Siemens (OTCMKTS:SIEGY) Rating Increased to Strong-Buy at Erste Group Bank

Erste Group Bank upgraded shares of Siemens (OTCMKTS:SIEGY) from a hold rating to a strong-buy rating in a report released on Thursday,Zacks.com reports.

Other research analysts have also recently issued research reports about the stock. Barclays reiterated an “underweight” rating on shares of Siemens in a research note on Monday, July 6th. Evercore reaffirmed an “outperform” rating on shares of Siemens in a report on Friday, May 15th. Kepler Capital Markets raised Siemens from a “strong sell” rating to a “hold” rating in a report on Friday, July 3rd. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Siemens in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Siemens Trading Up 0.1%

Shares of OTCMKTS:SIEGY opened at $167.37 on Thursday. The stock’s 50-day simple moving average is $158.75 and its two-hundred day simple moving average is $148.55. The stock has a market capitalization of $261.77 billion, a price-to-earnings ratio of 28.36 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 debt-to-equity ratio of 0.59, a quick ratio of 1.16 and a current ratio of 1.39.

Siemens (OTCMKTS:SIEGY) last released its quarterly earnings results on Thursday, August 6th. The technology company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.50 by $0.19. The firm had revenue of $24.02 billion during the quarter, compared to analyst estimates 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 expect that Siemens will post 6.52 EPS for the current 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) by 0.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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 & Exchange Commission. 0.75% of the stock is owned by institutional investors and hedge funds.

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.