Siemens (OTCMKTS:SIEGY) Stock Rating Lowered by Jefferies Financial Group

Siemens (OTCMKTS:SIEGY) was downgraded by Jefferies Financial Group from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday, Briefing.com reports.

A number of other analysts have also recently weighed in on the company. Deutsche Bank Aktiengesellschaft reiterated 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 report on Monday, July 6th. Kepler Capital Markets upgraded shares of Siemens from a “strong sell” rating to a “hold” rating in a research note on Friday, July 3rd. Erste Group Bank raised shares of Siemens from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 27th. Finally, Evercore cut shares of Siemens from an “outperform” rating to a “hold” rating in a research report on Friday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Siemens Price Performance

OTCMKTS SIEGY traded down $2.31 on Thursday, reaching $150.37. The company’s stock had a trading volume of 112,199 shares, compared to its average volume of 197,122. The firm has a market cap of $235.18 billion, a PE ratio of 25.48, a price-to-earnings-growth ratio of 10.38 and a beta of 1.41. The business has a 50-day moving average price of $157.85 and a 200 day moving average price of $153.05. Siemens has a 52 week low of $115.56 and a 52 week high of $169.47. The company has a current ratio of 1.44, a quick ratio of 1.18 and a debt-to-equity ratio of 0.55.

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, topping the consensus estimate of $1.50 by $0.19. The firm had revenue of $24.02 billion during the quarter, compared to analyst estimates 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 expect that Siemens will post 6.34 EPS for the current year.

Institutional Trading of Siemens

A hedge fund recently raised its stake in Siemens stock. Ferguson Wellman Capital Management Inc. increased its stake in Siemens AG (OTCMKTS:SIEGY) by 0.3% in the 2nd quarter, according to its most recent 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 as of its most recent SEC filing. 0.75% of the stock is currently owned by institutional investors and hedge funds.

Siemens Company Profile

Siemens AG is a German technology company that provides products, software and services for industry, infrastructure, mobility and healthcare. Its offerings include industrial automation and control systems, manufacturing software, building-management and electrification technologies, energy distribution equipment, rail vehicles and transportation infrastructure, and digital solutions designed to improve operational efficiency and sustainability.

The company operates through businesses including Digital Industries, Smart Infrastructure and Mobility.