Qsemble Capital Management LP Makes New Investment in Otis Worldwide Corporation $OTIS

Qsemble Capital Management LP bought a new position in shares of Otis Worldwide Corporation (NYSE:OTIS) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 128,140 shares of the company’s stock, valued at approximately $11,193,000. Otis Worldwide accounts for 0.9% of Qsemble Capital Management LP’s portfolio, making the stock its 13th largest holding.

A number of other institutional investors have also recently bought and sold shares of the business. Allied Investment Advisors LLC boosted its position in shares of Otis Worldwide by 6.0% during the third quarter. Allied Investment Advisors LLC now owns 118,761 shares of the company’s stock worth $10,858,000 after purchasing an additional 6,770 shares in the last quarter. CIBC Private Wealth Group LLC boosted its position in shares of Otis Worldwide by 54.0% during the third quarter. CIBC Private Wealth Group LLC now owns 2,890,482 shares of the company’s stock worth $264,277,000 after purchasing an additional 1,013,876 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Otis Worldwide by 12,345.2% during the fourth quarter. SG Americas Securities LLC now owns 499,177 shares of the company’s stock worth $43,603,000 after purchasing an additional 495,166 shares in the last quarter. Pinnacle Financial Partners Inc. boosted its position in shares of Otis Worldwide by 19.6% during the third quarter. Pinnacle Financial Partners Inc. now owns 77,492 shares of the company’s stock worth $7,085,000 after purchasing an additional 12,721 shares in the last quarter. Finally, Caprock Group LLC bought a new position in shares of Otis Worldwide during the third quarter worth $982,000. Institutional investors and hedge funds own 88.03% of the company’s stock.

More Otis Worldwide News

Here are the key news stories impacting Otis Worldwide this week:

• Positive Sentiment: Zacks Research nudged up its Q3 2026 EPS estimate to $1.14 from $1.13 and its Q4 2026 estimate to $1.18 from $1.17, signaling slightly better near-term earnings expectations.
• Positive Sentiment: Even with some forecast cuts, Zacks still sees Otis earning above the current consensus for FY2026 at $4.22 per share versus $4.18 expected by analysts overall.
• Neutral Sentiment: Market commentary focused on whether Wall Street analysts like Otis Worldwide stock and whether options traders are signaling a move, but no major company-specific operational update was included in these headlines. Do Wall Street analysts like Otis Worldwide stock?
• Negative Sentiment: Zacks Research lowered FY2026 EPS to $4.22 from $4.29 and FY2027 EPS to $4.67 from $4.81, implying softer profitability expectations over the next couple of years.
• Negative Sentiment: The firm also cut estimates for Q2 2026, Q1 2027, Q2 2027, Q3 2027, Q4 2027, Q1 2028, Q4 2027, and FY2028, which reinforces the cautious tone around Otis Worldwide’s earnings outlook.

Otis Worldwide Trading Down 2.6%

OTIS opened at $71.13 on Friday. The stock has a market capitalization of $27.29 billion, a P/E ratio of 18.92, a P/E/G ratio of 2.39 and a beta of 0.95. Otis Worldwide Corporation has a 12 month low of $70.65 and a 12 month high of $101.42. The firm’s fifty day simple moving average is $79.27 and its 200 day simple moving average is $85.83.

Otis Worldwide (NYSE:OTIS) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $0.89 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.02). The company had revenue of $3.57 billion during the quarter, compared to the consensus estimate of $3.77 billion. Otis Worldwide had a net margin of 10.11% and a negative return on equity of 29.39%. The company’s revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.92 earnings per share. Otis Worldwide has set its FY 2026 guidance at 4.200-4.240 EPS. On average, equities research analysts predict that Otis Worldwide Corporation will post 4.19 EPS for the current fiscal year.

Otis Worldwide Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 15th will be given a dividend of $0.44 per share. 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 yield of 2.5%. Otis Worldwide’s payout ratio is presently 44.68%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on OTIS shares. JPMorgan Chase & Co. cut shares of Otis Worldwide from an “overweight” rating to a “neutral” rating and set a $98.00 price target on the stock. in a research report on Friday, January 30th. Evercore started coverage on shares of Otis Worldwide in a research report on Monday, April 13th. They set an “outperform” rating and a $100.00 price target on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Otis Worldwide in a research report on Friday, March 27th. Wolfe Research cut shares of Otis Worldwide from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, April 8th. Finally, UBS Group set a $105.00 price target on shares of Otis Worldwide in a research report on Thursday, April 23rd. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $97.64.

About Otis Worldwide

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.