OTIS WORLDWIDE CORPORATION
In the published model solve dated 2026-Q2, anchored at $73.12, OTIS WORLDWIDE CORPORATION (OTIS) is priced for -1.1% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed August 8, 2026 from SEC EDGAR filings.
• Otis maintains about 2.5 million elevators and escalators, and that book, not the machine sale, is where the money is: in the June quarter the Service segment earned 599 million dollars of segment operating profit against 40 million from New Equipment [Source: Q2 2026 earnings release, July 22, 2026]. • The equipment side is where the damage is visible. New Equipment orders fell 5% at constant currency in that quarter, held down by a decline of more than 20% across Asia Pacific and a high-teen
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1,201 institutional managers reported holding OTIS in 13F filings for the quarter ended 2026-03-31. Together they hold about 87% of the company; the top 10 hold 42%. 84 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 14.7M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (4.4 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
OTIS has cut its share count 9.3% over the past five years, spending $4.10B on repurchases. It pays a dividend, and has paid one every year in our records (6 and counting), raised 5 years straight; the current rate is $1.65 a share annually. Cash returned over the past three years: $1.69B in dividends and $2.68B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at OTIS over the trailing three years. Absence is a fact about the company, not a signal. 15 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
OTIS's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-07-28 | +2.4% | -10.8% |
| 2023-10-27 | -2.3% | +17.5% |
| 2024-02-03 | -0.5% | +7.5% |
| 2024-04-26 | -4.6% | +4.4% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
OTIS's latest 8-K filings: 2026-07-22 (items 2.02, 9.01); 2026-05-29 (items 5.07); 2026-05-07 (items 8.01, 9.01); 2026-04-22 (items 2.02, 9.01); 2026-01-28 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: August 8, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.