11,885 Shares in Vishay Precision Group, Inc. $VPG Acquired by Connective Capital Management LLC

Connective Capital Management LLC purchased a new stake in Vishay Precision Group, Inc. (NYSE:VPG) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 11,885 shares of the scientific and technical instruments company’s stock, valued at approximately $458,000. Vishay Precision Group makes up about 0.3% of Connective Capital Management LLC’s holdings, making the stock its 29th biggest position. Connective Capital Management LLC owned approximately 0.09% of Vishay Precision Group at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Russell Investments Group Ltd. raised its stake in Vishay Precision Group by 826.7% during the third quarter. Russell Investments Group Ltd. now owns 1,112 shares of the scientific and technical instruments company’s stock worth $36,000 after acquiring an additional 992 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Vishay Precision Group by 1,180.0% in the 4th quarter. Farther Finance Advisors LLC now owns 1,024 shares of the scientific and technical instruments company’s stock valued at $39,000 after purchasing an additional 944 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Vishay Precision Group in the 4th quarter valued at $51,000. Central Pacific Bank Trust Division bought a new stake in shares of Vishay Precision Group in the 4th quarter worth about $75,000. Finally, BNP Paribas Financial Markets grew its holdings in shares of Vishay Precision Group by 85.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,332 shares of the scientific and technical instruments company’s stock worth $75,000 after purchasing an additional 1,076 shares during the last quarter. 87.61% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

VPG has been the subject of several analyst reports. Lake Street Capital lifted their price target on shares of Vishay Precision Group from $54.00 to $98.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Zacks Research upgraded shares of Vishay Precision Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. Wall Street Zen raised shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. B. Riley Financial raised their price objective on shares of Vishay Precision Group from $63.00 to $109.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Finally, Weiss Ratings cut shares of Vishay Precision Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $83.67.

Vishay Precision Group Stock Performance

Shares of NYSE:VPG opened at $141.68 on Friday. Vishay Precision Group, Inc. has a twelve month low of $25.49 and a twelve month high of $148.39. The firm has a market cap of $1.88 billion, a PE ratio of 314.85, a price-to-earnings-growth ratio of 6.84 and a beta of 1.46. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.97 and a current ratio of 4.47. The business has a fifty day moving average of $92.14 and a 200-day moving average of $60.50.

Vishay Precision Group (NYSE:VPG) last released its quarterly earnings results on Tuesday, May 12th. The scientific and technical instruments company reported $0.07 earnings per share (EPS) for the quarter. Vishay Precision Group had a return on equity of 2.28% and a net margin of 1.85%.The business had revenue of $84.35 million during the quarter, compared to analysts’ expectations of $77.08 million. On average, equities research analysts predict that Vishay Precision Group, Inc. will post 0.97 EPS for the current fiscal year.

Vishay Precision Group Company Profile

Vishay Precision Group (NYSE: VPG) specializes in the design, manufacture and calibration of precision sensors, instrumentation and measurement systems used in a broad range of applications. Its product portfolio includes load cells, tension links, weighing modules, torque transducers, digital indicators and data acquisition systems. These solutions serve critical requirements for accuracy, reliability and repeatability in sectors such as industrial automation, test and measurement, medical devices, food and beverage processing, aerospace and defense.

The company traces its roots to the sensor and measurement division of Vishay Intertechnology, Inc, from which it was spun off as an independent public company in March 2016.