Reports point to the continuous growth of
Otis Worldwide Corporation (OTIS) as demonstrated by the rise in stock since its last earnings report and healthy investments by entities like
Wells Fargo & Company MN,
Corient Private Wealth LLC, and
Clearbridge Investments LLC. There have been strategic leadership changes with additions to the board of directors and high profile projects, including the elevator modernization at the
Burj Khalifa. Shareholders, however, express concerns over wage increases for top-level executives. The company's dividend returns are increasing according to recent analysis. Otis reports strong Q4 and FY 2023 earnings, receiving continued recommendations from equity analysts to hold stocks. It has hit a 52-week high, all while making confident strides in sustainability, evidenced by a gold rating from
EcoVadis. The company's stock oscillates, underperforming and outperforming the market on different days. Overall, institutional investors have high stakes in Otis, showing strong market confidence.
Otis Worldwide Corporation OTIS News Analytics from Wed, 26 Jul 2023 07:00:00 GMT to Sun, 26 May 2024 10:44:19 GMT -
Rating 7
- Innovation 3
- Information 9
- Rumor -5
