Andra AP fonden Makes New Investment in Otis Worldwide Corporation $OTIS

Andra AP fonden has initiated a new position in Otis Worldwide Corporation (NYSE:OTIS) by purchasing 51,600 shares valued at approximately $3.7 million. This investment highlights continued institutional interest in Otis, with hedge funds and other institutional investors collectively owning 88.03% of the company's stock. Despite a recent guidance cut, Otis reported strong quarterly revenue growth of 7.3% year-over-year and reaffirmed its fiscal 2026 EPS guidance, maintaining an overall "Hold" r