Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group Makes New Investment in Microchip Technology Incorporated $MCHP

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group bought a new position in Microchip Technology Incorporated (NASDAQ:MCHP) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 105,000 shares of the semiconductor company’s stock, valued at approximately $6,691,000. Microchip Technology accounts for about 3.3% of Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s investment portfolio, making the stock its 12th largest position.

A number of other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in Microchip Technology by 2.0% in the 4th quarter. Vanguard Group Inc. now owns 73,506,339 shares of the semiconductor company’s stock worth $4,683,824,000 after purchasing an additional 1,430,781 shares during the period. Boston Partners grew its position in Microchip Technology by 9.5% in the 3rd quarter. Boston Partners now owns 16,234,332 shares of the semiconductor company’s stock worth $1,044,024,000 after purchasing an additional 1,406,885 shares during the period. Victory Capital Management Inc. grew its position in Microchip Technology by 11.3% in the 3rd quarter. Victory Capital Management Inc. now owns 12,006,088 shares of the semiconductor company’s stock worth $806,821,000 after purchasing an additional 1,215,939 shares during the period. Bank of America Corp DE grew its position in Microchip Technology by 18.8% in the 3rd quarter. Bank of America Corp DE now owns 11,419,944 shares of the semiconductor company’s stock worth $733,389,000 after purchasing an additional 1,803,831 shares during the period. Finally, Barrow Hanley Mewhinney & Strauss LLC grew its position in Microchip Technology by 25.7% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 11,048,057 shares of the semiconductor company’s stock worth $709,506,000 after purchasing an additional 2,257,932 shares during the period. Institutional investors own 91.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Wells Fargo & Company lifted their target price on shares of Microchip Technology from $75.00 to $95.00 and gave the stock an “equal weight” rating in a research report on Friday, May 8th. KeyCorp reissued an “overweight” rating and set a $85.00 price objective on shares of Microchip Technology in a research report on Friday, February 6th. Rosenblatt Securities lifted their target price on Microchip Technology from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, May 8th. BNP Paribas Exane upgraded Microchip Technology from a “neutral” rating to an “outperform” rating and set a $90.00 target price on the stock in a research report on Thursday, January 22nd. Finally, Jefferies Financial Group restated a “hold” rating on shares of Microchip Technology in a research report on Wednesday, February 4th. Four analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Microchip Technology has an average rating of “Moderate Buy” and an average price target of $97.52.

Insiders Place Their Bets

In related news, CEO Steve Sanghi sold 416,581 shares of the company’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $88.53, for a total value of $36,879,915.93. Following the completion of the transaction, the chief executive officer owned 9,495,805 shares of the company’s stock, valued at approximately $840,663,616.65. This represents a 4.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 526,552 shares of company stock valued at $47,130,465. Corporate insiders own 1.94% of the company’s stock.

Microchip Technology Trading Up 0.3%

Shares of Microchip Technology stock opened at $97.04 on Friday. The company has a market capitalization of $52.51 billion, a P/E ratio of 462.12, a P/E/G ratio of 1.19 and a beta of 1.75. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.18 and a current ratio of 2.09. The company has a fifty day moving average of $75.64 and a 200 day moving average of $70.34. Microchip Technology Incorporated has a fifty-two week low of $48.52 and a fifty-two week high of $105.91.

Microchip Technology (NASDAQ:MCHP) last issued its earnings results on Thursday, May 7th. The semiconductor company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.07. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.26 billion. Microchip Technology had a net margin of 4.88% and a return on equity of 10.87%. Microchip Technology’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.11 EPS. Microchip Technology has set its Q1 2027 guidance at 0.670-0.710 EPS. On average, sell-side analysts anticipate that Microchip Technology Incorporated will post 2.21 earnings per share for the current fiscal year.

Microchip Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 22nd will be issued a $0.455 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.82 annualized dividend and a yield of 1.9%. Microchip Technology’s dividend payout ratio is currently 866.67%.

Key Headlines Impacting Microchip Technology

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

• Positive Sentiment: Cantor Fitzgerald reaffirmed its overweight rating and maintained a $125 price target, signaling confidence in Microchip Technology’s earnings and valuation outlook. Cantor Fitzgerald Overweight Rating Reaffirmed
• Positive Sentiment: Zacks Research upgraded Microchip Technology from hold to strong-buy, adding to the bullish analyst momentum. Zacks Upgrade to Strong-Buy
• Positive Sentiment: Another analyst raised the stock’s price target to $115.23, suggesting meaningful upside from current levels. Price Target Increased to 115.23
• Positive Sentiment: Microchip launched the EX-423 Evacuated Miniature Crystal Oscillator, a high-reliability timing product aimed at mission-critical markets such as aerospace, defense, medical, and satellite communications. EX-423 Product Launch
• Neutral Sentiment: Microchip also received a reaffirmed overweight rating from another market update, but this largely echoes the broader positive analyst sentiment already in place. Overweight Rating Reaffirmed
• Neutral Sentiment: A separate article highlighted Microchip’s long-term historical returns, which is informational but not a near-term stock catalyst. Long-Term Performance Article
• Negative Sentiment: One report said Microchip underperformed peers on Wednesday, suggesting some relative weakness versus competitors despite the bullish headlines. Underperforms Competitors

Microchip Technology Profile

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.