Otis Worldwide (NYSE:OTIS) Reaches New 1-Year Low – Should You Sell?

Posted by Stanley Muller on Oct 7th, 2026

Otis Worldwide Corporation (NYSE:OTIS – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Monday. The company traded as low as $63.58 and last traded at $64.0550, with a volume of 716 shares traded. The stock had previously closed at $64.05.

Analysts Set New Price Targets

Several equities research analysts have weighed in on OTIS shares. Weiss Ratings restated a “hold (c-)” rating on shares of Otis Worldwide in a research note on Wednesday, August 12th. Morgan Stanley set a $75.00 target price on Otis Worldwide in a research note on Monday, August 10th. Royal Bank Of Canada set a $90.00 target price on Otis Worldwide in a research report on Tuesday, July 28th. Evercore reiterated an “outperform” rating and issued a $95.00 price target on shares of Otis Worldwide in a research note on Thursday, July 23rd. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Otis Worldwide in a report on Monday, September 21st. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $92.64.

View Our Latest Analysis on OTIS

Otis Worldwide Price Performance

The stock has a market capitalization of $25.29 billion, a PE ratio of 17.08, a price-to-earnings-growth ratio of 2.31 and a beta of 0.87. The business’s fifty day moving average price is $70.14 and its two-hundred day moving average price is $72.99.

Otis Worldwide (NYSE:OTIS – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $1.01 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.01. The company had revenue of $3.86 billion during the quarter, compared to analyst estimates of $3.76 billion. Otis Worldwide had a negative return on equity of 28.50% and a net margin of 10.17%.The firm’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the business posted $1.05 EPS. Otis Worldwide has set its FY 2026 guidance at 4.010-4.050 EPS. As a group, equities research analysts anticipate that Otis Worldwide Corporation will post 4.04 earnings per share for the current fiscal year.

Otis Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Friday, August 14th were issued a dividend of $0.44 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.6%. Otis Worldwide’s payout ratio is 45.24%.

Institutional Investors Weigh In On Otis Worldwide

A number of large investors have recently bought and sold shares of the company. Moody National Bank Trust Division lifted its stake in Otis Worldwide by 67.7% during the 3rd quarter. Moody National Bank Trust Division now owns 6,029 shares of the company’s stock valued at $388,000 after acquiring an additional 2,433 shares during the period. Ridgewood Investments LLC increased its stake in shares of Otis Worldwide by 4.2% in the third quarter. Ridgewood Investments LLC now owns 23,163 shares of the company’s stock worth $1,490,000 after acquiring an additional 935 shares during the period. Baker Tilly Wealth Management LLC lifted its position in Otis Worldwide by 15.2% during the third quarter. Baker Tilly Wealth Management LLC now owns 13,027 shares of the company’s stock valued at $838,000 after purchasing an additional 1,723 shares during the period. Eastern Bank boosted its holdings in Otis Worldwide by 2.7% in the third quarter. Eastern Bank now owns 7,142 shares of the company’s stock valued at $459,000 after purchasing an additional 190 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in Otis Worldwide by 13.5% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 13,170 shares of the company’s stock valued at $943,000 after purchasing an additional 1,566 shares during the last quarter. Hedge funds and other institutional investors own 88.03% of the company’s stock.

Otis Worldwide Company Profile

(Get Free Report)

Otis Worldwide Corporation (NYSE: OTIS) is a global manufacturer and service provider focused on elevator and escalator systems. The company designs, manufactures, installs and maintains elevators, escalators and moving walkways for commercial buildings, residential properties, transportation hubs and other infrastructure.

Its offerings include passenger and freight elevators, escalators, moving walkways, digital monitoring solutions and related components. Otis also provides ongoing maintenance, repair, modernization and replacement services, which support the performance and safety of equipment throughout its operating life.

The company traces its origins to 1853, when Elisha Graves Otis demonstrated a safety elevator that helped make taller buildings practical.