NewEdge Advisors LLC Has $1.94 Million Stake in Otis Worldwide Corporation $OTIS
MarketBeat
NewEdge Advisors LLC significantly increased its stake in Otis Worldwide Corporation (NYSE:OTIS) by 132.4% in the second quarter, now owning 27,068 shares valued at approximately $1.94 million. Institutional investors collectively hold 88.03% of the company. Despite mixed analyst ratings, Otis Worldwide reported strong Q2 financial results with a 7.3% year-over-year revenue increase to $3.86 billion and adjusted earnings per share matching estimates at $1.01, alongside a quarterly dividend of $0
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