Siemens (OTCMKTS:SIEGY) Downgraded by Vertical Research to “Hold”

Vertical Research downgraded shares of Siemens (OTCMKTS:SIEGY) from a strong-buy rating to a hold rating in a report published on Thursday,Zacks reports.

Other analysts have also issued reports about the stock. Jefferies Financial Group lowered shares of Siemens from a “buy” rating to a “hold” rating in a report on Thursday, October 15th. Zacks Research downgraded Siemens from a “hold” rating to a “strong sell” rating in a report on Monday, October 26th. Erste Group Bank raised Siemens from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 27th. Evercore cut Siemens from an “outperform” rating to a “hold” rating in a research note on Friday, October 2nd. Finally, Deutsche Bank restated a “hold” rating on shares of Siemens in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Siemens has a consensus rating of “Hold”.

Siemens Trading Down 0.6%

Siemens stock traded down $0.91 during mid-day trading on Thursday, reaching $154.09. 104,019 shares of the company traded hands, compared to its average volume of 184,492. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.44 and a quick ratio of 1.18. The firm’s 50 day moving average price is $152.47 and its 200 day moving average price is $149.82. The firm has a market capitalization of $241.00 billion, a price-to-earnings ratio of 24.49, a P/E/G ratio of 10.28 and a beta of 1.47. Siemens has a 52-week low of $115.56 and a 52-week high of $169.47.

Hedge Funds Weigh In On Siemens

A hedge fund recently raised its position in Siemens stock. Ferguson Wellman Capital Management Inc. grew its holdings in shares of Siemens AG (OTCMKTS:SIEGY) by 0.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 210,670 shares of the technology company’s stock after purchasing an additional 655 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in Siemens were worth $33,899,000 as of its most recent SEC filing. 0.75% of the stock is currently owned by institutional investors.

Trending Headlines about Siemens

Here are a few of the latest headlines about SIEGY:

• Positive Sentiment: The company raised its mid-term targets, offered a positive outlook and increased its dividend, supporting the case for continued growth and shareholder returns. RTTNews: Siemens Stock Gains On Strong Q4, Dividend Hike, Positive Outlook
• Neutral Sentiment: Siemens aims to accelerate growth without Healthineers, signaling a strategic focus on its remaining businesses; the longer-term effect will depend on execution. MarketScreener: Siemens aims to grow faster without Healthineers
• Negative Sentiment: Despite the strong results and raised mid-term targets, the latest headlines report shares falling. One potential concern is FY2027 EPS guidance of $5.87–$6.22, below the cited analyst consensus of $7.16, which may have tempered the upbeat reaction. Yahoo Finance: Siemens Stocks Fall After Record Orders and Raised Mid-Term Targets

Siemens Company Profile

Siemens AG is a global technology company focused on industry, infrastructure and mobility. Its products and services include factory automation and industrial software, building and energy-management systems, electrical equipment, and rail vehicles and infrastructure. Founded in Berlin in 1847 by Werner von Siemens and Johann Georg Halske, the company has grown from a telegraph business into an international engineering and technology group. Siemens serves customers across markets worldwide, including manufacturing, transportation, utilities and commercial buildings.