Siemens AG (OTCMKTS:SIEGY – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $157.88 and traded as high as $164.47. Siemens shares last traded at $163.65, with a volume of 94,748 shares trading hands.
Analysts Set New Price Targets
SIEGY has been the subject of several research reports. Barclays reissued an “underweight” rating on shares of Siemens in a research report on Monday, July 6th. HSBC upgraded Siemens from a “hold” rating to a “buy” rating in a report on Tuesday, April 28th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Siemens in a report on Monday, August 3rd. Evercore reiterated an “outperform” rating on shares of Siemens in a report on Friday, May 15th. Finally, Kepler Capital Markets raised shares of Siemens from a “strong sell” rating to a “hold” rating in a research note on Friday, July 3rd. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.
View Our Latest Report on SIEGY
Siemens Trading Up 1.8%
Siemens (OTCMKTS:SIEGY – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The technology company reported $1.69 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.19. The firm had revenue of $24.02 billion during the quarter, compared to analysts’ expectations 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. Analysts forecast that Siemens AG will post 6.52 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Siemens
An institutional investor recently raised its position in Siemens stock. Ferguson Wellman Capital Management Inc. boosted its stake in shares of Siemens AG (OTCMKTS:SIEGY – Free Report) by 0.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 210,670 shares of the technology company’s stock after purchasing an additional 655 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in Siemens were worth $33,899,000 at the end of the most recent reporting period. Institutional investors and hedge funds 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.
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