OTIS

In April 2026, Otis reported a 1% rise in Q1 2026 organic sales driven by service growth, increased its quarterly dividend to $0.44 per share, launched its Robust™ Heavy-Duty Elevator Range, acquired a majority stake in WeMaintain, and commenced a Transport for London contract. May 2026 saw the unveiling of new commercial escalator modernization packages, followed by the introduction of Gen3™ elevator modernization solutions in EMEA in June 2026. In July 2026, Q2 2026 net sales increased 7% year-over-year, with service growth at 11%, and another $0.44 per share dividend was declared, alongside the completion of an elevator modernization project in Brazil. August 2026 included an announcement to provide over 250 elevators and escalators to the Tianjin 117 Tower in China. In September 2026, a CEO succession plan was announced for Judy Marks' retirement in early 2027, and a Seeking Alpha article maintained a 'Hold' rating due to high valuation and China risks. As of October 2, 2026, the stock price was $64.05, a 29.48% decline from October 2025, with a twelve-month return of -26.0% compared to the S&P 500's +16.2%. The Q3 2026 earnings call is scheduled for October 28, 2026.