Otis Worldwide Corp Stock News

Otis Worldwide (OTIS) delivered a Q3 earnings beat, raising full-year EPS guidance despite ongoing headwinds, particularly in China. OTIS faces declining New Equipment sales and profits, but strong Services segment growth and cost-saving measures help offset challenges. Share repurchases, a healthy balance sheet, and strategic global projects support long-term bullishness, though near-term upsi...

Otis Worldwide Corporation is upgraded to Buy as the long-awaited inflection point has arrived, with service growth and margins accelerating. Service segment organic sales grew 6% y/y, driving margin expansion despite modernization mix headwinds, signaling improved productivity and pricing power for OTIS. Americas New Equipment business is stabilizing, China is showing signs of bottoming, and a...

FARMINGTON, Conn., Oct. 30, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock.

Otis Worldwide Corporation ( OTIS ) Q3 2025 Earnings Call October 29, 2025 8:30 AM EDT Company Participants Robert Quartaro - Vice President of Investor Relations Judith Marks - Chair, President & CEO Cristina Mendez - Executive VP & CFO Conference Call Participants Joseph O'Dea - Wells Fargo Securities, LLC, Research Division Nigel Coe - Wolfe Research, LLC Jeffrey Sprague - Vertical Research ...

Otis delivers 6% organic Service sales growth with strong Service operating profit margin expansion, and increases the midpoint of 2025 EPS outlook Third quarter 2025 Net sales up 4% and organic sales up 2%, driven by Service net sales up 9% with organic sales up 6% Service operating profit margin up 70 bps GAAP EPS down 29% and adjusted EPS up 9% Maintenance portfolio units up 4% Modernization...

Canoe Financial LP disclosed a significant purchase of Otis Worldwide Corporation shares in its October 15, 2025 filing, acquiring 940,862 shares in a transaction estimated at $85.41 million based on the average share price for the quarter ended September 30, 2025.

- Provides 169 cutting-edge elevator systems, supporting smarter & smoother living - Continues long customer relationship in reshaping luxury residential landscape HYDERABAD, India , Oct. 15, 2025 /PRNewswire/ -- Otis India, a subsidiary of Otis Worldwide Corporation (NYSE: OTIS), the global leader in the manufacture, installation, and servicing of elevators and escalators, has secured a major ...

NEW YORK , Oct. 9, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Otis Worldwide Corporation (NYSE: OTIS) on behalf of the company's shareholders.  The investigation seeks to determine whether Otis Worldwide Corporation's directors breached their fiduciary duties in connection with recent corporate actions.