Otis Worldwide FY2025 EPS Forecast Reduced by Zacks Research

Otis Worldwide Corporation (NYSE:OTIS) – Equities research analysts at Zacks Research decreased their FY2025 earnings per share (EPS) estimates for shares of Otis Worldwide in a note issued to investors on Wednesday, August 13th. Zacks Research analyst S. Mukherjee now expects that the company will earn $4.03 per share for the year, down from their previous forecast of $4.06. 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 Q1 2026 earnings at $0.98 EPS, Q2 2026 earnings at $1.06 EPS, Q4 2026 earnings at $1.17 EPS, FY2026 earnings at $4.31 EPS, Q1 2027 earnings at $1.10 EPS and FY2027 earnings at $4.76 EPS.

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

Other equities analysts have also recently issued reports about the company. JPMorgan Chase & Co. dropped their target price on Otis Worldwide from $109.00 to $101.00 and set an “overweight” rating for the company in a report on Thursday, July 24th. Morgan Stanley raised their price target on Otis Worldwide from $97.00 to $105.00 and gave the company an “equal weight” rating in a report on Tuesday, July 8th. Wells Fargo & Company dropped their price target on Otis Worldwide from $100.00 to $93.00 and set an “equal weight” rating for the company in a report on Thursday, July 24th. Royal Bank Of Canada dropped their price target on Otis Worldwide from $108.00 to $105.00 and set an “outperform” rating for the company in a report on Monday, July 28th. Finally, Barclays dropped their price target on Otis Worldwide from $92.00 to $90.00 and set an “underweight” rating for the company in a report on Thursday, July 24th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $102.50.

Otis Worldwide Trading Down 1.8%

Shares of OTIS opened at $87.63 on Thursday. Otis Worldwide has a 1 year low of $84.25 and a 1 year high of $106.83. The stock has a 50 day simple moving average of $94.34 and a 200-day simple moving average of $96.58. The stock has a market cap of $34.39 billion, a PE ratio of 23.18, a PEG ratio of 4.29 and a beta of 0.95.

Institutional Investors Weigh In On Otis Worldwide

Hedge funds and other institutional investors have recently made changes to their positions in the company. Simon Quick Advisors LLC acquired a new stake in shares of Otis Worldwide in the 1st quarter valued at $443,000. SG Americas Securities LLC acquired a new stake in shares of Otis Worldwide in the 1st quarter valued at $2,533,000. Quintet Private Bank Europe S.A. increased its stake in shares of Otis Worldwide by 3.4% in the 1st quarter. Quintet Private Bank Europe S.A. now owns 289,936 shares of the company’s stock valued at $29,921,000 after buying an additional 9,467 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of Otis Worldwide by 362.4% in the 1st quarter. Assenagon Asset Management S.A. now owns 438,896 shares of the company’s stock valued at $45,294,000 after buying an additional 343,987 shares during the period. Finally, Kingswood Wealth Advisors LLC acquired a new stake in shares of Otis Worldwide in the 1st quarter valued at $225,000. 88.03% of the stock is owned by institutional investors and hedge funds.

Otis Worldwide Announces Dividend

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

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.