Siemens AG (OTCMKTS:SIEGY) Short Interest Down 47.3% in August

Siemens AG (OTCMKTS:SIEGY) was the recipient of a large decrease in short interest during the month of 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 trading volume, of 234,582 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on SIEGY shares. Erste Group Bank upgraded Siemens from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 27th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Siemens in a research note on Monday, August 3rd. Barclays restated an “underweight” rating on shares of Siemens in a research note on Monday, July 6th. 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 equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Siemens Stock Down 1.1%

Shares of OTCMKTS SIEGY opened at $149.96 on Wednesday. The company has a quick ratio of 1.18, a current ratio of 1.44 and a debt-to-equity ratio of 0.55. The company has a market cap of $234.54 billion, a P/E ratio of 25.41, a P/E/G ratio of 12.85 and a beta of 1.38. Siemens has a 52 week low of $115.56 and a 52 week high of $169.47. The business has a 50-day simple moving average of $158.66 and a two-hundred day simple moving average of $149.31.

Siemens (OTCMKTS:SIEGY) last announced its quarterly earnings results on Thursday, August 6th. The technology company reported $1.69 earnings per share (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 net margin of 9.79% and a return on equity of 11.13%. Siemens has set its FY 2026 guidance at 6.510-6.685 EPS. Research analysts anticipate that Siemens will post 6.52 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Siemens stock. Ferguson Wellman Capital Management Inc. boosted its holdings in shares of Siemens AG (OTCMKTS:SIEGY) by 0.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 210,670 shares of the technology company’s stock after buying 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. Institutional investors and hedge funds own 0.75% of the company’s stock.

About Siemens

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.