Otis Worldwide Corporation (OTIS) has recently seen diverse investment movements. Notable wealth management firms, including
Mission Wealth Management LP and
Allspring Global Investments Holdings LLC, hold substantial positions in OTIS. Yet, others such as
Sequoia Financial Advisors LLC and
Oak Thistle LLC have notably sold off some of their shares. The corporation's stock showed both appreciable rises and falls in the market over time, while occasionally underperforming. Insider transactions also hint caution as
Otis Worldwide insiders have sold a significant amount of stock. Despite fluctuations, analysts have given OTIS an average recommendation of “
Hold”. Q1 2024 Earnings Call Transcripts exhibit
solid service growth and
margin expansion, aiding the company despite cost woes. The short interest in Otis Worldwide Co. has fallen significantly in June. The company has innovative projects, such as the
modernization of Burj Khalifa and various new appointments to its
Board of Directors. However, the question about whether now is the right time to invest in OTIS still holds relevance.
Otis Worldwide Corporation OTIS News Analytics from Mon, 27 Jun 2022 07:00:00 GMT to Sun, 07 Jul 2024 18:45:08 GMT -
Rating 0
- Innovation -3
- Information 3
- Rumor -4
