Otis Worldwide (NYSE:OTIS) Issues FY 2026 Earnings Guidance

Otis Worldwide (NYSE:OTIS) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.200-4.240 for the period, compared to the consensus estimate of 4.240. The company issued revenue guidance of $15.1 billion-$15.3 billion, compared to the consensus revenue estimate of $15.1 billion.

Otis Worldwide Stock Up 2.0%

Otis Worldwide stock opened at $79.47 on Thursday. Otis Worldwide has a 12 month low of $75.27 and a 12 month high of $101.42. The stock has a market cap of $30.65 billion, a P/E ratio of 22.49, a P/E/G ratio of 2.42 and a beta of 1.05. The company’s fifty day simple moving average is $83.98 and its 200-day simple moving average is $87.43.

Otis Worldwide (NYSE:OTIS) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.02). Otis Worldwide had a negative return on equity of 30.42% and a net margin of 9.59%.The firm had revenue of $3.57 billion for the quarter, compared to analysts’ expectations of $3.77 billion. During the same quarter in the prior year, the business posted $0.92 earnings per share. Otis Worldwide’s revenue was up 6.4% on a year-over-year basis. Otis Worldwide has set its FY 2026 guidance at 4.200-4.240 EPS. On average, equities research analysts expect that Otis Worldwide will post 4.21 earnings per share for the current fiscal year.

Otis Worldwide Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 15th will be paid a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, May 15th. This is a positive change from Otis Worldwide’s previous quarterly dividend of $0.42. Otis Worldwide’s dividend payout ratio (DPR) is presently 48.00%.

Analyst Ratings Changes

Several equities analysts recently weighed in on OTIS shares. Wall Street Zen lowered shares of Otis Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Wolfe Research lowered shares of Otis Worldwide from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, April 8th. Barclays restated an “underweight” rating and set a $77.00 price target on shares of Otis Worldwide in a report on Thursday. Wells Fargo & Company reduced their price objective on shares of Otis Worldwide from $92.00 to $80.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 1st. Finally, Evercore started coverage on shares of Otis Worldwide in a research report on Monday, April 13th. They set an “outperform” rating and a $100.00 target price on the stock. Three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Otis Worldwide presently has a consensus rating of “Hold” and a consensus target price of $98.60.

Insider Buying and Selling

In other news, CEO Judith Fran Marks sold 56,107 shares of Otis Worldwide stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $90.89, for a total value of $5,099,565.23. Following the transaction, the chief executive officer owned 231,072 shares of the company’s stock, valued at $21,002,134.08. This trade represents a 19.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Montlivault Stephane De sold 47,944 shares of the business’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $92.25, for a total transaction of $4,422,834.00. Following the completion of the sale, the insider owned 29,176 shares of the company’s stock, valued at $2,691,486. The trade was a 62.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 158,013 shares of company stock worth $14,337,635. 0.23% of the stock is currently owned by company insiders.

Otis Worldwide News Roundup

Here are the key news stories impacting Otis Worldwide this week:

• Positive Sentiment: Service-led revenue growth and backlog expansion — Service net sales rose ~11% (organic +5%), modernization orders and backlog increased meaningfully, supporting recurring revenue and future visibility. OTIS REPORTS FIRST QUARTER 2026 RESULTS
• Positive Sentiment: Company increased shareholder returns — Board raised the quarterly dividend 5% to $0.44 and has repurchased roughly $400M of stock, supporting yield and capital-return narrative. Otis Announces 5 Percent Increase in Quarterly Dividend
• Positive Sentiment: Management lifted its sales outlook in some commentary and highlighted underlying demand, which some markets interpreted positively. Otis tops revenue view, lifts sales outlook as shares rise
• Neutral Sentiment: Guidance mostly intact but conservative — FY26 EPS guidance of $4.20–4.24 is roughly in line with consensus, and revenue guidance sits in a narrow range; this suggests management expects steady but margin‑challenged execution. Otis Q1 2026 Earnings Call Summary
• Neutral Sentiment: Solid cash generation — Operating cash flow and adjusted free cash flow remained positive (reported ~$413M and ~$272M), underpinning buybacks and the dividend. OTIS REPORTS FIRST QUARTER 2026 RESULTS
• Negative Sentiment: EPS missed Street expectations — Q1 EPS of $0.89 missed the consensus ~$0.91, signaling near-term margin pressure. Otis Q1 Earnings Fall Short of Estimates
• Negative Sentiment: Margins squeezed by costs, tariffs and delays — Management cited higher labor/material costs, tariff impacts and shipment delays related to the Middle East conflict as drivers of margin weakness and shipment timing risk. Elevator maker Otis flags tariff hit, shipment delays amid Middle East conflict
• Negative Sentiment: Sell‑side reaction mixed — Analysts and investors are parsing the combination of top‑line resilience against margin degradation, which has pressured the stock despite supportive cash returns. Otis Worldwide Sales Rise on Services Growth, Margins Hurt by Labor, Material Costs

Institutional Investors Weigh In On Otis Worldwide

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Smartleaf Asset Management LLC lifted its position in shares of Otis Worldwide by 5.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,295 shares of the company’s stock worth $202,000 after purchasing an additional 123 shares during the last quarter. Brooklyn Investment Group lifted its holdings in shares of Otis Worldwide by 3.6% during the fourth quarter. Brooklyn Investment Group now owns 3,977 shares of the company’s stock worth $350,000 after buying an additional 139 shares during the last quarter. Ausdal Financial Partners Inc. lifted its holdings in shares of Otis Worldwide by 2.4% during the third quarter. Ausdal Financial Partners Inc. now owns 6,091 shares of the company’s stock worth $557,000 after buying an additional 142 shares during the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Otis Worldwide by 12.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,468 shares of the company’s stock valued at $128,000 after acquiring an additional 159 shares during the period. Finally, Evergreen Capital Management LLC grew its stake in shares of Otis Worldwide by 6.3% in the second quarter. Evergreen Capital Management LLC now owns 2,667 shares of the company’s stock worth $264,000 after acquiring an additional 159 shares during the last quarter. 88.03% of the stock is owned by institutional investors and hedge funds.

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.