24,800 Shares in Vishay Intertechnology, Inc. $VSH Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Vishay Intertechnology, Inc. (NYSE:VSH) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 24,800 shares of the semiconductor company’s stock, valued at approximately $1,334,000.

Several other institutional investors also recently modified their holdings of VSH. Carolina Wealth Advisors LLC acquired a new stake in Vishay Intertechnology during the 2nd quarter valued at $32,000. ProShare Advisors LLC grew its holdings in shares of Vishay Intertechnology by 3.1% during the fourth quarter. ProShare Advisors LLC now owns 23,569 shares of the semiconductor company’s stock valued at $342,000 after buying an additional 699 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Vishay Intertechnology by 8.2% during the second quarter. GAMMA Investing LLC now owns 9,261 shares of the semiconductor company’s stock valued at $498,000 after buying an additional 702 shares in the last quarter. Rakuten Securities Inc. acquired a new position in Vishay Intertechnology during the second quarter valued at $47,000. Finally, Allworth Financial LP acquired a new position in Vishay Intertechnology during the second quarter valued at $54,000. Institutional investors own 93.66% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on VSH. Wall Street Zen lowered Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Saturday, September 5th. Needham & Company LLC began coverage on Vishay Intertechnology in a report on Tuesday, August 4th. They set a “buy” rating and a $45.00 price target on the stock. Truist Financial began 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 on the stock. Zacks Research cut shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Finally, Raymond James Financial started coverage on shares of Vishay Intertechnology in a report on Tuesday, August 4th. They set an “outperform” rating and a $40.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

Vishay Intertechnology Stock Performance

Vishay Intertechnology stock opened at $33.26 on Friday. The firm has a market capitalization of $5.10 billion, a P/E ratio of 175.04, a P/E/G ratio of 3.91 and a beta of 1.80. The stock has a fifty day moving average price of $35.14 and a two-hundred day moving average price of $34.89. Vishay Intertechnology, Inc. has a 52-week low of $11.77 and a 52-week 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.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.15 by $0.04. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. The company had revenue of $918.58 million for the quarter, compared to the consensus estimate of $897.03 million. During the same quarter in the previous year, the company earned ($0.07) EPS. The firm’s revenue for the quarter was up 16.6% compared to the same quarter last year. As a group, analysts anticipate that Vishay Intertechnology, Inc. will post 0.85 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be given a $0.10 dividend. The ex-dividend date is Thursday, September 10th. This represents a $0.40 dividend on an annualized basis and a yield of 1.2%. Vishay Intertechnology’s payout ratio is 210.53%.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc (NYSE:VSH) is a global manufacturer of electronic components used in a wide range of electrical and electronic systems. The company’s portfolio includes discrete semiconductors and passive components, such as diodes, MOSFETs, optoelectronic devices, resistors, capacitors, inductors, sensors, and transducers.

Vishay’s products are designed to support power management, signal processing, sensing, connectivity, and energy conversion applications. Its components are used in automotive systems, industrial equipment, computing and telecommunications hardware, consumer electronics, medical devices, aerospace and defense systems, and renewable energy and other infrastructure applications.

The company was founded in 1962 by physicist and inventor Felix Zandman and is headquartered in Malvern, Pennsylvania.