Acadian Asset Management LLC Acquires 23,365 Shares of Vishay Precision Group, Inc. $VPG

Key Points

• Acadian Asset Management LLC increased its stake in Vishay Precision Group, Inc. by 10.2%, acquiring an additional 23,365 shares to hold a total of 253,393 shares, valued at approximately $6.1 million.
• Vishay Precision Group received a rating upgrade from Wall Street Zen from "hold" to "buy," currently holding a consensus rating of "buy" with an average target price of $28.50.
• The company reported an earnings per share of $0.17 for the last quarter, surpassing the consensus estimate and generating revenues of $75.16 million.

Acadian Asset Management LLC lifted its stake in Vishay Precision Group, Inc. (NYSE:VPG - Free Report) by 10.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 253,393 shares of the scientific and technical instruments company's stock after acquiring an additional 23,365 shares during the quarter. Acadian Asset Management LLC owned approximately 1.91% of Vishay Precision Group worth $6,103,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. CWM LLC increased its stake in shares of Vishay Precision Group by 648.2% in the first quarter. CWM LLC now owns 1,025 shares of the scientific and technical instruments company's stock worth $25,000 after acquiring an additional 888 shares during the last quarter. Versant Capital Management Inc increased its stake in shares of Vishay Precision Group by 154.2% in the first quarter. Versant Capital Management Inc now owns 1,131 shares of the scientific and technical instruments company's stock worth $27,000 after acquiring an additional 686 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new position in Vishay Precision Group during the fourth quarter worth $184,000. Magnetar Financial LLC acquired a new position in Vishay Precision Group during the first quarter worth $254,000. Finally, Occudo Quantitative Strategies LP acquired a new position in Vishay Precision Group during the fourth quarter worth $274,000. 87.61% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Vishay Precision Group from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $28.50.

Vishay Precision Group Price Performance

VPG traded up $0.95 during midday trading on Thursday, reaching $33.28. 106,177 shares of the company's stock were exchanged, compared to its average volume of 83,395. The firm has a market capitalization of $441.97 million, a price-to-earnings ratio of -369.75 and a beta of 0.91. The company has a quick ratio of 2.87, a current ratio of 4.35 and a debt-to-equity ratio of 0.10. Vishay Precision Group, Inc. has a one year low of $18.57 and a one year high of $33.81. The business has a 50-day simple moving average of $28.43 and a two-hundred day simple moving average of $25.85.

Vishay Precision Group (NYSE:VPG - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The scientific and technical instruments company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.04 by $0.13. The firm had revenue of $75.16 million during the quarter, compared to analysts' expectations of $72.93 million. Vishay Precision Group had a negative net margin of 0.43% and a positive return on equity of 1.72%. Vishay Precision Group has set its Q3 2025 guidance at EPS. As a group, research analysts predict that Vishay Precision Group, Inc. will post 0.9 EPS for the current year.

Vishay Precision Group Profile

Vishay Precision Group, Inc designs, manufactures, and markets specialized sensors, weighing solutions, and measurement systems in the United States, Israel, the United Kingdom, rest of Europe, Asia, and Canada. It operates through three segments: Sensors, Weighing Solutions, and Measurement Systems.