Otis Worldwide (OTIS) – Analysts’ Recent Ratings Changes

Otis Worldwide (NYSE: OTIS) has recently received a number of price target changes and ratings updates:

• 4/24/2026 – Otis Worldwide was given a new $88.00 price target by Morgan Stanley.
• 4/23/2026 – Otis Worldwide was given a new $105.00 price target by UBS Group AG.
• 4/23/2026 – Otis Worldwide had its price target lowered by Barclays PLC from $80.00 to $77.00. They now have an “underweight” rating on the stock.
• 4/23/2026 – Otis Worldwide had its price target lowered by Royal Bank Of Canada from $110.00 to $105.00. They now have an “outperform” rating on the stock.
• 4/13/2026 – Otis Worldwide is now covered by Evercore Inc. They set an “outperform” rating and a $100.00 price target on the stock.
• 4/8/2026 – Otis Worldwide was downgraded by Wolfe Research from “outperform” to “peer perform”.
• 4/1/2026 – Otis Worldwide had its price target lowered by Barclays PLC from $90.00 to $80.00. They now have an “underweight” rating on the stock.
• 4/1/2026 – Otis Worldwide had its price target lowered by Wells Fargo & Company from $92.00 to $80.00. They now have an “equal weight” rating on the stock.
• 3/27/2026 – Otis Worldwide had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 3/16/2026 – Otis Worldwide had its “outperform” rating reaffirmed by Wolfe Research.

Otis Worldwide Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 15th will be given a $0.44 dividend. This is a boost from Otis Worldwide’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.76 annualized dividend and a dividend yield of 2.3%. Otis Worldwide’s dividend payout ratio is 46.81%.

Insider Transactions at Otis Worldwide

In related news, CAO Michael Patrick Ryan sold 1,182 shares of the business’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $90.06, for a total value of $106,450.92. Following the completion of the sale, the chief accounting officer directly owned 3,504 shares of the company’s stock, valued at $315,570.24. The trade was a 25.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Judith Fran Marks sold 56,107 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 231,072 shares of the company’s stock, valued at $21,002,134.08. The trade was a 19.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 152,013 shares of company stock valued at $13,818,935. Corporate insiders own 0.14% of the company’s stock.

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.