Vishay Intertechnology, Inc. (NYSE:VSH – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the five analysts that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $24.00.
Several research analysts have recently weighed in on VSH shares. Weiss Ratings upgraded shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. Bank of America lifted their price target on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a research note on Thursday, May 14th. Wall Street Zen cut shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Finally, Zacks Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th.
Vishay Intertechnology Trading Down 1.2%
Vishay Intertechnology (NYSE:VSH – Get Free Report) last issued its quarterly earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.02. The business had revenue of $839.24 million for the quarter, compared to analysts’ expectations of $823.54 million. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The company’s revenue was up 17.3% compared to the same quarter last year. During the same quarter last year, the company posted ($0.03) EPS. As a group, equities analysts anticipate that Vishay Intertechnology will post 0.75 earnings per share for the current year.
Vishay Intertechnology Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Thursday, June 18th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Thursday, June 18th. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 4,000.00%.
Institutional Trading of Vishay Intertechnology
Several institutional investors and hedge funds have recently modified their holdings of the company. ProShare Advisors LLC raised its position in shares of Vishay Intertechnology by 3.1% during the 4th quarter. ProShare Advisors LLC now owns 23,569 shares of the semiconductor company’s stock valued at $342,000 after purchasing an additional 699 shares during the period. State of Alaska Department of Revenue raised 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 period. Corient Private Wealth LLC raised its position in shares of Vishay Intertechnology by 7.4% during the 2nd quarter. Corient Private Wealth LLC now owns 18,598 shares of the semiconductor company’s stock valued at $295,000 after purchasing an additional 1,288 shares during the period. Verdence Capital Advisors LLC raised its position in shares of Vishay Intertechnology by 4.2% during the 4th quarter. Verdence Capital Advisors LLC now owns 34,439 shares of the semiconductor company’s stock valued at $499,000 after purchasing an additional 1,399 shares during the period. Finally, Rockefeller Capital Management L.P. raised its position in shares of Vishay Intertechnology by 212.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 1,402 shares during the period. 93.66% of the stock is currently owned by institutional investors.
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.
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