Federated Hermes Inc. Buys 84,431 Shares of Microchip Technology Incorporated $MCHP

Posted by Micah Haroldson on Jan 31st, 2026

Federated Hermes Inc. boosted its position in shares of Microchip Technology Incorporated (NASDAQ:MCHP – Free Report) by 19.6% during the third quarter, Holdings Channel.com reports. The fund owned 516,206 shares of the semiconductor company’s stock after acquiring an additional 84,431 shares during the quarter. Federated Hermes Inc.’s holdings in Microchip Technology were worth $33,151,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. AQR Capital Management LLC raised its stake in Microchip Technology by 51.3% during the 1st quarter. AQR Capital Management LLC now owns 17,201 shares of the semiconductor company’s stock valued at $827,000 after purchasing an additional 5,835 shares during the period. Geneos Wealth Management Inc. grew its holdings in shares of Microchip Technology by 101.8% in the first quarter. Geneos Wealth Management Inc. now owns 1,221 shares of the semiconductor company’s stock valued at $59,000 after purchasing an additional 616 shares in the last quarter. HB Wealth Management LLC grew its stake in shares of Microchip Technology by 30.7% in the 2nd quarter. HB Wealth Management LLC now owns 21,054 shares of the semiconductor company’s stock worth $1,482,000 after buying an additional 4,946 shares in the last quarter. Capital Investment Advisors LLC purchased a new position in Microchip Technology in the second quarter worth about $313,000. Finally, Parsons Capital Management Inc. RI purchased a new position in shares of Microchip Technology in the 2nd quarter worth approximately $280,000. 91.51% of the stock is owned by institutional investors.

Microchip Technology Price Performance

Shares of NASDAQ:MCHP opened at $75.92 on Friday. The company has a current ratio of 2.25, a quick ratio of 1.20 and a debt-to-equity ratio of 0.80. The company’s 50 day moving average is $67.48 and its 200 day moving average is $65.47. Microchip Technology Incorporated has a twelve month low of $34.13 and a twelve month high of $81.43. The company has a market cap of $41.03 billion, a PE ratio of -168.71, a price-to-earnings-growth ratio of 2.03 and a beta of 1.46.

Microchip Technology (NASDAQ:MCHP – Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.33 by $0.02. The company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.13 billion. Microchip Technology had a negative net margin of 4.39% and a positive return on equity of 5.21%. The firm’s revenue was down 2.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.46 earnings per share. Microchip Technology has set its Q3 2026 guidance at 0.340-0.400 EPS. On average, sell-side analysts forecast that Microchip Technology Incorporated will post 1.03 EPS for the current year.

Microchip Technology Announces Dividend

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

Key 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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. BNP Paribas Exane upgraded shares of Microchip Technology from a “neutral” rating to an “outperform” rating and set a $90.00 target price for the company in a report on Thursday, January 22nd. Susquehanna raised their price objective on Microchip Technology from $75.00 to $90.00 and gave the stock a “positive” rating in a report on Thursday, January 22nd. Stifel Nicolaus set a $80.00 price target on shares of Microchip Technology and gave the company a “buy” rating in a report on Tuesday, January 6th. TD Cowen cut their price target on Microchip Technology from $65.00 to $60.00 and set a “hold” rating on the stock in a report on Friday, November 7th. Finally, B. Riley lifted their price objective on shares of Microchip Technology from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Three investment 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $82.05.

Check Out Our Latest Research Report on Microchip Technology

Insider Buying and Selling at Microchip Technology

In other Microchip Technology news, CFO James Eric Bjornholt sold 4,292 shares of Microchip Technology stock in a transaction 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 transaction, the chief financial officer owned 30,089 shares of the company’s stock, valued at approximately $1,516,184.71. The trade was a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Steve Sanghi sold 98,814 shares of the firm’s stock in a transaction dated Wednesday, January 28th. The shares were sold at an average price of $80.55, for a total value of $7,959,467.70. Following the sale, the chief executive officer owned 9,922,319 shares in the company, valued at $799,242,795.45. This trade represents a 0.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 121,615 shares of company stock worth $9,641,654. 1.94% of the stock is owned by company insiders.

Microchip Technology Company Profile

(Free Report)

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.