Vishay Intertechnology (NYSE:VSH) Reaches New 12-Month High – What’s Next?

Vishay Intertechnology, Inc. (NYSE:VSH)’s share price reached a new 52-week high on Tuesday . The company traded as high as $50.43 and last traded at $50.15, with a volume of 865832 shares traded. The stock had previously closed at $47.25.

Analyst Ratings Changes

VSH has been the topic of several research reports. Wall Street Zen upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Zacks Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. Bank of America boosted their price objective on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a report on Thursday, May 14th. Argus upgraded shares of Vishay Intertechnology to a “strong-buy” rating in a report on Monday, February 9th. Finally, JPMorgan Chase & Co. upped their target price on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Vishay Intertechnology currently has an average rating of “Moderate Buy” and a consensus target price of $24.00.

Vishay Intertechnology Trading Up 5.4%

The firm’s 50 day moving average is $26.40 and its 200 day moving average is $20.00. The company has a market cap of $6.76 billion, a PE ratio of 4,979.00 and a beta of 1.53. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.64 and a quick ratio of 1.53.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Wednesday, May 13th. The semiconductor company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.03 by $0.02. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The company had revenue of $839.24 million during the quarter, compared to analysts’ expectations of $823.54 million. During the same quarter in the previous year, the company earned ($0.03) earnings per share. Vishay Intertechnology’s revenue for the quarter was up 17.3% on a year-over-year basis. On average, equities analysts anticipate that Vishay Intertechnology, Inc. will post 0.75 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Thursday, June 18th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.8%. Vishay Intertechnology’s dividend payout ratio is 4,000.00%.

Institutional Investors Weigh In On Vishay Intertechnology

A number of institutional investors have recently made changes to their positions in VSH. Vanguard Group Inc. raised its holdings in Vishay Intertechnology by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 16,617,109 shares of the semiconductor company’s stock valued at $254,242,000 after buying an additional 375,378 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Vishay Intertechnology by 3.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,102,376 shares of the semiconductor company’s stock worth $127,830,000 after purchasing an additional 208,472 shares in the last quarter. Woodline Partners LP raised its holdings in Vishay Intertechnology by 25.3% in the 3rd quarter. Woodline Partners LP now owns 6,813,765 shares of the semiconductor company’s stock worth $104,251,000 after purchasing an additional 1,377,356 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Vishay Intertechnology by 0.9% in the 3rd quarter. American Century Companies Inc. now owns 4,180,606 shares of the semiconductor company’s stock worth $63,963,000 after acquiring an additional 36,791 shares in the last quarter. Finally, Deprince Race & Zollo Inc. increased its stake in shares of Vishay Intertechnology by 8.4% in the 1st quarter. Deprince Race & Zollo Inc. now owns 3,181,050 shares of the semiconductor company’s stock worth $57,259,000 after acquiring an additional 247,060 shares in the last quarter. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Company 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.