Recent Research Analysts’ Ratings Updates for Otis Worldwide (OTIS)
by Teresa Graham · The Cerbat GemOtis Worldwide (NYSE: OTIS) has recently received a number of price target changes and ratings updates:
- 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 Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 13th were paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, February 13th. Otis Worldwide’s dividend payout ratio (DPR) is currently 48.00%.
Insider Activity
In other Otis Worldwide news, insider Montlivault Stephane De sold 47,944 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $92.25, for a total transaction of $4,422,834.00. Following the sale, the insider directly owned 29,176 shares of the company’s stock, valued at $2,691,486. This trade represents a 62.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Judith Fran Marks sold 56,107 shares of the firm’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $90.89, for a total transaction of $5,099,565.23. Following the sale, the chief executive officer directly owned 231,072 shares in the company, valued at $21,002,134.08. This represents a 19.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 158,013 shares of company stock valued at $14,337,635 over the last quarter. 0.23% of the stock is currently owned by company insiders.
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.