Canada Pension Plan Investment Board Buys New Shares in Microchip Technology Incorporated $MCHP

Posted by Brenda Bartman on Aug 28th, 2026

Canada Pension Plan Investment Board bought a new position in shares of Microchip Technology Incorporated (NASDAQ:MCHP – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 451,728 shares of the semiconductor company’s stock, valued at approximately $41,198,000. Canada Pension Plan Investment Board owned approximately 0.08% of Microchip Technology as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. EFG International AG bought a new stake in shares of Microchip Technology in the 4th quarter worth approximately $29,000. Miller Capital Partners Inc. bought a new stake in shares of Microchip Technology during the fourth quarter valued at approximately $29,000. Continuum Advisory LLC bought a new stake in shares of Microchip Technology during the second quarter valued at approximately $30,000. Johnson Financial Group Inc. acquired a new position in shares of Microchip Technology in the second quarter valued at $31,000. Finally, Reflection Asset Management acquired a new position in shares of Microchip Technology in the fourth quarter valued at $33,000. 91.51% of the stock is currently owned by institutional investors.

Insider Transactions at Microchip Technology

In other Microchip Technology news, COO Richard J. Simoncic sold 5,000 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $97.52, for a total transaction of $487,600.00. Following the sale, the chief operating officer directly owned 130,508 shares of the company’s stock, valued at approximately $12,727,140.16. This represents a 3.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO James Eric Bjornholt sold 4,112 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $75.32, for a total transaction of $309,715.84. Following the sale, the chief financial officer directly owned 28,573 shares of the company’s stock, valued at approximately $2,152,118.36. The trade was a 12.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 9,949 shares of company stock worth $864,493. Company insiders own 1.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on MCHP shares. Citigroup decreased their price target on shares of Microchip Technology from $113.00 to $95.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Truist Financial dropped their price objective on shares of Microchip Technology from $105.00 to $90.00 and set a “hold” rating for the company in a research note on Friday, August 7th. Barclays raised their price objective on shares of Microchip Technology from $80.00 to $105.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. TD Cowen lowered their target price on shares of Microchip Technology from $105.00 to $90.00 and set a “hold” rating on the stock in a research note on Monday, July 13th. Finally, Wells Fargo & Company dropped their price target on shares of Microchip Technology from $95.00 to $88.00 and set an “equal weight” rating for the company in a research report on Monday, July 20th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, Microchip Technology has an average rating of “Moderate Buy” and a consensus target price of $98.67.

Get Our Latest Stock Analysis on Microchip Technology

Microchip Technology Stock Performance

Microchip Technology stock opened at $75.49 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.92 and a quick ratio of 1.11. The stock has a fifty day moving average price of $82.44 and a two-hundred day moving average price of $81.43. Microchip Technology Incorporated has a 52-week low of $48.52 and a 52-week high of $105.91. The firm has a market capitalization of $40.99 billion, a P/E ratio of 112.67, a P/E/G ratio of 0.52 and a beta of 1.76.

Microchip Technology (NASDAQ:MCHP – Get Free Report) last issued its earnings results on Thursday, August 6th. The semiconductor company reported $0.76 EPS for the quarter, beating the consensus estimate of $0.70 by $0.06. Microchip Technology had a net margin of 9.34% and a return on equity of 14.97%. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter in the previous year, the company earned $0.27 EPS. The firm’s revenue for the quarter was up 38.0% compared to the same quarter last year. Microchip Technology has set its Q2 2027 guidance at 0.910-0.950 EPS. As a group, analysts anticipate that Microchip Technology Incorporated will post 3.16 EPS for the current fiscal year.

Microchip Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Monday, August 24th will be given a $0.455 dividend. The ex-dividend date is Monday, August 24th. This represents a $1.82 dividend on an annualized basis and a yield of 2.4%. Microchip Technology’s payout ratio is 271.64%.

About Microchip Technology

(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.