Shares of Siemens AG (OTCMKTS:SIEGY – Get Free Report) have received an average recommendation of “Moderate Buy” from the eleven brokerages that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company.
Several analysts have commented on SIEGY shares. Barclays reissued an “underweight” rating on shares of Siemens in a report on Monday, July 6th. Erste Group Bank upgraded Siemens from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 27th. Kepler Capital Markets raised shares of Siemens from a “strong sell” rating to a “hold” rating in a report on Friday, July 3rd. Evercore reaffirmed an “outperform” rating on shares of Siemens in a report on Friday, May 15th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Siemens in a research report on Monday, August 3rd.
Get Our Latest Research Report on Siemens
Siemens Stock Performance
Siemens (OTCMKTS:SIEGY – Get Free Report) last posted its 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 business had revenue of $24.02 billion for the quarter, compared to analyst estimates of $23.57 billion. Siemens has set its FY 2026 guidance at 6.510-6.685 EPS. On average, research analysts predict that Siemens will post 6.51 earnings per share for the current year.
Hedge Funds Weigh In On Siemens
An institutional investor recently raised its stake in Siemens stock. Ferguson Wellman Capital Management Inc. lifted its position in Siemens AG (OTCMKTS:SIEGY – Free Report) by 0.3% during 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 period. 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). 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.
Featured Articles
- Five stocks we like better than Siemens
- 3 Under-the-Radar Defense Stocks With Record Backlogs
- This Korea ETF Has Soared, But the Rally May Not Be Over
- Why Guidewire’s Post-Earnings Plunge May Not Last
- Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
Receive News & Ratings for Siemens Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Siemens and related companies with MarketBeat.com's FREE daily email newsletter.
