Otis WorldwideOTIS
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 Q1 regulatory disclosures by fund managers ($100M+ AUM)
299% more call options, than puts
Call options by funds: $63.6M | Put options by funds: $15.9M
33% more first-time investments, than exits
New positions opened: 128 | Existing positions closed: 96
17% more funds holding in top 10
Funds holding in top 10: 6 [Q4 2024] → 7 (+1) [Q1 2025]
7% more capital invested
Capital invested by funds: $33.5B [Q4 2024] → $35.9B (+$2.4B) [Q1 2025]
1% more funds holding
Funds holding: 1,208 [Q4 2024] → 1,217 (+9) [Q1 2025]
2.77% less ownership
Funds ownership: 90.69% [Q4 2024] → 87.93% (-2.77%) [Q1 2025]
16% less repeat investments, than reductions
Existing positions increased: 390 | Existing positions reduced: 463
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
RBC Capital Nick Housden | 20%upside $105 | Outperform Maintained | 28 Jul 2025 |
JP Morgan Stephen Tusa | 16%upside $101 | Overweight Maintained | 24 Jul 2025 |
Wells Fargo Joseph O'Dea | 7%upside $93 | Equal-Weight Maintained | 24 Jul 2025 |
Barclays Julian Mitchell | 3%upside $90 | Underweight Maintained | 24 Jul 2025 |
Deutsche Bank Nicole Deblase | 25%upside $109 | Hold Initiated | 14 Jul 2025 |
Financial journalist opinion
Based on 17 articles about OTIS published over the past 30 days
