Sen. John Boozman Buys Otis Worldwide Corporation (NYSE:OTIS) Shares

Senator John Boozman (Republican-Arkansas) recently bought shares of Otis Worldwide Corporation (NYSE:OTIS). In a filing disclosed on September 11th, the Senator disclosed that they had bought between $1,001 and $15,000 in Otis Worldwide stock on August 27th.

Senator John Boozman also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) on 8/27/2026.
• Purchased $1,001 – $15,000 in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) on 8/20/2026.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 8/20/2026.
• Purchased $1,001 – $15,000 in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) on 8/19/2026.
• Purchased $1,001 – $15,000 in shares of Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) on 8/19/2026.
• Purchased $1,001 – $15,000 in shares of First Solar (NASDAQ:FSLR) on 8/13/2026.
• Sold $1,001 – $15,000 in shares of Constellation Energy (NASDAQ:CEG) on 8/13/2026.
• Sold $1,001 – $15,000 in shares of Cboe Global Markets (BATS:CBOE) on 7/31/2026.
• Purchased $1,001 – $15,000 in shares of PayPal (NASDAQ:PYPL) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 7/23/2026.

Otis Worldwide Price Performance

Shares of NYSE:OTIS traded up $1.18 on Friday, hitting $69.07. 3,623,923 shares of the company’s stock were exchanged, compared to its average volume of 3,216,879. The stock has a market capitalization of $26.29 billion, a price-to-earnings ratio of 17.76, a price-to-earnings-growth ratio of 2.39 and a beta of 0.88. Otis Worldwide Corporation has a 12 month low of $67.64 and a 12 month high of $94.57. The business’s 50 day simple moving average is $72.10 and its two-hundred day simple moving average is $75.57.

Otis Worldwide (NYSE:OTIS) last announced its quarterly earnings data on Wednesday, July 22nd. The company reported $1.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.01. The company had revenue of $3.86 billion during the quarter, compared to analyst estimates of $3.76 billion. Otis Worldwide had a net margin of 10.17% and a negative return on equity of 28.50%. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter last year, the business posted $1.05 EPS. Otis Worldwide has set its FY 2026 guidance at 4.010-4.050 EPS. Equities analysts forecast that Otis Worldwide Corporation will post 4.03 EPS for the current fiscal year.

Otis Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Friday, August 14th were given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Friday, August 14th. Otis Worldwide’s dividend payout ratio (DPR) is 45.24%.

Institutional Trading of Otis Worldwide

Several hedge funds and other institutional investors have recently bought and sold shares of OTIS. Garton & Associates Financial Advisors LLC purchased a new position in shares of Otis Worldwide in the 4th quarter worth approximately $27,000. Orion Capital Management LLC purchased a new position in Otis Worldwide in the second quarter worth $27,000. Reflection Asset Management purchased a new position in Otis Worldwide in the fourth quarter worth $34,000. MidFirst Bank acquired a new position in shares of Otis Worldwide during the fourth quarter worth $35,000. Finally, Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of Otis Worldwide during the 2nd quarter valued at $28,000. Institutional investors own 88.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Morgan Stanley set a $75.00 price objective on Otis Worldwide in a research note on Monday, August 10th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Otis Worldwide in a research report on Wednesday, August 12th. Sanford C. Bernstein dropped their price target on Otis Worldwide from $97.00 to $90.00 and set an “outperform” rating on the stock in a research report on Thursday, July 23rd. Royal Bank Of Canada set a $90.00 price target on Otis Worldwide in a research note on Tuesday, July 28th. Finally, Evercore restated an “outperform” rating and issued a $95.00 price objective on shares of Otis Worldwide in a report on Thursday, July 23rd. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Otis Worldwide has a consensus rating of “Hold” and a consensus target price of $92.91.

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas’ U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman’s academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

Otis Worldwide Company Profile

Otis Worldwide Corporation (NYSE: OTIS) designs, manufactures, installs and services elevators, escalators and moving walkways. Its equipment is used in residential, commercial, institutional, transportation and industrial buildings, supporting the movement of people in high-rise and other densely occupied environments.

The company’s offerings include passenger and freight elevators, escalators, moving walkways, destination-dispatch systems and related technologies. Otis also provides maintenance, repair, modernization and replacement services for its own equipment and products made by other manufacturers.