Otis Worldwide Corporation (NYSE:OTIS) Receives Average Rating of “Hold” from Brokerages

Posted by Stanley Muller on Jul 29th, 2026

Otis Worldwide Corporation (NYSE:OTIS – Get Free Report) has received a consensus recommendation of “Hold” from the ten ratings firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $94.0909.

Several equities analysts have recently weighed in on OTIS shares. UBS Group set a $105.00 target price on Otis Worldwide in a research report on Thursday, April 23rd. Morgan Stanley set a $88.00 price target on Otis Worldwide in a research report on Friday, April 24th. Wolfe Research downgraded Otis Worldwide from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, April 8th. Weiss Ratings cut shares of Otis Worldwide from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 15th. Finally, Sanford C. Bernstein dropped their target price on shares of Otis Worldwide from $97.00 to $90.00 and set an “outperform” rating for the company in a report on Thursday, July 23rd.

View Our Latest Stock Analysis on OTIS

Institutional Trading of Otis Worldwide

Large investors have recently bought and sold shares of the business. Norges Bank acquired a new stake in shares of Otis Worldwide in the fourth quarter worth $770,125,000. Millennium Management LLC raised its stake in shares of Otis Worldwide by 1,047.0% in the 4th quarter. Millennium Management LLC now owns 2,387,466 shares of the company’s stock valued at $208,545,000 after acquiring an additional 2,179,314 shares during the period. Van ECK Associates Corp lifted its holdings in shares of Otis Worldwide by 97.9% during the 4th quarter. Van ECK Associates Corp now owns 4,002,589 shares of the company’s stock valued at $349,626,000 after acquiring an additional 1,979,819 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Otis Worldwide by 125.7% during the 3rd quarter. AQR Capital Management LLC now owns 2,596,355 shares of the company’s stock valued at $236,891,000 after acquiring an additional 1,445,904 shares in the last quarter. Finally, Scharf Investments LLC purchased a new stake in Otis Worldwide during the 3rd quarter worth $73,200,000. Hedge funds and other institutional investors own 88.03% of the company’s stock.

Otis Worldwide Price Performance

Shares of OTIS stock opened at $73.70 on Friday. The company has a market cap of $28.06 billion, a price-to-earnings ratio of 18.95, a PEG ratio of 2.59 and a beta of 0.90. The stock has a 50 day simple moving average of $72.05 and a 200-day simple moving average of $79.68. Otis Worldwide has a 1-year low of $69.16 and a 1-year high of $94.57.

Otis Worldwide (NYSE:OTIS – Get Free Report) last announced its earnings results on Wednesday, July 22nd. The company reported $1.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.01. Otis Worldwide had a net margin of 10.17% and a negative return on equity of 28.50%. The business had revenue of $3.86 billion for the quarter, compared to analyst estimates of $3.76 billion. During the same quarter last year, the business earned $1.05 earnings per share. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. Otis Worldwide has set its FY 2026 guidance at 4.010-4.050 EPS. Analysts anticipate that Otis Worldwide will post 4 earnings per share for the current fiscal year.

Otis Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 14th will be paid a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, August 14th. Otis Worldwide’s dividend payout ratio (DPR) is currently 45.24%.

Otis Worldwide Company Profile

(Get Free Report)

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.