Situational Awareness LP Makes New $20.17 Million Investment in Vishay Intertechnology, Inc. $VSH

Key Points

• Situational Awareness LP acquired 375,000 shares of Vishay Intertechnology in the second quarter, valued at approximately $20.17 million. The position represents about 0.24% of Vishay and 0.1% of the fund’s holdings, while institutional investors collectively own 93.66% of the stock.
• Vishay reported quarterly EPS of $0.19, exceeding the $0.15 consensus estimate, while revenue reached $918.58 million—up 16.6% year over year and ahead of expectations.
• The stock recently traded at $30.42, below its 50-day and 200-day moving averages. Analysts maintain a “Moderate Buy” consensus with an average price target of $35, and the company declared a quarterly dividend of $0.10 per share.

Situational Awareness LP purchased a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 375,000 shares of the semiconductor company's stock, valued at approximately $20,168,000. Vishay Intertechnology comprises about 0.1% of Situational Awareness LP's holdings, making the stock its 21st biggest position. Situational Awareness LP owned about 0.24% of Vishay Intertechnology at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Carolina Wealth Advisors LLC bought a new position in shares of Vishay Intertechnology during the 2nd quarter worth approximately $32,000. Rakuten Securities Inc. purchased a new stake in Vishay Intertechnology during the second quarter valued at approximately $47,000. Allworth Financial LP acquired a new stake in Vishay Intertechnology in the second quarter valued at approximately $54,000. EFG International AG acquired a new stake in Vishay Intertechnology in the second quarter valued at approximately $72,000. Finally, Rockefeller Capital Management L.P. grew its holdings in Vishay Intertechnology by 212.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company's stock worth $30,000 after purchasing an additional 1,402 shares during the last quarter. 93.66% of the stock is currently owned by institutional investors.

Vishay Intertechnology Trading Down 0.6%

Vishay Intertechnology stock opened at $30.42 on Friday. The stock has a 50-day moving average price of $37.50 and a 200 day moving average price of $34.46. The company has a market capitalization of $4.67 billion, a price-to-earnings ratio of 160.11, a price-to-earnings-growth ratio of 3.57 and a beta of 1.80. Vishay Intertechnology, Inc. has a 52 week low of $11.77 and a 52 week high of $69.47. The company has a quick ratio of 1.27, a current ratio of 1.80 and a debt-to-equity ratio of 0.08.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.04. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. The company had revenue of $918.58 million for the quarter, compared to the consensus estimate of $897.03 million. During the same quarter in the prior year, the company earned ($0.07) EPS. Vishay Intertechnology's quarterly revenue was up 16.6% on a year-over-year basis. Sell-side analysts anticipate that Vishay Intertechnology, Inc. will post 0.86 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 10th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, September 10th. Vishay Intertechnology's dividend payout ratio (DPR) is 210.53%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Bank of America upped their price target on Vishay Intertechnology from $18.00 to $28.00 and gave the stock an "underperform" rating in a research report on Thursday, May 14th. Raymond James Financial initiated coverage on Vishay Intertechnology in a research note on Tuesday, August 4th. They set an "outperform" rating and a $40.00 target price on the stock. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Vishay Intertechnology in a research report on Monday, August 24th. Truist Financial began coverage on Vishay Intertechnology in a research report on Thursday. They set a "buy" rating and a $42.00 target price on the stock. Finally, Wall Street Zen upgraded Vishay Intertechnology from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $35.00.

Vishay Intertechnology Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source