Andar Capital Management HK Ltd Makes New Investment in Vishay Intertechnology, Inc. $VSH

Key Points

• Andar Capital Management HK Ltd acquired 8.6 million Vishay Intertechnology shares worth approximately $160 million, representing a 6.32% stake and making VSH its fourth-largest portfolio holding.
• Institutional ownership remains high at 93.66%, with several major investors—including Woodline Partners, Jain Global, Two Sigma and UBS—also increasing their positions.
• Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $33.25, despite Vishay beating quarterly earnings and revenue estimates and reporting 16.6% year-over-year revenue growth.

Andar Capital Management HK Ltd acquired a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 8,604,800 shares of the semiconductor company's stock, valued at approximately $160,000,000. Vishay Intertechnology makes up 0.4% of Andar Capital Management HK Ltd's investment portfolio, making the stock its 4th biggest position. Andar Capital Management HK Ltd owned 6.32% of Vishay Intertechnology as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. T. Rowe Price Investment Management Inc. acquired a new position in Vishay Intertechnology during the fourth quarter worth $25,009,000. Woodline Partners LP boosted its stake in shares of Vishay Intertechnology by 25.3% in the 3rd quarter. Woodline Partners LP now owns 6,813,765 shares of the semiconductor company's stock valued at $104,251,000 after purchasing an additional 1,377,356 shares in the last quarter. Jain Global LLC boosted its stake in shares of Vishay Intertechnology by 841.5% in the 4th quarter. Jain Global LLC now owns 910,143 shares of the semiconductor company's stock valued at $13,188,000 after purchasing an additional 813,472 shares in the last quarter. Two Sigma Investments LP grew its holdings in shares of Vishay Intertechnology by 1,440.5% in the 3rd quarter. Two Sigma Investments LP now owns 844,508 shares of the semiconductor company's stock worth $12,921,000 after purchasing an additional 789,686 shares during the last quarter. Finally, UBS Group AG grew its holdings in shares of Vishay Intertechnology by 173.0% in the 4th quarter. UBS Group AG now owns 995,668 shares of the semiconductor company's stock worth $14,427,000 after purchasing an additional 630,917 shares during the last quarter. 93.66% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

VSH has been the subject of several analyst reports. Bank of America lifted their price target on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an "underperform" rating in a report on Thursday, May 14th. Wall Street Zen raised shares of Vishay Intertechnology from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. Zacks Research lowered shares of Vishay Intertechnology from a "strong-buy" rating to a "hold" rating in a report on Monday, July 20th. 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. Finally, Needham & Company LLC started coverage on Vishay Intertechnology in a report on Tuesday, August 4th. They issued a "buy" rating and a $45.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $33.25.

Vishay Intertechnology Trading Up 5.1%

Shares of NYSE VSH opened at $35.03 on Friday. Vishay Intertechnology, Inc. has a 1-year low of $11.77 and a 1-year high of $69.47. The company has a 50-day moving average of $45.50 and a two-hundred day moving average of $33.20. The company has a market cap of $4.77 billion, a PE ratio of 184.38 and a beta of 1.81. The company has a current ratio of 1.80, a quick ratio of 1.27 and a debt-to-equity ratio of 0.08.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its quarterly 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. The business had revenue of $918.58 million for the quarter, compared to analysts' expectations of $897.03 million. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. Vishay Intertechnology's revenue was up 16.6% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.07) earnings per share. As a group, equities analysts expect that Vishay Intertechnology, Inc. will post 0.86 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.40 annualized dividend and a yield of 1.1%. Vishay Intertechnology's dividend payout ratio is currently 210.53%.

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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