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Clarkston Capital Partners LLC Buys 62,501 Shares of Otis Worldwide Corporation $OTIS
Clarkston Capital Partners LLC increased its stake in Otis Worldwide Corporation by 65.7% during Q3, purchasing an additional 62,501 shares to bring its total holdings to 157,698 shares valued at approximately $14.42 million. This comes despite significant insider selling from CEO Judith Fran Marks and another insider, who collectively disposed of 158,013 shares worth about $14.34 million in the last 90 days. Otis Worldwide reported Q3 EPS of $1.03, revenue of $3.80 billion, and announced a $0.42 quarterly dividend, with a MarketBeat consensus rating of “Hold” and an average target price of $101.44.