Vishay Intertechnology, Inc. (NYSE:VSH) Shares Purchased by Adirondack Trust Co.

Adirondack Trust Co. boosted its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 71.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,800 shares of the semiconductor company’s stock after buying an additional 2,000 shares during the period. Adirondack Trust Co.’s holdings in Vishay Intertechnology were worth $91,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in VSH. Vanguard Group Inc. raised its position in shares of Vishay Intertechnology by 5.0% during the 1st quarter. Vanguard Group Inc. now owns 14,919,132 shares of the semiconductor company’s stock valued at $338,366,000 after buying an additional 714,275 shares during the period. Deprince Race & Zollo Inc. increased its stake in Vishay Intertechnology by 94.0% during the second quarter. Deprince Race & Zollo Inc. now owns 3,129,207 shares of the semiconductor company’s stock worth $69,781,000 after acquiring an additional 1,516,368 shares during the last quarter. American Century Companies Inc. increased its stake in Vishay Intertechnology by 12.7% during the second quarter. American Century Companies Inc. now owns 3,109,768 shares of the semiconductor company’s stock worth $69,348,000 after acquiring an additional 350,512 shares during the last quarter. Bank of New York Mellon Corp raised its position in Vishay Intertechnology by 11.8% in the second quarter. Bank of New York Mellon Corp now owns 1,647,693 shares of the semiconductor company’s stock valued at $36,744,000 after purchasing an additional 174,149 shares during the period. Finally, Systematic Financial Management LP lifted its stake in shares of Vishay Intertechnology by 1.0% in the 2nd quarter. Systematic Financial Management LP now owns 1,206,125 shares of the semiconductor company’s stock valued at $26,897,000 after purchasing an additional 11,950 shares during the last quarter. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, TD Cowen cut their price objective on Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating for the company in a research report on Thursday, August 8th.

Vishay Intertechnology Stock Performance

NYSE:VSH opened at $17.92 on Thursday. The stock has a market capitalization of $2.46 billion, a P/E ratio of 10.30 and a beta of 1.09. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.98 and a current ratio of 2.98. Vishay Intertechnology, Inc. has a fifty-two week low of $17.42 and a fifty-two week high of $24.72. The company has a 50 day moving average price of $19.33 and a 200 day moving average price of $21.57.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Wednesday, August 7th. The semiconductor company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. Vishay Intertechnology had a return on equity of 8.72% and a net margin of 5.48%. The business had revenue of $741.20 million during the quarter, compared to analysts’ expectations of $754.71 million. During the same period in the previous year, the firm posted $0.68 earnings per share. The company’s revenue was down 16.9% on a year-over-year basis. Equities research analysts forecast that Vishay Intertechnology, Inc. will post 0.72 EPS for the current year.

Vishay Intertechnology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Shareholders of record on Tuesday, September 10th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $0.40 dividend on an annualized basis and a yield of 2.23%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 22.99%.

Vishay Intertechnology Profile

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.