Rep. Lisa C. McClain Sells Off Shares of Otis Worldwide Corporation (NYSE:OTIS)

Posted by Wayne Rhoads on Nov 27th, 2025

Representative Lisa C. McClain (R-Michigan) recently sold shares of Otis Worldwide Corporation (NYSE:OTIS). In a filing disclosed on November 21st, the Representative disclosed that they had sold between $1,001 and $15,000 in Otis Worldwide stock on October 30th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” 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 Performance

Shares of OTIS stock traded up $0.24 during mid-day trading on Thursday, reaching $88.68. 1,682,174 shares of the company’s stock traded hands, compared to its average volume of 2,534,949. The firm has a market capitalization of $34.56 billion, a PE ratio of 26.16, a price-to-earnings-growth ratio of 3.37 and a beta of 1.00. Otis Worldwide Corporation has a 12 month low of $84.25 and a 12 month high of $106.83. The firm has a 50 day moving average price of $90.39 and a two-hundred day moving average price of $92.14.

Otis Worldwide (NYSE:OTIS – Get Free Report) last released its earnings results on Wednesday, October 29th. The company reported $1.05 earnings per share 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 the consensus estimate of $3.65 billion. During the same period in the previous year, the business earned $0.96 earnings per share. Otis Worldwide’s quarterly 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, equities analysts expect that Otis Worldwide Corporation will post 4.04 earnings per share for the current fiscal year.

Otis Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Stockholders 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 dividend yield of 1.9%. The ex-dividend date is Friday, November 14th. Otis Worldwide’s dividend payout ratio (DPR) is currently 49.56%.

Institutional Trading of Otis Worldwide

Several hedge funds have recently bought and sold shares of OTIS. IFP Advisors Inc increased its holdings in shares of Otis Worldwide by 559.8% in the first quarter. IFP Advisors Inc now owns 11,058 shares of the company’s stock worth $1,141,000 after purchasing an additional 9,382 shares during the last quarter. Allianz Asset Management GmbH raised its holdings in shares of Otis Worldwide by 131.5% during the 1st quarter. Allianz Asset Management GmbH now owns 123,969 shares of the company’s stock worth $12,794,000 after acquiring an additional 70,421 shares in the last quarter. Crestwood Advisors Group LLC raised its holdings in shares of Otis Worldwide by 17.7% during the 1st quarter. Crestwood Advisors Group LLC now owns 3,262 shares of the company’s stock worth $337,000 after acquiring an additional 490 shares in the last quarter. Choreo LLC boosted its position in shares of Otis Worldwide by 5.0% during the 1st quarter. Choreo LLC now owns 18,511 shares of the company’s stock valued at $1,910,000 after acquiring an additional 884 shares during the last quarter. Finally, Venturi Wealth Management LLC grew its holdings in shares of Otis Worldwide by 159.3% in the first quarter. Venturi Wealth Management LLC now owns 2,404 shares of the company’s stock valued at $248,000 after purchasing an additional 1,477 shares in the last quarter. Hedge funds and other institutional investors own 88.03% of the company’s stock.

Insider Transactions at Otis Worldwide

In related news, CAO Michael Patrick Ryan sold 3,028 shares of the company’s stock in a transaction on Wednesday, November 5th. The shares were 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 $240,961.32. This represents a 53.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.23% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts recently issued reports on OTIS shares. Zacks Research upgraded Otis Worldwide from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of Otis Worldwide in a research report on Tuesday. JPMorgan Chase & Co. raised their price objective on shares of Otis Worldwide from $105.00 to $111.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Barclays upped their target price on shares of Otis Worldwide from $90.00 to $92.00 and gave the stock an “underweight” rating in a report on Thursday, October 30th. Finally, Wolfe Research set a $109.00 price target on Otis Worldwide and gave the company an “outperform” rating in a report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $103.71.

Read Our Latest Report on Otis Worldwide

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.