Otis Worldwide (OTIS) Expected to Announce Earnings on Wednesday

Key Points

• Otis Worldwide (OTIS) is expected to report Q1 2026 results before the market opens on April 22, 2026 at 8:30 AM ET, with analysts forecasting $1.08 EPS and $3.7708 billion in revenue.
• Shares trade in the low $80s with a market cap of about $31.8 billion, a PE of 23.4, and a quarterly dividend of $0.42 (2.1% yield; 48% payout ratio).
• Insiders have sold roughly 158,013 shares (~$14.34M) in the last 90 days, and Wall Street sentiment is mixed—consensus rating is Hold (3 Buy, 7 Hold, 1 Sell) with a $98.90 average price target.

Otis Worldwide (NYSE:OTIS - Get Free Report) will likely be posting its Q1 2026 results before the market opens on Wednesday, April 22nd. Analysts expect Otis Worldwide to post earnings of $1.08 per share and revenue of $3.7708 billion for the quarter. Individuals may visit the the company's upcoming Q1 2026 earning results page for the latest details on the call scheduled for Wednesday, April 22, 2026 at 8:30 AM ET.

Otis Worldwide (NYSE:OTIS - Get Free Report) last announced its earnings results on Wednesday, January 28th. The company reported $1.03 EPS for the quarter, hitting the consensus estimate of $1.03. The company had revenue of $3.80 billion for the quarter, compared to analysts' expectations of $3.88 billion. Otis Worldwide had a negative return on equity of 30.42% and a net margin of 9.59%.The business's revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.93 earnings per share. On average, analysts expect Otis Worldwide to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Otis Worldwide Stock Performance

Shares of OTIS stock opened at $81.89 on Wednesday. The stock's fifty day moving average is $85.17 and its 200-day moving average is $87.89. The stock has a market capitalization of $31.83 billion, a PE ratio of 23.40, a PEG ratio of 2.50 and a beta of 1.05. Otis Worldwide has a 52 week low of $75.27 and a 52 week high of $101.42.

Otis Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 13th were issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Friday, February 13th. Otis Worldwide's dividend payout ratio is presently 48.00%.

Insider Transactions at Otis Worldwide

In related news, CAO Michael Patrick Ryan sold 1,182 shares of the firm's stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $90.06, for a total value of $106,450.92. Following the transaction, the chief accounting officer owned 3,504 shares in the company, valued at $315,570.24. This trade represents a 25.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Neil Green sold 6,000 shares of the firm's stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $86.45, for a total value of $518,700.00. Following the completion of the transaction, the executive vice president owned 3,773 shares in the company, valued at approximately $326,175.85. This represents a 61.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 158,013 shares of company stock worth $14,337,635 in the last ninety days. 0.23% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Otis Worldwide

Several hedge funds have recently added to or reduced their stakes in the company. Garton & Associates Financial Advisors LLC bought a new position in Otis Worldwide during the fourth quarter worth about $27,000. DV Equities LLC bought a new position in Otis Worldwide during the fourth quarter worth about $48,000. Zions Bancorporation National Association UT boosted its holdings in Otis Worldwide by 70.3% during the fourth quarter. Zions Bancorporation National Association UT now owns 712 shares of the company's stock worth $62,000 after buying an additional 294 shares during the last quarter. MUFG Securities EMEA plc bought a new position in Otis Worldwide during the second quarter worth about $116,000. Finally, Parkside Financial Bank & Trust boosted its holdings in Otis Worldwide by 12.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,468 shares of the company's stock worth $128,000 after buying an additional 159 shares during the last quarter. Institutional investors own 88.03% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Wolfe Research cut Otis Worldwide from an "outperform" rating to a "peer perform" rating in a report on Wednesday, April 8th. Barclays decreased their target price on Otis Worldwide from $90.00 to $80.00 and set an "underweight" rating on the stock in a report on Wednesday, April 1st. JPMorgan Chase & Co. cut Otis Worldwide from an "overweight" rating to a "neutral" rating and set a $98.00 target price on the stock. in a report on Friday, January 30th. Wall Street Zen cut Otis Worldwide from a "buy" rating to a "hold" rating in a report on Saturday, January 10th. Finally, Evercore began coverage on Otis Worldwide in a report on Monday. They issued an "outperform" rating and a $100.00 price target on the stock. Three equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $98.90.

About Otis Worldwide

Otis Worldwide Corporation is a manufacturer, installer and servicer of vertical transportation systems, including elevators, escalators and moving walkways. The company designs and supplies new equipment for commercial, residential and industrial buildings, and provides ongoing maintenance and repair services aimed at maximizing equipment availability and safety. Otis also offers modernization solutions to upgrade aging systems and improve performance, accessibility and energy efficiency.

In addition to new equipment sales, a significant portion of Otis's business derives from long-term service contracts and responsive maintenance work.

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