Short Interest in Siemens AG (OTCMKTS:SIEGY) Decreases By 45.6%

Siemens AG (OTCMKTS:SIEGY) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 46,586 shares, a drop of 45.6% from the July 30th total of 85,565 shares. Based on an average daily volume of 174,604 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Trading of Siemens

An institutional investor recently raised its stake in Siemens stock. Ferguson Wellman Capital Management Inc. lifted its stake in shares of Siemens AG (OTCMKTS:SIEGY) by 0.3% in the second quarter, according to 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 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 (SEC). Institutional investors own 0.75% of the company’s stock.

Siemens Price Performance

OTCMKTS:SIEGY traded down $1.97 on Monday, hitting $165.40. The company had a trading volume of 124,459 shares, compared to its average volume of 206,401. The firm has a 50 day moving average of $158.75 and a two-hundred day moving average of $148.51. The stock has a market capitalization of $258.69 billion, a price-to-earnings ratio of 28.02 and a beta of 1.39. Siemens has a 52 week low of $115.56 and a 52 week high of $169.47. The company has a current ratio of 1.39, a quick ratio of 1.16 and a debt-to-equity ratio of 0.59.

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 the consensus estimate of $1.50 by $0.19. Siemens had a net margin of 9.79% and a return on equity of 11.35%. The company had revenue of $24.02 billion during the quarter, compared to the consensus estimate of $23.57 billion. Siemens has set its FY 2026 guidance at 6.510-6.685 EPS. On average, research analysts anticipate that Siemens will post 6.51 earnings per share for the current year.

Analysts Set New Price Targets

SIEGY has been the subject of a number of recent analyst reports. Erste Group Bank upgraded Siemens from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Barclays reiterated an “underweight” rating on shares of Siemens in a research note on Monday, July 6th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Siemens in a research report on Monday, August 3rd. Evercore reiterated an “outperform” rating on shares of Siemens in a research report on Friday, May 15th. Finally, Kepler Capital Markets upgraded shares of Siemens from a “strong sell” rating to a “hold” rating in a research report on Friday, July 3rd. One 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 issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

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.