Otis Worldwide (NYSE:OTIS) Stock Acquired Rep. Lisa C. McClain

Representative Lisa C. McClain (R-Michigan) recently bought shares of Otis Worldwide Corporation (NYSE:OTIS). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in Otis Worldwide stock on October 30th. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.

Representative Lisa C. McClain also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.

Otis Worldwide Stock Up 1.7%

Shares of Otis Worldwide stock traded up $1.48 on Tuesday, reaching $88.44. The company’s stock had a trading volume of 2,263,613 shares, compared to its average volume of 2,744,873. Otis Worldwide Corporation has a 52 week low of $84.25 and a 52 week high of $106.83. The firm’s fifty day simple moving average is $90.42 and its two-hundred day simple moving average is $92.23. The company has a market capitalization of $34.47 billion, a price-to-earnings ratio of 26.09, a P/E/G ratio of 3.36 and a beta of 1.00.

Otis Worldwide (NYSE:OTISGet Free Report) last released its quarterly earnings data on Wednesday, October 29th. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $1.00 by $0.05. Otis Worldwide had a negative return on equity of 30.67% and a net margin of 9.41%.The company had revenue of $3.69 billion for the quarter, compared to analysts’ expectations of $3.65 billion. During the same period last year, the firm posted $0.96 earnings per share. Otis Worldwide’s revenue was up 4.0% compared to the same quarter last year. Otis Worldwide has set its FY 2025 guidance at 4.040-4.080 EPS. As a group, research analysts predict that Otis Worldwide Corporation will post 4.04 EPS for the current year.

Otis Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Friday, November 14th will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.9%. The ex-dividend date is Friday, November 14th. Otis Worldwide’s dividend payout ratio (DPR) is currently 49.56%.

Insider Activity

In related news, CAO Michael Patrick Ryan sold 3,028 shares of Otis Worldwide stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $91.69, for a total transaction of $277,637.32. Following the sale, the chief accounting officer owned 2,628 shares of the company’s stock, valued at approximately $240,961.32. This trade represents a 53.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.23% of the company’s stock.

Hedge Funds Weigh In On Otis Worldwide

A number of institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its stake in shares of Otis Worldwide by 6.7% during the 1st quarter. JPMorgan Chase & Co. now owns 37,920,025 shares of the company’s stock valued at $3,913,347,000 after buying an additional 2,396,134 shares in the last quarter. Lifeworks Advisors LLC raised its holdings in Otis Worldwide by 5.9% during the first quarter. Lifeworks Advisors LLC now owns 56,115 shares of the company’s stock valued at $5,791,000 after acquiring an additional 3,105 shares during the period. T. Rowe Price Investment Management Inc. purchased a new position in shares of Otis Worldwide in the first quarter valued at about $612,000. State of Wyoming lifted its position in shares of Otis Worldwide by 278.6% in the first quarter. State of Wyoming now owns 7,406 shares of the company’s stock valued at $764,000 after acquiring an additional 5,450 shares in the last quarter. Finally, Groupe la Francaise boosted its stake in shares of Otis Worldwide by 14.2% in the first quarter. Groupe la Francaise now owns 43,418 shares of the company’s stock worth $4,472,000 after acquiring an additional 5,391 shares during the period. 88.03% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

OTIS has been the subject of a number of research analyst reports. Zacks Research upgraded shares of Otis Worldwide from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 14th. Wolfe Research set a $109.00 target price on shares of Otis Worldwide and gave the stock an “outperform” rating in a report on Wednesday, October 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Otis Worldwide in a research report on Wednesday, November 19th. Barclays boosted their target price on shares of Otis Worldwide from $90.00 to $92.00 and gave the company an “underweight” rating in a research note on Thursday, October 30th. Finally, Royal Bank Of Canada dropped their price target on Otis Worldwide from $108.00 to $105.00 and set an “outperform” rating on the stock in a research note on Monday, July 28th. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $103.71.

View Our Latest Research Report on OTIS

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Otis Worldwide Company Profile

(Get Free Report)

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.

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