Lombard Odier Asset Management USA Corp Buys Stake in Ormat Technologies

The firm acquired 26,010 shares of the energy company's stock, valued at approximately $2.5 million.

Mar. 17, 2026 at 12:49pm

Lombard Odier Asset Management USA Corp acquired a new stake in Ormat Technologies, Inc. (NYSE:ORA) in the 3rd quarter, according to the company's recent SEC filing. The firm purchased 26,010 shares of the energy company's stock, valued at approximately $2,503,000.

Why it matters

Ormat Technologies is a leading renewable energy company specializing in geothermal and recovered energy power plants. The acquisition of a stake by a major asset management firm like Lombard Odier suggests investor confidence in Ormat's business model and growth potential in the renewable energy sector.

The details

Other institutional investors and hedge funds have also made changes to their positions in Ormat Technologies. Jones Financial Companies Lllp increased its stake by 43.8%, while PNC Financial Services Group Inc. and Crossmark Global Holdings Inc. also added to their holdings in the third quarter.

  • Lombard Odier Asset Management USA Corp acquired the stake in the 3rd quarter of 2026.
  • The filing with the SEC was made on March 17, 2026.

The players

Lombard Odier Asset Management USA Corp

A major asset management firm that acquired a new stake in Ormat Technologies.

Ormat Technologies, Inc.

A leading renewable energy company specializing in geothermal and recovered energy power plants.

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The takeaway

The investment by Lombard Odier Asset Management USA Corp in Ormat Technologies highlights the growing investor interest in renewable energy companies and their potential for long-term growth.