Otis Worldwide Corporation (OTIS) has been a common subject in investment news. Many large investors have recently bought and sold shares of the company. For example,
Daiwa Securities Group Inc acquired 3476 shares while
Parnassus Investments LLC sold off 51656 shares. The company posted a significant
136% return over the last five years, pleasing investors. Simultaneously, there are questions about whether it is underperforming compared to the
S&P 500. With leadership under
Judy Marks, the company navigates successfully through uncertainty and technological evolution. The company's stock reached a new 1-year high, raising questions as to whether it's a good time to buy. Interestingly, the company CEO Stephane de Montlivault sold off a significant amount of his shares, which might indicate caution. Despite the Q4 earnings missing estimates, causing the stock price to fall, the company's stock still managed to reach an all-time high of
$106.35 thanks to robust growth. The management remains optimistic despite challenges, as reflected in their earnings call.
Otis Worldwide Corporation OTIS News Analytics from Sat, 27 Apr 2024 07:00:00 GMT to Sat, 15 Mar 2025 23:11:00 GMT -
Rating 7
- Innovation 4
- Information 6
- Rumor -2
