Meiji Yasuda Asset Management Co Ltd. Makes New $6.82 Million Investment in Microchip Technology Incorporated $MCHP

Posted by Stanley Muller on Aug 24th, 2026

Meiji Yasuda Asset Management Co Ltd. purchased a new stake in Microchip Technology Incorporated (NASDAQ:MCHP – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 74,740 shares of the semiconductor company’s stock, valued at approximately $6,816,000.

A number of other hedge funds have also modified their holdings of the business. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Microchip Technology during the 2nd quarter valued at $537,423,000. Haverford Trust Co purchased a new stake in shares of Microchip Technology in the second quarter valued at $336,000. Vista Investment Management purchased a new stake in shares of Microchip Technology in the second quarter valued at $1,837,000. Compass Financial Management LLC acquired a new stake in shares of Microchip Technology during the second quarter valued at $129,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in shares of Microchip Technology during the second quarter valued at $2,929,000. 91.51% of the stock is owned by hedge funds and other institutional investors.

Microchip Technology Price Performance

MCHP opened at $76.08 on Monday. Microchip Technology Incorporated has a 1 year low of $48.52 and a 1 year high of $105.91. The company’s 50 day simple moving average is $84.29 and its 200 day simple moving average is $81.51. The stock has a market capitalization of $41.31 billion, a PE ratio of 113.55, a P/E/G ratio of 0.53 and a beta of 1.76. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.11 and a current ratio of 1.92.

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

Microchip Technology Dividend Announcement

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

Insider Buying and Selling

In related news, Director Matthew W. Chapman sold 3,000 shares of Microchip Technology stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $97.52, for a total value of $292,560.00. Following the transaction, the director owned 17,665 shares in the company, valued at approximately $1,722,690.80. This trade represents a 14.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO James Eric Bjornholt sold 837 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $80.26, for a total value of $67,177.62. Following the sale, the chief financial officer directly owned 30,960 shares of the company’s stock, valued at approximately $2,484,849.60. This trade represents a 2.63% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 8,837 shares of company stock valued at $847,338. 1.79% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Wells Fargo & Company cut their target price on shares of Microchip Technology from $95.00 to $88.00 and set an “equal weight” rating for the company in a research note on Monday, July 20th. Barclays lifted their price target 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. Citigroup decreased their target price on shares of Microchip Technology from $113.00 to $95.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. UBS Group reaffirmed a “buy” rating and issued a $120.00 target price (down from $130.00) on shares of Microchip Technology in a research note on Friday, August 7th. Finally, BMO Capital Markets began coverage on Microchip Technology in a research note on Friday. They set an “outperform” rating and a $95.00 price target on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $98.67.

View Our Latest Stock Analysis on MCHP

Microchip Technology 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.