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flag Franklin Resources Inc. increased its Otis Worldwide stake by nearly 58%, holding shares now worth $774.86 million.

flag Franklin Resources Inc. boosted its stake in Otis Worldwide by 58.3%, holding shares worth $774.86 million. flag Otis Worldwide's stock opened at $97.79, with a market cap of $39.06 billion. flag The company reported earnings of $0.96 per share, missing expectations by $0.01. flag Otis has a dividend yield of 1.60% and analysts give it a "Hold" rating with a $104.50 target price. flag Institutional investors hold 88.03% of the company's stock.

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