Deutsche Bank AG Buys New Shares in Otis Worldwide Corporation $OTIS
Deutsche Bank AG has acquired a significant new stake in Otis Worldwide Corporation (NYSE:OTIS), purchasing over 1.7 million shares valued at approximately $123 million. This investment makes Deutsche Bank AG a notable holder of Otis Worldwide stock, owning about 0.45% of the company. The article also details other institutional investors' recent adjustments to their positions in Otis Worldwide and provides an overview of analyst ratings and the company's financial performance.
Diversify Advisory Services LLC Invests $1.19 Million in Otis Worldwide Corporation $OTIS
Diversify Advisory Services LLC recently purchased 16,244 shares of Otis Worldwide Corporation (NYSE:OTIS) valued at approximately $1.19 million, marking a new stake in the company. Otis Worldwide reported second-quarter earnings of $1.01 per share, matching estimates, and revenue increased 7.3% year-over-year to $3.86 billion. The company also declared a quarterly dividend of $0.44 per share, resulting in a 2.4% annualized yield, while analysts have a "Hold" consensus rating with an average price target of $92.91.
31,620,354 Shares in Otis Worldwide Corporation $OTIS Bought by BlackRock Inc.
BlackRock Inc. has acquired a significant new stake in Otis Worldwide Corporation (NYSE:OTIS), purchasing over 31.6 million shares valued at approximately $2.26 billion. This acquisition makes BlackRock Inc. an 8.31% owner of Otis Worldwide. The article also details other recent hedge fund activities, analyst ratings, and the company's recent financial performance and dividend announcement.
Otis Worldwide stock holds below recent highs as institutional buying meets steady earnings
Otis Worldwide stock is trading in the low-$70s, below its 12-month high, despite fresh institutional investment and solid second-quarter earnings. The company reported EPS of $1.01 and revenue of $3.86 billion, with a stable dividend profile, attracting professional money managers who collectively own 88.03% of outstanding shares. Analysts maintain a "Hold" consensus with a price target suggesting modest undervaluation, even as the stock has retreated from earlier highs.
Otis Worldwide Corp. stock rises Wednesday, outperforms market
Otis Worldwide Corp. (OTIS) shares rose by 2.27% to $71.95 on Wednesday, outperforming the broader market as both the S&P 500 Index and the Dow Jones Industrial Average also saw gains. This increase ended a four-day losing streak for the company's stock.
Great Lakes Advisors LLC Acquires New Shares in Otis Worldwide Corporation $OTIS
Great Lakes Advisors LLC has acquired 759,953 new shares in Otis Worldwide Corporation (NYSE:OTIS) for approximately $54.413 million, representing about 0.20% of the company's stock. Other institutional investors also adjusted their holdings in OTIS. The company reported strong Q2 earnings, beating revenue expectations, and declared a quarterly dividend of $0.44 per share.
Plato Investment Management Ltd Makes New Investment in Otis Worldwide Corporation $OTIS
Plato Investment Management Ltd recently acquired a new stake in Otis Worldwide Corporation (NYSE:OTIS), purchasing 19,718 shares valued at approximately $1.404 million. Other institutional investors have also adjusted their holdings in Otis, which reported Q2 earnings matching analyst expectations and announced a quarterly dividend of $0.44 per share. Analyst ratings for OTIS are mixed, with a consensus "Hold" rating and an average target price of $92.91.
5,918,140 Shares in Otis Worldwide Corporation $OTIS Acquired by Mitsubishi UFJ Asset Management Co. Ltd.
Mitsubishi UFJ Asset Management Co. Ltd. has acquired 5,918,140 shares of Otis Worldwide Corporation (NYSE:OTIS) for approximately $423.7 million, representing about 1.55% of the company. Other institutional investors like State Street Corp, Geode Capital Management LLC, and Norges Bank have also significantly increased their stakes in Otis Worldwide. The company recently reported quarterly earnings of $1.01 EPS and $3.86 billion in revenue, with analysts forecasting continued growth.
