Price$71.36+0.28 (+0.40%)
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News · 26 weeks39-60%
2026-04-192026-10-11
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Latest news
25 items- PROtis Third Quarter 2026 Earnings AdvisoryFARMINGTON, Conn., Oct. 7, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) will host a conference call on Wednesday, October 28, 2026, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's third quarter results and 2026 outlook.We encourage you to join through our webcast link. A corresponding presentation and news release will be available on www.otis.com prior to the call and a recording will be available on the website later in the day. If you are unable to join via the webcast, please contact Otis investor relations (investorrelations@otis.com) for alternative dial-in information. Additional inves
- ANALYSTWells Fargo initiated coverage on Otis Worldwide with a new price targetWells Fargo initiated coverage of Otis Worldwide with a rating of Underweight and set a new price target of $77.00
- SECOtis Worldwide Corporation filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits8-K - Otis Worldwide Corp (0001781335) (Filer)
- PROtis Implements Long-Standing CEO Succession PlanJudy Marks to Retire in 2027 as Board Chair, CEO, and PresidentFARMINGTON, Conn., Sept. 15, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS), the world's leading elevator and escalator manufacturing, installation, service and modernization company, today announced that Judy Marks will retire as Chair, Chief Executive Officer and President upon the appointment of her successor, which is expected in the first half of 2027. The Otis Board of Directors has initiated a comprehensive search to identify the Company's next CEO with the support of Spencer Stuart. The search will consider both internal and external candidates
- INSIDEREVP & CPO Gosk Kimberly Shannon converted options into 933 shares and covered exercise/tax liability with 274 shares, increasing direct ownership by 9% to 8,112 units (SEC Form 4)4 - Otis Worldwide Corp (0001781335) (Issuer)
- PROtis CEO to Speak at Morgan Stanley ConferenceFARMINGTON, Conn., Sept. 1, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) Chair, CEO & President Judy Marks will participate in a fireside chat at the 14th annual Laguna conference hosted by Morgan Stanley on Thursday, September 17, 2026, at 12:20 p.m. PT (3:20 p.m. ET). The fireside chat will be broadcast live at www.otis.com. About OtisOtis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5 million customer units worldwide – the industry's largest Service portfolio. You'll find us
- INSIDEREVP & CFO Mendez Echevarria Maria Cristina converted options into 2,137 shares and covered exercise/tax liability with 838 shares, increasing direct ownership by 14% to 10,556 units (SEC Form 4)4 - Otis Worldwide Corp (0001781335) (Issuer)
- PROtis to Provide More Than 250 Elevators and Escalators to Tianjin 117 Tower, China's New Supertall LandmarkOtis will return to the building to modernize existing elevators and support the next phase of developmentSHANGHAI, Aug. 17, 2026 /PRNewswire/ -- Otis has been selected once again to provide advanced modernization and vertical transportation solutions for Tianjin 117 Tower, a nearly 600-meter supertall landmark. It is the tallest building currently under construction in China and when complete, it will be China's third-tallest building, and host China's highest occupied floor at more than 584 meters1. Otis will provide 251 elevators and escalators across the tower, helping raise China's urban skyline to new heights. Otis (NYSE:OTIS) is the world's leading elevator and escalator manufacturing
- INSIDERSEC Form 4 filed by Director Kearney Christopher J4 - Otis Worldwide Corp (0001781335) (Issuer)
- PROtis Declares Quarterly Dividend of $0.44 per ShareFARMINGTON, Conn., July 23, 2026 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE:OTIS) Board of Directors today declared a quarterly dividend of $0.44 per share of Otis' common stock. The dividend will be payable on September 11, 2026, to shareholders of record at the close of business on August 14, 2026. About OtisOtis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5 million customer units worldwide – the industry's largest Service portfolio. You'll find us in the world's most iconic stru
- SECSEC Form 10-Q filed by Otis Worldwide Corporation10-Q - Otis Worldwide Corp (0001781335) (Filer)
- PROTIS REPORTS SECOND QUARTER 2026 RESULTSOtis delivers organic Service sales growth of 9% matching the highest level since spin with strong double-digit growth in modernization and repair and accelerating maintenance trendsSecond quarter 2026Net sales up 7% and organic sales up 6%, driven by Service net sales up 11% with organic sales up 9%, and New Equipment net sales flat with organic sales down (1)%, improving sequentiallyGAAP operating profit up $28 million and adjusted operating profit down $25 millionModernization orders up 9% at constant currency, backlog up 24%, 26% at constant currencyOperating cash flow of $267 million; adjusted free cash flow of $290 millionShare repurchases of approximately $400 millionFirst half 2026Ne
- SECOtis Worldwide Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits8-K - Otis Worldwide Corp (0001781335) (Filer)
- PROtis Brazil Completes Elevator Modernization at Christ the Redeemer; Begins Installing New Escalators, Inclined Elevators to Improve Accessibility to Monument22 years after installation, the Otis elevators and escalators at the monument are being upgraded to enhance performance and accessibility for all visitors, particularly people with limited mobility.RIO DE JANEIRO, July 2, 2026 /PRNewswire/ -- Otis Brazil, part of Otis Worldwide Corporation (NYSE:OTIS), the world's leading elevator and escalator manufacturing, installation, service and modernization company, has completed comprehensive technical upgrades to the three elevators that connect visitors who access Alto Corcovado through the Corcovado Train to see Christ the Redeemer, a monument located in the Tijuca National Park, in Rio de Janeiro.
