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 Trading Down 0.0%
Shares of OTIS opened at $69.07 on Monday. The company’s 50-day moving average price is $72.10 and its 200 day moving average price is $75.47. Otis Worldwide Corporation has a 12-month low of $67.64 and a 12-month high of $94.57. The firm has a market cap of $26.29 billion, a P/E ratio of 17.76, a price-to-earnings-growth ratio of 2.43 and a beta of 0.88.
Otis Worldwide Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Friday, August 14th were paid a dividend of $0.44 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $1.76 annualized dividend and a yield of 2.5%. Otis Worldwide’s dividend payout ratio (DPR) is 45.24%.
Institutional Investors Weigh In On Otis Worldwide
Several institutional investors and hedge funds have recently made changes to their positions in the company. Garton & Associates Financial Advisors LLC acquired a new stake in Otis Worldwide during the 4th quarter worth about $27,000. Orion Capital Management LLC acquired a new stake in shares of Otis Worldwide during the 2nd quarter valued at $27,000. Reflection Asset Management acquired a new stake in shares of Otis Worldwide during the 4th quarter valued at $34,000. MidFirst Bank purchased a new position in shares of Otis Worldwide during the 4th quarter valued at $35,000. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new stake in Otis Worldwide during the second quarter valued at $28,000. 88.03% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on OTIS shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Otis Worldwide in a research note on Wednesday, August 12th. Sanford C. Bernstein dropped their target price on shares of Otis Worldwide from $97.00 to $90.00 and set an “outperform” rating for the company in a report on Thursday, July 23rd. Morgan Stanley set a $75.00 price target on shares of Otis Worldwide in a research report on Monday, August 10th. Evercore reissued an “outperform” rating and set a $95.00 price target on shares of Otis Worldwide in a research note on Thursday, July 23rd. Finally, Royal Bank Of Canada set a $90.00 price target on Otis Worldwide in a report on Tuesday, July 28th. Four research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $92.91.
View Our Latest Stock Report on OTIS
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.
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