Magnetar Financial LLC Purchases New Position in Vishay Precision Group, Inc. $VPG

Key Points

• Magnetar Financial LLC made a new investment of approximately $254,000 in Vishay Precision Group, acquiring 10,560 shares during the 1st quarter.
• Institutional investors currently hold 87.61% of Vishay Precision Group's stock, indicating significant interest from larger financial entities.
• The company's stock has recently received a positive rating upgrade from Wall Street analysts, moving from a "hold" to a "buy" rating, with a target price of $28.50.

Magnetar Financial LLC purchased a new stake in Vishay Precision Group, Inc. (NYSE:VPG - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 10,560 shares of the scientific and technical instruments company's stock, valued at approximately $254,000. Magnetar Financial LLC owned 0.08% of Vishay Precision Group at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in VPG. CWM LLC grew its stake in shares of Vishay Precision Group by 648.2% in the 1st quarter. CWM LLC now owns 1,025 shares of the scientific and technical instruments company's stock valued at $25,000 after buying an additional 888 shares during the period. Versant Capital Management Inc grew its stake in shares of Vishay Precision Group by 154.2% in the 1st quarter. Versant Capital Management Inc now owns 1,131 shares of the scientific and technical instruments company's stock valued at $27,000 after buying an additional 686 shares during the period. Cubist Systematic Strategies LLC purchased a new stake in shares of Vishay Precision Group in the 4th quarter valued at approximately $184,000. Wells Fargo & Company MN increased its position in shares of Vishay Precision Group by 32.3% during the fourth quarter. Wells Fargo & Company MN now owns 8,067 shares of the scientific and technical instruments company's stock valued at $189,000 after acquiring an additional 1,970 shares during the last quarter. Finally, Occudo Quantitative Strategies LP acquired a new stake in shares of Vishay Precision Group during the fourth quarter valued at about $274,000. Hedge funds and other institutional investors own 87.61% of the company's stock.

Vishay Precision Group Stock Down 0.6%

NYSE:VPG traded down $0.17 during mid-day trading on Monday, hitting $29.51. The stock had a trading volume of 6,064 shares, compared to its average volume of 138,771. The stock has a 50-day simple moving average of $27.92 and a two-hundred day simple moving average of $25.41. The company has a market capitalization of $391.83 million, a PE ratio of -328.80 and a beta of 0.91. Vishay Precision Group, Inc. has a twelve month low of $18.57 and a twelve month high of $30.11. The company has a current ratio of 4.35, a quick ratio of 2.87 and a debt-to-equity ratio of 0.10.

Vishay Precision Group (NYSE:VPG - Get Free Report) last issued its earnings results on Tuesday, August 5th. The scientific and technical instruments company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.13. The firm had revenue of $75.16 million for 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. On average, equities research analysts anticipate that Vishay Precision Group, Inc. will post 0.9 EPS for the current year.

Wall Street Analyst Weigh In

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

Vishay Precision Group Company 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.