Siemens (OTCMKTS:SIEGY) Reaches New 1-Year High – Here’s What Happened

Shares of Siemens AG (OTCMKTS:SIEGY) hit a new 52-week high on Tuesday . The company traded as high as $167.2815 and last traded at $166.8250, with a volume of 16977 shares. The stock had previously closed at $163.30.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft restated 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 research note on Monday, July 6th. Evercore reaffirmed an “outperform” rating on shares of Siemens in a report on Friday, May 15th. Kepler Capital Markets upgraded shares of Siemens from a “strong sell” rating to a “hold” rating in a research report on Friday, July 3rd. Finally, HSBC upgraded Siemens from a “hold” rating to a “buy” rating in a report on Tuesday, April 28th. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Siemens Trading Up 2.1%

The business’s fifty day moving average price is $158.01 and its 200 day moving average price is $147.96. The company has a quick ratio of 1.16, a current ratio of 1.39 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $260.67 billion, a PE ratio of 28.24 and a beta of 1.39.

Siemens (OTCMKTS:SIEGY) last announced its quarterly earnings data 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 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 11.35%. Siemens has set its FY 2026 guidance at 6.510-6.685 EPS. As a group, analysts expect that Siemens AG will post 6.52 EPS for the current fiscal year.

Hedge Funds Weigh In On Siemens

A hedge fund recently raised its stake in Siemens stock. Ferguson Wellman Capital Management Inc. boosted its holdings in Siemens AG (OTCMKTS:SIEGY) by 0.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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 at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.75% of the company’s stock.

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.