Aristotle Capital Management LLC Has $842.71 Million Stock Holdings in Microchip Technology Incorporated $MCHP

Key Points

• Aristotle Capital Management LLC trimmed its stake in Microchip by 4.6% and now owns 13,122,105 shares (about 2.43%) valued at approximately $842.71 million, while institutional investors hold roughly 91.51% of the company.
• Wall Street consensus is a Moderate Buy with an average price target of $86, and multiple firms recently raised targets to $85–$90 amid mostly Buy/Strong Buy ratings.
• Microchip beat quarterly estimates with EPS of $0.44 (vs. $0.43) and revenue of $1.19 billion (up 15.6% YoY), set Q4 2026 guidance of $0.480–$0.520 EPS, and pays a $0.455 quarterly dividend (≈2.9% yield).

Aristotle Capital Management LLC trimmed its stake in Microchip Technology Incorporated (NASDAQ:MCHP - Free Report) by 4.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,122,105 shares of the semiconductor company's stock after selling 635,173 shares during the quarter. Aristotle Capital Management LLC owned approximately 2.43% of Microchip Technology worth $842,707,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Florida Trust Wealth Management Co grew its stake in shares of Microchip Technology by 3.3% in the third quarter. Florida Trust Wealth Management Co now owns 4,890 shares of the semiconductor company's stock valued at $314,000 after buying an additional 157 shares in the last quarter. Clean Yield Group increased its holdings in Microchip Technology by 9.4% during the third quarter. Clean Yield Group now owns 1,890 shares of the semiconductor company's stock worth $121,000 after buying an additional 163 shares during the last quarter. Slagle Financial LLC raised its position in Microchip Technology by 0.3% during the third quarter. Slagle Financial LLC now owns 64,485 shares of the semiconductor company's stock worth $4,141,000 after acquiring an additional 168 shares in the last quarter. Global Trust Asset Management LLC raised its position in Microchip Technology by 2.4% during the third quarter. Global Trust Asset Management LLC now owns 7,263 shares of the semiconductor company's stock worth $466,000 after acquiring an additional 169 shares in the last quarter. Finally, Bollard Group LLC lifted its stake in Microchip Technology by 5.8% in the second quarter. Bollard Group LLC now owns 3,178 shares of the semiconductor company's stock valued at $224,000 after acquiring an additional 173 shares during the last quarter. Institutional investors own 91.51% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Piper Sandler lifted their price objective on shares of Microchip Technology from $80.00 to $85.00 and gave the company an "overweight" rating in a research report on Thursday, January 15th. Wolfe Research set a $85.00 target price on shares of Microchip Technology in a report on Tuesday, January 6th. KeyCorp reiterated an "overweight" rating and issued a $85.00 target price on shares of Microchip Technology in a research note on Friday, February 6th. Stifel Nicolaus set a $90.00 price target on Microchip Technology in a research report on Friday, February 6th. Finally, Susquehanna upped their price objective on Microchip Technology from $75.00 to $90.00 and gave the company a "positive" rating in a research note on Thursday, January 22nd. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Microchip Technology currently has an average rating of "Moderate Buy" and a consensus target price of $86.00.

Microchip Technology Price Performance

NASDAQ:MCHP opened at $61.94 on Friday. The company has a market cap of $33.52 billion, a P/E ratio of -213.59, a P/E/G ratio of 1.56 and a beta of 1.45. The firm's fifty day moving average price is $74.21 and its two-hundred day moving average price is $66.61. Microchip Technology Incorporated has a one year low of $34.13 and a one year high of $83.35. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.16 and a quick ratio of 1.16.

Microchip Technology (NASDAQ:MCHP - Get Free Report) last posted its earnings results on Thursday, February 5th. The semiconductor company reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.43 by $0.01. Microchip Technology had a negative net margin of 1.57% and a positive return on equity of 7.16%. The company had revenue of $1.19 billion during the quarter, compared to analysts' expectations of $1.19 billion. During the same quarter last year, the company posted $0.20 EPS. Microchip Technology's quarterly revenue was up 15.6% compared to the same quarter last year. Microchip Technology has set its Q4 2026 guidance at 0.480-0.520 EPS. Equities analysts expect that Microchip Technology Incorporated will post 1.03 earnings per share for the current year.

Microchip Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Monday, February 23rd were given a dividend of $0.455 per share. The ex-dividend date was Monday, February 23rd. This represents a $1.82 annualized dividend and a yield of 2.9%. Microchip Technology's dividend payout ratio (DPR) is -627.59%.

Insider Activity

In other news, CEO Steve Sanghi sold 98,814 shares of the company's stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $80.55, for a total value of $7,959,467.70. Following the transaction, the chief executive officer owned 9,922,319 shares of the company's stock, valued at approximately $799,242,795.45. This represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.94% of the stock is currently owned by corporate insiders.

About Microchip Technology

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.

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