Siemens AG (OTCMKTS:SIEGY) Short Interest Down 45.6% in August

Key Points

• Siemens’ short interest fell 45.6% in August to 46,586 shares, representing 0.0% of shares outstanding and just 0.3 days to cover based on average trading volume.
• Analysts give Siemens an overall “Moderate Buy” rating, with one Strong Buy, five Buys, four Holds and one Sell recommendation.
• Siemens exceeded quarterly expectations, reporting $1.69 in EPS versus a $1.50 consensus estimate and $24.02 billion in revenue versus $23.57 billion expected; shares opened at $167.37, near their 52-week high.

Siemens AG (OTCMKTS:SIEGY - Get Free Report) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 46,586 shares, a decrease of 45.6% from the July 30th total of 85,565 shares. Based on an average daily trading volume, of 174,604 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company's stock are sold short.

Wall Street Analysts Forecast Growth

SIEGY has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Siemens in a research note on Monday, August 3rd. Kepler Capital Markets upgraded shares of Siemens from a "strong sell" rating to a "hold" rating in a report on Friday, July 3rd. Barclays reiterated an "underweight" rating on shares of Siemens in a research note on Monday, July 6th. Evercore reissued an "outperform" rating on shares of Siemens in a research note on Friday, May 15th. Finally, Erste Group Bank upgraded Siemens from a "hold" rating to a "strong-buy" rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Siemens currently has an average rating of "Moderate Buy".

Siemens Stock Up 0.1%

OTCMKTS:SIEGY opened at $167.37 on Friday. The company's 50-day simple moving average is $158.75 and its 200-day simple moving average is $148.55. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.16 and a current ratio of 1.39. Siemens has a fifty-two week low of $115.56 and a fifty-two week high of $169.47. The stock has a market capitalization of $261.77 billion, a P/E ratio of 28.36 and a beta of 1.39.

Siemens (OTCMKTS:SIEGY - Get Free Report) last announced its earnings results on Thursday, August 6th. The technology company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.19. The company had revenue of $24.02 billion during 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. On average, equities analysts anticipate that Siemens will post 6.51 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Siemens

A hedge fund recently raised its position in Siemens stock. Ferguson Wellman Capital Management Inc. grew its holdings in Siemens AG (OTCMKTS:SIEGY - Free Report) by 0.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor 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 at the end of the most recent reporting period. 0.75% of the stock is owned by institutional investors.

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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