Alberta Investment Management Corp Buys New Shares in Otis Worldwide Corporation $OTIS
Alberta Investment Management Corp recently acquired 64,200 shares of Otis Worldwide Corporation, valued at approximately $4.597 million, during the second quarter. Other institutional investors have also shown interest, with institutional ownership of Otis Worldwide standing at 88.03%. The company reported earnings of $1.01 per share on revenue of $3.86 billion in its latest quarter and declared a quarterly dividend of $0.44 per share.
Otis Worldwide Corporation (NYSE:OTIS) Given Average Rating of "Hold" by Analysts
Analysts have assigned an average "Hold" rating to Otis Worldwide Corporation (NYSE:OTIS), based on reports from ten brokerages. The company recently met EPS estimates and surpassed revenue expectations, with revenue increasing 7.3% year over year. Otis also declared a quarterly dividend of $0.44, equivalent to a 2.5% annual yield.
TWIN CITY PRIVATE WEALTH, LLC's Otis Worldwide Corp(OTIS) Holding History
TWIN CITY PRIVATE WEALTH, LLC holds 16,670 shares of Otis Worldwide Corp (OTIS), valued at $1.19 million, representing 0.84% of their portfolio. The firm's initial purchase occurred in Q2 2026 at an average price of $74.73 per share. Based on current prices, their estimated gain on OTIS holdings is a loss of $50,176.70, or -4.03%.
Otis Worldwide stock steadies as Tianjin 117 Tower contract highlights growth and value
Otis Worldwide's stock is stabilizing in the low-$70s, bolstered by a significant contract to equip China's Tianjin 117 Tower with 251 elevators and escalators. Analysts project a nearly 28% upside to the stock, with an average 12-month price target of $92.91. The company also offers a 2.37% dividend yield and is trading at a P/E ratio of 18.67, which is near its 10-year low, suggesting a moderate valuation.
A Hoistway More Than 597 Meters Long Is Coming to China—Who Will Supply It?
Otis has been selected as the sole provider of vertical transportation solutions for the Tianjin 117 Tower in China, a nearly 600-meter supertall building. The company will supply and modernize 251 elevators and escalators, including record-setting SkyRise elevators with hoistways over 597 meters and speeds up to 12 meters per second. This project highlights Otis's expertise in high-rise mobility and its commitment to China's urban development.
GSA Capital Partners LLP Takes Position in Otis Worldwide Corporation $OTIS
GSA Capital Partners LLP has acquired a new stake of 23,423 shares in Otis Worldwide Corporation, valued at approximately $1,677,000, during the second quarter. Other institutional investors have also adjusted their positions, with 88.03% of the stock now owned by hedge funds. Despite some positive sentiment from Zacks Research forecasting earnings growth, there have been recent negative adjustments to EPS forecasts by Zacks, indicating weaker expected profitability.
20,308 Shares in Otis Worldwide Corporation $OTIS Purchased by Oppenheimer Asset Management Inc.
Oppenheimer Asset Management Inc. recently acquired 20,308 shares of Otis Worldwide Corporation (NYSE:OTIS) for approximately $1.45 million. Institutional investors and hedge funds collectively own 88.03% of the company, which maintains a consensus "Hold" rating from analysts with an average price target of $92.91, despite recent target reductions. Otis Worldwide reported quarterly revenue of $3.86 billion, earnings of $1.01 per share, and declared a quarterly dividend of $0.44 per share.
Otis Worldwide Corp. stock falls Monday, underperforms market
Shares of Otis Worldwide Corp. (OTIS) fell 2.85% on Monday, closing at $70.56, and underperformed the broader market, which also saw declines. This marked the third consecutive day of losses for the stock. The S&P 500 Index and Dow Jones Industrial Average both experienced drops of 0.52% and 0.51%, respectively.
