OTIS Stock Recent News

FARMINGTON, Conn. , Aug. 29, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) Chair, CEO & President Judy Marks will participate in a fireside chat at the 13th annual Laguna conference hosted by Morgan Stanley on Friday, September 12, 2025 at 10:00 a.m.

OTIS boosts growth with the Singapore MRT contract and global innovation-driven projects.

OTIS offers steady revenue growth, margin expansion opportunities, and a 4.9% free cash flow yield. The headwinds in China and the recent miss on revenues have led to a valuation re-rating, bringing OTIS's stock close to its fair value of $80 per share. OTIS holds a market-leading position, most of its income is recurring, and customers won't cancel maintenance contracts even during a recession.

SINGAPORE , Aug. 20, 2025 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, has been selected by the Land Transport Authority (LTA) to help create a seamless and user-friendly transport experience on the Singapore Mass Rail Transport (MRT)'s new Cross Island Line. Otis will provide 336 heavy-duty and public escalators and moving walkways, together with 186 Gen3™ elevators.

Otis Worldwide Corp.'s share price has been on a slow decline for much of the year, but signs are emerging that the worst may be over.

Market volatility from tariffs presents a buying opportunity for quality stocks, especially for long-term investors seeking value in the current dip. Otis Worldwide offers resilience and upside potential, with cost-saving initiatives and a strong dividend, despite near-term headwinds in China and tariffs. U.S. Bancorp remains fundamentally strong, with solid earnings, dividend growth, and upside potential if economic conditions stabilize and rates decline.

DUBAI, UAE, Aug. 4, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, will provide and install 76 elevators at the Riverside Crescent project by Sobha Realty - a leading global luxury real estate developer. Otis will install advanced elevator systems including 50 Otis Skyrise®, 12 Otis Arise™ and 14 machine-roomless Otis Gen2® elevators to enhance the living experience for tenants.

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Otis's resilient service-driven business model generates high-margin, recurring revenue, insulating it from cyclical downturns and justifying premium valuation multiples. Despite a Q2 revenue miss and weak new equipment outlook, service and modernization segments remain strong, with a robust $18.6B backlog supporting future growth. Cost-saving initiatives and pricing power offset tariff impacts, while the company maintains most of its financial outlook, though FCF guidance was trimmed.

FARMINGTON, Conn. , July 24, 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.