Siemens Aktiengesellschaft (SIEGY)

OTCMKTS: SIEGY · Delayed Price · USD
94.22
-1.08 (-1.13%)
Jul 2, 2024, 3:59 PM EDT - Market closed
Market Cap 148.82B
Revenue (ttm) 83.69B
Net Income (ttm) 8.69B
Shares Out 1.58B
EPS (ttm) 2.46
PE Ratio 19.45
Forward PE 16.29
Dividend $2.56 (2.71%)
Ex-Dividend Date Feb 9, 2024
Volume 8,441
Open 93.63
Previous Close 95.30
Day's Range 93.63 - 94.22
52-Week Range 63.31 - 102.81
Beta 1.26
Analysts n/a
Price Target n/a
Earnings Date Aug 10, 2023

About SIEGY

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments. The Digital Industries segment provides automation systems and software for factories, numerical control systems, servo motors, drives and inverters, and integrated automation systems for machine to... [Read more]

Sector Industrials
Founded 1847
Employees 320,000
Stock Exchange OTCMKTS
Ticker Symbol SIEGY
Full Company Profile

Financial Performance

In 2023, SIEGY's revenue was 77.77 billion, an increase of 8.05% compared to the previous year's 71.98 billion. Earnings were 8.53 billion, an increase of 94.19%.

Financial numbers in EUR Financial Statements

News

German giant Siemens to revive historic base in Berlin

German industrial giant Siemens on Tuesday launched an urban development project worth 4.5 billion euros ($4.8 billion) in the area of Berlin known as Siemensstadt, where the company enjoyed its pre-w...

7 days ago - TechXplore

Siemens CEO: We're spending more in R&D than our peers, integrating AI faster than anyone else

Roland Busch, Siemens CEO, joins  'Closing Bell Overtime' to talk its automation outlook, how it's benefiting from AI, combating competitive risk in the industrial space and more.

4 weeks ago - CNBC Television

India Is Building More Roads. 7 Stocks to Buy.

Infrastructure is key to the prime minister's ambitions to make India a global manufacturing center.

Other symbols: HDBIBN
4 weeks ago - Barrons

Siemens Gamesa to cut 4,100 jobs in overhaul, CEO says in staff letter

Siemens Energy's troubled wind division Siemens Gamesa is planning to cut 4,100 jobs, or around 15% of its staff, the unit's CEO Jochen Eickholt said in an internal letter to staff seen by Reuters.

5 weeks ago - Reuters

ABB buys Siemens's wiring accessories business in China

ABB has agreed to buy the wiring accessories business of German rival Siemens in China, the Swiss engineering group said on Friday.

6 weeks ago - Reuters

Siemens Gamesa's CEO-designate eyes onshore wind development to fix quality problems

The designated boss of Siemens Energy's troubled wind turbine division will review whether onshore product cycles should be longer, suggesting that current development time may be too short.

6 weeks ago - Reuters

'No doubt' that China will come back, but may take several quarters, Siemens CEO says

Roland Busch, CEO at Siemens discusses the company's latest results and the outlook for the business in China.

6 weeks ago - CNBC International TV

U.S. tariffs on China have no direct impact on Siemens, CEO says

Siemens CEO Roland Busch weighs in on U.S. tariffs on Chinese products and the impact on the German technology company.

6 weeks ago - CNBC International TV

Siemens to sell electrical motors business to KPS

German industrial giant Siemens said Thursday it will sell its electrical motors business Innomotics to private US equity firm KPS Capital Partners for 3.5 billion euros ($3.8 billion).

6 weeks ago - TechXplore

Siemens to Sell Innomotics to KPS Capital Partners for $3.8 Billion

Siemens agreed to sell its Innomotics large motors business to private-equity firm KPS Capital Partners, the latest move by the German industrial giant to reshuffle its portfolio.

6 weeks ago - WSJ

Siemens posts industrial profit drop as automation division slows

German technology giant Siemens on Thursday reported a a decline in earnings in the first three months of 2024 and said its automation division had slowed.

6 weeks ago - CNBC

KPS CAPITAL PARTNERS TO ACQUIRE INNOMOTICS FROM SIEMENS AG

A GLOBAL LEADER IN ELECTRIC MOTORS AND LARGE DRIVES NEW YORK , May 16, 2024 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has signed a def...

6 weeks ago - PRNewsWire

Siemens to sell drive division to KPS for $3 billion, reports Handelsblatt

Germany's Siemens is to sell its drive division to financial investor KPS for 3 billion euros ($3.25 billion), business daily Handelsblatt reported on Wednesday, citing financial sources.

6 weeks ago - Reuters

Siemens pension funds cuts Siemens Energy stake to below 10%, filing shows

Siemens AG's pension fund has cut its stake in Siemens Energy by nearly 3%, a filing showed on Tuesday.

2 months ago - Reuters

Meet Europe's Mag 18. Novo Nordisk Stock, ASML, and Others Can Rival the Mag Seven.

The Mag Seven stocks have powered gains in the U.S. market. Now, the hunt is on for an equivalent group of outperformers elsewhere.

3 months ago - Barrons

The Seven Wonders of Europe adds to bull market in acronyms

Forget AI plays, meme stocks, gold, even cocoa futures — the biggest bull market right now is in equity acronyms.

Other symbols: ASMLNVOSAP
3 months ago - Market Watch

Siemens to acquire drive technology division from ebm-papst

Siemens plans to acquire ebm-papst's industrial drive technology division as the German conglomerate seeks to expand it factory automation business, both firms said on Thursday.

3 months ago - Reuters

Siemens shares drop as CFO says China difficulties continue

Shares of Siemens AG slumped Tuesday as the company's chief financial officer said it's still struggling in China.

3 months ago - Market Watch

Siemens to continue winding down Siemens Energy stake, keep majority in Healthineers

Siemens intends to remain majority shareholder in Siemens Healthineers and also continue to reduce its holding in Siemens Energy , Siemens AG CEO Roland Busch said on Thursday.

5 months ago - Reuters

Siemens CEO: There are multiple reasons for weakness in China business

Siemens CEO Roland Busch discusses the challenges the German conglomerate is facing in China and how the situation may be improved in 2024.

5 months ago - CNBC International TV

Siemens First Quarter Beats Guidance

Siemens confirmed its outlook for 2024 after it reported an increase in profit for the first quarter, reflecting earnings growth across most of its businesses.

5 months ago - WSJ

Siemens CEO to get second term after contract ends - Handelsblatt

Siemens shareholder and employee representatives want to extend the contract of Chief Executive Roland Busch and offer him a second term in office, German business daily Handelsblatt reported on Tuesd...

5 months ago - Reuters

Siemens US Is Expanding Footprint

Siemens US Chief Executive Officer Barbara Humpton discusses the company's plans to invest $510 million to expand its US manufacturing capacity and build a new electrical-equipment plant in Texas as p...

6 months ago - Bloomberg Technology

India's Siemens to explore energy business spin-off, shares jump to record high

India's Siemens Ltd will explore a spin-off of its energy business at the behest of some of its stakeholders, the electrical appliances-maker said on Monday, sending its shares to a record high.

7 months ago - Reuters

Siemens nets record profits, but outlook cautious

German industrial giant Siemens on Thursday gave a cautious sales forecast for 2024, after netting a record profit in the previous financial year driven by its digital division.

8 months ago - TechXplore