Otis Worldwide (NYSE:OTIS) Stock Bought Sen. John Boozman

Key Points

• Sen. John Boozman purchased $1,001–$15,000 of Otis Worldwide shares on August 27, according to a September 11 disclosure. He also made several recent trades involving ETFs and individual stocks.
• Otis reported quarterly revenue of $3.86 billion, up 7.3% year over year, and adjusted earnings of $1.01 per share, matching estimates. The company reaffirmed fiscal 2026 earnings guidance of $4.01–$4.05 per share.
• Shares recently traded around $69, while analysts’ average price target is $92.91 and their overall rating is “Hold.” Otis also pays a quarterly dividend of $0.44 per share, representing a 2.5% yield.

Senator John Boozman (Republican-Arkansas) recently bought shares of Otis Worldwide Corporation NYSE: OTIS. In a filing disclosed on September 11th, the Senator disclosed that they had bought between $1,001 and $15,000 in Otis Worldwide stock on August 27th.

Senator John Boozman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of iShares Core S&P 500 ETF NYSEARCA: IVV on 8/27/2026.
• Purchased $1,001 - $15,000 in shares of State Street SPDR Portfolio S&P 500 ETF NYSEARCA: SPYM on 8/20/2026.
• Sold $1,001 - $15,000 in shares of Johnson & Johnson NYSE: JNJ on 8/20/2026.
• Purchased $1,001 - $15,000 in shares of iShares Core S&P Small-Cap ETF NYSEARCA: IJR on 8/19/2026.
• Purchased $1,001 - $15,000 in shares of Avantis U.S. Small Cap Value ETF NYSEARCA: AVUV on 8/19/2026.
• Purchased $1,001 - $15,000 in shares of First Solar NASDAQ: FSLR on 8/13/2026.
• Sold $1,001 - $15,000 in shares of Constellation Energy NASDAQ: CEG on 8/13/2026.
• Sold $1,001 - $15,000 in shares of Cboe Global Markets BATS: CBOE on 7/31/2026.
• Purchased $1,001 - $15,000 in shares of PayPal NASDAQ: PYPL on 7/30/2026.
• Purchased $1,001 - $15,000 in shares of State Street SPDR Portfolio S&P 500 ETF NYSEARCA: SPYM on 7/23/2026.

Otis Worldwide Stock Up 1.7%

Shares of Otis Worldwide stock opened at $69.07 on Friday. The firm has a market cap of $26.29 billion, a PE ratio of 17.76, a P/E/G ratio of 2.39 and a beta of 0.88. Otis Worldwide Corporation has a fifty-two week low of $67.64 and a fifty-two week high of $94.57. The business's fifty day moving average is $72.10 and its two-hundred day moving average is $75.57.

Otis Worldwide (NYSE:OTIS - Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $1.01 EPS for the quarter, hitting the consensus estimate of $1.01. Otis Worldwide had a negative return on equity of 28.50% and a net margin of 10.17%.The company had revenue of $3.86 billion during the quarter, compared to analyst estimates of $3.76 billion. During the same period in the prior year, the firm posted $1.05 earnings per share. The firm's revenue was up 7.3% on a year-over-year basis. Otis Worldwide has set its FY 2026 guidance at 4.010-4.050 EPS. Equities research analysts anticipate that Otis Worldwide Corporation will post 4.03 EPS for the current year.

Otis Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Friday, August 14th were paid a dividend of $0.44 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $1.76 annualized dividend and a dividend yield of 2.5%. Otis Worldwide's dividend payout ratio is presently 45.24%.

Institutional Trading of Otis Worldwide

Several institutional investors and hedge funds have recently bought and sold shares of OTIS. Pinnacle Financial Partners Inc. boosted its stake in shares of Otis Worldwide by 19.6% during the 3rd quarter. Pinnacle Financial Partners Inc. now owns 77,492 shares of the company's stock worth $7,085,000 after acquiring an additional 12,721 shares in the last quarter. Capital Research Global Investors grew its position in Otis Worldwide by 0.6% in the 4th quarter. Capital Research Global Investors now owns 2,843,926 shares of the company's stock worth $248,417,000 after purchasing an additional 18,189 shares during the last quarter. Banco Santander S.A. grew its holdings in shares of Otis Worldwide by 1,153.2% during the 2nd quarter. Banco Santander S.A. now owns 106,257 shares of the company's stock worth $7,608,000 after purchasing an additional 97,778 shares in the last quarter. Lazard Freres Gestion S.A.S. raised its stake in shares of Otis Worldwide by 21.9% in the 4th quarter. Lazard Freres Gestion S.A.S. now owns 1,309,160 shares of the company's stock valued at $114,355,000 after buying an additional 235,316 shares in the last quarter. Finally, Alberta Investment Management Corp boosted its holdings in Otis Worldwide by 44.1% during the fourth quarter. Alberta Investment Management Corp now owns 170,600 shares of the company's stock valued at $14,902,000 after purchasing an additional 52,200 shares in the last quarter. Institutional investors and hedge funds own 88.03% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on OTIS shares. Evercore reiterated an "outperform" rating and issued a $95.00 target price on shares of Otis Worldwide in a research report on Thursday, July 23rd. Weiss Ratings reiterated a "hold (c-)" rating on shares of Otis Worldwide in a research note on Wednesday, August 12th. Sanford C. Bernstein dropped their target price on shares of Otis Worldwide from $97.00 to $90.00 and set an "outperform" rating on the stock in a report on Thursday, July 23rd. Royal Bank Of Canada set a $90.00 price target on shares of Otis Worldwide in a research report on Tuesday, July 28th. Finally, Morgan Stanley set a $75.00 price target on shares of Otis Worldwide in a report on Monday, August 10th. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $92.91.

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas' U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman's academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

About Otis Worldwide

Otis Worldwide Corporation NYSE: OTIS designs, manufactures, installs and services elevators, escalators and moving walkways. Its equipment is used in residential, commercial, institutional, transportation and industrial buildings, supporting the movement of people in high-rise and other densely occupied environments.

The company's offerings include passenger and freight elevators, escalators, moving walkways, destination-dispatch systems and related technologies. Otis also provides maintenance, repair, modernization and replacement services for its own equipment and products made by other manufacturers.

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