SIEGY - Siemens Aktiengesellschaft

Other OTC - Other OTC Delayed Price. Currency in USD
63.19
+0.30 (+0.48%)
At close: 3:59PM EDT
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Previous Close62.89
Open0.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range0.00 - 0.00
52 Week Range
Volume0
Avg. Volume133,540
Market Cap108.734B
Beta1.41
PE Ratio (TTM)13.22
EPS (TTM)4.78
Earnings DateN/A
Forward Dividend & Yield2.30 (3.40%)
Ex-Dividend Date2018-02-01
1y Target Est79.89
Trade prices are not sourced from all markets
  • Siemens lifts profit goals under new 'Vision' strategy
    Reuters Videos13 days ago

    Siemens lifts profit goals under new 'Vision' strategy

    German trains-to-turbines group Siemens has launched its biggest strategy overhaul in four years, aimed at making it more nimble and profitable in the digital industrial age beyond the reign of current Chief Executive Joe Kaeser. Thuy Ong reports.

  • Siemens CEO Kaeser on Earnings, Business Overhaul, Trade
    Bloomberg Video13 days ago

    Siemens CEO Kaeser on Earnings, Business Overhaul, Trade

    Aug.02 -- Siemens AG Chief Executive Officer Joe Kaeser discusses earnings and plans to streamline operations at Europe’s biggest engineering company. He also comments on the impact of trade tariffs in an interview on "Bloomberg Daybreak: Europe."

  • Novartis recruits new compliance head from Siemens after ethics stumbles
    Reuters19 hours ago

    Novartis recruits new compliance head from Siemens after ethics stumbles

    Novartis (NOVN.S) has recruited a new chief ethics officer from Siemens (SIEGn.DE) after costly bribery scandals and a disputed $1.2 million (938,673.3 pounds) contract with President Donald Trump's former lawyer that the Swiss drugmaker now calls a mistake. Novartis said on Tuesday it had hired Klaus Moosmayer, 49, from Siemens, where he spent more than a decade helping oversee the German engineering company's efforts to build its compliance system after several of its own bribery scandals. Novartis Chief Executive Vas Narasimhan, promoted on Feb. 1 to lead the Basel-based company, has promised to boost its reputation following settlements or fines in corruption cases in China, South Korea and the United States.

  • Novartis recruits new compliance head from Siemens after ethics stumbles
    Reuters19 hours ago

    Novartis recruits new compliance head from Siemens after ethics stumbles

    Novartis (NOVN.S) has recruited a new chief ethics officer from Siemens (SIEGn.DE) after costly bribery scandals and a disputed $1.2 million contract with President Donald Trump's former lawyer that the Swiss drugmaker now calls a mistake. Novartis said on Tuesday it had hired Klaus Moosmayer, 49, from Siemens, where he spent more than a decade helping oversee the German engineering company's efforts to build its compliance system after several of its own bribery scandals. Novartis Chief Executive Vas Narasimhan, promoted on Feb. 1 to lead the Basel-based company, has promised to boost its reputation following settlements or fines in corruption cases in China, South Korea and the United States.

  • Reuters2 days ago

    Vietnam's Vinfast in deal with Siemens for technology to make electric buses

    VinFast Trading and Production LLC has signed two contracts with Siemens Vietnam, a unit of Siemens AG (SIEGn.DE), for the supply of technology and components to manufacture electric buses in the Southeast Asian country. VinFast, a unit of Vietnam's biggest private conglomerate, Vingroup JSC (VIC.HM), said on Monday the deals will enable it to launch the first electric bus by the end of 2019. "Electric buses are an essential element of sustainable urban public transportation systems," Siemens Vietnam President and CEO Pham Thai Lai said in the statement.

  • Vietnam's Vinfast in deal with Siemens for technology to make electric buses
    Reuters2 days ago

    Vietnam's Vinfast in deal with Siemens for technology to make electric buses

    VinFast Trading and Production LLC has signed two contracts with Siemens Vietnam, a unit of Siemens AG, for the supply of technology and components to manufacture electric buses in the Southeast Asian country. VinFast, a unit of Vietnam's biggest private conglomerate, Vingroup JSC, said on Monday the deals will enable it to launch the first electric bus by the end of 2019. "Electric buses are an essential element of sustainable urban public transportation systems," Siemens Vietnam President and CEO Pham Thai Lai said in the statement.

