Vanguard Group Inc. Sells 23,819 Shares of IDACORP, Inc. $IDA

Vanguard Group Inc. trimmed its holdings in IDACORP, Inc. (NYSE:IDA) by 0.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,034,548 shares of the energy company’s stock after selling 23,819 shares during the quarter. Vanguard Group Inc. owned approximately 11.17% of IDACORP worth $797,466,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Texas Yale Capital Corp. increased its stake in IDACORP by 0.4% in the third quarter. Texas Yale Capital Corp. now owns 33,375 shares of the energy company’s stock worth $4,411,000 after purchasing an additional 120 shares during the period. State of New Jersey Common Pension Fund D lifted its holdings in IDACORP by 4.0% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 18,572 shares of the energy company’s stock valued at $2,454,000 after buying an additional 718 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of IDACORP by 4.1% during the third quarter. PNC Financial Services Group Inc. now owns 5,936 shares of the energy company’s stock valued at $784,000 after acquiring an additional 232 shares in the last quarter. HighTower Advisors LLC increased its holdings in IDACORP by 122.2% during the 3rd quarter. HighTower Advisors LLC now owns 30,367 shares of the energy company’s stock worth $4,013,000 after purchasing an additional 16,699 shares during the period. Finally, Aberdeen Group plc raised its position in IDACORP by 12.5% during the 3rd quarter. Aberdeen Group plc now owns 130,454 shares of the energy company’s stock valued at $17,050,000 after purchasing an additional 14,476 shares in the last quarter. Hedge funds and other institutional investors own 89.10% of the company’s stock.

Wall Street Analyst Weigh In

IDA has been the subject of several recent research reports. Weiss Ratings restated a “buy (b)” rating on shares of IDACORP in a report on Thursday, January 22nd. Mizuho increased their price objective on shares of IDACORP from $141.00 to $148.00 and gave the company an “outperform” rating in a research note on Friday. Wells Fargo & Company downgraded shares of IDACORP from an “equal weight” rating to an “underweight” rating and reduced their price objective for the stock from $129.00 to $118.00 in a research note on Tuesday, January 20th. Wall Street Zen lowered IDACORP from a “hold” rating to a “sell” rating in a report on Sunday. Finally, UBS Group lifted their price target on IDACORP from $134.00 to $142.00 and gave the company a “neutral” rating in a report on Friday. Eight equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $140.67.

IDACORP Stock Performance

Shares of IDA stock opened at $139.86 on Monday. The company has a current ratio of 0.93, a quick ratio of 0.68 and a debt-to-equity ratio of 0.93. The company has a market cap of $7.68 billion, a PE ratio of 23.70, a PEG ratio of 2.72 and a beta of 0.59. IDACORP, Inc. has a 12-month low of $108.15 and a 12-month high of $145.94. The business’s fifty day simple moving average is $132.08 and its 200-day simple moving average is $129.98.

IDACORP (NYSE:IDA) last issued its quarterly earnings results on Thursday, February 19th. The energy company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.04. IDACORP had a return on equity of 9.36% and a net margin of 17.84%.The business had revenue of $405.24 million during the quarter, compared to the consensus estimate of $533.06 million. During the same quarter last year, the company earned $0.70 earnings per share. IDACORP has set its FY 2026 guidance at 6.250-6.450 EPS. Analysts expect that IDACORP, Inc. will post 5.81 earnings per share for the current fiscal year.

IDACORP Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, February 5th will be issued a $0.88 dividend. The ex-dividend date of this dividend is Thursday, February 5th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 2.5%. IDACORP’s dividend payout ratio (DPR) is currently 59.66%.

Trending Headlines about IDACORP

Here are the key news stories impacting IDACORP this week:

• Positive Sentiment: Q4 earnings beat and raised near‑term outlook: IDACORP reported $0.78 EPS for Q4, topping the consensus of $0.74, and reiterated stronger full‑year performance. The beat — plus management’s FY‑2026 EPS guidance of $6.25–$6.45 — supports the stock’s move higher. Read More.
• Positive Sentiment: Multi‑year capex and EPS growth target: Management outlined a multi‑year plan (~$7B) and set an ~8% EPS growth target while advancing major projects — signaling commitment to regulated utility investments that should drive rate base growth over time. Read More.
• Positive Sentiment: Dividend investor appeal: Recent coverage highlights IDA as an attractive dividend stock, reinforcing interest from income‑focused investors given its payout history and regulated utility profile. Read More.
• Neutral Sentiment: Management materials available: The company posted its earnings slide deck and earnings‑call presentation (useful for modelers and analysts reviewing capex phasing, project timelines and rate case assumptions). Read More.
• Neutral Sentiment: Earnings call transcript for detail: The full earnings‑call transcript provides color on cost drivers, customer growth and capital spending priorities — valuable for assessing execution risk. Read More.
• Negative Sentiment: Revenue came in below some estimates: Q4 revenue of ~$405M was materially under a cited consensus (~$533M), which could reflect timing of recoverable costs or other one‑time items; investors should watch cash flow and regulatory recovery mechanics. Read More.
• Negative Sentiment: Analyst valuation split and capex execution risk: Coverage notes an analyst valuation split and highlights that higher capex increases execution and financing risk (debt ratios, rate cases). Monitor guidance updates, leverage metrics and returns on major projects. Read More.

IDACORP Company Profile

IDACORP, Inc is a diversified energy holding company headquartered in Boise, Idaho, whose primary subsidiary, Idaho Power Company, operates as a regulated electric utility. Through Idaho Power, the company provides generation, transmission and distribution services to residential, commercial and industrial customers. The company’s service territory spans southern Idaho and eastern Oregon, where it serves over half a million customers with a mix of hydroelectric, natural gas, wind and solar generation assets.

Idaho Power’s generation portfolio is anchored by a network of hydroelectric facilities along the Snake River system, complemented by natural-gas-fired plants and growing investments in renewable resources.