Siemens AG (OTCMKTS:SIEGY) Sees Large Decrease in Short Interest

Siemens AG (OTCMKTS:SIEGY) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 24,551 shares, a decrease of 47.3% from the August 15th total of 46,586 shares. Based on an average daily volume of 234,582 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On Siemens

An institutional investor recently raised its stake in Siemens stock. Ferguson Wellman Capital Management Inc. grew its holdings in shares of Siemens AG (OTCMKTS:SIEGY) by 0.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 210,670 shares of the technology company’s stock after acquiring an additional 655 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in Siemens were worth $33,899,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 0.75% of the company’s stock.

Siemens Stock Performance

OTCMKTS:SIEGY traded up $4.08 during trading hours on Thursday, reaching $153.47. 21,096 shares of the stock were exchanged, compared to its average volume of 201,158. The stock has a market capitalization of $240.02 billion, a P/E ratio of 26.00, a P/E/G ratio of 12.67 and a beta of 1.38. The firm has a 50 day simple moving average of $158.59 and a 200-day simple moving average of $149.33. The company has a quick ratio of 1.18, a current ratio of 1.44 and a debt-to-equity ratio of 0.55. Siemens has a 52 week low of $115.56 and a 52 week high of $169.47.

Siemens (OTCMKTS:SIEGY) last issued its earnings results on Thursday, August 6th. The technology company reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.50 by $0.19. Siemens had a net margin of 9.79% and a return on equity of 11.13%. The company had revenue of $24.02 billion for the quarter, compared to analysts’ expectations of $23.57 billion. Siemens has set its FY 2026 guidance at 6.510-6.685 EPS. As a group, sell-side analysts forecast that Siemens will post 6.52 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Barclays reaffirmed an “underweight” rating on shares of Siemens in a research report on Monday, July 6th. Erste Group Bank raised Siemens from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 27th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Siemens in a report on Monday, August 3rd. Finally, Kepler Capital Markets upgraded shares of Siemens from a “strong sell” rating to a “hold” rating in a research note on Friday, July 3rd. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Siemens Company Profile

Siemens AG is a German technology company that develops products, systems and services for industry, infrastructure, transportation and healthcare. Its portfolio includes industrial automation and software, electrification and building technologies, rail vehicles and mobility systems, and medical imaging and diagnostic equipment through Siemens Healthineers.

The company serves customers across Europe, the Americas, Asia and other international markets. Siemens also provides digital solutions that help manufacturers, infrastructure operators and transportation providers improve productivity, energy efficiency and operational performance.

Siemens traces its origins to 1847, when Werner von Siemens and Johann Georg Halske founded Telegraphen-Bauanstalt von Siemens & Halske in Berlin.