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

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

Wall Street Analyst Weigh In

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

Siemens Price Performance

Shares of OTCMKTS:SIEGY opened at $151.58 on Tuesday. Siemens has a twelve month low of $115.56 and a twelve month high of $169.47. The stock’s 50 day moving average is $158.74 and its 200-day moving average is $149.28. 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 firm has a market capitalization of $237.07 billion, a price-to-earnings ratio of 25.68, a PEG ratio of 13.00 and a beta of 1.38.

Siemens (OTCMKTS:SIEGY) last posted its quarterly earnings results on Thursday, August 6th. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.19. The business had revenue of $24.02 billion during 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. Sell-side analysts forecast that Siemens will post 6.52 EPS for the current fiscal year.

Institutional Investors Weigh In On Siemens

An institutional investor recently raised its stake in Siemens stock. Ferguson Wellman Capital Management Inc. grew its position in Siemens AG (OTCMKTS:SIEGY) by 0.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (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 at the end of the most recent reporting period. 0.75% of the stock is owned by hedge funds and other institutional investors.

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.