Do You Believe in the Growth Potential of IDACORP (IDA)?

Aristotle Capital Boston, LLC, an investment advisor, released its fourth-quarter investor letter for “Small Cap Equity Fund”. A copy of the letter can be downloaded here. U.S. small-cap equities reported modest gains in the fourth quarter of 2025. The quarter started as a continuation of the post-Liberation Day risk-on market environment, while it ended on a strong note, driven by a positive macroeconomic backdrop. Attractive valuations, earnings recovery, broadening of the market, and a shift from mega-cap stocks supported small caps in the quarter. The Aristotle Small Cap Equity Fund (Class I-2) returned 1.96% in Q4 2025, trailing the 2.19% total return of the Russell 2000 Index. Security selection supported overall performance, while allocation effects detracted from performance. Please review the Strategy’s top five holdings to gain insights into their key selections for 2025.

In its fourth-quarter 2025 investor letter, Aristotle Small Cap Equity Fund highlighted IDACORP, Inc. (NYSE:IDA) as a recent addition to its portfolio. Founded in 1915, IDACORP, Inc. (NYSE:IDA) is a US-based integrated utility company. On February 13, 2026, IDACORP, Inc. (NYSE:IDA) stock closed at $144.26 per share. One-month return of IDACORP, Inc. (NYSE:IDA) was 7.17%, and its shares are up 31.41% over the past twelve months. IDACORP, Inc. (NYSE:IDA) has a market capitalization of $7.8 billion.

Aristotle Small Cap Equity Fund stated the following regarding IDACORP, Inc. (NYSE:IDA) in its fourth quarter 2025 investor letter:

“IDACORP, Inc. (NYSE:IDA) is an Idaho-based, vertically integrated electric utility that provides service to customers in southern Idaho and eastern Oregon. Strong industrial load growth and robust population migration into its service territory, combined with critical regional transmission opportunities, underpin the company’s robust five-year capital plan and double-digit rate base growth outlook. We believe this expansion, facilitated by a constructive regulatory environment and a proven management team, should drive consistent earnings growth and long-term capital appreciation for shareholders.”

IDACORP, Inc. (NYSE:IDA) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 27 hedge fund portfolios held IDACORP, Inc. (NYSE:IDA) at the end of the third quarter, compared to 33 in the previous quarter. While we acknowledge the potential of IDACORP, Inc. (NYSE:IDA) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.