Vishay Precision Group, Inc. $VPG Shares Acquired by Lord Abbett & CO. LLC

Key Points

• Lord Abbett & CO. LLC increased its stake in Vishay Precision Group, Inc. by 18.8%, owning approximately 364,626 shares worth $8,784,000 at the end of the first quarter.
• A number of hedge funds, including AIGH Capital Management, have also invested in Vishay Precision Group, indicating strong institutional interest as they collectively hold 87.61% of the company's stock.
• Vishay Precision Group reported a $0.17 EPS for the last quarter, significantly exceeding analysts' expectations of $0.04, and had revenues of $75.16 million against an expectation of $72.93 million.

Lord Abbett & CO. LLC boosted its position in shares of Vishay Precision Group, Inc. (NYSE:VPG - Free Report) by 18.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 364,626 shares of the scientific and technical instruments company's stock after purchasing an additional 57,634 shares during the quarter. Lord Abbett & CO. LLC owned about 2.75% of Vishay Precision Group worth $8,784,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Versant Capital Management Inc grew its stake in Vishay Precision Group by 154.2% during the 1st quarter. Versant Capital Management Inc now owns 1,131 shares of the scientific and technical instruments company's stock worth $27,000 after buying an additional 686 shares during the last quarter. CWM LLC lifted its position in Vishay Precision Group by 648.2% during the 1st 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 period. Charles Schwab Investment Management Inc. lifted its position in Vishay Precision Group by 4.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 34,933 shares of the scientific and technical instruments company's stock worth $842,000 after acquiring an additional 1,411 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of Vishay Precision Group by 32.3% in the 4th quarter. Wells Fargo & Company MN now owns 8,067 shares of the scientific and technical instruments company's stock valued at $189,000 after buying an additional 1,970 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of Vishay Precision Group by 10.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 26,901 shares of the scientific and technical instruments company's stock valued at $632,000 after buying an additional 2,581 shares during the period. 87.61% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

VPG has been the subject of a number of analyst reports. B. Riley reaffirmed a "buy" rating on shares of Vishay Precision Group in a report on Wednesday, May 7th. Wall Street Zen upgraded Vishay Precision Group from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Vishay Precision Group has a consensus rating of "Buy" and a consensus target price of $28.50.

Vishay Precision Group Stock Performance

NYSE:VPG traded up $0.0850 during mid-day trading on Tuesday, reaching $27.7650. The stock had a trading volume of 80,036 shares, compared to its average volume of 144,714. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.87 and a current ratio of 4.35. The firm has a market capitalization of $368.72 million, a price-to-earnings ratio of -308.47 and a beta of 0.87. Vishay Precision Group, Inc. has a twelve month low of $18.57 and a twelve month high of $30.11. The business has a 50 day simple moving average of $27.40 and a 200 day simple moving average of $25.01.

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

About Vishay Precision Group

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.