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1. • • On September 30, 2024, JPMorgan Chase & Co. made a significant addition to its investment portfolio by acquiring 7,162,042 shares of Otis Worldwide Corp (NYSE:OTIS), a leading global supplier in the elevator and escalator industry.
     finance.yahoo.com/news/jpmorgan-chase-co-strategic-acquisition-190609505.html

     JPMorgan Chase & Co.'s Strategic Acquisition of Otis ...

2. People also ask

   Does JPMorgan Chase own Otis Worldwide Corp?

   • This article first appeared on GuruFocus. On September 30, 2024, JPMorgan Chase & Co. made a significant addition to its investment portfolio by acquiring 7,162,042 shares of Otis Worldwide Corp (NYSE:OTIS), a leading global supplier in the elevator and escalator industry.

   JPMorgan Chase & Co.'s Strategic Acquisition of Otis Worldwide Corp S…

   finance.yahoo.com/news/jpmorgan-chase-co-strategic-acquisition-190609505.html

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   Is Otis worldwide corporation (Otis) drowning in cash?

   • If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. Otis Worldwide Corporation is drowning in cash, but bulk of these funds are returned to shareholders. Read my earnings analysis of OTIS stock here.

   Otis Worldwide: Exceptional Business, But We Have To Reinvest Its Cas…

   seekingalpha.com/article/4711982-otis-worldwide-exceptional-business-we-have-to-reinvest-its-cash-flows

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   Who is Otis worldwide corporation?

   • Summary Otis Worldwide Corporation is a pure-play elevator and escalator business, with operations in new equipment and service segments. The company enjoys superb economic characteristics even at its large size of operations.

   Otis Worldwide: Exceptional Business, But We Have To Reinvest Its Cas…

   seekingalpha.com/article/4711982-otis-worldwide-exceptional-business-we-have-to-reinvest-its-cash-flows

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   What is JPMorgan Chase & Co known for?

   • JPMorgan Chase & Co. is renowned for its robust service portfolio and substantial market presence, managing assets worth approximately $2.6 trillion. Otis Worldwide Corp, established following a pivotal invention by Elisha Graves Otis in 1854, dominates the elevator and escalator market with a significant 18% global share.

   JPMorgan Chase & Co.'s Strategic Acquisition of Otis Worldwide Corp S…

   finance.yahoo.com/news/jpmorgan-chase-co-strategic-acquisition-190609505.html

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   Does UTX own Otis?

   • OTIS was spun off from United Technologies in 2020 and is now apure-play on elevators and escalators. For the deal, UTX shareholders received 0.5 shares of Otis for every UTX share owned. The New Equipment segment focuses on manufacturing + installing a broad range of elevators (passenger + freight), escalators, and moving walkways.

   Otis Worldwide: Exceptional Business, But We Have To Reinvest Its Cas…

   seekingalpha.com/article/4711982-otis-worldwide-exceptional-business-we-have-to-reinvest-its-cash-flows

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   What happened to Otis Worldwide Corp (Otis)?

   • Let us know here. On Monday, Otis Worldwide Corp (OTIS:NYQ) closed at 94.95, -5.84% below its 52-week high of 100.84, set on Jun 06, 2024. Data delayed at least 15 minutes, as of Jul 02 2024 00:00 BST.

   Otis Worldwide Corp, OTIS:NYQ summary - FT.com - Financial Times

   markets.ft.com/data/equities/tearsheet/summary?s=OTIS:NYQ

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3. www.gurufocus.com › news › 2551664JPMorgan Chase & Co.'s Strategic Acquisition of Otis Worldwide C

   www.gurufocus.com › news › 2551664

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   On September 30, 2024, JPMorgan Chase & Co. made a significant addition to its investment portfolio by acquiring 7,162,042 shares of Otis Worldwide Corp (OTIS, Financial), a leading global supplier in the elevator and escalator industry.

4. markets.ft.com › tearsheet › summaryOtis Worldwide Corp, OTIS:NYQ summary - FT.com - Financial Times

   markets.ft.com › tearsheet › summary

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   2 days ago · Latest Otis Worldwide Corp (OTIS:NYQ) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more.

   • Bid: 103.09
   • Low: 101.27

   • High: 103.62
   • Open: 101.50

5. en.wikipedia.org › wiki › Otis_WorldwideOtis Worldwide - Wikipedia

   en.wikipedia.org › wiki › Otis_Worldwide

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   Otis Worldwide Corporation (branded as the Otis Elevator Company, its former legal name) is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment.

6. stockanalysis.com › stocks › otisOtis Worldwide Corporation (OTIS) Company Profile & Overview ...

   stockanalysis.com › stocks › otis

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   5 days ago · Company profile for Otis Worldwide Corporation (OTIS) with a description, list of executives, contact details and other key facts.

7. finance.yahoo.com › quote › OTISOtis Worldwide Corporation (OTIS) Stock Price, News, Quote ...

   finance.yahoo.com › quote › OTIS

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   Find the latest Otis Worldwide Corporation (OTIS) stock quote, history, news and other vital information to help you with your stock trading and investing.

8. seekingalpha.com › article › 4711982-otis-worldwideOtis Worldwide: Exceptional Business, But We Have To Reinvest ...

   seekingalpha.com › article › 4711982-otis-worldwide

   Otis Worldwide Corporation is drowning in cash, but bulk of these funds are returned to shareholders. Read my earnings analysis of OTIS stock here.