Microchip Technology Incorporated $MCHP Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Microchip Technology Incorporated (NASDAQ:MCHP) by 4.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,169,191 shares of the semiconductor company’s stock after acquiring an additional 50,772 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Microchip Technology were worth $76,032,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Millstone Evans Group LLC grew its stake in Microchip Technology by 23.7% in the 4th quarter. Millstone Evans Group LLC now owns 742 shares of the semiconductor company’s stock valued at $47,000 after acquiring an additional 142 shares during the period. Verdence Capital Advisors LLC increased its stake in Microchip Technology by 2.2% during the 4th quarter. Verdence Capital Advisors LLC now owns 7,120 shares of the semiconductor company’s stock worth $454,000 after buying an additional 150 shares in the last quarter. Florida Trust Wealth Management Co increased its stake in Microchip Technology by 3.3% during the 3rd quarter. Florida Trust Wealth Management Co now owns 4,890 shares of the semiconductor company’s stock worth $314,000 after buying an additional 157 shares in the last quarter. Bouchey Financial Group Ltd increased its stake in Microchip Technology by 4.4% during the 4th quarter. Bouchey Financial Group Ltd now owns 3,771 shares of the semiconductor company’s stock worth $240,000 after buying an additional 159 shares in the last quarter. Finally, Clean Yield Group increased its stake in Microchip Technology by 9.4% during the 3rd quarter. Clean Yield Group now owns 1,890 shares of the semiconductor company’s stock worth $121,000 after buying an additional 163 shares in the last quarter. Institutional investors and hedge funds own 91.51% of the company’s stock.

Insider Activity

In other news, CEO Steve Sanghi sold 76,469 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $93.58, for a total value of $7,155,969.02. Following the completion of the sale, the chief executive officer directly owned 9,385,834 shares in the company, valued at $878,326,345.72. This represents a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 526,552 shares of company stock valued at $47,130,465 in the last ninety days. 1.94% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on MCHP. UBS Group boosted their price objective on Microchip Technology from $85.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, January 26th. Needham & Company LLC boosted their price objective on Microchip Technology from $77.00 to $84.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Citigroup cut their price objective on Microchip Technology from $92.00 to $91.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Bank of America upgraded Microchip Technology from a “neutral” rating to a “buy” rating and set a $95.00 price objective for the company in a research note on Wednesday, January 28th. Finally, B. Riley Financial boosted their price objective on Microchip Technology from $85.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Microchip Technology currently has a consensus rating of “Moderate Buy” and an average price target of $86.00.

Key Stories Impacting Microchip Technology

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

• Positive Sentiment: Quarterly earnings beat — Microchip reported $0.57 EPS vs. $0.50 expected, signaling stronger profitability trends and beating consensus. Earnings Press Release
• Positive Sentiment: Raised guidance — MCHP updated 1Q FY2027 guidance with EPS of $0.67–$0.71 (consensus ~$0.56) and revenue of roughly $1.4–$1.5B (consensus ~$1.3B), pointing to continued demand momentum. Reuters: Forecasts Above Estimates
• Positive Sentiment: Top‑line strength — Q4 net sales were $1.311B, up 35.1% year‑over‑year and above the midpoint of prior guidance, supporting management’s upbeat outlook. GlobeNewswire: Financial Results
• Positive Sentiment: Dividend declared — Board approved a quarterly cash dividend of $0.455 per share, which supports yield‑seeking investors and signals confidence in cash flow. GlobeNewswire: Dividend Announcement
• Positive Sentiment: New product momentum — Announced LAN878x/LAN888x SPE PHY families (automotive/industrial) and Intel‑collab timing modules for data centers/5G, reinforcing addressable market expansion in auto, industrial and infrastructure. GlobeNewswire: Product Release
• Neutral Sentiment: Analyst/coverage notes — Recent analyst commentary and articles debate valuation after a large run‑up; these shape sentiment but don’t change fundamentals immediately. Yahoo Finance: Valuation Discussion
• Negative Sentiment: Profitability quirks — Despite the EPS beat, public filings note a negative net margin metric and mixed historical valuation multiples, which can raise questions about one‑off items or margin sustainability. Earnings Press Release (margins)

Microchip Technology Price Performance

MCHP stock opened at $101.58 on Friday. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.16 and a quick ratio of 1.16. The business has a 50 day simple moving average of $73.27 and a 200-day simple moving average of $69.20. The firm has a market capitalization of $54.97 billion, a PE ratio of -350.28, a price-to-earnings-growth ratio of 1.38 and a beta of 1.75. Microchip Technology Incorporated has a 1 year low of $48.52 and a 1 year high of $103.24.

Microchip Technology (NASDAQ:MCHP) last posted its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.07. The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.26 billion. Microchip Technology had a positive return on equity of 7.16% and a negative net margin of 1.57%.The business’s revenue was up 35.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.11 earnings per share. Microchip Technology has set its Q1 2027 guidance at 0.670-0.710 EPS. Equities research analysts anticipate that Microchip Technology Incorporated will post 1.16 earnings per share for the current fiscal year.

Microchip Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be given a $0.455 dividend. The ex-dividend date is Friday, May 22nd. This represents a $1.82 dividend on an annualized basis and a dividend yield of 1.8%. Microchip Technology’s dividend payout ratio is -627.59%.

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.