Otis Worldwide Corporation (OTIS) - What Are Analysts Saying About This Stock?

Key Points

• Analysts have a consensus “Hold” rating on Otis Worldwide, with two sell, three hold and four buy recommendations. The average 12-month price target is $91.20, though recent targets range from $75 to $95.
• Otis reported quarterly EPS of $1.05, above the $1.01 consensus, while revenue rose 6.1% year over year to $3.91 billion. Fiscal 2026 EPS guidance is broadly in line with expectations, but revenue guidance and margin concerns suggest limited earnings upside.
• The company declared a quarterly dividend of $0.44 per share, equivalent to a $1.76 annualized payout and approximately a 2.3% yield. Institutional investors own 88.03% of the stock, with several major funds establishing positions.

Otis Worldwide Corporation (NYSE:OTIS - Get Free Report) has been assigned a consensus rating of "Hold" from the nine ratings firms that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $91.20.

A number of equities analysts recently commented on OTIS shares. Morgan Stanley set a $75.00 price target on Otis Worldwide in a report on Monday, August 10th. Royal Bank Of Canada set a $90.00 price objective on Otis Worldwide in a research note on Tuesday, July 28th. Evercore reaffirmed an "outperform" rating and issued a $95.00 price objective 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. Finally, Wells Fargo & Company reduced their target price on Otis Worldwide from $77.00 to $75.00 and set an "underweight" rating for the company in a research note on Thursday.

Hedge Funds Weigh In On Otis Worldwide

Large investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new position in Otis Worldwide in the 2nd quarter worth about $2,264,017,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Otis Worldwide during the second quarter valued at about $423,739,000. Canada Pension Plan Investment Board acquired a new stake in shares of Otis Worldwide during the second quarter valued at about $223,003,000. Bank of New York Mellon Corp bought a new stake in shares of Otis Worldwide during the second quarter worth about $196,298,000. Finally, Bank of America Corp DE bought a new stake in shares of Otis Worldwide during the second quarter worth about $189,233,000. 88.03% of the stock is owned by institutional investors.

More Otis Worldwide News

Here are the key news stories impacting Otis Worldwide this week:

• Positive Sentiment: Otis declared a quarterly dividend of $0.44 per share, payable December 11 to shareholders of record November 13. The annualized payout is $1.76 per share, representing an approximately 2.3% yield and reinforcing the company’s shareholder-return appeal. Otis Declares Quarterly Dividend of $0.44 per Share
• Positive Sentiment: BNP Paribas raised its price target to $90 from $86, indicating improved expectations for the stock despite differing views among analysts. BNP Paribas Adjusts Price Target on Otis Worldwide
• Neutral Sentiment: Otis issued fiscal 2026 EPS guidance of $4.01-$4.05, broadly in line with the $4.04 consensus estimate. Revenue guidance of $15.1-$15.3 billion is slightly below the $15.3 billion consensus at the midpoint, suggesting limited upside expectations.
• Neutral Sentiment: Analyst commentary continues to highlight strong recurring service growth, while comparisons with Albany International focus on valuation, operating performance and business quality rather than a new company-specific catalyst. Otis: Service Growth Is Strong, But Profitability Lags Head-To-Head Contrast: Otis Worldwide and Albany International
• Negative Sentiment: Profitability remains a concern: analysis describes a margin squeeze beneath Otis’s growth, which could limit earnings expansion even if service revenue remains resilient. Otis Q3 Earnings Spotlight: A Margin Squeeze Beneath Growth
• Negative Sentiment: Wells Fargo lowered its price target to $75 from $77 and maintained an “underweight” rating. Evercore ISI also reduced its target to $95 from $100, signaling more limited near-term upside. Wells Fargo Lowers Otis Price Target Evercore ISI Adjusts Price Target

Otis Worldwide Price Performance

Shares of OTIS stock opened at $75.93 on Friday. The company has a fifty day moving average price of $69.68 and a two-hundred day moving average price of $76.43. Otis Worldwide has a one year low of $63.58 and a one year high of $94.57. The stock has a market cap of $28.90 billion, a P/E ratio of 18.89, a P/E/G ratio of 2.66 and a beta of 0.87.

Otis Worldwide (NYSE:OTIS - Get Free Report) last issued its earnings results on Wednesday, October 28th. The company reported $1.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.04. The company had revenue of $3.91 billion for the quarter, compared to analysts' expectations of $3.85 billion. Otis Worldwide had a net margin of 10.28% and a negative return on equity of 28.45%. Otis Worldwide's quarterly revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.05 EPS. As a group, equities research analysts anticipate that Otis Worldwide will post 4.03 EPS for the current fiscal year.

Otis Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 11th. Shareholders of record on Friday, November 13th will be issued a dividend of $0.44 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $1.76 annualized dividend and a yield of 2.3%. Otis Worldwide's dividend payout ratio (DPR) is currently 43.78%.

About Otis Worldwide

Otis Worldwide Corporation NYSE: OTIS is a global manufacturer and service provider for the elevator and escalator industry. The company designs, manufactures, installs, modernizes and maintains elevators, escalators and moving walkways for commercial buildings, residential developments, transportation hubs and other infrastructure projects.

Otis provides equipment for new construction as well as maintenance, repair and modernization services for existing systems. Its service operations support equipment from Otis and other manufacturers, helping building owners and operators manage the safety, performance and lifecycle of vertical transportation systems.

The company traces its history to 1853, when Elisha Otis demonstrated a safety device for elevators.

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