% of the stock is currently owned by institutional investors.

Ormat Technologies Trading Down 2.6%

Shares of ORA stock opened at $103.68 on Friday. Ormat Technologies, Inc. has a 1 year low of $64.39 and a 1 year high of $132.58. The firm has a market capitalization of $6.30 billion, a PE ratio of 51.58, a price-to-earnings-growth ratio of 4.31 and a beta of 0.77. The stock has a fifty day moving average of $118.47 and a two-hundred day moving average of $108.09. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.70 and a current ratio of 0.77.

Ormat Technologies (NYSE:ORAGet Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The energy company reported $0.67 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.67. The business had revenue of $276.04 million for the quarter, compared to analysts’ expectations of $257.75 million. Ormat Technologies had a net margin of 12.52% and a return on equity of 5.24%. The company’s revenue was up 19.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.67 earnings per share. As a group, research analysts expect that Ormat Technologies, Inc. will post 1.94 EPS for the current year.

Ormat Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, March 10th. Ormat Technologies’s dividend payout ratio is currently 23.88%.

Wall Street Analyst Weigh In

ORA has been the topic of several recent research reports. Barclays cut their price target on Ormat Technologies from $118.00 to $108.00 and set an “overweight” rating on the stock in a report on Thursday, January 15th. Roth Mkm set a $139.00 target price on Ormat Technologies in a research note on Wednesday, January 28th. JPMorgan Chase & Co. boosted their price target on shares of Ormat Technologies from $99.00 to $111.00 and gave the company a “neutral” rating in a report on Wednesday, November 5th. Oppenheimer upped their price target on shares of Ormat Technologies from $125.00 to $136.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 27th. Finally, Jefferies Financial Group cut shares of Ormat Technologies from a “buy” rating to a “hold” rating and increased their price objective for the stock from $125.00 to $130.00 in a report on Friday, February 13th. Seven analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $128.00.

Get Our Latest Stock Report on Ormat Technologies

Key Headlines Impacting Ormat Technologies

Here are the key news stories impacting Ormat Technologies this week:

  • Positive Sentiment: Q4 results: Revenue rose 19.6% to $276.0M and beat estimates; EPS met consensus. Management issued 2026 revenue guidance of up to $1.16B (about 14.6% growth), which supports topline momentum and longer‑term growth expectations. Zacks: ORA Q4 Earnings Meet Estimates
  • Positive Sentiment: Company is expanding its PPA (power purchase agreement) portfolio and investing in EGS (enhanced geothermal systems), initiatives management flagged as drivers of mid‑term revenue growth. Seeking Alpha: Ormat expects 14.6% revenue growth
  • Neutral Sentiment: Management released the earnings slide deck and call materials (presentation and transcript available), useful for investors assessing segment dynamics and project pipeline. Earnings Presentation Earnings Transcript
  • Neutral Sentiment: Board declared a modest quarterly dividend of $0.12 per share (ex‑dividend March 10), which is income‑supportive but small relative to total return expectations.
  • Negative Sentiment: Analysts trimmed price targets: Robert W. Baird cut its target from $143 to $130 (still Outperform) and TD Cowen trimmed its target from $131 to $125 (still Buy). Those reductions can sap near‑term upside and trigger selling. Benzinga: Baird PT Cut
  • Negative Sentiment: Coverage and commentary on recent share‑price volatility and valuation have raised investor caution — ORA carries a high P/E and investors may be taking profits after the run, amplifying downward pressure. Yahoo Finance: Valuation After Volatility

Ormat Technologies Profile

(Free Report)

Ormat Technologies, Inc is a leading renewable energy company specializing in geothermal and recovered energy power plants. Through its vertically integrated business model, Ormat designs, develops, engineers, constructs, owns and operates clean energy projects worldwide. The company’s core technology centers on the Organic Rankine Cycle (ORC), which converts heat from geothermal sources or industrial waste streams into sustainable electricity without combustion.

Ormat’s offering includes turnkey power plant solutions, proprietary ORC equipment and ongoing operations and maintenance services.

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Institutional Ownership by Quarter for Ormat Technologies (NYSE:ORA)

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