9,797 Otis Worldwide Corporation $OTIS Shares Bought by Yousif Capital Management LLC

Posted by Francis Steltz on Oct 27th, 2026

Yousif Capital Management LLC grew its position in Otis Worldwide Corporation (NYSE:OTIS – Free Report) by 24.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 50,270 shares of the company’s stock after buying an additional 9,797 shares during the period. Yousif Capital Management LLC’s holdings in Otis Worldwide were worth $3,233,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in OTIS. Orion Capital Management LLC purchased a new position in Otis Worldwide in the 2nd quarter worth approximately $27,000. MidFirst Bank bought a new position in Otis Worldwide in the 2nd quarter valued at approximately $28,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in Otis Worldwide during the 2nd quarter valued at $28,000. Elevation Wealth Partners LLC boosted its stake in Otis Worldwide by 1,910.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 402 shares of the company’s stock valued at $29,000 after purchasing an additional 382 shares during the last quarter. Finally, Addison Advisors LLC purchased a new stake in Otis Worldwide during the 2nd quarter valued at $29,000. Hedge funds and other institutional investors own 88.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on OTIS shares. Morgan Stanley set a $75.00 target price on Otis Worldwide in a report on Monday, August 10th. Wells Fargo & Company assumed coverage on Otis Worldwide in a report on Thursday, September 24th. They set an “underweight” rating and a $77.00 price target on the stock. Royal Bank Of Canada set a $90.00 price objective on Otis Worldwide in a research report on Tuesday, July 28th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Otis Worldwide in a report on Monday, September 21st. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Otis Worldwide in a research report on Wednesday, August 12th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $91.00.

Get Our Latest Research Report on Otis Worldwide

Otis Worldwide Stock Down 0.0%

Shares of Otis Worldwide stock opened at $75.14 on Tuesday. Otis Worldwide Corporation has a twelve month low of $63.58 and a twelve month high of $94.57. The company’s 50 day moving average is $69.42 and its 200 day moving average is $76.73. The company has a market cap of $28.60 billion, a price-to-earnings ratio of 19.32, a price-to-earnings-growth ratio of 2.64 and a beta of 0.87.

About Otis Worldwide

(Free Report)

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.