Federated Hermes Inc. Increases Position in Microchip Technology Incorporated $MCHP

Federated Hermes Inc. boosted its holdings in Microchip Technology Incorporated (NASDAQ:MCHP) by 19.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 516,206 shares of the semiconductor company’s stock after purchasing an additional 84,431 shares during the period. Federated Hermes Inc. owned about 0.10% of Microchip Technology worth $33,151,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Root Financial Partners LLC bought a new stake in shares of Microchip Technology in the third quarter valued at $28,000. Salomon & Ludwin LLC grew its holdings in Microchip Technology by 219.3% during the 3rd quarter. Salomon & Ludwin LLC now owns 479 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 329 shares in the last quarter. Quent Capital LLC bought a new stake in Microchip Technology during the 3rd quarter worth approximately $32,000. E Fund Management Hong Kong Co. Ltd. increased its holdings in shares of Microchip Technology by 106.8% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 517 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 267 shares during the period. Finally, Fourth Dimension Wealth LLC increased its stake in Microchip Technology by 98.7% in the 2nd quarter. Fourth Dimension Wealth LLC now owns 600 shares of the semiconductor company’s stock worth $42,000 after acquiring an additional 298 shares during the last quarter. 91.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Bank of America raised shares of Microchip Technology from a “neutral” rating to a “buy” rating and set a $95.00 price target on the stock in a report on Wednesday. Needham & Company LLC boosted their target price on Microchip Technology from $75.00 to $77.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. B. Riley upped their price target on shares of Microchip Technology from $85.00 to $95.00 and gave the company a “buy” rating in a report on Monday, January 12th. Mizuho boosted their price target on Microchip Technology from $80.00 to $83.00 and gave the company an “outperform” rating in a report on Friday, January 9th. Finally, Morgan Stanley upped their price objective on shares of Microchip Technology from $68.00 to $69.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 6th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $82.05.

Microchip Technology Trading Down 4.3%

NASDAQ MCHP opened at $75.92 on Friday. Microchip Technology Incorporated has a 12 month low of $34.13 and a 12 month high of $81.43. The stock’s fifty day moving average price is $67.48 and its 200-day moving average price is $65.47. The stock has a market cap of $41.03 billion, a P/E ratio of -168.71, a P/E/G ratio of 2.03 and a beta of 1.46. The company has a current ratio of 2.25, a quick ratio of 1.20 and a debt-to-equity ratio of 0.80.

Microchip Technology (NASDAQ:MCHP) last issued its earnings results on Thursday, November 6th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.02. The business had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.13 billion. Microchip Technology had a negative net margin of 4.39% and a positive return on equity of 5.21%. The business’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.46 earnings per share. Microchip Technology has set its Q3 2026 guidance at 0.340-0.400 EPS. As a group, equities analysts forecast that Microchip Technology Incorporated will post 1.03 EPS for the current fiscal year.

Microchip Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 9th. Investors of record on Monday, November 24th were given a dividend of $0.455 per share. The ex-dividend date of this dividend was Monday, November 24th. This represents a $1.82 annualized dividend and a dividend yield of 2.4%. Microchip Technology’s dividend payout ratio (DPR) is -404.44%.

More Microchip Technology News

Here are the key news stories impacting Microchip Technology this week:

• Positive Sentiment: Bank of America upgraded MCHP to a “Buy” with a $95 target, providing a clear near‑term upside signal and helping fuel bullish sentiment and flows. Bank of America Upgrades Microchip Technology (NASDAQ:MCHP) to “Buy”
• Positive Sentiment: Zacks moved Microchip toward a stronger rating and flagged the company as having the setup for an earnings beat — a potential catalyst if upcoming results and guidance beat expectations. Microchip Technology (MCHP) Earnings Expected to Grow: Should You Buy?
• Positive Sentiment: Microchip launched the PIC32CM PL10 Arm Cortex‑M0+ MCU family, expanding its embedded/IoT product roadmap — a commercial/product catalyst that supports medium‑term revenue growth expectations. PIC32CM PL10 MCUs Expand Microchip’s Arm® Cortex®-M0+ Portfolio
• Neutral Sentiment: Market write‑ups and note pieces (AAII, Yahoo, Barchart) explain the recent ~6% rally and discuss valuation — useful context for investors but not a direct catalyst. Why Microchip Technology Incorporated’s (MCHP) Stock Is Up 6.33%
• Neutral Sentiment: Analyst coverage remains constructive (consensus “Moderate Buy”); many upgrades are already reflected in recent price gains, which tempers how much more they can move the stock immediately. Microchip Technology Incorporated (NASDAQ:MCHP) Receives Average Rating of “Moderate Buy” from Analysts
• Negative Sentiment: CEO Steve Sanghi sold 98,814 shares (~$8.0M) on Jan. 28, trimming his stake ~0.99%; insider selling often triggers short‑term concern and can weigh on the stock while investors digest the reason for the sale. SEC Form 4: Steve Sanghi Sale

Insider Transactions at Microchip Technology

In other news, CFO James Eric Bjornholt sold 4,292 shares of Microchip Technology stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $50.39, for a total value of $216,273.88. Following the completion of the sale, the chief financial officer directly owned 30,089 shares in the company, valued at $1,516,184.71. The trade was a 12.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Steve Sanghi sold 98,814 shares of the firm’s stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $80.55, for a total transaction of $7,959,467.70. Following the completion of the sale, the chief executive officer owned 9,922,319 shares in the company, valued at $799,242,795.45. This represents a 0.99% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 121,615 shares of company stock worth $9,641,654. Insiders own 1.94% of the company’s stock.

About Microchip Technology

Microchip Technology Inc is a semiconductor company headquartered in Chandler, Arizona, that designs, develops and supplies a broad portfolio of embedded control and analog semiconductors. Its product lineup centers on microcontrollers (including the well-known PIC family), digital signal controllers and associated development tools and software, along with a range of mixed-signal and analog devices, nonvolatile memory, power management, timing, interface, wireless and security products. The company also provides integrated hardware and software solutions intended to simplify embedded design and accelerate time to market for OEMs and contract manufacturers.

Microchip’s products are used across a wide range of end markets, including automotive, industrial automation, consumer electronics, communications, aerospace and defense, and Internet of Things (IoT) applications.