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Otis Worldwide Corp
One Carrier Place, Farmington, CT, United States, 06032
IPO
2020
Employees
72,000
Industry
Specialty Industrial Machinery
Sector
Industrials
Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. This segment serves real-estate and building developers, and general contractors. It sells its products directly to customers, as well as through agents and distributors. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. Otis Worldwide Corporation was founded in 1853 and is headquartered in Farmington, Connecticut.
Insider Transactions
Quarterly buy vs. sell activity
Sell (left)Buy (right)
Q1 20266-4
2
Q4 20251-1
0
2-quarter cumulative
7 sells2 buys
Analyst Ratings
12 analysts covering
Hold75%recommend hold
Buy
2
Hold
9
Sell
1