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News · 26 weeks71+57%
2025-10-262026-04-19
Mix5390d
- Insider30(57%)
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Latest news
25 items- SECSEC Form 10-Q filed by Otis Worldwide Corporation10-Q - Otis Worldwide Corp (0001781335) (Filer)
- PROTIS REPORTS FIRST QUARTER 2026 RESULTSOtis delivers net sales growth of 6%, driven by Service with growth in all lines of business, led by repair Net sales up 6% and organic sales up 1%, driven by Service net sales up 11% with organic sales up 5%Repair net sales up 16% with organic repair sales up approximately 10%Modernization orders up 11% at constant currency, backlog up 32%, 30% at constant currencyNew Equipment orders up 1% at constant currency, backlog up 6%, 3% at constant currencyOperating cash flow of $413 million; adjusted free cash flow of $272 millionShare repurchases of approximately $400 millionFARMINGTON, Conn., April 22, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) reported first quarter 2026 net s
- 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 Announces 5 Percent Increase in Quarterly Dividend to $0.44 per ShareFARMINGTON, Conn., April 21, 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, representing a 5% increase. The dividend will be payable on June 12, 2026, to shareholders of record at the close of business on May 15, 2026. "With the continued strength of our Service driven business and the cash flows it generates, this dividend increase underscores our disciplined approach to capital allocation," said Judy Marks, Otis Chair, CEO and President. "Our dividend has increased approximately 120% since our spin in 2020, reflecting our focus on delivering attractive and sustainable returns t
- SECSEC Form DEFA14A filed by Otis Worldwide CorporationDEFA14A - Otis Worldwide Corp (0001781335) (Filer)
- SECSEC Form DEF 14A filed by Otis Worldwide CorporationDEF 14A - Otis Worldwide Corp (0001781335) (Filer)
- PROtis Launches Robust™ Heavy-Duty Elevator Range for Data Centers and Mission-Critical InfrastructureMeets the readiness, scale and reliability demands of today's fast‑growing data center and infrastructure needsEngineered and ready now for facilities that require fast delivery of high capacity and durable elevators available with world-class Otis service, experience and expertiseFARMINGTON, Conn., April 14, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS), the world leader in the manufacture, installation, service and modernization of elevators and escalators, today announced Otis Robust, a new heavy-duty elevator range engineered to meet the growing demand of multi-story data centers and other essential infrastructure, such as airports, hospitals and industrial plants, that op
- ANALYSTEvercore ISI initiated coverage on Otis Worldwide with a new price targetEvercore ISI initiated coverage of Otis Worldwide with a rating of Outperform and set a new price target of $100.00
- PROtis Takes Majority Stake in WeMaintain, Supporting Growth and Innovation in Service TechnologyFARMINGTON, Conn., April 13, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS), the world's leading company for elevator and escalator manufacturing, installation, service and modernization, and WeMaintain today announced that they have closed an agreement under which Otis will acquire a majority stake in WeMaintain, a fast-growing, technology-enabled service company for the elevator and escalator industry. The investment reflects Otis' continued focus on advancing service and service technology to deliver the best possible solutions for customers. "Service is the foun
- ANALYSTOtis Worldwide downgraded by Wolfe ResearchWolfe Research downgraded Otis Worldwide from Outperform to Peer Perform
- PROtis First Quarter 2026 Earnings AdvisoryFARMINGTON, Conn., April 1, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) will host a conference call on Wednesday, April 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 first 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
- SECAmendment: SEC Form SCHEDULE 13G/A filed by Otis Worldwide CorporationSCHEDULE 13G/A - Otis Worldwide Corp (0001781335) (Subject)
