OTIS icon

Otis Worldwide

92.93 USD
+0.19
0.20%
At close Apr 25, 4:00 PM EDT
After hours
93.42
+0.49
0.53%
1 day
0.20%
5 days
-5.13%
1 month
-8.35%
3 months
-4.92%
6 months
-8.23%
Year to date
0.75%
1 year
-0.10%
5 years
92.72%
10 years
105.37%
 

About: Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.

Employees: 72,000

0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

243% more call options, than puts

Call options by funds: $186M | Put options by funds: $54.1M

36% more first-time investments, than exits

New positions opened: 146 | Existing positions closed: 107

2.77% more ownership

Funds ownership: 87.87% [Q3] → 90.64% (+2.77%) [Q4]

2% more funds holding

Funds holding: 1,180 [Q3] → 1,201 (+21) [Q4]

9% less repeat investments, than reductions

Existing positions increased: 377 | Existing positions reduced: 413

8% less capital invested

Capital invested by funds: $36.6B [Q3] → $33.5B (-$3.04B) [Q4]

38% less funds holding in top 10

Funds holding in top 10: 8 [Q3] → 5 (-3) [Q4]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$88
5%
downside
Avg. target
$91
2%
downside
High target
$95
2%
upside

3 analyst ratings

positive
0%
neutral
67%
negative
33%
Barclays
Julian Mitchell
38% 1-year accuracy
48 / 127 met price target
3%downside
$90
Underweight
Maintained
25 Apr 2025
Wells Fargo
Joseph O'Dea
40% 1-year accuracy
14 / 35 met price target
2%upside
$95
Equal-Weight
Maintained
24 Apr 2025
JP Morgan
Stephen Tusa
47% 1-year accuracy
16 / 34 met price target
5%downside
$88
Neutral
Maintained
8 Apr 2025

Financial journalist opinion

Based on 13 articles about OTIS published over the past 30 days

Neutral
Fox Business
3 days ago
Otis Worldwide CEO reveals plans to handling tariffs
Otis Worldwide chair, CEO and president Judy Marks discusses supply side options amid tariff talks on 'The Claman Countdown.'
Otis Worldwide CEO reveals plans to handling tariffs
Neutral
Zacks Investment Research
3 days ago
Otis Worldwide Q1 Earnings Beat Estimates, Sales Miss, Stock Down
OTIS' first-quarter results are hurt by a dismal New Equipment segment performance but gain from the Service segment.
Otis Worldwide Q1 Earnings Beat Estimates, Sales Miss, Stock Down
Neutral
Seeking Alpha
3 days ago
Otis Worldwide Corporation (OTIS) Q1 2025 Earnings Call Transcript
Otis Worldwide Corporation (NYSE:OTIS ) Q1 2025 Earnings Conference Call April 23, 2025 8:30 AM ET Company Participants Rob Quartaro - VP, IR Judy Marks - Chair, CEO and President Cristina Mendez - EVP and CFO Conference Call Participants Jeffrey Sprague - Vertical Research Partners Amit Mehrotra - UBS Nigel Coe - Wolfe Research Steve Tusa - JPMorgan Joseph O'Dea - Wells Fargo Julian Mitchell - Barclays Chris Snyder - Morgan Stanley Nick Housden - RBC Capital Markets Operator Good morning, and welcome to Otis' First Quarter 2025 Earnings Conference Call. This call is being carried live on the Internet and recorded for replay.
Otis Worldwide Corporation (OTIS) Q1 2025 Earnings Call Transcript
Positive
Zacks Investment Research
3 days ago
Otis Worldwide (OTIS) Reports Q1 Earnings: What Key Metrics Have to Say
The headline numbers for Otis Worldwide (OTIS) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Otis Worldwide (OTIS) Reports Q1 Earnings: What Key Metrics Have to Say
Positive
Zacks Investment Research
3 days ago
Otis Worldwide (OTIS) Beats Q1 Earnings Estimates
Otis Worldwide (OTIS) came out with quarterly earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.88 per share a year ago.
Otis Worldwide (OTIS) Beats Q1 Earnings Estimates
Neutral
PRNewsWire
3 days ago
OTIS REPORTS FIRST QUARTER 2025 RESULTS
Otis delivers mid-single digit organic Service sales growth and strong Service operating profit margin expansion Service net sales up 1% with organic sales up 4% GAAP operating profit margin down 350 bps, adjusted operating profit margin up 40 bps GAAP EPS down 29% and adjusted EPS up 5% Maintenance portfolio units up 4% Modernization orders up 12%, backlog up 13%, up 14% at constant currency GAAP cash flow from operations of $190 million; adjusted free cash flow of $186 million Share repurchases of approximately $250 million FARMINGTON, Conn. , April 23, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) reported first quarter 2025 net sales of $3.3 billion with organic sales flat versus the prior year.
OTIS REPORTS FIRST QUARTER 2025 RESULTS
Neutral
PRNewsWire
4 days ago
Otis Announces 8 Percent Increase in Quarterly Dividend to $0.42 per Share
FARMINGTON, Conn. , April 22, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock, representing an 8% increase.
Otis Announces 8 Percent Increase in Quarterly Dividend to $0.42 per Share
Positive
Zacks Investment Research
4 days ago
Otis Worldwide to Report Q1 Earnings: What to Expect From the Stock?
OTIS' first-quarter performance is likely to have been impacted by lower New Equipment sales, with maintenance portfolio growth benefiting the results.
Otis Worldwide to Report Q1 Earnings: What to Expect From the Stock?
Positive
Zacks Investment Research
5 days ago
Exploring Analyst Estimates for Otis Worldwide (OTIS) Q1 Earnings, Beyond Revenue and EPS
Beyond analysts' top -and-bottom-line estimates for Otis Worldwide (OTIS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.
Exploring Analyst Estimates for Otis Worldwide (OTIS) Q1 Earnings, Beyond Revenue and EPS
Neutral
PRNewsWire
2 weeks ago
Otis First Quarter 2025 Earnings Advisory
FARMINGTON, Conn. , April 9, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, April 23, 2025, at 8:30 a.m.
Otis First Quarter 2025 Earnings Advisory
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