Siemens AG (OTCMKTS:SIEGY) Short Interest Down 45.6% in August

Siemens AG (OTCMKTS:SIEGY) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 46,586 shares, a decline of 45.6% from the July 30th total of 85,565 shares. Based on an average daily trading volume, of 174,604 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on SIEGY shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Siemens in a research note on Monday, August 3rd. Evercore reissued an “outperform” rating on shares of Siemens in a report on Friday, May 15th. Barclays reaffirmed an “underweight” rating on shares of Siemens in a report on Monday, July 6th. Kepler Capital Markets upgraded Siemens from a “strong sell” rating to a “hold” rating in a research report on Friday, July 3rd. Finally, Erste Group Bank raised shares of Siemens from a “hold” rating to a “strong-buy” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Hedge Funds Weigh In On Siemens

A hedge fund recently raised its position in Siemens stock. Ferguson Wellman Capital Management Inc. grew its position in shares of Siemens AG (OTCMKTS:SIEGY) by 0.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 210,670 shares of the technology company’s stock after purchasing 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. Institutional investors and hedge funds own 0.75% of the company’s stock.

Siemens Price Performance

Shares of SIEGY opened at $167.37 on Friday. The business’s 50-day moving average is $158.75 and its two-hundred day moving average is $148.55. The company has a market capitalization of $261.77 billion, a P/E ratio of 28.36 and a beta of 1.39. Siemens has a fifty-two week low of $115.56 and a fifty-two week high of $169.47. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.16 and a current ratio of 1.39.

Siemens (OTCMKTS:SIEGY) last issued its earnings results 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 firm had revenue of $24.02 billion for the quarter, compared to the consensus estimate 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. Research analysts predict that Siemens will post 6.51 earnings per share for the current year.

Siemens Company Profile

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.