27,100 Vishay Intertechnology, Inc. $VSH Shares Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 109.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,900 shares of the semiconductor company’s stock after purchasing an additional 27,100 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Vishay Intertechnology were worth $1,689,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in VSH. Brooklands Fund Management Ltd acquired a new stake in shares of Vishay Intertechnology during the third quarter worth about $25,864,000. Hanseatic Management Services Inc. grew its holdings in shares of Vishay Intertechnology by 2.1% in the third quarter. Hanseatic Management Services Inc. now owns 25,009 shares of the semiconductor company’s stock valued at $814,000 after purchasing an additional 519 shares in the last quarter. Pinnacle Wealth Planning Services Inc. grew its holdings in shares of Vishay Intertechnology by 26.9% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 2,036 shares of the semiconductor company’s stock valued at $66,000 after purchasing an additional 432 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. grew its holdings in shares of Vishay Intertechnology by 9.9% in the third quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 714,244 shares of the semiconductor company’s stock valued at $23,249,000 after purchasing an additional 64,336 shares in the last quarter. Finally, Signaturefd LLC increased its stake in Vishay Intertechnology by 65.7% during the 3rd quarter. Signaturefd LLC now owns 7,592 shares of the semiconductor company’s stock worth $247,000 after buying an additional 3,010 shares during the period. Institutional investors and hedge funds own 93.66% of the company’s stock.

Vishay Intertechnology Stock Up 6.7%

Vishay Intertechnology stock opened at $27.22 on Wednesday. Vishay Intertechnology, Inc. has a 1-year low of $11.77 and a 1-year high of $69.47. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.80 and a quick ratio of 1.27. The stock has a market cap of $4.18 billion, a PE ratio of 143.28, a P/E/G ratio of 3.01 and a beta of 1.90. The stock’s fifty day moving average is $31.21 and its two-hundred day moving average is $32.09.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.04. The company had revenue of $918.58 million during the quarter, compared to the consensus estimate of $897.03 million. Vishay Intertechnology had a return on equity of 1.84% and a net margin of 0.86%. Vishay Intertechnology’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same period in the previous year, the business earned ($0.07) EPS. On average, sell-side analysts expect that Vishay Intertechnology, Inc. will post 0.85 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Thursday, September 10th. Vishay Intertechnology’s dividend payout ratio (DPR) is 210.53%.

Insider Buying and Selling at Vishay Intertechnology

In related news, Director Raanan Zilberman sold 16,575 shares of the business’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $35.82, for a total transaction of $593,716.50. Following the completion of the sale, the director owned 31,937 shares in the company, valued at $1,143,983.34. The trade was a 34.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 8.35% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on VSH. Zacks Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. Truist Financial assumed coverage on shares of Vishay Intertechnology in a research report on Thursday, September 3rd. They issued a “buy” rating and a $42.00 price target for the company. Wall Street Zen upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. Needham & Company LLC assumed coverage on Vishay Intertechnology in a research report on Tuesday, August 4th. They set a “buy” rating and a $45.00 price objective on the stock. Finally, Weiss Ratings cut Vishay Intertechnology from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, September 25th. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $36.67.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer of electronic components used in industrial, automotive, computing, telecommunications, consumer electronics, aerospace and defense, and medical applications. The company’s portfolio includes passive components and semiconductor products that support power management, signal processing, sensing, connectivity and energy conversion.

Its products include resistors, capacitors, inductors, diodes, rectifiers, power MOSFETs, optoelectronic components, sensors, transducers and related power and circuit-protection devices.