With 88% Ownership, Otis Worldwide Corporation (NYSE:OTIS) Boasts of Strong Institutional Backing
With 88% Ownership, Otis Worldwide Corporation (NYSE:OTIS) Boasts of Strong Institutional Backing
Key Insights
主要見解
- Significantly high institutional ownership implies Otis Worldwide's stock price is sensitive to their trading actions
- The top 18 shareholders own 50% of the company
- Recent sales by insiders
- 機構持股數量高意味着奧的斯的股價會對他們的交易行爲非常敏感。
- 前18大股東擁有該公司50%的所有權。
- 最近由內部人士出售。
Every investor in Otis Worldwide Corporation (NYSE:OTIS) should be aware of the most powerful shareholder groups. We can see that institutions own the lion's share in the company with 88% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
奧的斯公司(紐交所:OTIS)的每位投資者都應該知道最強大的股東群體。我們可以看到,機構擁有該公司88%的所有權。也就是說,如果股票上漲,這個群體將受益最多(或者如果市場下滑,損失也最多)。
Given the vast amount of money and research capacities at their disposal, institutional ownership tends to carry a lot of weight, especially with individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute.
由於機構擁有大量的資金和研究能力,因此機構所有權往往具有相當的分量,特別是對於個人投資者。因此,機構在一家企業中投資的規模可視爲該企業的一項重要資產。
In the chart below, we zoom in on the different ownership groups of Otis Worldwide.
在下面的圖表中,我們放大了奧的斯的不同所有權群體。
![ownership-breakdown](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240601/0-0d0e76fd5961099afb69a458948e1a39-0-ad6c1c9b097f41e5d5e35327f88db95f.png/big)
What Does The Institutional Ownership Tell Us About Otis Worldwide?
機構所有權告訴我們關於奧的斯的什麼?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
機構投資者通常將自己的回報與常見的指數回報進行比較。因此,他們通常會考慮購買包括在相關基準指數中的較大公司。
Otis Worldwide already has institutions on the share registry. Indeed, they own a respectable stake in the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Otis Worldwide's historic earnings and revenue below, but keep in mind there's always more to the story.
奧的斯的股份登記中已有機構。實際上,他們在公司中擁有可觀的股份。這表明該公司在投資社區中享有一定的信譽。但是,最好要注意不要過度依賴機構投資者帶來的所謂認可。他們也會犯錯。當多個機構擁有股票時,存在他們湧入的風險。當這樣的交易失敗時,多個方將競相快速出售股票。在沒有增長曆史的公司中,這種風險更高。您可以在下面查看奧的斯全體的歷史收益和營業收入,但請記住,事情往往不止於此。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240601/0-0d0e76fd5961099afb69a458948e1a39-1-7b7206be16fad982aac51f0b3ae1599c.png/big)
Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. Otis Worldwide is not owned by hedge funds. The company's largest shareholder is The Vanguard Group, Inc., with ownership of 11%. For context, the second largest shareholder holds about 8.6% of the shares outstanding, followed by an ownership of 5.3% by the third-largest shareholder.
由於機構投資者擁有超過一半的已發行股份,董事會可能需要關注他們的偏好。奧的斯仍未被對沖基金持有。公司最大的股東是The Vanguard Group, Inc.,其持有11%的股份。作爲對比,第二大股東持有約8.6%的流通股,第三大股東持有5.3%的股份。
A closer look at our ownership figures suggests that the top 18 shareholders have a combined ownership of 50% implying that no single shareholder has a majority.
進一步觀察股權數據,前18名股東共持有50%的所有權,這意味着沒有任何一名股東佔據多數。
While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
雖然研究公司的機構所有權可以增加您的研究價值,但研究分析師建議是了解股票預期表現的更深入的做法。相當多的分析師都對該股票進行了研究,因此您可以輕鬆地查看預測增長。
Insider Ownership Of Otis Worldwide
奧的斯全體內部人士持股情況
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
公司內部人員的定義可能是主觀的,並且在不同的司法管轄區之間是不同的。我們的數據反映了個別內部人員,至少捕捉到了董事會成員。公司管理業務,但首席執行官即使是董事會成員也必須向董事會負責。
Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.
當內部人持股情況表明領導層思考和公司真正所有者一樣時,內部所有權是積極的。然而,高達內部人士所有權也可能爲公司內的小團體帶來巨大的權力。在某些情況下,這可能是負面的。
Our most recent data indicates that insiders own less than 1% of Otis Worldwide Corporation. Being so large, we would not expect insiders to own a large proportion of the stock. Collectively, they own US$43m of stock. It is good to see board members owning shares, but it might be worth checking if those insiders have been buying.
我們最近的數據表明,內部人士持有奧的斯的股份不到1%。由於規模如此之大,我們不希望內部人士擁有大量的股份。他們共持有4300萬美元的股票。董事會成員擁有股份是好事,但最好檢查一下這些內部人士是否一直在購買股票。
General Public Ownership
一般大衆所有權
The general public, who are usually individual investors, hold a 12% stake in Otis Worldwide. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.
一般公衆,通常是個人投資者,在奧的斯手中持有12%的股份。即使擁有如此可觀的股權,如果決策與其他大股東不一致,則這種股權可能不足以改變公司政策。
Next Steps:
下一步:
While it is well worth considering the different groups that own a company, there are other factors that are even more important. Take risks for example - Otis Worldwide has 4 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.
儘管考慮擁有公司的不同群體非常值得,但還有其他更重要的因素。例如,風險——奧的斯有 4個警告信號(和1個使我們感到有點不安的因素),我們認爲您應該知道。
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
最終,未來最重要。您可以在這份關於該公司分析師預測的免費報告中獲取有關信息。
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
注:本文中的數據是使用最後一個財務報表日期結束的爲期12個月的數據計算的。這可能與全年年度報告數據不一致。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或電郵 editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。