NYSE:OTIS (USA) Also Trade In: Brazil Germany Mexico

Otis Worldwide Corp $ 65.53 0.59 (0.91%)

Volume:
1,821,125
Avg Vol (1m):
1,890,059
Market Cap $:
28.39 Bil
Enterprise Value $:
33.62 Bil
P/E (TTM):
38.30
P/B:
0.00
Warning! GuruFocus has detected 4 Medium warning signs with OTIS. Click here to check it out.
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Otis Worldwide Corp News and Headlines -

GuruFocus Articles Total 7
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Wall Street analysts, once skeptical of Raytheon's merger with United Technologies, now see it as a boon

Raytheon Co. and United Technologies Corp. faced many doubters ahead of their merger. From its announcement in June 2019, the deal faced pushback from investors. The companies forged ahead regardless, officially forming Raytheon Technologies Corp. (RTX) in April 2020.

In the months since the merger, however, analysts and investors have largely changed their tune. Indeed, Raytheon Technologies seems to have captured Wall Street's interest. Analysts have showered the company with upgrades and buy ratings in recent months.

Expectations are clearly running high for Raytheon Technologies in 2021, but can the freshly restructured aerospace giant deliver the

475 Views    John Engle    2021-01-12 22:31
Firm's largest sales of the 3rd quarter

Steven Romick (Trades, Portfolio)'s FPA Crescent Fund sold shares of the following stocks during its third quarter of fiscal 2020, which ended on Sept. 30.

Broadcom

The fund trimmed its position in Broadcom Inc. (AVGO) by 22.48%. The trade had an impact of -1% on the portfolio.

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The company has a market cap of $154.31 billion and an enterprise value of $189.61 billion.

GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 9.42% and return on assets of 3.27% are

68 Views    Tiziano Frateschi    2020-10-15 15:17
Steven Romick's fund made only 1 new buy during the 3rd quarter

Steven Romick (Trades, Portfolio) recently released the third-quarter 2020 portfolio update for the FPA Crescent Fund. The quarter ended on Sept. 30.

The FPA Crescent Fund operates under First Pacific Advisors (Trades, Portfolio) and is managed by Romick, Brian A. Selmo and Mark Landecker. The fund's objective is to seek returns with less risk than the market while avoiding permanent loss of capital. Its strategy combines deep research with a focus on strong fundamentals, attractive risk-reward and diversification across geographies, market caps, sectors and capital structure.

The fund made one new buy for the

172 Views    Margaret Moran    2020-10-14 21:12
Following spinoffs and merger completion, total returns could reach 18%

Raytheon Technologies Corporation (RTX) recently reported earnings results for the second quarter of 2020. This was the first quarter following the Carrier (CARR) and Otis (OTIS) spinoffs and the merger of Raytheon and United Technologies to form Raytheon Technologies. Raytheon Technologies now consists of Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense.

I've stated in previous articles that the aerospace and defense sector remains among my favorite places to invest due to higher spending on defense in both the U.S. and abroad. In this article, we will look at the recent quarter and valuation

769 Views    Nathan Parsh    2020-08-23 19:51
Firm's largest sales of the 2nd quarter

Chris Davis (Trades, Portfolio)' Davis Selected Advisers manages a $17.29 billion equity portfolio composed of 119 stocks as of the quarter's end. The firm sold shares of the following stocks during the second quarter of 2020.

Otis

The fund trimmed its position in Otis Worldwide Corp. (OTIS) by 99.67%. The trade had an impact of -1.43% on the portfolio.

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The company has a market cap of $27.72 billion and an enterprise value of $27.36 billion.

GuruFocus gives the company a profitability and growth rating of 4 out of 10. The

93 Views    Tiziano Frateschi    2020-08-17 14:47
Steven Romick cleans up portfolio during 2nd quarter

Steven Romick (Trades, Portfolio) recently released the second quarter 2020 portfolio update for the FPA Crescent Fund. The quarter ended on June 30.

The FPA Crescent Fund operates under First Pacific Advisors (Trades, Portfolio) and is managed by Steven Romick (Trades, Portfolio), Brian A. Selmo and Mark Landecker. The fund’s objective is to seek returns with less risk than the market while avoiding permanent loss of capital. Its strategy combines deep research with a focus on strong fundamentals, attractive risk/reward and diversification across geographies, market caps, sectors and capital structure.

The

209 Views    Margaret Moran    2020-07-20 21:01
The newly independent businesses include Carrier, Arconic

Some spinoffs can unlock the true value of businesses by allowing them to focus on their niches better than being part of a bulkier multi-faceted corporation allows. On the other hand, some spinoffs are made by the parent companies to shed dead weight, help get rid of legal liabilities or satisfy regulatory requirements in order to be cleared for a merger or acquisition. A spinoff is certainly no guarantee of success or failure in and of itself, as a lot depends on why the spinoff was made and whether its collection of assets and operations works well together.

So far

927 Views    Margaret Moran    2020-06-05 21:57

Headlines Total 27
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2021-01-13 $ 63.97 (-1.93%)
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2021-01-12 $ 65.23 (-1.7%)
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2020-07-14 $ 57.37 (0.84%)
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