Otis Worldwide (OTIS) Expected to Post Earnings on Wednesday

Otis Worldwide (NYSE:OTIS) is anticipated to release its Q2 2026 results before the market opens on Wednesday, July 22nd. Analysts expect Otis Worldwide to post 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 can find conference call details on 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 announced its earnings results on Wednesday, April 22nd. The company reported $0.89 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.02). The firm had revenue of $3.57 billion for the quarter, compared to the consensus estimate of $3.77 billion. Otis Worldwide had a negative return on equity of 29.39% and a net margin of 10.11%.Otis Worldwide’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm earned $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 Price Performance

OTIS opened at $72.55 on Wednesday. The business has a 50 day moving average price of $72.26 and a two-hundred day moving average price of $80.78. The company has a market capitalization of $27.84 billion, a price-to-earnings ratio of 19.29, a price-to-earnings-growth ratio of 2.63 and a beta of 0.90. Otis Worldwide has a 1-year low of $69.16 and a 1-year high of $101.42.

Otis Worldwide Increases Dividend

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

Analyst Ratings Changes

Several analysts have recently weighed in on the company. UBS Group set a $105.00 price objective on Otis Worldwide in a report on Thursday, April 23rd. Morgan Stanley set a $88.00 target price on Otis Worldwide in a report on Friday, April 24th. Wells Fargo & Company dropped their price target on shares of Otis Worldwide from $92.00 to $80.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 1st. Barclays dropped their price target on shares of Otis Worldwide from $80.00 to $77.00 and set an “underweight” rating on the stock in a research report on Thursday, April 23rd. Finally, Wolfe Research downgraded shares of Otis Worldwide from an “outperform” rating to a “peer perform” rating in a report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $96.55.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Jones Financial Companies Lllp raised its position in shares of Otis Worldwide by 3.4% during the first quarter. Jones Financial Companies Lllp now owns 9,199 shares of the company’s stock worth $949,000 after purchasing an additional 304 shares during the period. Empowered Funds LLC boosted its position in shares of Otis Worldwide by 10.5% in the 1st quarter. Empowered Funds LLC now owns 8,988 shares of the company’s stock valued at $928,000 after purchasing an additional 857 shares during the period. Acadian Asset Management LLC increased its stake in Otis Worldwide by 63.7% in the 1st quarter. Acadian Asset Management LLC now owns 4,045 shares of the company’s stock worth $417,000 after purchasing an additional 1,574 shares in the last quarter. Baird Financial Group Inc. increased its stake in Otis Worldwide by 7.1% in the 2nd quarter. Baird Financial Group Inc. now owns 32,245 shares of the company’s stock worth $3,193,000 after purchasing an additional 2,132 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in Otis Worldwide by 13.3% in the 2nd quarter. NewEdge Advisors LLC now owns 10,222 shares of the company’s stock worth $1,012,000 after purchasing an additional 1,196 shares in the last quarter. 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.