Otis Worldwide Corporation ($OTIS) has attracted significant interest from various entities, with diverse transactions surrounding its shares. Notably, institutions such as Bank Julius Baer & Co. Ltd Zurich, Massachusetts Financial Services Co. MA, and Candriam S.C.A. sold their shares, while others like Avantax Advisory Services Inc., Primecap Management Co. CA, and Creative Planning has bought more of the corporation's shares. Furthermore, Otis continues to innovate its product portfolio with the expansion of the Otis Gen3 Core™ Elevator line featuring larger cabs and increased lifting capacity, catering to the 2-8 story building segment in the U.S. and Canada. Otis's shares have been highlighted as a worthy pick for value investors and cited as a potential hedge against inflation. Despite fluctuations in the stock market, Otis Worldwide Corporation's shares have been mostly resilient. Revenue expansion for the corporation is anticipated by 2025. Equally, the corporation's stock performance during Fed tightening cycles has been favourable. To this extent, the corporation's Q3 Earnings and Net Sales have exceeded expectations.
Otis Worldwide Corporation OTIS News Analytics from Thu, 24 Jul 2025 07:00:00 GMT to Sat, 22 Nov 2025 12:06:43 GMT -
Rating 6
- Innovation 2
- Information 8
- Rumor 1
