Otis Worldwide (OTIS) Projected to Announce Quarterly Earnings on Wednesday

Otis Worldwide (NYSE:OTIS) is expected to post its Q2 2026 results before the market opens on Wednesday, July 22nd. Analysts expect Otis Worldwide to announce earnings of $1.00 per share and revenue of $3.7529 billion for the quarter. Otis Worldwide has set its FY 2026 guidance at 4.200-4.240 EPS. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, July 22, 2026 at 8:30 AM ET.

Otis Worldwide (NYSE:OTIS) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $0.89 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.02). The business had revenue of $3.57 billion during the quarter, compared to analysts’ expectations of $3.77 billion. Otis Worldwide had a net margin of 10.11% and a negative return on equity of 29.39%. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.92 EPS. On average, analysts expect Otis Worldwide to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Otis Worldwide Stock Performance

Shares of OTIS stock opened at $73.50 on Monday. The stock has a market capitalization of $28.20 billion, a P/E ratio of 19.55, a price-to-earnings-growth ratio of 2.64 and a beta of 0.90. The company has a 50 day moving average price of $72.09 and a 200 day moving average price of $80.48. Otis Worldwide has a fifty-two week low of $69.16 and a fifty-two week high of $101.14.

Otis Worldwide Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 15th were issued a dividend of $0.44 per share. This is a boost from Otis Worldwide’s previous quarterly dividend of $0.42. The ex-dividend date was Friday, May 15th. This represents a $1.76 dividend on an annualized basis and a yield of 2.4%. Otis Worldwide’s dividend payout ratio (DPR) is currently 46.81%.

Analyst Ratings Changes

Several equities analysts have commented on OTIS shares. Royal Bank Of Canada dropped their price target on shares of Otis Worldwide from $110.00 to $105.00 and set an “outperform” rating for the company in a research note on Thursday, April 23rd. Wolfe Research cut Otis Worldwide from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, April 8th. Sanford C. Bernstein began coverage on Otis Worldwide in a report on Tuesday, June 9th. They issued an “outperform” rating and a $97.00 target price for the company. Evercore initiated coverage on Otis Worldwide in a report on Monday, April 13th. They issued an “outperform” rating and a $100.00 target price for the company. Finally, Barclays lowered their target price on Otis Worldwide from $80.00 to $77.00 and set an “underweight” rating for the company in a research note on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $96.55.

Institutional Trading of Otis Worldwide

Institutional investors have recently modified their holdings of the stock. AQR Capital Management LLC boosted its stake in Otis Worldwide by 125.7% in the third 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. Scharf Investments LLC purchased a new position in shares of Otis Worldwide during the third quarter worth about $73,200,000. Bank of Montreal Can increased its position in shares of Otis Worldwide by 252.0% during the fourth quarter. Bank of Montreal Can now owns 1,073,936 shares of the company’s stock worth $93,808,000 after purchasing an additional 768,859 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Otis Worldwide by 141.5% during the fourth quarter. Renaissance Technologies LLC now owns 1,296,600 shares of the company’s stock worth $113,258,000 after purchasing an additional 759,700 shares in the last quarter. Finally, Balyasny Asset Management L.P. purchased a new stake in shares of Otis Worldwide in the 3rd quarter valued at about $59,127,000. Hedge funds and other institutional investors own 88.03% of the company’s stock.

Otis Worldwide Company Profile

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.