- PRUPDATED TIMING: Otis CFO to Speak at J.P. Morgan Industrials ConferenceFARMINGTON, Conn., March 12, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) Executive Vice President and CFO Cristina Méndez will participate in a fireside chat at the Industrials Conference hosted by J.P. Morgan on Wednesday, March 18, 2026 at 1:35 p.m. ET. The presentation will be broadcast live at www.otis.com. This update supersedes a previous release stating a different time for this event.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 w
- PROtis CFO to Speak at J.P. Morgan Industrials ConferenceFARMINGTON, Conn., March 11, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) Executive Vice President and CFO Cristina Méndez will participate in a fireside chat at the Industrials Conference hosted by J.P. Morgan on Wednesday, March 18, 2026 at 2:55 p.m. ET. The presentation 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 in the world's
- PROtis Champions Inclusive Mobility for Aging PopulationsDesigned for older adults, the new Otis Viva™ solutions – for existing and new buildings – promote safe, reliable mobility in support of longer, more independent and active living.CANNES, France, March 10, 2026 /PRNewswire/ -- At MIPIM, the world's largest real estate exhibition, Otis Worldwide Corporation (NYSE:OTIS), the world leader in the manufacture, installation, service and modernization of elevators and escalators, is reinforcing its commitment to intergenerational mobility. As the global population ages, Otis is leading with new accessible, intuitive solutions designed to support evolving mobility needs and help older adults remain independent, active and confident throughout their
- INSIDERSEC Form 4 filed by President, Otis Asia Pacific Lopez Nicolas Eduardo4 - Otis Worldwide Corp (0001781335) (Issuer)
- INSIDERPresident, Otis Greater China Loh Sally converted options into 1,256 shares and covered exercise/tax liability with 264 shares, increasing direct ownership by 2% to 45,507 units (SEC Form 4)4 - Otis Worldwide Corp (0001781335) (Issuer)
- INSIDERNew insider Lopez Nicolas Eduardo claimed ownership of 4,444 shares (SEC Form 3)3 - Otis Worldwide Corp (0001781335) (Issuer)
- PROtis Launches Flexible Elevator Modernization Packages for North AmericaCustomers can carefully choose the scope and pace of elevator modernizationOtis Arise™ MOD solutions align with the latest safety standards, and enhance reliability and efficiency with advanced technologyFARMINGTON, Conn., Feb. 25, 2026 /PRNewswire/ -- There are more than 1 million elevators in use across the U.S. and Canada, including many that are at least 20 years old – posing a risk of operational challenges and frustration for building owners and passengers in the event of an unplanned shutdown. Otis (NYSE:OTIS), the world's leading elevator and escalator manufacturing, ins
- SECSEC Form S-3ASR filed by Otis Worldwide CorporationS-3ASR - Otis Worldwide Corp (0001781335) (Filer)
- INSIDERPresident, Otis Asia Pacific De Montlivault Stephane sold $4,423,059 worth of shares (47,944 units at $92.25), decreasing direct ownership by 62% to 29,176 units (SEC Form 4)4 - Otis Worldwide Corp (0001781335) (Issuer)
- INSIDEREVP, Chief Product, Delivery Zheng Peiming converted options into 3,689 shares and covered exercise/tax liability with 1,624 shares, increasing direct ownership by 10% to 22,455 units (SEC Form 4)4 - Otis Worldwide Corp (0001781335) (Issuer)
- INSIDERSVP, CAO & Controller Ryan Michael Patrick converted options into 693 shares, covered exercise/tax liability with 202 shares and sold $106,445 worth of shares (1,182 units at $90.06), decreasing direct ownership by 16% to 3,504 units (SEC Form 4)4 - Otis Worldwide Corp (0001781335) (Issuer)
- INSIDERPresident, Otis Asia Pacific De Montlivault Stephane converted options into 3,092 shares, increasing direct ownership by 4% to 77,120 units (SEC Form 4)4 - Otis Worldwide Corp (0001781335) (Issuer)
- INSIDERChief Operating Officer Minarro Viseras Enrique covered exercise/tax liability with 1,153 shares and converted options into 2,453 shares, increasing direct ownership by 4% to 32,422 units (SEC Form 4)4 - Otis Worldwide Corp (0001781335) (Issuer)