Vishay Intertechnology, Inc. (NYSE:VSH – Get Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $40.19 and last traded at $40.1070, with a volume of 5319640 shares changing hands. The stock had previously closed at $37.04.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on VSH shares. Bank of America raised their price target on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research report on Thursday, May 14th. Wall Street Zen upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. JPMorgan Chase & Co. lifted their target price on Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Weiss Ratings upgraded Vishay Intertechnology from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, May 13th. Finally, Zacks Research raised Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Vishay Intertechnology has an average rating of “Moderate Buy” and a consensus price target of $24.00.
Get Our Latest Stock Analysis on VSH
Vishay Intertechnology Price Performance
Vishay Intertechnology (NYSE:VSH – Get Free Report) last issued its earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.02. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The company had revenue of $839.24 million for the quarter, compared to analysts’ expectations of $823.54 million. During the same quarter last year, the company posted ($0.03) earnings per share. The firm’s quarterly revenue was up 17.3% on a year-over-year basis. On average, equities analysts predict that Vishay Intertechnology, Inc. will post 0.64 earnings per share for the current year.
Vishay Intertechnology Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Thursday, June 18th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, June 18th. Vishay Intertechnology’s dividend payout ratio (DPR) is 4,000.00%.
Institutional Trading of Vishay Intertechnology
A number of hedge funds have recently bought and sold shares of the company. ProShare Advisors LLC boosted its position in Vishay Intertechnology by 3.1% in the fourth quarter. ProShare Advisors LLC now owns 23,569 shares of the semiconductor company’s stock worth $342,000 after purchasing an additional 699 shares during the last quarter. State of Alaska Department of Revenue increased its position in shares of Vishay Intertechnology by 0.3% during the 4th quarter. State of Alaska Department of Revenue now owns 248,135 shares of the semiconductor company’s stock valued at $3,595,000 after purchasing an additional 743 shares during the last quarter. Corient Private Wealth LLC lifted its stake in shares of Vishay Intertechnology by 7.4% in the 2nd quarter. Corient Private Wealth LLC now owns 18,598 shares of the semiconductor company’s stock worth $295,000 after purchasing an additional 1,288 shares during the period. Verdence Capital Advisors LLC lifted its stake in shares of Vishay Intertechnology by 4.2% in the 3rd quarter. Verdence Capital Advisors LLC now owns 33,040 shares of the semiconductor company’s stock worth $506,000 after purchasing an additional 1,335 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of Vishay Intertechnology by 212.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock worth $30,000 after buying an additional 1,402 shares during the last quarter. Hedge funds and other institutional investors own 93.66% of the company’s stock.
About Vishay Intertechnology
Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.
Originally founded in 1962 by Dr.
Read More
- Five stocks we like better than Vishay Intertechnology
- SpaceX IPO: Opportunity? Or the Ultimate Hype Trade?
- CAVA Group’s Stock Looks Delicious After Strong Earnings
- Lowe’s Finds Support at $215 After Q1 Earnings Sell-Off
- Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
Receive News & Ratings for Vishay Intertechnology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vishay Intertechnology and related companies with MarketBeat.com's FREE daily email newsletter.
