Great Lakes Advisors LLC Has $32.29 Million Stake in Otis Worldwide Corporation $OTIS

Great Lakes Advisors LLC boosted its holdings in shares of Otis Worldwide Corporation (NYSE:OTIS) by 12,108.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 353,178 shares of the company’s stock after acquiring an additional 350,285 shares during the quarter. Great Lakes Advisors LLC owned approximately 0.09% of Otis Worldwide worth $32,291,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new position in Otis Worldwide during the third quarter worth $26,000. Chilton Capital Management LLC acquired a new stake in shares of Otis Worldwide in the second quarter worth $31,000. Nemes Rush Group LLC raised its holdings in Otis Worldwide by 75.4% in the 2nd quarter. Nemes Rush Group LLC now owns 314 shares of the company’s stock worth $31,000 after acquiring an additional 135 shares during the period. Rakuten Investment Management Inc. acquired a new stake in shares of Otis Worldwide in the third quarter valued at about $31,000. Finally, MTM Investment Management LLC acquired a new position in shares of Otis Worldwide during the 2nd quarter worth about $40,000. 88.03% of the stock is owned by institutional investors.

Otis Worldwide News Summary

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

• Positive Sentiment: Service-driven recovery — Service net sales grew ~8% in Q4 with maintenance & repair up ~7%, Service operating margin expanded (100 bps) and modernization orders and backlog rose sharply, supporting higher-margin recurring revenue. OTIS REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS
• Positive Sentiment: Strong cash flow and shareholder returns — Otis generated sizable operating & adjusted free cash flow (Q4 operating cash flow $817M; FY ~ $1.6B) and repurchased roughly $800M of stock, which supports capital allocation and EPS conversion. Otis Worldwide Corp (OTIS) Q4 2025 Earnings Call Highlights: Record Cash Flow and Modernization …
• Positive Sentiment: 2026 outlook calls for growth — Management guided to organic sales up low-to-mid single digits, adjusted EPS up mid-to-high single digits and FCF roughly $1.6–1.7B, signaling continued confidence in the Service strategy. Otis 4Q Net Up, Sees 2026 Sales Growth on Strong Service Demand
• Neutral Sentiment: EPS in line — Adjusted EPS of $1.03 matched consensus, showing year-over-year improvement but not an upside surprise. Otis Worldwide (OTIS) Q4 Earnings Match Estimates
• Neutral Sentiment: Full materials available — The company hosted an earnings call and provided a slide deck and transcript for details on segment trends and backlog evolution. Otis Worldwide Corporation (OTIS) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Revenue shortfall — Q4 revenue came in at $3.80B versus ~$3.88B expected, which prompted the modest selloff as investors focused on top-line softness despite margin wins. Otis misses Q4 estimates, shares dip as revenue falls short
• Negative Sentiment: New Equipment & China weakness — New Equipment sales were softer and management noted weaker demand in China, which impacts short-term top-line momentum and investor sentiment. Otis Worldwide shares slide after Q4 revenue miss, softer sales in China

Analysts Set New Price Targets

A number of brokerages have recently commented on OTIS. Weiss Ratings reiterated a “hold (c)” rating on shares of Otis Worldwide in a report on Monday, December 29th. Zacks Research upgraded shares of Otis Worldwide from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 14th. Wolfe Research set a $109.00 target price on shares of Otis Worldwide and gave the company an “outperform” rating in a research note on Wednesday, October 8th. Wells Fargo & Company lowered their price target on Otis Worldwide from $95.00 to $92.00 and set an “equal weight” rating on the stock in a research note on Monday, December 15th. Finally, BNP Paribas Exane raised Otis Worldwide from a “neutral” rating to an “outperform” rating and set a $105.00 price objective on the stock in a report on Tuesday, December 9th. Four investment 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $104.13.

Insider Buying and Selling at Otis Worldwide

In related news, CAO Michael Patrick Ryan sold 3,028 shares of Otis Worldwide stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $91.69, for a total value of $277,637.32. Following the completion of the transaction, the chief accounting officer directly owned 2,628 shares of the company’s stock, valued at $240,961.32. The trade was a 53.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.23% of the company’s stock.

Otis Worldwide Stock Performance

Shares of NYSE OTIS opened at $88.49 on Thursday. The business has a fifty day moving average of $88.44 and a two-hundred day moving average of $89.45. Otis Worldwide Corporation has a 52-week low of $84.00 and a 52-week high of $106.83. The stock has a market cap of $34.49 billion, a PE ratio of 26.10, a PEG ratio of 2.62 and a beta of 1.02.

Otis Worldwide (NYSE:OTIS) last posted its earnings results on Wednesday, January 28th. The company reported $1.03 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.03. The company had revenue of $3.80 billion during the quarter, compared to analysts’ expectations of $3.88 billion. Otis Worldwide had a net margin of 9.41% and a negative return on equity of 30.67%. Otis Worldwide’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.93 earnings per share. Analysts predict that Otis Worldwide Corporation will post 4.04 earnings per share for the current year.

Otis Worldwide Company Profile

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.