Otis Worldwide Q3 EPS Forecast Increased by Zacks Research

Otis Worldwide Co. (NYSE:OTIS) – Research analysts at Zacks Research boosted their Q3 2025 earnings per share estimates for shares of Otis Worldwide in a research note issued on Wednesday, May 14th. Zacks Research analyst S. Mukherjee now forecasts that the company will post earnings of $1.06 per share for the quarter, up from their previous estimate of $1.04. The consensus estimate for Otis Worldwide’s current full-year earnings is $4.04 per share. Zacks Research also issued estimates for Otis Worldwide’s Q3 2026 earnings at $1.15 EPS and Q4 2026 earnings at $1.16 EPS.

Otis Worldwide (NYSE:OTIS) last issued its quarterly earnings results on Wednesday, April 23rd. The company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.01. Otis Worldwide had a negative return on equity of 31.76% and a net margin of 11.53%. The business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.41 billion. During the same period in the previous year, the business earned $0.88 EPS. The business’s quarterly revenue was down 2.5% on a year-over-year basis.

A number of other equities research analysts also recently weighed in on the company. JPMorgan Chase & Co. boosted their price target on Otis Worldwide from $88.00 to $101.00 and gave the company a “neutral” rating in a report on Friday. Barclays lowered their price target on Otis Worldwide from $92.00 to $90.00 and set an “underweight” rating for the company in a report on Friday, April 25th. Royal Bank of Canada reduced their price objective on Otis Worldwide from $109.00 to $105.00 and set an “outperform” rating for the company in a research report on Monday, April 28th. Finally, Wells Fargo & Company reduced their price objective on Otis Worldwide from $105.00 to $95.00 and set an “equal weight” rating for the company in a research report on Thursday, April 24th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $100.71.

Otis Worldwide Trading Up 1.0%

Shares of NYSE OTIS opened at $98.85 on Friday. Otis Worldwide has a twelve month low of $89.70 and a twelve month high of $106.83. The company has a market capitalization of $39.01 billion, a price-to-earnings ratio of 24.35 and a beta of 1.01. The business has a 50 day simple moving average of $98.02 and a 200-day simple moving average of $97.60.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its holdings in shares of Otis Worldwide by 41.0% in the third quarter. JPMorgan Chase & Co. now owns 28,076,031 shares of the company’s stock valued at $2,918,223,000 after buying an additional 8,161,946 shares during the period. Norges Bank acquired a new stake in shares of Otis Worldwide in the fourth quarter valued at $649,883,000. Vanguard Group Inc. lifted its holdings in shares of Otis Worldwide by 3.5% in the first quarter. Vanguard Group Inc. now owns 46,595,293 shares of the company’s stock valued at $4,808,634,000 after buying an additional 1,591,450 shares during the period. Canoe Financial LP lifted its holdings in shares of Otis Worldwide by 699.5% in the fourth quarter. Canoe Financial LP now owns 1,033,423 shares of the company’s stock valued at $95,705,000 after buying an additional 904,157 shares during the period. Finally, Nuveen LLC acquired a new stake in shares of Otis Worldwide in the first quarter valued at $91,989,000. Institutional investors and hedge funds own 88.03% of the company’s stock.

Insider Activity at Otis Worldwide

In other Otis Worldwide news, insider Montlivault Stephane De sold 6,660 shares of the business’s stock in a transaction on Monday, March 10th. The stock was sold at an average price of $105.30, for a total transaction of $701,298.00. Following the completion of the transaction, the insider now owns 63,931 shares in the company, valued at approximately $6,731,934.30. The trade was a 9.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.23% of the company’s stock.

Otis Worldwide Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 16th will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $1.68 dividend on an annualized basis and a yield of 1.70%. This is a positive change from Otis Worldwide’s previous quarterly dividend of $0.39. Otis Worldwide’s payout ratio is currently 44.09%.

Otis Worldwide Company Profile

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.