- PROtis Second Quarter 2026 Earnings AdvisoryFARMINGTON, Conn., July 1, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) will host a conference call on Wednesday, July 22, 2026, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's second quarter results and 2026 outlook. We encourage you to join through our webcast link. A corresponding presentation and news release will be available on www.otis.com prior to the call and a recording will be available on the website later in the day. If you are unable to join via the webcast, please
- PROtis introduces Gen3™ elevator modernisation solutions in EMEAEnables building owners to improve the safety and reliability of their elevators and provide better passenger experience.Suitable for elevators already equipped with belts; and offers options to transition rope-based systems to coated steel belt-based systems.GENEVA, June 30, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS), the global leader in the manufacture, installation, service and modernisation of elevators and escalators, today announced the introduction of Otis Gen3 MOD solutions in Europe, the Middle East and Africa (EMEA). Otis Gen3 MOD solutions are already available in the U.S., Canada and Asia.
- ANALYSTBernstein initiated coverage on Otis Worldwide with a new price targetBernstein initiated coverage of Otis Worldwide with a rating of Outperform and set a new price target of $97.00
- INSIDERPresident, Otis Americas Armas Joseph Jay converted options into 1,680 shares and covered exercise/tax liability with 421 shares, increasing direct ownership by 73% to 2,990 units (SEC Form 4)4 - Otis Worldwide Corp (0001781335) (Issuer)
- INSIDERSEC Form 4 filed by Director Kearney Christopher J4 - Otis Worldwide Corp (0001781335) (Issuer)
- INSIDERSEC Form 4 filed by Director Bartlett Thomas A4 - Otis Worldwide Corp (0001781335) (Issuer)
- INSIDERSEC Form 4 filed by Director Stewart Shelley Jr4 - Otis Worldwide Corp (0001781335) (Issuer)
- INSIDERSEC Form 4 filed by Director Walker John H4 - Otis Worldwide Corp (0001781335) (Issuer)
- INSIDERSEC Form 4 filed by Director Preston Margaret M V4 - Otis Worldwide Corp (0001781335) (Issuer)
- SECOtis Worldwide Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders8-K - Otis Worldwide Corp (0001781335) (Filer)
- INSIDERSEC Form 4 filed by Director Hannan Kathy Hopinkah4 - Otis Worldwide Corp (0001781335) (Issuer)
OTIS FAQ
8 questionsWhat does Otis Worldwide Corporation do?
Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company operates through two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. The company was founded in 1853...Where does OTIS stock trade?
Otis Worldwide Corporation (OTIS) is listed on NYSE.What sector and industry is OTIS in?
Otis Worldwide Corporation operates in the Technology sector, Consumer Electronics/Appliances industry.When did Otis Worldwide Corporation go public?
Otis Worldwide Corporation (OTIS) completed its IPO in 2020.Does OTIS pay a dividend?
OTIS's most recent ex-dividend date was 2026-08-14 with a cash dividend of $0.44 per share. No future ex-date is on file yet.What are analysts saying about OTIS?
Otis Worldwide Corporation has had 8 recent analyst actions on file. The most recent action was from Wells Fargo: Underweight on 2026-09-25.What companies are similar to OTIS?
Notable peers in the same industry include GE (GE Aerospace), SONY (Sony Group Corporation), EMR (Emerson Electric Company), SN (SharkNinja Inc.), AOS (A.O. Smith Corporation). Compare OTIS side-by-side with any of them on Quantisnow.How can I track OTIS on Quantisnow?
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