Otis Worldwide
OTIS
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
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
56% more first-time investments, than exits
New positions opened: 122 | Existing positions closed: 78
44% more call options, than puts
Call options by funds: $50.9M | Put options by funds: $35.3M
2% more funds holding
Funds holding: 1,228 [Q1] → 1,247 (+19) [Q2]
1.01% more ownership
Funds ownership: 87.96% [Q1] → 88.97% (+1.01%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 7 [Q1] → 7 (+0) [Q2]
3% less capital invested
Capital invested by funds: $36B [Q1] → $34.7B (-$1.22B) [Q2]
10% less repeat investments, than reductions
Existing positions increased: 406 | Existing positions reduced: 450
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
JP Morgan
Stephen Tusa
|
$105
|
Overweight
Maintained
|
18 Sep 2025 |
RBC Capital
Nick Housden
|
$105
|
Outperform
Maintained
|
28 Jul 2025 |
Wells Fargo
Joseph O'Dea
|
$93
|
Equal-Weight
Maintained
|
24 Jul 2025 |
Barclays
Julian Mitchell
|
$90
|
Underweight
Maintained
|
24 Jul 2025 |
Deutsche Bank
Nicole Deblase
|
$109
|
Hold
Initiated
|
14 Jul 2025 |
Morgan Stanley
Chris Snyder
|
$105
|
Equal-Weight
Maintained
|
8 Jul 2025 |
Financial journalist opinion
Based on 8 articles about OTIS published over the past 30 days