Otis Worldwide (OTIS) Expected to Announce Quarterly Earnings on Wednesday

Otis Worldwide (NYSE:OTIS) will likely be announcing its Q3 2025 results before the market opens on Wednesday, October 29th. Analysts expect the company to announce earnings of $0.99 per share and revenue of $3.6479 billion for the quarter. Investors may visit the the company’s upcoming Q3 2025 earningresults page for the latest details on the call scheduled for Wednesday, October 29, 2025 at 8:30 AM ET.

Otis Worldwide Price Performance

OTIS opened at $92.00 on Tuesday. The company has a market capitalization of $36.11 billion, a price-to-earnings ratio of 24.34, a price-to-earnings-growth ratio of 3.61 and a beta of 1.00. Otis Worldwide has a 1-year low of $84.25 and a 1-year high of $106.83. The business has a 50 day moving average price of $89.46 and a two-hundred day moving average price of $93.16.

Hedge Funds Weigh In On Otis Worldwide

A number of hedge funds have recently modified their holdings of OTIS. Jones Financial Companies Lllp increased its stake in shares of Otis Worldwide by 3.4% in the first quarter. Jones Financial Companies Lllp now owns 9,199 shares of the company’s stock worth $949,000 after acquiring an additional 304 shares during the last quarter. Empowered Funds LLC raised its holdings in Otis Worldwide by 10.5% during the first quarter. Empowered Funds LLC now owns 8,988 shares of the company’s stock valued at $928,000 after buying an additional 857 shares in the last quarter. Acadian Asset Management LLC raised its holdings in Otis Worldwide by 63.7% during the first quarter. Acadian Asset Management LLC now owns 4,045 shares of the company’s stock valued at $417,000 after buying an additional 1,574 shares in the last quarter. Baird Financial Group Inc. raised its holdings in Otis Worldwide by 7.1% during the second quarter. Baird Financial Group Inc. now owns 32,245 shares of the company’s stock valued at $3,193,000 after buying an additional 2,132 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in Otis Worldwide by 13.3% during the second quarter. NewEdge Advisors LLC now owns 10,222 shares of the company’s stock valued at $1,012,000 after buying an additional 1,196 shares in the last quarter. 88.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on OTIS shares. Barclays cut their target price on Otis Worldwide from $92.00 to $90.00 and set an “underweight” rating for the company in a research report on Thursday, July 24th. Morgan Stanley upped their target price on Otis Worldwide from $97.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 8th. Wolfe Research set a $109.00 price objective on Otis Worldwide and gave the company an “outperform” rating in a research report on Wednesday, October 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Otis Worldwide in a research report on Wednesday, October 8th. Finally, Zacks Research upgraded Otis Worldwide from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 14th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $104.63.

About Otis Worldwide

Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects.