Leeward Investments, LLC - MA 13F: Cuts IDA Stake by $1.2M

Leeward Investments, LLC has trimmed its position in IDACORP, Inc. by 9,062 shares, reducing its total holdings to 150,494 shares. This adjustment was disclosed in a filing on October 23, 2026, and represents a decrease of about 5.7% in their stake.

IDA IDACORP, Inc.

$140.68 ▲ +12.60% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Where IDACORP Fits in Leeward Investments' Portfolio

This position now accounts for 2.89% of Leeward's reported 13F portfolio, ranking 16th among its holdings.

Other Institutional Activity in IDACORP

Reaves (W.H.) & Company, Inc. reduced its stake in IDACORP by 30,428 shares, ending with 1,770,065 shares valued at approximately $248.18 million.

IDACORP, Inc. Stock Down 1.3%

IDACORP shares are currently trading around $140.21 as of October 27, 2026, which is about 0.3% below the event closing price of $140.68. The stock is 9.5% below its 52-week high of $154.91 and is above its 52-week low of $124.12 by 13.0%. The shares are also trading above their 50-day moving average by 3.6% but below their 200-day moving average by 0.2%.

Recent Earnings

For the trailing twelve months, IDACORP reported revenue of approximately $1.8 billion and an EPS of $6.03. The next earnings report is scheduled for October 29, 2026.

Dividend

IDACORP pays an annual dividend of $3.60 per share, equating to a yield of 2.56%, with a payout ratio of 58%.

Insider Buying and Selling at IDACORP, Inc.

Several insiders have sold shares recently. Officer Mitchel D. Colburn sold 1,300 shares at an average price of $142.65 on February 23, 2026. Officer Timothy E. Tatum sold 1,479 shares at $142.51 on March 3, 2026. Officer James Bo D. Hanchey sold 1,500 shares at $140.95 on May 29, 2026. Officer Adam Jared Richins sold 1,500 shares at $142.03 on June 10, 2026.

Analysts Set New Price Targets

Analysts remain optimistic about IDACORP. On October 21, 2026, Morgan Stanley maintained its Overweight rating with a price target of $144.00. Barclays also maintained an Overweight rating, adjusting its target to $149.00 on October 9, 2026. The current consensus recommendation is a buy, with a mean price target of $151.44 from nine analysts.

About IDACORP

IDACORP, Inc. engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates multiple hydropower and natural gas-fired plants, primarily serving customers in Idaho and surrounding areas.

Bottom Line

Investors should monitor IDACORP's upcoming earnings report on October 29, 2026, to gauge its financial performance. Leeward Investments' recent position adjustment reflects ongoing portfolio management as market conditions evolve.