7,741 Shares in Otis Worldwide Corporation $OTIS Purchased by Compass Wealth Management LLC

Posted by on Aug 19th, 2026

Compass Wealth Management LLC acquired a new position in Otis Worldwide Corporation (NYSE:OTIS – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 7,741 shares of the company’s stock, valued at approximately $554,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of OTIS. Jones Financial Companies Lllp lifted its position in shares of Otis Worldwide by 3.4% during the first quarter. Jones Financial Companies Lllp now owns 9,199 shares of the company’s stock worth $949,000 after purchasing an additional 304 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Otis Worldwide by 10.5% in the first quarter. Empowered Funds LLC now owns 8,988 shares of the company’s stock worth $928,000 after purchasing an additional 857 shares during the last quarter. Acadian Asset Management LLC increased its stake in Otis Worldwide by 63.7% in the 1st quarter. Acadian Asset Management LLC now owns 4,045 shares of the company’s stock worth $417,000 after buying an additional 1,574 shares during the period. Baird Financial Group Inc. increased its stake in Otis Worldwide by 7.1% in the 2nd quarter. Baird Financial Group Inc. now owns 32,245 shares of the company’s stock worth $3,193,000 after buying an additional 2,132 shares during the period. Finally, NewEdge Advisors LLC lifted its holdings in Otis Worldwide by 13.3% during the 2nd 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.

Otis Worldwide Price Performance

Shares of Otis Worldwide stock opened at $70.50 on Wednesday. The stock has a market cap of $26.84 billion, a price-to-earnings ratio of 18.12, a PEG ratio of 2.56 and a beta of 0.89. The firm’s 50-day moving average is $72.54 and its two-hundred day moving average is $77.86. Otis Worldwide Corporation has a 1 year low of $69.16 and a 1 year high of $94.57.

Otis Worldwide (NYSE:OTIS – Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The company reported $1.01 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 during the quarter, compared to analyst estimates of $3.76 billion. During the same quarter in the previous year, the business posted $1.05 EPS. The company’s quarterly revenue 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. On average, equities analysts expect that Otis Worldwide Corporation will post 4.03 earnings per share for the current year.

Otis Worldwide Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 14th will be paid a $0.44 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.76 dividend on an annualized basis and a yield of 2.5%. Otis Worldwide’s payout ratio is 45.24%.

Analyst Ratings Changes

OTIS has been the topic of a number of research analyst reports. UBS Group set a $105.00 target price on shares of Otis Worldwide in a research note on Thursday, April 23rd. Royal Bank Of Canada set a $90.00 price target on Otis Worldwide in a report on Tuesday, July 28th. Morgan Stanley set a $75.00 price objective on Otis Worldwide in a research note on Monday, August 10th. Sanford C. Bernstein reduced their price objective on Otis Worldwide from $97.00 to $90.00 and set an “outperform” rating on the stock in a report on Thursday, July 23rd. Finally, Barclays decreased their target price on Otis Worldwide from $80.00 to $77.00 and set an “underweight” rating for the company in a research report on Thursday, April 23rd. Four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Otis Worldwide currently has an average rating of “Hold” and an average price target of $92.91.

Get Our Latest Research Report on Otis Worldwide

Otis Worldwide Company Profile

(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.

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Institutional Ownership by Quarter for Otis Worldwide (NYSE:OTIS)

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