Otis Worldwide Corporation (OTIS) has seen a flurry of investment activities with firms such as
Vise Technologies Inc., Fire Capital Management LLC, and Milestone Asset Management Group LLC taking substantial positions. The company has experienced market happenings tending both ways. From
strong service growth to
missing estimates in Q4, the firm led by
Judy Marks navigates uncertainty with technological evolution. They opened the first double-deck, panoramic glass elevator at Space Needle while Northwestern firms like Universal Beteiligungs made
new investments. Yet, some institutions such as
California State Teachers Retirement System and
Man Group plc sold their shares. Experts remain
cautiously optimistic ahead of Otis's earnings. Their
Q1 2025 earnings call highlighted service growth and dividend amid a
stock price decrease. The exposure to tariffs saw the stock price surge despite underperformance. Analysts remain bullish, among them being
Royal Bank of Canada and
Janus Henderson Group PLC who increased their holdings, yet the Q1 earnings beat estimates while sales missed, leading to another decrease in stock price. The future holds anticipation for Otis Worldwide's performance as the global elevator giant presents its growth strategy.
Otis Worldwide Corporation OTIS News Analytics from Sat, 26 Oct 2024 07:00:00 GMT to Sat, 31 May 2025 10:53:29 GMT -
Rating 5
- Innovation 5
- Information 7
- Rumor -3
