Hennion & Walsh Asset Management Inc. Has $898,000 Stock Holdings in Microchip Technology Incorporated $MCHP

Hennion & Walsh Asset Management Inc. trimmed its holdings in shares of Microchip Technology Incorporated (NASDAQ:MCHP) by 50.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 13,990 shares of the semiconductor company’s stock after selling 14,009 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Microchip Technology were worth $898,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in MCHP. Robeco Institutional Asset Management B.V. lifted its stake in Microchip Technology by 9.3% during the third quarter. Robeco Institutional Asset Management B.V. now owns 10,440 shares of the semiconductor company’s stock worth $670,000 after purchasing an additional 890 shares during the period. Financiere des Professionnels Fonds d investissement inc. raised its holdings in shares of Microchip Technology by 7.3% in the 3rd quarter. Financiere des Professionnels Fonds d investissement inc. now owns 30,372 shares of the semiconductor company’s stock worth $1,950,000 after buying an additional 2,057 shares in the last quarter. SteelPeak Wealth LLC bought a new position in shares of Microchip Technology during the 3rd quarter worth approximately $2,845,000. Salomon & Ludwin LLC boosted its stake in Microchip Technology by 219.3% in the 3rd quarter. Salomon & Ludwin LLC now owns 479 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 329 shares in the last quarter. Finally, West Branch Capital LLC grew its position in Microchip Technology by 8.9% in the third quarter. West Branch Capital LLC now owns 3,730 shares of the semiconductor company’s stock valued at $240,000 after acquiring an additional 305 shares during the period. Institutional investors own 91.51% of the company’s stock.

Microchip Technology Trading Up 2.3%

Shares of NASDAQ MCHP opened at $75.22 on Friday. Microchip Technology Incorporated has a 1-year low of $34.13 and a 1-year high of $77.20. The company has a 50-day moving average of $61.37 and a two-hundred day moving average of $65.17. The company has a market cap of $40.65 billion, a PE ratio of -167.16, a P/E/G ratio of 2.23 and a beta of 1.46. The company has a current ratio of 2.25, a quick ratio of 1.20 and a debt-to-equity ratio of 0.80.

Microchip Technology (NASDAQ:MCHP) last released 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. Microchip Technology had a negative net margin of 4.39% and a positive return on equity of 5.21%. The business had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same period in the prior year, the firm earned $0.46 earnings per share. Microchip Technology’s revenue was down 2.0% compared to the same quarter last year. Microchip Technology has set its Q3 2026 guidance at 0.340-0.400 EPS. As a group, equities analysts expect that Microchip Technology Incorporated will post 1.03 earnings per share for the current fiscal year.

Microchip Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 9th. Stockholders of record on Monday, November 24th were paid 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 was Monday, November 24th. Microchip Technology’s dividend payout ratio (DPR) is -404.44%.

Insider Buying and Selling at Microchip Technology

In other news, CFO James Eric Bjornholt sold 4,292 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $50.39, for a total transaction of $216,273.88. Following the transaction, the chief financial officer owned 30,089 shares of the company’s stock, valued at $1,516,184.71. This represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.94% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on MCHP. Susquehanna cut their price objective on Microchip Technology from $85.00 to $75.00 and set a “positive” rating for the company in a report on Friday, November 7th. Morgan Stanley lifted their price target on shares of Microchip Technology from $68.00 to $69.00 and gave the company an “equal weight” rating in a report on Tuesday. Rosenblatt Securities reaffirmed a “buy” rating and set a $80.00 price objective on shares of Microchip Technology in a research note on Tuesday. Needham & Company LLC raised their price objective on shares of Microchip Technology from $75.00 to $77.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Mizuho boosted their target price on Microchip Technology from $80.00 to $83.00 and gave the stock an “outperform” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $77.62.

Microchip Technology News Roundup

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

• Positive Sentiment: Mizuho raised its price target on MCHP from $80 to $83 and kept an “outperform” rating, signaling further upside from current levels. Benzinga
• Positive Sentiment: Multiple firms issued bullish notes or upgrades (Needham, Rosenblatt, B. Riley, JPMorgan, Morgan Stanley), contributing to buying momentum and analyst-driven interest. Needham Rosenblatt B. Riley
• Positive Sentiment: Wells Fargo raised its price target for MCHP to $68 (another Wells Fargo note earlier had maintained a Hold). The PT bump helps support the rally alongside other upgrades. Wells Fargo PT Boost
• Positive Sentiment: Microchip raised Q4 sales guidance and shares reacted sharply (reported ~16% intraday lift after the guidance update), indicating improving demand expectations. Yahoo Finance
• Positive Sentiment: Product/partnership news: Microchip released custom firmware for its MEC1723 embedded controller to support NVIDIA DGX Spark personal AI supercomputers — enhances enterprise AI relevance. GlobeNewswire
• Neutral Sentiment: Wells Fargo also had a prior note maintaining a Hold on MCHP; mixed analyst views mean follow-through depends on upcoming results and macro appetite for semiconductors. Globe and Mail
• Negative Sentiment: Market-note on momentum risk: coverage pieces and trading commentary flagged a sharp spike (15%) that could invite a short-term pullback — investors should watch volume, near-term profit-taking and the company’s next earnings/guidance cadence. TipRanks

Microchip Technology Company 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.