Mill Capital Management LLC Takes Position in Otis Worldwide Corporation $OTIS
Mill Capital Management LLC recently acquired 144,579 shares of Otis Worldwide Corporation, valued at approximately $10.35 million, increasing institutional ownership to 88.03%. Despite some analyst price target cuts and reduced EPS forecasts from Zacks, Otis reported strong quarterly revenue and maintained its fiscal 2026 EPS guidance. The company currently holds a consensus "Hold" rating with an average target price of $92.91, and also recently declared a quarterly dividend of $0.44 per share.
94,550 Shares in Otis Worldwide Corporation $OTIS Purchased by Levin Capital Strategies L.P.
Levin Capital Strategies L.P. has acquired a new stake of 94,550 shares in Otis Worldwide Corporation (NYSE:OTIS), valued at approximately $6.77 million, during the second quarter. Other institutional investors like Ascent Wealth Partners LLC, Aberdeen Group plc, and Daiwa Securities Group Inc. also increased their holdings in Otis Worldwide. The company's stock currently has an average rating of "Hold" from analysts, with a consensus price target of $92.91.
Markel Group Inc. Raises Stock Holdings in Otis Worldwide Corporation $OTIS
Markel Group Inc. increased its stake in Otis Worldwide Corporation (NYSE:OTIS) by 16.6% in the second quarter, bringing its total holdings to 133,620 shares valued at $9,567,000. This comes as Wall Street analysts have issued mixed ratings on Otis, with an average "Hold" rating and a target price of $92.91, despite some recent earnings forecast reductions. The company also declared a quarterly dividend of $0.44 per share, payable on September 11th.
Chicago Partners Investment Group LLC Purchases New Stake in Otis Worldwide Corporation $OTIS
Chicago Partners Investment Group LLC has acquired a new stake of 13,810 shares in Otis Worldwide Corporation, valued at approximately $977,000 during the second quarter. Other institutional investors also adjusted their positions in the company. Otis Worldwide reported Q2 revenue of $3.86 billion and adjusted earnings of $1.01 per share, matching analyst expectations, and maintained its fiscal 2026 EPS guidance.
Carnegie Investment Counsel Has $7 Million Stock Holdings in Otis Worldwide Corporation $OTIS
Carnegie Investment Counsel significantly reduced its stake in Otis Worldwide Corporation (OTIS) by 58.1% in the second quarter, now holding 97,780 shares valued at approximately $7 million. Despite this, analyst sentiment remains mixed with a consensus "Hold" rating and a target price of $92.91. The company recently reported quarterly EPS in line with estimates and revenue exceeding forecasts, while also declaring a quarterly dividend of $0.44 per share.
Assetmark Inc. Has $11.79 Million Position in Otis Worldwide Corporation $OTIS
Assetmark Inc. significantly increased its stake in Otis Worldwide Corporation (NYSE:OTIS) by 1,758.9% in the second quarter, bringing its total holdings to $11.79 million. Despite some recent analyst forecast reductions for future earnings per share, the company still projects earnings growth, and several other institutional investors have also modified their holdings. Otis Worldwide recently announced a quarterly dividend of $0.44 per share, with an annualized yield of 2.4%.
Otis Worldwide Stock: Analyst Estimates & Ratings
Otis Worldwide (OTIS), a global leader in elevators and escalators, has seen its stock underperform the broader market, declining 18.2% over the past 52 weeks and 16.4% YTD. The company recently cut its full-year adjusted EPS forecast due to higher costs and weak new-equipment demand, particularly in China. Despite this, analysts maintain a "Moderate Buy" rating with a mean price target suggesting an 18.8% upside.
iA Global Asset Management Inc. Takes Position in Otis Worldwide Corporation $OTIS
iA Global Asset Management Inc. has acquired a new stake in Otis Worldwide Corporation, purchasing 44,545 shares valued at approximately $3.19 million. Despite this new investment and other institutional activity, analysts maintain a "Hold" rating with an average price target of $92.91, following recent target reductions and lowered EPS estimates from Zacks. Otis reported strong Q2 earnings with $1.01 EPS and $3.86 billion in revenue, also declaring a quarterly dividend of $0.44 per share.
Marks Group Wealth Management Inc Invests $1.37 Million in Otis Worldwide Corporation $OTIS
Marks Group Wealth Management Inc. recently acquired 19,089 shares of Otis Worldwide Corporation (NYSE:OTIS) valued at approximately $1.37 million. This investment comes as Otis Worldwide reported in-line quarterly EPS of $1.01 and a 7.3% year-over-year revenue increase to $3.86 billion, while reaffirming its fiscal 2026 EPS guidance. Analyst sentiment remains mixed with a "Hold" rating, and Zacks has lowered its earnings estimates for the company through fiscal 2028.
Erste Asset Management GmbH Raises Stock Holdings in Otis Worldwide Corporation $OTIS
Erste Asset Management GmbH significantly increased its stake in Otis Worldwide Corporation (NYSE:OTIS) by 88.8% in Q2, bringing its total holdings to 337,299 shares valued at approximately $24.5 million. This comes as institutional investors collectively own 88.03% of the company. Despite some lowered EPS estimates from analysts, the company reported solid quarterly earnings of $1.01 per share and $3.86 billion in revenue, along with a quarterly dividend of $0.44 per share.
Otis Worldwide Corporation $OTIS Shares Acquired by Banco Santander S.A.
Banco Santander S.A. significantly increased its holdings in Otis Worldwide Corporation (NYSE:OTIS) by 1,153.2% in the second quarter, acquiring 97,778 shares, bringing their total stake to approximately $7.6 million. Despite some institutional investors adjusting their positions, overall institutional ownership remains high at 88.03%. Otis reported strong quarterly earnings, matching EPS estimates and exceeding revenue forecasts, while also reaffirming its fiscal 2026 EPS guidance and declaring a quarterly dividend.
Otis Worldwide Corp. stock falls Thursday, underperforms market
Shares of Otis Worldwide Corp. fell 1.27% on Thursday, closing at $73.03, despite an overall positive trading session for the broader market. The S&P 500 Index and Dow Jones Industrial Average both saw gains. This decline broke a two-day winning streak for the stock.
Otis Worldwide Corp. stock rises Wednesday, outperforms market
Otis Worldwide Corp. (OTIS) saw its stock increase by 1.27% on Wednesday, closing at $73.97. This performance outpaced the broader market, as the S&P 500 Index rose by 0.26% and the Dow Jones Industrial Average fell by 0.04%. This marks the second consecutive day of gains for Otis Worldwide Corp.
Assenagon Asset Management S.A. Cuts Stock Holdings in Otis Worldwide Corporation $OTIS
Assenagon Asset Management S.A. significantly reduced its stake in Otis Worldwide Corporation by 57.6% in the second quarter, selling 245,138 shares and retaining 180,205 shares valued at $12.9 million. Despite this,
Otis Worldwide Corp. stock falls Monday, underperforms market
Shares of Otis Worldwide Corp. (OTIS) fell 1.51% on Monday to $72.87, underperforming the broader market as both the S&P 500 and Dow Jones Industrial Average also experienced declines. This drop broke a two-day winning streak for the stock.
Otis Worldwide Corporation Stock 12‑Month Price Target Cut to $88, Implies 19% Upside
Otis Worldwide Corporation's average 12-month price target has been lowered by analysts from $89.18 to $88, with forecasts ranging from $75 to $107 per share. Based on the August 7th closing price, this updated target suggests a potential upside of approximately 19%. The consensus rating for OTIS remains a "Buy" among 17 covering analysts.
Is Dividend Commitment And IR Shake-Up Altering The Investment Case For FTAI Aviation (FTAI)?
FTAI Aviation Ltd. reported strong second-quarter 2026 revenues of US$953.09 million and declared ordinary and preferred cash dividends, reinforcing its commitment to shareholder returns. The company also announced a change in its investor relations leadership, with Charlie Arestia appointed as Principal, indicating a fresh approach to market communication. These developments underscore FTAI's strategy of balancing growth initiatives, particularly in its Maintenance, Repair and Exchange model, with consistent shareholder payouts, despite its reliance on legacy engine platforms.
Pioneer Power Solutions Inc (PPSI) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for Pioneer Power Solutions Inc (PPSI), highlighting its current earnings forecast score of 8.00 and ranking in the industry. It details analyst ratings, price targets, expected revenue, and EPS for upcoming quarters, with most analysts supporting a "Buy" trend. The article also includes a peer comparison and answers frequently asked questions regarding the company's financial outlook.
Otis Worldwide Corp (OTIS) Earnings Forecast: Future EPS & Revenue Growth Estimates
The article provides an earnings forecast for Otis Worldwide Corp (OTIS), highlighting its current earnings forecast score, analyst ratings, and price targets. Based on 16 analysts, the average price target is $102.00, with a consensus toward a "Buy" trend. Key financial expectations include an anticipated next quarter revenue of $3.84 billion and an EPS of $1.00.
Otis Worldwide Corp (OTIS) Stock News Today
This page provides current stock information for Otis Worldwide Corp (OTIS), including its latest price, market capitalization, and P/E ratio. It indicates that more news will be added soon, and serves as a hub for financial data and analysis related to OTIS. The page also offers various investment tools and resources.
Carrier Global Corporation (CARR) stock price, news, quote and history
This page provides a comprehensive overview of Carrier Global Corporation (CARR), including its current stock price, recent news, historical data, and company profile. It details financial performance, analyst insights, and key statistics, comparing CARR with similar companies in the Building Products & Equipment industry. The information aims to help investors assess the company's financial health and market position.
Sarasin & Partners LLP Reduces Stock Holdings in Otis Worldwide Corporation $OTIS
Sarasin & Partners LLP significantly reduced its stake in Otis Worldwide Corporation (NYSE:OTIS) by 94.5% in the second quarter, selling 516,392 shares and retaining 29,891 shares valued at approximately $2.14 million. Despite this, other institutional investors have increased their holdings, and Otis Worldwide reported strong quarterly revenue of $3.86 billion, exceeding analyst estimates, with a consensus "Hold" rating from analysts and an average price target of $94.09. The company also declared a quarterly dividend of $0.44 per share, resulting in a 2.4% annualized yield.
Stance Equity ESG Large Cap Core ETF's Otis Worldwide Corp(OTIS) Holding History
This article details the historical holdings of Otis Worldwide Corp (OTIS) by the Stance Equity ESG Large Cap Core ETF. As of November 30, 2022, the ETF held 21,311 shares of OTIS, valued at $1.66 million, representing 3.67% of its portfolio. The article also provides a summary of the ETF's past transactions in OTIS, including purchases and sales, and estimates a current gain of 1.23% on its holdings.
36,663 Shares in Otis Worldwide Corporation $OTIS Acquired by Canandaigua National Bank & Trust Co.
Canandaigua National Bank & Trust Co. acquired 36,663 shares of Otis Worldwide Corporation (NYSE:OTIS) in the second quarter, valued at approximately $2.625 million, as institutional investors collectively own 88.03% of the company. Analysts maintain a "Hold" rating for Otis Worldwide, with an average price target of $94.09 against a recent stock price of $73.68. The company recently reported quarterly earnings of $1.01 per share and revenue of $3.86 billion, exceeding revenue expectations, and declared a quarterly dividend of $0.44 per share, resulting in a 2.4% annual yield.