  • The Wall Street Journal6 days ago

    [$$] Upstart Poaches GE Executives as It Chases Predix Customers

    Co. looks to shed parts of its software unit, smaller competitors see an opportunity to challenge the conglomerate in a business it had hoped to dominate—using data to improve the performance of industrial machines. One startup, Uptake Technologies Inc., has hired several executives from GE this year as it chases after GE’s existing customers. The Chicago startup is one of several looking to use industrial data culled from sensors embedded in machines like wind turbines and locomotives.

  • Is Siemens Limited (NSE:SIEMENS) Potentially Underrated?
    Simply Wall St.7 days ago

    Is Siemens Limited (NSE:SIEMENS) Potentially Underrated?

    I’ve been keeping an eye on Siemens Limited (NSE:SIEMENS) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe SIEMENSRead More...

  • The Wall Street Journal12 days ago

    [$$] Siemens Acquires Mendix for $730 Million

    Siemens AG agreed to acquire Mendix Inc., an application developer backed by Battery Ventures and Prime Ventures, for $730 million.

  • Is Siemens (SIEGY) Stock Undervalued Right Now?
    Zacks13 days ago

    Is Siemens (SIEGY) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Reuters13 days ago

    Siemens CEO Kaeser plays his last card on strategy

    German trains-to-turbines group Siemens launched its biggest strategy overhaul in four years, aimed at making it more nimble and profitable in the digital industrial age beyond the reign of current Chief Executive Joe Kaeser. Siemens reported industrial profit slightly ahead of expectations in the three months to the end of June, helped by another strong performance by its Digital Factory industrial automation unit that compensated for a slump in power and gas. Siemens shares fell 4.8 percent to the bottom of Germany's blue-chip DAX as analysts asked whether the measures, designed to lift profitability by 2 percentage points from the company's current 11-12 percent target, were ambitious enough.

  • Siemens sees lower profit, but books more big-ticket orders
    Associated Press13 days ago

    Siemens sees lower profit, but books more big-ticket orders

    FRANKFURT, Germany (AP) — Industrial equipment and technology company Siemens saw net profit fall 14 percent in the most recent quarter as higher taxes and lagging profits at its oil and gas business weighed on earnings.

  • Siemens CEO: Trade debate will likely affect investment plans
    CNBC13 days ago

    Siemens CEO: Trade debate will likely affect investment plans

    The firm’s share price fell Thursday after it missed its third quarter sales target.

  • TheStreet.com13 days ago

    Siemens Shares Slide as Earnings Signal Cracks in New Corporate Strategy

    shares fell to the bottom of the market in Germany Thursday after the engineering group posted quarterly earnings that were largely in-line with expectations, but unveiled a new business strategy that will reduce its number of business units. Siemens said industrial profits for the three months ending in June, the company's fiscal third quarter, rose 2% from the same period last year to €2.21 billion ($2.6 billion), while sale fell 4% to come in at €20.47 billion, narrowly missing analysts' forecasts.

  • Siemens CEO Kaeser on Earnings, Business Overhaul, Trade
    Bloomberg13 days ago

    Siemens CEO Kaeser on Earnings, Business Overhaul, Trade

    Siemens AG Chief Executive Officer Joe Kaeser discusses earnings and plans to streamline operations at Europe’s biggest engineering company. He also comments on the impact of trade tariffs in an interview ...

  • Financial Times13 days ago

    [$$] Siemens chief pledges social stability at ailing divisions

    chief executive Joe Kaeser said he knew the company’s latest restructuring effort was likely to disappoint investors but that his responsibilities extended beyond short-term financial gains and must account for the interests of workers and society. Third-quarter industrial business profits rose 2 per cent from a year ago, to €2.2bn, on revenues that fell 4 per cent to €20.5bn.

  • Reuters13 days ago

    Siemens Chief Tech Officer Busch to become Chief Operating Officer

    Siemens (SIEGn.DE) on Thursday said it was making its Chief Technology Officer Roland Busch its Chief Operating Officer, a signal he could eventually replace Chief Executive Joe Kaeser. Siemens also said it wanted to extend the contract of Lisa Davis, the boss of its struggling power and gas division, which runs out at the end of July 2019. The supervisory board will discuss the personnel matters relating to Davis at one of its regular meetings in the late autumn, Siemens said.

