One Wealth Advisors LLC Has $351,000 Stock Holdings in Microchip Technology Incorporated $MCHP

One Wealth Advisors LLC lifted its holdings in Microchip Technology Incorporated (NASDAQ:MCHP) by 19.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 4,983 shares of the semiconductor company’s stock after purchasing an additional 824 shares during the quarter. One Wealth Advisors LLC’s holdings in Microchip Technology were worth $351,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of MCHP. Garde Capital Inc. acquired a new position in shares of Microchip Technology in the 1st quarter valued at approximately $30,000. MCF Advisors LLC grew its position in shares of Microchip Technology by 211.2% in the 2nd quarter. MCF Advisors LLC now owns 473 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 321 shares during the period. Carderock Capital Management Inc. acquired a new position in shares of Microchip Technology in the 2nd quarter valued at approximately $39,000. WPG Advisers LLC acquired a new position in shares of Microchip Technology in the 1st quarter valued at approximately $40,000. Finally, Painted Porch Advisors LLC acquired a new position in Microchip Technology during the 2nd quarter worth approximately $40,000. 91.51% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Matthew W. Chapman sold 10,000 shares of the stock in a transaction on Monday, August 25th. The stock was sold at an average price of $68.25, for a total value of $682,500.00. Following the sale, the director owned 30,665 shares in the company, valued at approximately $2,092,886.25. This represents a 24.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO James Eric Bjornholt sold 7,356 shares of the stock in a transaction on Monday, August 25th. The shares were sold at an average price of $68.72, for a total value of $505,504.32. Following the completion of the sale, the chief financial officer owned 30,010 shares in the company, valued at approximately $2,062,287.20. This trade represents a 19.69% decrease in their position. The disclosure for this sale can be found here. 1.94% of the stock is currently owned by corporate insiders.

Microchip Technology Trading Up 0.2%

Shares of Microchip Technology stock opened at $64.22 on Wednesday. Microchip Technology Incorporated has a 12-month low of $34.13 and a 12-month high of $80.33. The stock has a market cap of $34.66 billion, a P/E ratio of -188.88, a P/E/G ratio of 1.84 and a beta of 1.56. The company has a quick ratio of 1.33, a current ratio of 2.31 and a debt-to-equity ratio of 0.80. The business’s 50 day moving average is $65.88 and its 200-day moving average is $60.39.

Microchip Technology (NASDAQ:MCHP) last announced its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. Microchip Technology had a positive return on equity of 6.24% and a negative net margin of 3.50%.The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.05 billion. During the same quarter in the prior year, the business posted $0.53 EPS. The business’s revenue was down 13.3% compared to the same quarter last year. Microchip Technology has set its Q2 2026 guidance at 0.340-0.370 EPS. Equities research analysts predict that Microchip Technology Incorporated will post 1.03 earnings per share for the current fiscal year.

Microchip Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Friday, August 22nd were paid a dividend of $0.455 per share. The ex-dividend date was Friday, August 22nd. This represents a $1.82 dividend on an annualized basis and a dividend yield of 2.8%. Microchip Technology’s dividend payout ratio is currently -535.29%.

Analysts Set New Price Targets

A number of research firms have weighed in on MCHP. Wall Street Zen raised Microchip Technology from a “sell” rating to a “hold” rating in a research report on Friday, June 27th. Needham & Company LLC upped their price target on Microchip Technology from $66.00 to $77.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. TD Cowen reduced their price target on Microchip Technology from $75.00 to $60.00 and set a “hold” rating for the company in a research report on Friday, August 8th. Citigroup upped their price target on Microchip Technology from $68.00 to $90.00 and gave the stock a “buy” rating in a research report on Monday, July 7th. Finally, Raymond James Financial upped their price target on Microchip Technology from $65.00 to $75.00 and gave the stock a “strong-buy” rating in a research report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Microchip Technology currently has a consensus rating of “Moderate Buy” and an average price target of $75.75.

About Microchip Technology

Microchip Technology Incorporated engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit mixed-signal microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications.