Otis Worldwide stock closes at USD 64.05 as CEO transition takes shape
Otis Worldwide stock closed at USD 64.05 on October 2, 2026, as investors considered a planned CEO transition alongside the company's strong service business performance. CEO Judy Marks is set to retire by the first half of 2027, with a search for her successor underway. The company reported Q2 2026 revenue of USD 3.9 billion, driven by 9% growth in service organic sales, despite a decline in adjusted operating margin.
Simply Wall St cuts fair value for Otis Worldwide stock to USD 73
Simply Wall St has reduced its fair value estimate for Otis Worldwide stock from USD 75.00 to USD 73.00, citing increased valuation caution among analysts. This adjustment comes as Otis reported strong second-quarter revenue driven by its Service business, offsetting weakness in New Equipment sales, particularly in China and Europe. The company is also undergoing a CEO succession process, with Judy Marks planning to retire by mid-2027, adding another layer of operational focus for investors.
OTIS6165875 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the OTIS6165875 corporate bond issued by Otis Worldwide Corporation. It covers key facts such as the issuer, issue and maturity dates, face value, and minimum denomination. The profile also includes information on the bond's coupon payments, redemption schedule, and the company's business segments.
Otis Worldwide stock after-hours at EUR 57.35: plus 1.13 percent versus prior close
Otis Worldwide stock traded at EUR 57.35 in after-hours trading on October 1, 2026, marking a 1.13 percent increase from its prior close of EUR 56.71. The company also announced a CEO succession plan, with current Chair and CEO Judy Marks set to retire upon the appointment of her successor, expected in the first half of 2027. Marks will remain in her roles through July 31, 2027, or as a senior advisor if a successor is appointed sooner.
OTIS4954566 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the Otis Worldwide Corporation 3.362% 15-FEB-2050 bond, OTIS4954566. It covers key facts about the bond and its issuer, Otis Worldwide Corp., including issue and maturity dates, face value, and minimum denomination. The profile also details the coupon payment schedule, outlining upcoming payouts and interest rates for the semi-annual fixed-rate bond.
Otis Worldwide Corp stock hits 52-week low at 65.06 USD
Otis Worldwide Corp (OTIS) stock has dropped to a 52-week low of $65.06, nearly 31% below its 52-week high, despite InvestingPro suggesting it's undervalued. The company, valued at $24.85 billion, has seen a 29.23% decline over the past year. Otis reported Q2 revenue of $3.9 billion, exceeding expectations, but cut its full-year profit outlook and announced CEO Judy Marks will step down by July 2027.
Otis Worldwide Corp stock hits 52-week low at 65.06 USD
Otis Worldwide Corp (OTIS) stock has dropped to a 52-week low of $65.06, nearly 31% below its high, despite InvestingPro analysis suggesting it is undervalued. The company reported Q2 revenue above expectations but cut its full-year profit outlook and announced a CEO transition. Bernstein SocGen Group reiterated an Outperform rating with a $90.00 price target.
Otis Worldwide Corp stock hits 52-week low at 65.06 USD
Otis Worldwide Corp (OTIS) has seen its stock hit a 52-week low of $65.06, trading nearly 31% below its 52-week high, despite InvestingPro analysis suggesting it is undervalued. The company reported better-than-expected Q2 revenue but cut its full-year profit outlook and announced a CEO transition, contributing to investor uncertainty. Bernstein SocGen Group, however, maintained an Outperform rating with a $90 price target.
Otis Worldwide Corp stock hits 52-week low at 65.06 USD
Otis Worldwide Corp (OTIS) stock has dropped to a 52-week low of $65.06, trading nearly 31% below its high despite being considered undervalued by InvestingPro analysis. The company has experienced a 29.23% decline over the past year, reflecting market challenges, but maintains a 2.68% dividend yield and has consistently raised dividends. Recent developments include a Q2 revenue beat but a lowered full-year profit outlook, a leadership transition announcement, and an Outperform rating with a $90.00 price target from Bernstein SocGen Group.
Otis Worldwide Corp stock hits 52-week low at 65.06 USD By Investing.com
Otis Worldwide Corp (NYSE: OTIS) stock has dropped to a 52-week low of $65.06, nearly 31% below its high, reflecting market challenges despite InvestingPro suggesting it's undervalued. The company reported a Q2 revenue beat but cut its full-year profit outlook and announced a CEO transition. Bernstein SocGen Group maintained an Outperform rating with a $90.00 price target.
Otis Worldwide stock trades at EUR 57.79 after Wells Fargo starts coverage
Wells Fargo has initiated coverage on Otis Worldwide (OTIS) with an "Underweight" rating and a target price of USD 77.00. The stock was trading at EUR 57.79 on September 30, 2026, down 0.33% from its prior close. The company reported strong Q2 2026 net sales of USD 3.86 billion, driven by an 11% increase in service net sales, while maintaining its fiscal 2026 adjusted EPS guidance.
Deutsche Bank Adjusts Price Target on Otis Worldwide to $80 From $84, Keeps Hold Rating
Deutsche Bank has lowered its price target for Otis Worldwide (NYSE: OTIS) to $80 from $84, while maintaining a Hold rating on the stock. This adjustment comes amidst other recent analyst actions and company news, including the upcoming retirement of CEO Judy Marks in the first half of 2027. Otis Worldwide specializes in manufacturing, installing, and maintaining elevators, escalators, and conveyors, with maintenance and repair services making up the majority of its net sales.
Otis Worldwide stock hits a 52-week low as CEO transition looms
Otis Worldwide (OTIS) stock reached a 52-week low of USD 65.13 amidst a looming CEO transition scheduled for the first half of 2027. Despite a 7.30% increase in Q2 revenue to USD 3.86 billion, driven by strong service and modernization sales, the company experienced a decline in adjusted operating margin and flat New Equipment sales. The market is evaluating whether service growth can lead to margin recovery before the leadership change, with the stock trading near its yearly floor and a consensus "Hold" rating from analysts.
A Look Back at General Industrial Machinery Stocks’ Q2 Earnings: 3M (NYSE:MMM) Vs The Rest Of The Pack
The article reviews the Q2 earnings performance of general industrial machinery stocks, highlighting 3M (NYSE:MMM) and its peers. While the sector reported strong revenues overall, stock prices have generally declined since earnings season. The piece details the individual performances of top and bottom performers like Columbus McKinnon and Albany, respectively, and touches on broader market concerns.
Otis Worldwide stock last trades at USD 66.47 on September 28, 2026
Otis Worldwide stock last traded at USD 66.47 on September 28, 2026, marking a 0.80 percent increase from its previous close. The company also announced that Chair, CEO, and President Judy Marks plans to retire in the first half of 2027, with a search for her successor already underway. Marks will remain as a senior advisor until July 31, 2027, if a successor is appointed earlier.
Otis Worldwide (NYSE:OTIS) Sets New 12-Month Low - Here's Why
Otis Worldwide (NYSE:OTIS) recently hit a new 52-week low of $65.13, trading below its 50-day and 200-day moving averages. Despite mixed analyst ratings (four Buy, four Hold, two Sell) and a consensus "Hold" rating with an average price target of $92.64, the company reported quarterly revenue of $3.86 billion and adjusted earnings of $1.01 per share. Otis maintains a quarterly dividend of $0.44, offering a 2.7% yield, and institutional investors hold a significant 88.03% stake in the company.
A Look Back at General Industrial Machinery Stocks’ Q2 Earnings: 3M (NYSE:MMM) Vs The Rest Of The Pack
This article reviews the Q2 earnings performance of general industrial machinery stocks, focusing on 3M (NYSE:MMM) and its peers. It highlights the sector's strong revenue beats despite a dip in stock prices post-earnings, driven by automation and digitization trends. The piece details the individual Q2 results for 3M, Columbus McKinnon, Albany, Otis, and Kadant, noting their revenue growth, analyst estimate comparisons, and stock performance.
Otis Worldwide Corporation $OTIS Stock Bought by Envestnet Asset Management Inc.
Envestnet Asset Management Inc. increased its stake in Otis Worldwide Corporation by 36.8% in the second quarter, bringing its total holdings to 634,538 shares valued at approximately $45.4 million. Other institutional investors also raised their positions, with hedge funds and institutional investors collectively owning 88.03% of the company's stock. Analyst sentiment remains mixed, with a consensus "Hold" rating and a price target of $92.64, while Otis reported a 7.3% year-over-year revenue increase and offers a $0.44 quarterly dividend.
OTIS5029758 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the OTIS5029758 bond issued by Otis Worldwide Corp., highlighting its coupon and redemption information. It covers key facts such as the issuer, issue and maturity dates, face value, and minimum denomination, along with an overview of Otis Worldwide Corp.'s business. The profile also details the bond's interest payment schedule, including upcoming and past semi-annual payouts.
A Look Back at General Industrial Machinery Stocks’ Q2 Earnings: 3M (NYSE:MMM) Vs The Rest Of The Pack
This article reviews the Q2 earnings season for general industrial machinery stocks, highlighting the performance of 3M (NYSE:MMM) against its peers. It details 3M's strong quarter with revenues up 5.6% year over year, while also examining the best performer, Columbus McKinnon (NASDAQ:CMCO), and the weakest, Albany (NYSE:AIN), based on revenue growth and analyst expectations. The piece further provides brief summaries of Otis (NYSE:OTIS) and Kadant (NYSE:KAI)'s Q2 results, along with a market update on investor concerns from late 2025 and early 2026.
OTIS5044212 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the OTIS5044212 bond issued by Otis Worldwide Corporation. It covers key facts such as issuer information, issue and maturity dates, face value, and minimum denomination. The profile also details the bond's coupon payments, including its semi-annual fixed rate of 3.36%, and information on bond redemption, including the outstanding amount.
Otis Worldwide (NYSE:OTIS) Upgraded to Strong Sell at Wells Fargo & Company
Wells Fargo & Company has downgraded Otis Worldwide (NYSE:OTIS) to a "strong sell" rating. Despite this, the broader analyst consensus remains "Hold" with an average price target of $92.64. The company recently met EPS estimates and surpassed revenue expectations, but its stock is trading near its 52-week low.
OTIS5634792 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the OTIS5634792 bond issued by Otis Worldwide Corp., highlighting key details such as its 5.25% coupon rate, August 16, 2028 maturity date, and semi-annual payment frequency. It covers essential metrics like issuer information, bond classification, and a schedule of upcoming and past coupon payouts. The profile aims to offer comprehensive data for evaluating the bond's potential and performance.
Otis Worldwide stock heads into the open after a 2.08 percent drop
Otis Worldwide stock experienced a 2.08 percent drop, closing at USD 66.90 on September 24, 2026, which was a larger decline than the S&P 500's movement on the same day. The stock opened at USD 68.36 and fell by USD 1.46 by market close. Investors are now awaiting company-specific announcements and broader US trading conditions for market-moving information on September 25, 2026.
Waste Management Returned 290% in a Decade. These 4 Stocks Share Its Boring Advantage
The article highlights how "boring" companies like Waste Management, which returned nearly 300% in a decade, can be highly profitable due to their structural advantages. It identifies four other companies—Republic Services, Rollins, Cintas, and Otis Worldwide—that share similar characteristics, such as customer captivity and the ability to consistently raise prices above costs, leading to strong dividend records and sustained financial performance. These businesses thrive because their essential services make it difficult for customers to switch providers, ensuring steady revenue and margin expansion.
Andra AP fonden Makes New Investment in Otis Worldwide Corporation $OTIS
Andra AP fonden has initiated a new position in Otis Worldwide Corporation (NYSE:OTIS) by purchasing 51,600 shares valued at approximately $3.7 million. This investment highlights continued institutional interest in Otis, with hedge funds and other institutional investors collectively owning 88.03% of the company's stock. Despite a recent guidance cut, Otis reported strong quarterly revenue growth of 7.3% year-over-year and reaffirmed its fiscal 2026 EPS guidance, maintaining an overall "Hold" rating from analysts and offering a 2.6% annual dividend yield.
Otis Worldwide stock heads into the open after a 2.6 percent drop
Otis Worldwide stock dropped 2.6% on September 22, 2026, closing at USD 66.73 on the NYSE. This puts the stock 0.24% above its 52-week low. The S&P 500 also fell by 0.75% on September 23, 2026.
Otis Worldwide stock falls near its 52-week low
Otis Worldwide stock closed at $66.73 on September 22, 2026, just $0.16 above its 52-week low. Despite the low stock price, the company's latest quarterly revenue of $3.86 billion exceeded analyst estimates by 2.7 percent. The adjusted EPS for the quarter matched consensus, and the company's fiscal 2026 adjusted EPS guidance aligns with analyst expectations, indicating a resilient operational performance despite the stock's market position.
State Street Corp Acquires 463,491 Shares of Otis Worldwide Corporation $OTIS
State Street Corp has increased its stake in Otis Worldwide Corporation by 2.9%, acquiring an additional 463,491 shares to bring its total holdings to 16.66 million shares, representing 4.38% of the company. Institutional investors collectively own 88.03% of Otis, which recently reported quarterly earnings of $1.01 per share and revenue growth of 7.3%. Despite a consensus "Hold" rating from analysts, several firms have assigned "Outperform" ratings to Otis.
Otis Worldwide stock slips 2.6 percent ahead of the open
Otis Worldwide stock slipped 2.6 percent ahead of the open on September 23, 2026, closing at USD 66.73, near its 52-week low. The company's second-quarter revenue of USD 3.86 billion surpassed estimates, though adjusted earnings per share matched expectations at USD 1.01. Otis maintained its fiscal 2026 adjusted earnings guidance but reduced its operating-profit outlook, with the next quarterly results due on October 28, 2026.
Otis Worldwide stock falls to a 52-week low
Otis Worldwide stock (NYSE: OTIS) traded at a 52-week low of USD 66.73 on September 22, 2026, with a market capitalization of USD 25.40 billion. While second-quarter revenue beat estimates, adjusted EPS matched expectations but was lower year-over-year. Analysts have a consensus "Hold" rating and a target price of USD 92.91, significantly above the current trading price.
Nykredit A S Takes $5.79 Million Position in Otis Worldwide Corporation $OTIS
Nykredit A/S has acquired a new position in Otis Worldwide Corporation, purchasing 80,937 shares valued at approximately $5.79 million during the second quarter. Other institutional investors have also adjusted their stakes in OTIS, which now has 88.03% institutional ownership. Despite recent earnings meeting expectations and reaffirmed guidance, the stock trades near its 52-week low, while analysts maintain a consensus "Hold" rating with an average price target of $92.91.
Otis Worldwide (NYSE:OTIS) Sets New 12-Month Low - Here's What Happened
Otis Worldwide (NYSE:OTIS) stock recently hit a new 52-week low of $67.42, trading below its 50-day and 200-day moving averages. Despite mixed analyst ratings with a consensus "Hold" and target price of $92.91, the company reported solid quarterly revenue of $3.86 billion, a 7.3% year-over-year increase, matching earnings expectations at $1.01 per share. Otis also maintains a quarterly dividend of $0.44 per share, offering an annual yield of approximately 2.6%.
Otis Worldwide Corp. stock falls Monday, underperforms market
Shares of Otis Worldwide Corp. (OTIS) fell 2.74% on Monday to $66.64, underperforming the broader market as the S&P 500 and Dow Jones Industrial Average both rose. This marks the third consecutive day of losses for the stock.
Otis Worldwide stock hits 52-week low at 67.62 USD By Investing.com
Otis Worldwide (OTIS) stock has dropped to a 52-week low of $67.62, representing a 24.15% decrease over the past year. Despite trading below its fair value with a P/E ratio of 17.6 and a 2.6% dividend yield, the company recently reported Q2 revenue of $3.9 billion, exceeding expectations, though it lowered its full-year profit outlook due to margin challenges. Bernstein SocGen Group maintained an Outperform rating with a $90 price target amidst an upcoming leadership transition for CEO and Chair Judy Marks.
Otis Worldwide stock hits 52-week low at 67.62 USD
Otis Worldwide (OTIS) stock has dropped to a 52-week low of $67.62, representing a 24.15% decrease over the past year for the $25.8 billion company. Despite trading below its fair value with a P/E ratio of 17.6 and a 2.6% dividend yield, the company recently reported Q2 revenue of $3.9 billion, surpassing expectations. However, lower margins led to a reduced full-year profit outlook, and a CEO transition is underway.
Shengfeng reports 18.4% revenue growth in H1 20...
Shengfeng Development Limited reported an 18.4% increase in revenue to $311.8 million for the first half of 2026, primarily driven by expanded transportation services and client partnerships. Despite a slight decline in gross margin due to competitive pricing, net income grew by 9.6% to $6.6 million. The company plans to focus on network optimization and profitability improvement in the latter half of 2026 while continuing to expand its logistics offerings.
NewEdge Advisors LLC Has $1.94 Million Stake in Otis Worldwide Corporation $OTIS
NewEdge Advisors LLC significantly increased its stake in Otis Worldwide Corporation (NYSE:OTIS) by 132.4% in the second quarter, now owning 27,068 shares valued at approximately $1.94 million. Institutional investors collectively hold 88.03% of the company. Despite mixed analyst ratings, Otis Worldwide reported strong Q2 financial results with a 7.3% year-over-year revenue increase to $3.86 billion and adjusted earnings per share matching estimates at $1.01, alongside a quarterly dividend of $0.44.
Bank of America Corp DE Invests $189.23 Million in Otis Worldwide Corporation $OTIS
Bank of America Corp DE has acquired a new stake in Otis Worldwide Corporation (NYSE:OTIS) during the second quarter, purchasing over 2.64 million shares valued at approximately $189.23 million. This investment represents about 0.69% of Otis Worldwide, with institutional investors collectively owning 88.03% of the company's stock. Despite the company's shares opening near their 12-month low, analysts have a consensus "Hold" rating with an average price target of $92.91, and Otis Worldwide continues to pay a quarterly dividend of $0.44 per share.
Otis shares drop 14%, seen as a buying opportunity due to strong market position and stable cash flow.
Otis Worldwide Corporation experienced a 14% share price decline, but analysts view this as a buying opportunity. The company maintains a dominant market position, stable cash flows, and essential service demand, making it a resilient and high-quality stock for long-term investors. Its market capitalization stands at $26.36 billion, and it offers a dividend yield of 2.54%.
Otis Worldwide (NYSE: OTIS) sets 2027 exit for CEO Judy Marks as board hunts successor
Otis Worldwide has announced that CEO Judy Marks will retire by July 31, 2027, or earlier if her successor is appointed. The company's board has initiated a comprehensive search for a new CEO, considering both internal and external candidates. Marks will remain in her current role until the transition date and may serve as a senior advisor afterward, with her equity awards continuing to vest.
Connecticut's only female Fortune 500 CEO is stepping down
Judy Marks, the CEO, president, and chairperson of Otis Worldwide, will retire next year after leading the company since its 2020 spin-off. Her retirement timing depends on the appointment of her successor, for which the board has initiated a comprehensive search. Marks, the only female CEO among Connecticut's Fortune 500 companies, expressed her belief in leadership transitions and reflected on her decade of contributions to Otis.
Form 8K Otis Worldwide Corp For: 15 September By Investing.com
This article announces the filing of Form 8K by Otis Worldwide Corp for September 15. It is a brief corporate news item published by Investing.com, providing information about a regulatory filing.
Form 8K Otis Worldwide Corp For: 15 September By Investing.com
This article reports that Otis Worldwide Corp (OTIS) filed a Form 8K on September 15. The brief announcement provides no further details but is accompanied by current market data for various indices, commodities, and shares, including a -2.39% performance for OTIS. The filing date is September 15, 2026.
Should Otis Worldwide’s (OTIS) CEO Transition Strategy Reframe How Investors View Its Capital Allocation Priorities?
Otis Worldwide announced that CEO Judy Marks will retire, with a successor expected in the first half of 2027. This leadership change places increased investor focus on future capital allocation, modernization priorities, and service growth initiatives, especially regarding the balance between share repurchases, dividends, and reinvestment. The article suggests that the new CEO's approach to these areas will be a key determinant of the company's investment narrative, alongside risks like prolonged weakness in China and pricing pressure.
Connecticut's only female Fortune 500 CEO is stepping down
Judy Marks, the CEO, president, and chairperson of Otis Worldwide, the only woman to lead a Connecticut-based Fortune 500 company, will retire in 2027. She has led Otis since its spin-off in 2020 and will continue in her role until July 31, 2027, or until a successor is appointed. The board has initiated a comprehensive search for her replacement, considering both internal and external candidates.
Form 8K Otis Worldwide Corp For: 15 September By Investing.com
The article announces that Otis Worldwide Corp filed a Form 8K on September 15th. It is a brief news item from Investing.com, likely indicating a significant event or disclosure by the company. The content primarily consists of navigation and market data, with the core news being the 8K filing.
Form 8K Otis Worldwide Corp For: 15 September By Investing.com
This article from Investing.com reports that Otis Worldwide Corp filed a Form 8K on September 15. The brief piece includes the company's stock symbol (OTIS) and its current performance. It appears to be a basic notification of the filing rather than an in-depth analysis.
Engineers Gate Manager LP Trims Stock Position in Otis Worldwide Corporation $OTIS
Engineers Gate Manager LP significantly reduced its stake in Otis Worldwide Corporation (NYSE:OTIS) by 81.0% in the second quarter, selling 225,574 shares and holding 52,894 shares valued at $3.787 million. Despite this, other institutional investors like California State Teachers Retirement System and BlackRock Inc. made substantial new or increased investments in Otis Worldwide. The company also announced a quarterly dividend of $0.44 per share, contributing to a 2.5% annualized yield.
Sen. John Boozman Purchases First Solar, Inc. (NASDAQ:FSLR) Shares
Senator John Boozman (R-Arkansas) recently purchased shares of First Solar, Inc. (NASDAQ: FSLR) between $1,001 and $15,000, as disclosed on September 11th. This transaction comes amidst First Solar's recent financial performance, which saw an EPS of $3.92, surpassing analyst estimates, despite a 3.4% year-over-year revenue decline. The company currently holds a "Moderate Buy" consensus rating from analysts, with an average price target of $266.06, even as company insiders have sold shares totaling approximately $3.62 million in the last 90 days.
