OTIS Stock Recent News

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.

The Investment Committee share their latest portfolio moves.

OTIS' Q2 earnings miss and revised 2025 outlook triggered a steep sell-off, with persistent headwinds, especially in China and New Equipment segment. Despite near-term volatility from tariffs and weak demand, OTIS' Uplift and China transformation programs should drive cost savings and future profitability. Dividend remains well-covered and buybacks continue, supporting shareholder returns even as free cash flow expectations are lowered.

The heavy selling pressure might have exhausted for Otis Worldwide (OTIS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Otis Worldwide Corporation (NYSE:OTIS ) Q2 2025 Earnings Conference Call July 23, 2025 8:30 AM ET Company Participants Robert Quartaro - Vice President of Investor Relations Judith Marks - Chair, President & CEO Cristina Mendez - Executive VP & CFO Conference Call Participants Jeffrey Sprague - Vertical Research Partners, LLC Nigel Coe - Wolfe Research, LLC Nicole DeBlase - Deutsche Bank AG, Research Division C. Stephen Tusa - JPMorgan Chase & Co, Research Division Robert Wertheimer - Melius Research LLC Julian Mitchell - Barclays Bank PLC, Research Division Christopher Snyder - Morgan Stanley, Research Division Joseph O'Dea - Wells Fargo Securities, LLC, Research Division Operator Good morning, and welcome to Otis' Second Quarter 2025 Earnings Conference Call.

The headline numbers for Otis Worldwide (OTIS) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.