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

Siemens AG (OTCMKTS:SIEGY) saw 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 volume of 174,604 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

Siemens Price Performance

Shares of SIEGY opened at $165.43 on Tuesday. The firm has a market capitalization of $258.73 billion, a price-to-earnings ratio of 28.03 and a beta of 1.39. The firm’s fifty day simple moving average is $158.88 and its 200-day simple moving average is $148.59. The company has a current ratio of 1.39, a quick ratio of 1.16 and a debt-to-equity ratio of 0.59. Siemens has a twelve month low of $115.56 and a twelve month high of $169.47.

Siemens (OTCMKTS:SIEGY) last announced its quarterly earnings results on Thursday, August 6th. The technology company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.50 by $0.19. The company had revenue of $24.02 billion for the quarter, compared to analyst estimates of $23.57 billion. Siemens had a net margin of 9.79% and a return on equity of 11.35%. Siemens has set its FY 2026 guidance at 6.510-6.685 EPS. Equities analysts forecast that Siemens will post 6.51 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Kepler Capital Markets upgraded Siemens from a “strong sell” rating to a “hold” rating in a research report on Friday, July 3rd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Siemens in a research report on Monday, August 3rd. Barclays reiterated an “underweight” rating on shares of Siemens in a report on Monday, July 6th. Evercore restated an “outperform” rating on shares of Siemens in a report on Friday, May 15th. Finally, Erste Group Bank raised shares of Siemens from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Siemens stock. Ferguson Wellman Capital Management Inc. boosted its stake in shares of Siemens AG (OTCMKTS:SIEGY) by 0.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 210,670 shares of the technology company’s stock after acquiring 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 filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 0.75% of the company’s stock.

About Siemens

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.