Siemens (OTCMKTS:SIEGY) Downgraded by Vertical Research to Hold

Key Points

• Vertical Research downgraded Siemens from “strong buy” to “hold,” and MarketBeat’s analyst consensus is also “hold,” with ratings split among buys, holds, and sells.
• Siemens shares fell 0.6% to $154.09 in Thursday midday trading.
• Recent results were strong: fourth-quarter earnings and revenue topped estimates, orders rose 58% to a record €38.5 billion, and Siemens raised mid-term targets and its dividend. However, reported FY2027 EPS guidance was below the cited analyst consensus.

Siemens (OTCMKTS:SIEGY - Get Free Report) was downgraded by equities research analysts at Vertical Research from a "strong-buy" rating to a "hold" rating in a research report issued on Thursday, Zacks reports.

SIEGY has been the subject of a number of other reports. Erste Group Bank raised Siemens from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 27th. Evercore lowered Siemens from an "outperform" rating to a "hold" rating in a report on Friday, October 2nd. Zacks Research cut Siemens from a "hold" rating to a "strong sell" rating in a research note on Monday, October 26th. Deutsche Bank restated a "hold" rating on shares of Siemens in a report on Monday, August 3rd. Finally, Jefferies Financial Group lowered Siemens from a "buy" rating to a "hold" rating in a research report on Thursday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, Siemens currently has a consensus rating of "Hold".

Siemens Stock Down 0.6%

SIEGY traded down $0.91 during midday trading on Thursday, hitting $154.09. The company had a trading volume of 104,019 shares, compared to its average volume of 184,492. The stock's 50 day moving average price is $152.47 and its 200 day moving average price is $149.82. Siemens has a 52 week low of $115.56 and a 52 week high of $169.47. The company has a market capitalization of $241.00 billion, a price-to-earnings ratio of 24.49, a PEG ratio of 10.28 and a beta of 1.47. The company has a quick ratio of 1.18, a current ratio of 1.44 and a debt-to-equity ratio of 0.55.

Hedge Funds Weigh In On Siemens

An institutional investor recently raised its stake in Siemens stock. Ferguson Wellman Capital Management Inc. raised its stake in shares of Siemens AG (OTCMKTS:SIEGY - Free Report) by 0.3% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 210,670 shares of the technology company's stock after purchasing 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 SEC filing. Hedge funds and other institutional investors own 0.75% of the company's stock.

Latest Siemens News

Here's some of the latest news about SIEGY:

• Positive Sentiment: Fourth-quarter EPS was $1.62 versus a $1.59 consensus, while revenue of $26.28 billion topped estimates of $26.12 billion. Siemens also reported record orders, up 58% to €38.5 billion, and double-digit revenue growth in Smart Infrastructure and Digital Industries. Reuters: Siemens posts Q4 profit above forecasts, raises mid-term guidance
• Positive Sentiment: The company raised its mid-term targets, offered a positive outlook and increased its dividend, supporting the case for continued growth and shareholder returns. RTTNews: Siemens Stock Gains On Strong Q4, Dividend Hike, Positive Outlook
• Negative Sentiment: Despite the strong results and raised mid-term targets, the latest headlines report shares falling. One potential concern is FY2027 EPS guidance of $5.87–$6.22, below the cited analyst consensus of $7.16, which may have tempered the upbeat reaction. Yahoo Finance: Siemens Stocks Fall After Record Orders and Raised Mid-Term Targets

About Siemens

Siemens AG is a global technology company focused on industry, infrastructure and mobility. Its products and services include factory automation and industrial software, building and energy-management systems, electrical equipment, and rail vehicles and infrastructure. Founded in Berlin in 1847 by Werner von Siemens and Johann Georg Halske, the company has grown from a telegraph business into an international engineering and technology group. Siemens serves customers across markets worldwide, including manufacturing, transportation, utilities and commercial buildings.

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