Siemens (OTCMKTS:SIEGY) Reaches New 1-Year High – What’s Next?

Siemens AG (OTCMKTS:SIEGYGet Free Report)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $167.2815 and last traded at $166.8250, with a volume of 16977 shares. The stock had previously closed at $163.30.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Evercore reiterated an “outperform” rating on shares of Siemens in a research note on Friday, May 15th. Barclays restated an “underweight” rating on shares of Siemens in a research report on Monday, July 6th. Kepler Capital Markets upgraded shares of Siemens from a “strong sell” rating to a “hold” rating in a research report on Friday, July 3rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Siemens in a research note on Monday, August 3rd. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold”.

View Our Latest Stock Report on Siemens

Siemens Trading Up 0.3%

The firm’s 50 day simple moving average is $158.41 and its 200-day simple moving average is $148.28. The company has a quick ratio of 1.16, a current ratio of 1.39 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $262.05 billion, a PE ratio of 28.39 and a beta of 1.39.

Siemens (OTCMKTS:SIEGYGet Free Report) last issued its quarterly earnings data on Thursday, August 6th. The technology company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.50 by $0.19. The company had revenue of $24.02 billion for the quarter, compared to analysts’ expectations of $23.57 billion. Siemens had a return on equity of 11.35% and a net margin of 9.79%.Siemens has set its FY 2026 guidance at 6.510-6.685 EPS. As a group, equities research analysts anticipate that Siemens AG will post 6.52 EPS for the current year.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Siemens stock. Ferguson Wellman Capital Management Inc. raised its holdings in Siemens AG (OTCMKTS:SIEGYFree Report) by 0.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor 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 owned by institutional investors and hedge funds.

About Siemens

(Get Free Report)

Siemens AG is a German multinational conglomerate headquartered in Munich that develops and sells infrastructure and industrial technology. The company’s activities cover a broad range of engineering and technology solutions, including industrial automation and control systems, software for product lifecycle and factory automation, building and energy management systems, and transportation solutions such as rolling stock and rail signaling. Siemens serves industrial, commercial and public-sector customers with products and turnkey systems as well as lifecycle services and digital solutions.

Siemens operates through multiple business units that emphasize digitalization, electrification and automation across industries.

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