Otis Worldwide Corp (NYSE: OTIS) director adds 291 deferred stock units
Otis Worldwide Corp (NYSE: OTIS) director Christopher J. Kearney was granted 290.899 deferred stock units (DSUs) on August 3, 2026, as part of his annual retainer for serving as Lead Director. These DSUs will convert into common stock upon his retirement or termination, with distribution based on his prior election. Following this award, Kearney now holds a total of 19,940.825 DSUs.
Otis Worldwide Corp. stock rises Tuesday, outperforms market
Shares of Otis Worldwide Corp. (OTIS) rallied 2.01% on Tuesday, closing at $73.64. This performance outpaced the broader market, as the S&P 500 Index and the Dow Jones Industrial Average also saw significant gains. This marks the third consecutive day of gains for the stock.
OTIS Price History for Otis Worldwide Corp Stock
This Barchart article provides a detailed price history for Otis Worldwide Corp (OTIS) stock. It includes daily price data, information on corporate actions like splits and dividends, and insights into new highs and lows over various periods, along with 52-week key points and Fibonacci levels. The article also describes the features available to Barchart members for accessing and downloading historical market data.
Otis Worldwide Corporation Revenue Breakdown – NYSE:OTIS
Otis Worldwide Corporation's revenue for the last year reached $14.43 billion USD, with its Service segment being the top performer, generating $9.44 billion USD. Geographically, the "Other" region was the largest contributor, accounting for $8.59 billion USD. This report highlights the company's key revenue streams and regional contributions for the past year.
OTIS5046495 Bond Profile — Key Metrics
This article provides a detailed profile of the OTIS5046495 bond issued by Otis Worldwide Corporation. Key metrics include a 2.565% coupon rate, a maturity date of February 15, 2030, and an outstanding amount of $1.49 billion USD. The bond has a face value of $1,000.00 and a minimum denomination of $2,000.00.
OTIS5938810 Bond Profile — Key Metrics
This article provides a bond profile for OTIS5938810, detailing key metrics for Otis Worldwide Corporation's 5.125% bond maturing on November 19, 2031. It includes issuer information, issue and maturity dates, outstanding amount, face value, coupon rate, and a brief description of Otis Worldwide's business segments. The profile highlights that Otis is engaged in the manufacture, installation, and servicing of elevators and escalators.
Otis Worldwide Corp (OTIS) Institutional Confidence
Otis Worldwide Corp (OTIS) has a high institutional confidence score of 10.00, ranking first in its industry. Institutional shareholding stands at 94.28%, showing a quarter-over-quarter increase. ETHSX is the largest institutional shareholder, with other major holders including BlackRock and State Street.
Otis Worldwide Corp. stock falls Thursday, underperforms market
Shares of Otis Worldwide Corp. (OTIS) fell 2.28% on Thursday, closing at $71.69. This decline occurred despite a positive trading session for the broader market, with the S&P 500 Index and Dow Jones Industrial Average both rising. This marks the second consecutive day of losses for Otis Worldwide Corp. stock.
Otis Worldwide Corp (OTIS) Financial Health: Profitability & Balance Sheet Analysis
This article provides a financial health analysis of Otis Worldwide Corp (OTIS), indicating a current financial score of 6.45, ranking it 138 out of 180 in its industry, with a weak financial status and average operating efficiency. The company's latest quarterly revenue saw a 7.34% year-over-year increase, and its net profit increased by 8.91% year-over-year. Key metrics for Quality of Earnings, Operational Efficiency, Growth Potential, and Shareholder Returns are also presented.
Otis Worldwide Corp (OTIS) Technical Analysis: Support, Resistance, Indicators & Moving Averages
The article provides a technical analysis of Otis Worldwide Corp (OTIS), focusing on its price momentum, support and resistance levels, and various technical indicators. It notes that the stock is currently trading between a resistance level of 76.43 and a support level of 69.78, suggesting it's suitable for range-bound swing trading. The analysis includes detailed breakdowns of indicators like MACD, RSI, and moving averages, offering "Buy," "Sell," or "Neutral" signals for each.