  • The Wall Street Journal13 days ago

    [$$] Siemens AG's Profit Hit by Higher Tax Rate

    Siemens AG said Thursday that its third-quarter earnings dropped slightly on year, weighed down by a substantially higher tax rate and weak profitability at its power-and-gas unit.

  • CNBC13 days ago

    European stocks lower ahead of Bank of England rate decision; Siemens down 4%

    European markets moved sharply lower Thursday morning, ahead of a Bank of England meeting, which is expected to deliver a rate hike despite uncertainty over Brexit.

  • Financial Times13 days ago

    [$$] Siemens: holding pattern

    Mr Kaeser, a Siemens lifer who became chief executive in 2013, has already pared back the once-sprawling business. There will be three operating companies — gas and power, infrastructure and digital industries — as well as a trio of majority-owned health, wind energy and rail businesses. The surgery announced by rival GE — also struggling with disruption to its flagship power business — has been more dramatic.

  • Siemens acquires low-code platform Mendix for $700M
    TechCrunch13 days ago

    Siemens acquires low-code platform Mendix for $700M

    Siemens, the giant German technology company, today announced that it has acquired Mendix, the popular low-code application development platform, for €0.6 billion (or about $700 million). Mendix, which was founded in the Netherlands but now has its headquarters in Boston, will continue to operate as usual and keep its name, but Siemens notes that it will also use the company's technology to accelerate its own cloud, IoT and digital enterprise ambitions. "As part of our digitalization strategy, Siemens continues to invest in software offerings for the Digital Enterprise.

  • Reuters13 days ago

    Siemens lifts profit goals under new Vision 2020+ strategy

    Siemens (SIEGn.DE) unveiled its new Vision 2020+ strategy on Wednesday - a move designed to boost the German engineering group's profitability in an era where sprawling conglomerates are increasingly unloved by investors. The overhaul - which sees its five industrial divisions combined into three operating companies - is designed to simplify the trains to turbine company and make its structure leaner. Under the changes, Siemens, which is due to report its latest earnings on Thursday, said it expects to increase the annual growth rate and profit margin of its industrial business by two percent over the medium term - defined as the next three to five years.

  • Siemens lifts profit goals under new Vision 2020+ strategy
    Reuters13 days ago

    Siemens lifts profit goals under new Vision 2020+ strategy

    Siemens (SIEGn.DE) unveiled its new Vision 2020+ strategy on Wednesday - a move designed to boost the German engineering group's profitability in an era where sprawling conglomerates are increasingly unloved by investors. The overhaul - which sees its five industrial divisions combined into three operating companies - is designed to simplify the trains to turbine company and make its structure leaner. Under the changes, Siemens, which is due to report its latest earnings on Thursday, said it expects to increase the annual growth rate and profit margin of its industrial business by two percent over the medium term - defined as the next three to five years.

  • Siemens Big-Bang Overhaul Puts Off Tough Decisions Until Later
    Bloomberg13 days ago

    Siemens Big-Bang Overhaul Puts Off Tough Decisions Until Later

    Siemens AG Chief Executive Officer Joe Kaeser’s most sweeping overhaul in years failed to impress investors, who say Europe’s biggest engineering company needs to get out of struggling businesses to avoid the fate of its beleaguered rival, General Electric Co. The Munich-based company detailed a plan Thursday to shrink the number of operating divisions to three from five as it focuses on factory software and energy distribution.

  • TheStreet.com14 days ago

    Why Drive a Tesla When You Can Drive a Natural Gas-Powered Vehicle?

    While electric cars may seem the latest fad, with Tesla, Inc. and Elon Musk, the new Thomas Edison infused with Jules Verne's tales, these vehicles are pretty much "coal cars" since 30% of the U.S. electricity generation is powered by dirty, pollutant thermal coal. While the U.S. is in the slow process to phase out of coal-fired power generation, it will still be some years before that coal-fired electricity supply can be replaced by cleaner fuels, such as natural gas.