OTIS - Otis Worldwide Corporation
Otis Worldwide Corporation (NYSE: OTIS - Get Free Report) reached a new 52-week low during mid-day trading on Monday. The company traded as low as $63.58 and last traded at $64.0550, with a volume of 716 shares changing hands. The stock had previously closed at $64.05. Analyst Upgrades and Downgrades A number of research firms have
Otis's elevator service franchise offers durable cash flow, but margins face pressure from costs and China. Shares trade near a 52-week low, putting focus on whether service margins and China demand can recover.
Waste Management spent a decade delivering nearly 300% returns while nobody called it exciting. Four other companies share the same quiet structural advantage, and their customers cannot leave without breaking something.
Otis Worldwide (NYSE: OTIS - Get Free Report) and Symbotic (NASDAQ: SYM - Get Free Report) are both large-cap industrials companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, risk, valuation, analyst recommendations, earnings, dividends and profitability. Volatility and Risk Otis Worldwide has a beta
Otis Worldwide Corporation (OTIS) Presents at Morgan Stanley's 14th Annual Laguna Conference Transcript
Otis Worldwide Corporation (OTIS) is highlighted as the largest global elevator and escalator company, with a recent 14% dip presenting a buying opportunity. I maintain conviction in OTIS, emphasizing its dominant market position and the resilience of its business model. Key investment thesis centers on OTIS's stable cash flows, essential service demand, and long-term growth prospects.
Judy Marks to Retire in 2027 as Board Chair, CEO, and President FARMINGTON, 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.
Trash haulers, elevator servicers, and a fastener distributor sound like the least exciting investments imaginable, yet a handful of these overlooked operators have quietly outpaced the market for a decade while most investors chased flashier names.
FARMINGTON, 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.
Caisse de depot et placement du Quebec acquired a new stake in Otis Worldwide Corporation (NYSE: OTIS) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 7,367 shares of the company's stock, valued at approximately $527,000. Other hedge
Algert Global LLC boosted its stake in shares of Otis Worldwide Corporation (NYSE: OTIS) by 231.5% during the undefined quarter, according to its most recent 13F filing with the SEC. The firm owned 83,789 shares of the company's stock after buying an additional 58,512 shares during the period. Algert Global LLC's holdings in
Allworth Financial LP bought a new position in shares of Otis Worldwide Corporation (NYSE: OTIS) in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 43,593 shares of the company's stock, valued at approximately $3,121,000. Several other institutional investors have also
Otis Worldwide (OTIS) reported earnings 30 days ago. What's next for the stock?
Otis will return to the building to modernize existing elevators and support the next phase of development SHANGHAI, 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.
Aberdeen Group plc raised its stake in shares of Otis Worldwide Corporation (NYSE: OTIS) by 7.0% during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 361,495 shares of the company's stock after purchasing an additional 23,615 shares
Otis is the largest elevator company in the world, operating in 200-plus countries. More than 90% of Otis' profits comes from servicing elevators, which involves maintenance, repairs and modernization.
Entropy Technologies LP lessened its holdings in Otis Worldwide Corporation (NYSE: OTIS) by 62.5% in the undefined quarter, according to its most recent filing with the SEC. The firm owned 31,787 shares of the company's stock after selling 52,880 shares during the period. Entropy Technologies LP's holdings in Otis Worldwide were worth $2,450,000
Otis Worldwide posted mixed Q2 results, beating revenue estimates but cutting full-year 2026 guidance due to persistent headwinds. Despite margin pressure and profit declines, OTIS's service segment remains the primary growth engine, with modernization up 24% and maintenance trends accelerating. Headwinds in China and higher labor and energy costs continue to weigh on New Equipment segment profits and overall margins.
OTIS trades below historical valuation levels after a 19% YTD slide, but guidance cuts and margin pressure keep the investment outlook in focus.
OTIS is relying on Service growth and a rising modernization backlog to counter weak New Equipment demand as China remains a key challenge.