Otis Worldwide Q4 EPS Forecast Decreased by Zacks Research

Otis Worldwide Co. (NYSE:OTIS) – Stock analysts at Zacks Research dropped their Q4 2025 earnings per share estimates for Otis Worldwide in a research report issued on Wednesday, February 19th. Zacks Research analyst S. Mukherjee now anticipates that the company will post earnings per share of $1.07 for the quarter, down from their previous forecast of $1.14. The consensus estimate for Otis Worldwide’s current full-year earnings is $4.04 per share.

OTIS has been the subject of several other reports. JPMorgan Chase & Co. dropped their price objective on Otis Worldwide from $108.00 to $105.00 and set a “neutral” rating for the company in a research note on Thursday, January 30th. UBS Group initiated coverage on Otis Worldwide in a research note on Wednesday, November 13th. They issued a “neutral” rating and a $113.00 target price for the company. Wells Fargo & Company lowered their target price on Otis Worldwide from $100.00 to $95.00 and set an “equal weight” rating for the company in a research note on Thursday, January 30th. Barclays lowered their target price on Otis Worldwide from $94.00 to $91.00 and set an “underweight” rating for the company in a research note on Wednesday, January 8th. Finally, Wolfe Research lowered Otis Worldwide from a “peer perform” rating to an “underperform” rating and set a $104.00 target price for the company. in a research note on Thursday, December 12th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Otis Worldwide presently has a consensus rating of “Hold” and an average price target of $102.88.

Otis Worldwide Price Performance

Otis Worldwide stock opened at $98.44 on Monday. The stock has a fifty day moving average price of $94.65 and a two-hundred day moving average price of $97.31. Otis Worldwide has a 52-week low of $90.12 and a 52-week high of $106.33. The firm has a market capitalization of $39.03 billion, a P/E ratio of 24.25 and a beta of 1.06.

Otis Worldwide (NYSE:OTIS) last issued its earnings results on Wednesday, January 29th. The company reported $0.93 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.02). Otis Worldwide had a negative return on equity of 31.76% and a net margin of 11.53%.

Hedge Funds Weigh In On Otis Worldwide

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC lifted its holdings in shares of Otis Worldwide by 11,799.4% during the 3rd quarter. International Assets Investment Management LLC now owns 207,168 shares of the company’s stock valued at $21,533,000 after purchasing an additional 205,427 shares in the last quarter. Silver Oak Securities Incorporated lifted its holdings in shares of Otis Worldwide by 13.7% during the 3rd quarter. Silver Oak Securities Incorporated now owns 5,881 shares of the company’s stock valued at $597,000 after purchasing an additional 710 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in Otis Worldwide by 35.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 44,735 shares of the company’s stock valued at $4,650,000 after buying an additional 11,811 shares during the last quarter. Forsta AP Fonden raised its position in Otis Worldwide by 11.1% in the 3rd quarter. Forsta AP Fonden now owns 133,900 shares of the company’s stock valued at $13,918,000 after buying an additional 13,400 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC raised its position in Otis Worldwide by 3.6% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 5,110 shares of the company’s stock valued at $531,000 after buying an additional 176 shares during the last quarter. Institutional investors own 88.03% of the company’s stock.

Insider Buying and Selling

In other Otis Worldwide news, EVP Nora E. Lafreniere sold 1,700 shares of the firm’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $95.91, for a total transaction of $163,047.00. Following the transaction, the executive vice president now owns 24,927 shares in the company, valued at approximately $2,390,748.57. This trade represents a 6.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Judith Fran Marks sold 28,440 shares of the firm’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $95.77, for a total value of $2,723,698.80. Following the transaction, the chief executive officer now owns 230,153 shares in the company, valued at approximately $22,041,752.81. This trade represents a 11.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 105,621 shares of company stock worth $10,046,255 over the last three months. 0.23% of the stock is currently owned by company insiders.

Otis Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 14th will be given a $0.39 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.56 dividend on an annualized basis and a yield of 1.58%. Otis Worldwide’s payout ratio is 38.42%.

Otis Worldwide announced that its Board of Directors has initiated a share buyback plan on Thursday, January 16th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the company to buy up to 5.4% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

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.