Venture Visionary Partners LLC Boosts Position in Microchip Technology Incorporated $MCHP

Key Points

• Venture Visionary Partners LLC increased its holdings in Microchip Technology by 99.3%, acquiring an additional 5,293 shares to own a total of 10,623 shares valued at $514,000.
• Microchip Technology reported a Q2 2026 EPS guidance between $0.340 and $0.370, with a quarterly revenue of $1.08 billion, exceeding analysts' estimates of $1.05 billion.
• The firm declared a quarterly dividend of $0.455, with an annualized yield of 2.8%, scheduled for payment to shareholders on September 5th.

Venture Visionary Partners LLC boosted its position in Microchip Technology Incorporated (NASDAQ:MCHP - Free Report) by 99.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,623 shares of the semiconductor company's stock after purchasing an additional 5,293 shares during the quarter. Venture Visionary Partners LLC's holdings in Microchip Technology were worth $514,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Garde Capital Inc. acquired a new stake in shares of Microchip Technology in the 1st quarter worth $30,000. Orion Capital Management LLC purchased a new stake in Microchip Technology in the 4th quarter valued at about $41,000. Byrne Asset Management LLC purchased a new stake in Microchip Technology in the 1st quarter valued at about $41,000. GW&K Investment Management LLC raised its holdings in Microchip Technology by 161.0% in the 1st quarter. GW&K Investment Management LLC now owns 937 shares of the semiconductor company's stock valued at $45,000 after buying an additional 578 shares during the period. Finally, American National Bank & Trust purchased a new stake in Microchip Technology in the 1st quarter valued at about $48,000. 91.51% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently weighed in on MCHP. Morgan Stanley increased their price objective on shares of Microchip Technology from $39.00 to $50.00 and gave the stock an "equal weight" rating in a research report on Friday, May 9th. Zacks Research cut Microchip Technology from a "strong-buy" rating to a "hold" rating in a report on Monday, August 18th. Wall Street Zen upgraded Microchip Technology from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Cantor Fitzgerald initiated coverage on Microchip Technology in a research note on Wednesday, June 18th. They issued a "neutral" rating and a $70.00 price objective for the company. Finally, Needham & Company LLC lifted their price objective on Microchip Technology from $66.00 to $77.00 and gave the company a "buy" rating in a research note on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat, Microchip Technology currently has a consensus rating of "Moderate Buy" and a consensus price target of $76.58.

Microchip Technology Stock Performance

MCHP traded up $3.04 during trading on Friday, hitting $69.14. 12,427,539 shares of the stock were exchanged, compared to its average volume of 9,435,212. The firm has a market capitalization of $37.31 billion, a P/E ratio of -203.35, a PEG ratio of 2.00 and a beta of 1.55. The company has a quick ratio of 1.33, a current ratio of 2.31 and a debt-to-equity ratio of 0.80. The stock has a fifty day moving average price of $69.57 and a two-hundred day moving average price of $58.84. Microchip Technology Incorporated has a 1-year low of $34.13 and a 1-year high of $82.65.

Microchip Technology (NASDAQ:MCHP - Get Free Report) last released its earnings results on Thursday, August 7th. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.03. The business had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.05 billion. Microchip Technology had a positive return on equity of 6.24% and a negative net margin of 3.50%.The company's revenue for the quarter was down 13.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 earnings per share. Microchip Technology has set its Q2 2026 guidance at 0.340-0.370 EPS. As a group, sell-side analysts predict that Microchip Technology Incorporated will post 1.03 earnings per share for the current year.

Microchip Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 5th. Investors of record on Friday, August 22nd will be issued a dividend of $0.455 per share. This represents a $1.82 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Friday, August 22nd. Microchip Technology's dividend payout ratio is currently -535.29%.

Microchip Technology Company Profile

Microchip Technology Incorporated engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit mixed-signal microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications.