Otis Worldwide (OTIS)

9G Elevator Pte. Ltd. • Alder France Holdings SAS • Alder Holdings SAS • Alder Paris Holdings SAS • Allyn Holdings, Inc. • CEAM Costruzioni Elettromeccaniche Ascensori e Montacarichi Srl • Chestnut Holdings • Cypress Holdings Srl • Highland Holdings • Juniper Holdings ...

IRS number

833789412

OTIS stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$99.50

Low target

$94.00

High target

$105.00

Latest filings (excl ownership)

View all

CERT

Certification of approval for exchange listing

20 Nov 24

8-A12B

Registration of securities on exchange

Prospectus for primary offering

15 Nov 24

8-K

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

14 Nov 24

424B2

Prospectus for primary offering

14 Nov 24

FWP

Free writing prospectus

13 Nov 24

424B2

Prospectus for primary offering

13 Nov 24

FWP

Free writing prospectus

12 Nov 24

424B2

Prospectus for primary offering

12 Nov 24

Transcripts

View all

OTIS

Earnings call transcript

2024 Q3

30 Oct 24

OTIS

Earnings call transcript

2024 Q2

24 Jul 24

OTIS

Earnings call transcript

2024 Q1

24 Apr 24

OTIS

Earnings call transcript

2023 Q4

31 Jan 24

OTIS

Earnings call transcript

2023 Q3

25 Oct 23

OTIS

Earnings call transcript

2023 Q2

26 Jul 23

OTIS

Earnings call transcript

2023 Q2

26 Jul 23

OTIS

Earnings call transcript

2023 Q1

26 Apr 23

OTIS

Earnings call transcript

2022 Q4

2 Feb 23

OTIS

Earnings call transcript

2022 Q3

26 Oct 22

Latest ownership filings

View all

Notice of proposed sale of securities

8 Nov 24

144

Notice of proposed sale of securities

7 Nov 24

Tracy A Embree

4 Nov 24

Viseras Enrique Minarro

Notice of proposed sale of securities

16 Sep 24

Financial summary

Financial statements Chart OTIS financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	832.00 mm	832.00 mm	832.00 mm	832.00 mm	832.00 mm	832.00 mm
Cash burn (monthly)	39.67 mm	67.42 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	110.68 mm	188.10 mm	n/a	n/a	n/a	n/a
Cash remaining	721.32 mm	643.90 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	18.2	9.6	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

OTIS institutional ownership history Ownership history

84.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1159	1156	+0.3%
Opened positions	98	82	+19.5%
Closed positions	95	96	-1.0%
Increased positions	342	381	-10.2%
Reduced positions	472	440	+7.3%

13F shares	Current	Prev Q	Change
Total value	34.87 tn	33.25 tn	+4.9%
Total shares	344.45 mm	353.01 mm	-2.4%
Total puts	817.50 k	436.60 k	+87.2%
Total calls	1.52 mm	1.30 mm	+17.5%
Total put/call ratio	0.5	0.3	+59.4%

Largest owners	Shares	Value	Change
Vanguard	44.85 mm	$4.66 tn	-0.5%
BLK BlackRock	32.52 mm	$3.38 tn	NEW
JPM JPMorgan Chase & Co.	28.07 mm	$2.92 tn	+41.1%
Alliancebernstein	21.54 mm	$2.24 tn	-1.8%
STT State Street	16.08 mm	$1.67 tn	+0.1%
MS Morgan Stanley	11.79 mm	$1.23 tn	-5.2%
Geode Capital Management	11.03 mm	$1.15 tn	+1.4%
Massachusetts Financial Services	8.04 mm	$836.06 bn	-2.5%
BEN Franklin Resources	7.43 mm	$782.38 bn	+60.0%
Fundsmith	6.14 mm	$638.32 bn	+0.0%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	0.00	-34.51 mm	EXIT
BLK BlackRock	32.52 mm	+32.52 mm	NEW
JPM JPMorgan Chase & Co.	28.07 mm	+8.17 mm	+41.1%
Norges Bank	0.00	-7.27 mm	EXIT
Fiera Capital	0.00	-7.02 mm	EXIT
BEN Franklin Resources	7.43 mm	+2.79 mm	+60.0%
Van Eck Associates	2.26 mm	+2.20 mm	+3673.6%
Los Angeles Capital Management & Equity Research	902.51 k	-1.26 mm	-58.2%
Canoe Financial	129.27 k	-889.22 k	-87.3%
Boston Partners	1.29 mm	-721.13 k	-35.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

OTIS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
3 Dec 24	Peiming Zheng	RSU Common Stock	Grant	Acquire A	No	No	0	29,810	0.00	29,810
2 Dec 24	Michael Patrick Ryan	Common Stock	Payment of exercise	Dispose F	No	No	101.8	31	3.16 k	756
2 Dec 24	Michael Patrick Ryan	Common Stock	Option exercise	Acquire M	No	No	101.8	31	3.16 k	787
2 Dec 24	Michael Patrick Ryan	Common Stock	Payment of exercise	Dispose F	No	No	101.8	16	1.63 k	756
2 Dec 24	Michael Patrick Ryan	Common Stock	Option exercise	Acquire M	No	No	101.8	16	1.63 k	772
2 Dec 24	Michael Patrick Ryan	RSU Common Stock	Option exercise	Dispose M	No	No	0	31	0.00	708
2 Dec 24	Michael Patrick Ryan	RSU Common Stock	Option exercise	Dispose M	No	No	0	16	0.00	351
2 Dec 24	Peiming Zheng	Common Stock	Payment of exercise	Dispose F	No	No	101.8	26	2.65 k	15,570
2 Dec 24	Peiming Zheng	Common Stock	Option exercise	Acquire M	No	No	101.8	26	2.65 k	15,596
2 Dec 24	Peiming Zheng	Common Stock	Payment of exercise	Dispose F	No	No	101.8	133	13.54 k	15,570