Otis Worldwide Corporation (OTIS) has been a focal point of investment interest with an array of financial institutions and private firms standing on both sides of the scale. Louisbourg Investments Inc., Wells Fargo, Daiwa Securities Group Inc., and Invesco Ltd. are some of the notable names purchasing shares, signaling a bullish sentiment, whereas firms like Corient Private Wealth LLC and Dearborn Partners LLC have cut their holdings. Otis's financial performance has been on a roller coaster ride with Q3 earnings beating the estimates but share price dropping by 4.2% since the last earnings report. Despite the challenges, a strategic shift towards high-margin services and sustainable innovative mobility solutions showcases promising growth potential. Experts like Jim Cramer have also posited that the company has a lot of revenue from China, a thesis that might make OTIS less exposed to broader economy fluctuations. Controversies are also surround OTIS on issues like executive pay, with shareholders opposing it. What remains consistent in this mix of views is the company's continuous innovation in vertical mobility. BNP Paribas has upgraded their rating of Otis sighting a promising future.
Otis Worldwide Corporation OTIS News Analytics from Tue, 11 Mar 2025 07:00:00 GMT to Sat, 20 Dec 2025 11:39:27 GMT -
Rating 5
- Innovation 6
- Information 8
- Rumor -6
