Analysts Issue Forecasts for Otis Worldwide Q3 Earnings

Otis Worldwide Corporation (NYSE:OTIS) – Equities research analysts at Zacks Research dropped their Q3 2025 EPS estimates for Otis Worldwide in a research report issued on Wednesday, August 13th. Zacks Research analyst S. Mukherjee now expects that the company will post earnings per share of $1.00 for the quarter, down from their previous forecast of $1.06. 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 Q4 2025 earnings at $1.06 EPS and Q3 2026 earnings at $1.10 EPS.

Other equities analysts have also recently issued research reports about the stock. Morgan Stanley lifted their target price on shares of Otis Worldwide from $97.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 8th. Royal Bank Of Canada cut their target price on shares of Otis Worldwide from $108.00 to $105.00 and set an “outperform” rating for the company in a research report on Monday, July 28th. Wolfe Research upgraded shares of Otis Worldwide from an “underperform” rating to a “peer perform” rating in a research report on Friday, July 25th. Barclays cut their target price on shares of Otis Worldwide from $92.00 to $90.00 and set an “underweight” rating for the company in a research report on Thursday, July 24th. Finally, JPMorgan Chase & Co. cut their target price on shares of Otis Worldwide from $109.00 to $101.00 and set an “overweight” rating for the company in a research report on Thursday, July 24th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, Otis Worldwide has a consensus rating of “Hold” and an average target price of $102.50.

Otis Worldwide Trading Down 0.2%

Shares of OTIS opened at $87.37 on Friday. The stock has a market cap of $34.29 billion, a P/E ratio of 23.11, a PEG ratio of 4.21 and a beta of 0.95. The company has a 50-day moving average of $94.17 and a two-hundred day moving average of $96.52. Otis Worldwide has a 12-month low of $84.25 and a 12-month high of $106.83.

Otis Worldwide (NYSE:OTIS) last announced its quarterly earnings data on Wednesday, July 23rd. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $1.03 by $0.02. Otis Worldwide had a net margin of 10.68% and a negative return on equity of 30.95%. The firm had revenue of $3.60 billion during the quarter, compared to analysts’ expectations of $3.73 billion. During the same quarter last year, the business earned $1.06 earnings per share. The business’s revenue for the quarter was down .2% compared to the same quarter last year.

Otis Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 5th. Stockholders of record on Friday, August 15th will be issued a dividend of $0.42 per share. The ex-dividend date is Friday, August 15th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.9%. Otis Worldwide’s payout ratio is 44.44%.

Institutional Investors Weigh In On Otis Worldwide

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Tower Research Capital LLC TRC grew its holdings in Otis Worldwide by 38.9% in the second quarter. Tower Research Capital LLC TRC now owns 21,515 shares of the company’s stock valued at $2,130,000 after purchasing an additional 6,021 shares during the period. MUFG Securities EMEA plc purchased a new stake in Otis Worldwide in the second quarter valued at approximately $116,000. Howland Capital Management LLC grew its holdings in Otis Worldwide by 14.0% in the second quarter. Howland Capital Management LLC now owns 3,252 shares of the company’s stock valued at $322,000 after purchasing an additional 400 shares during the period. State of Tennessee Department of Treasury grew its holdings in Otis Worldwide by 188.3% in the second quarter. State of Tennessee Department of Treasury now owns 144,143 shares of the company’s stock valued at $14,273,000 after purchasing an additional 94,140 shares during the period. Finally, Captrust Financial Advisors grew its holdings in Otis Worldwide by 9.1% in the second quarter. Captrust Financial Advisors now owns 94,668 shares of the company’s stock valued at $9,374,000 after purchasing an additional 7,919 shares during the period. 88.03% of the stock is currently owned by hedge funds and other institutional investors.

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.