Federated Hermes Invests Heavily in Microchip Technology Incorporated
December 24, 2022
Trending News 🌥️
Microchip Technology Stock Intrinsic Value – Microchip Technology ($NASDAQ:MCHP) Incorporated is a global leader in the semiconductor industry, specializing in the design and manufacture of microcontrollers, analog, security, and other embedded solutions. Its products are used in a wide range of industries, from automotive to medical, and from consumer electronics to industrial applications. Federated Hermes Inc. has recently announced that it has purchased 135878 shares of Microchip Technology Incorporated. This purchase is part of their strategic investment plan to expand their portfolio of technology investments. The total investment is valued at around $2 billion.
This strategic move will allow Federated Hermes Inc. to further diversify its holdings and capitalize on the potential of Microchip Technology Incorporated. This strategic investment is reflective of the company’s confidence in the potential of Microchip Technology Incorporated. With this strategic investment, Federated Hermes Inc. is showing its commitment to investing in innovative technologies that have the potential for long-term growth. This strategic investment will allow them to capitalize on the potential of Microchip Technology Incorporated, and it also shows their commitment to investing in the future of the semiconductor industry.
Market Price
The media sentiment in response to the news has mostly been positive so far.
However, the stock for Microchip Technology Incorporated opened at $73.0 and closed at $71.5, a decrease of 1.6% from prior closing price of 72.7. These products are used in a wide range of applications such as automotive, biomedical, consumer electronics, industrial, and communication products. The company also offers a wide range of analog and mixed-signal products that are used in the automotive and industrial markets. The investment by Federated Hermes Inc. will help Microchip Technology Incorporated to expand its product portfolio and increase its market share in the semiconductor industry. This will enable the company to become a more competitive player in the semiconductor market. This investment will help to create new opportunities for Microchip Technology Incorporated to further expand its products and services. This will ultimately benefit the customers who use the company’s products and services. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Microchip Technology. More…
| Total Revenues | Net Income | Net Margin |
| 7.64k | 1.84k | 24.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Microchip Technology. More…
| Operations | Investing | Financing |
| 3.23k | -553.6 | -2.63k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Microchip Technology. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 16.14k | 10.04k | 11.1 |
Key Ratios Snapshot
Some of the financial key ratios for Microchip Technology are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.5% | 45.2% | 32.5% |
| FCF Margin | ROE | ROA |
| 36.6% | 25.7% | 9.6% |
VI Analysis – Microchip Technology Stock Intrinsic Value
Microchip Technology Inc. is a well-known leader in the semiconductor industry and its fundamentals reflect its long term potential. This can be easily seen by using the VI App, which simplifies the analysis of the company’s financials. According to the app, Microchip Technology’s fair value is around $79.8, calculated by VI Line. Currently, the company’s stock is traded at $71.5, undervaluing the stock by 10%. This provides investors with a great opportunity to invest in a company that has consistently delivered strong results and is likely to continue doing so in the future. Those looking to invest in this company should consider its strong balance sheet, cash flow, dividends and profitability. Moreover, its return on equity, return on assets and net profit margin are all above industry average. All these characteristics make Microchip Technology an attractive investment option for those looking for long-term growth prospects. More…
VI Peers
Microchip Technology Inc is a publicly traded company that designs, develops, and manufactures semiconductor products for a variety of embedded control applications. The company offers microcontrollers, development tools, analog and interface products, wireless and wired connectivity products, memory products, and digital power products. It serves customers in the automotive, communications, computing, consumer, and industrial markets. The company was founded in 1987 and is headquartered in Chandler, Arizona.
Globetronics Technology Bhd is a Malaysia-based company that provides semiconductor assembly and test services. It offers a range of services, including wafer fabrication, wafer probing, final test, packaging, and others. The company serves customers in the automotive, communications, computing, consumer, and industrial markets.
Wafer Works Corp is a Taiwan-based company that provides wafer foundry services. It offers a range of services, including wafer fabrication, final test, and packaging. The company serves customers in the automotive, communications, computing, consumer, and industrial markets.
Skyworks Solutions Inc is a publicly traded company that designs, develops, and manufactures semiconductor products for a variety of radio frequency (RF) and microwave applications. The company offers a range of products, including amplifiers, attenuators, circulators, detectors, diodes, directional couplers, mixers, modulators, oscillators, phase shifters, power dividers/combiners, receivers, switches, and transmitters. It serves customers in the automotive, communications, computing, consumer, industrial, medical, military, and aerospace markets.
– Globetronics Technology Bhd ($KLSE:7022)
Globetronics Technology Bhd is a Malaysian-based company that designs, manufactures and supplies precision sensors, optical and electronic products. The company has a market cap of 696.22M as of 2022 and a Return on Equity of 11.73%. Globetronics Technology Bhd’s products are used in a variety of industries including automotive, healthcare, consumer electronics and industrial.
– Wafer Works Corp ($TPEX:6182)
Wafer Works Corp is a leading provider of semiconductor wafers with a market cap of 21.1B as of 2022. The company has a return on equity of 16.27%. Wafer Works Corp is a leading provider of semiconductor wafers used in the manufacture of integrated circuits. The company’s wafers are used in a variety of electronic devices, including computers, cell phones, and other electronic devices.
– Skyworks Solutions Inc ($NASDAQ:SWKS)
Skyworks Solutions Inc is a company that manufactures radio frequency and microwave semiconductor products. The company has a market cap of 13.11B as of 2022 and a ROE of 25.56%. The company’s products are used in a wide variety of wireless communication applications, including smartphones, tablets, laptops, and other mobile devices.
Summary
Federated Hermes Inc. has recently made a major investment in Microchip Technology Incorporated, a leading provider of innovative integrated circuits and digital solutions. The investment is seen as a major vote of confidence in the company and its products, as the firm is well known for its reputation for innovation and quality. The strategic move to invest in Microchip Technology Incorporated is expected to bring many benefits to Federated Hermes Inc., including access to advanced technology and expertise, better value for money, and improved competitive advantage.
In addition, the company’s commitment to research and development will help Federated Hermes Inc. to stay ahead of the curve in terms of technological advances in their industry. Microchip Technology Incorporated is one of the most respected companies in the semiconductor industry and is known for its ability to develop innovative solutions for customers. Its products include microcontrollers, analog ICs, programmable logic devices, development tools, and software solutions. The company boasts a wide range of products that are used in a variety of industries, including automotive, medical, aerospace, consumer electronics, and industrial applications. The investment by Federated Hermes Inc. in Microchip Technology Incorporated is a sign of the company’s commitment to staying at the forefront of the industry. With its wide range of products, the company will be able to take advantage of new trends and developments in the semiconductor industry. Furthermore, the company’s commitment to research and development will help Federated Hermes Inc. to stay ahead of the competition. The investment in Microchip Technology Incorporated is also a sign of Federated Hermes Inc.’s faith in the company’s long-term potential and its ability to continue to provide innovative solutions to customers. With its extensive experience in the semiconductor industry, Microchip Technology Incorporated is expected to remain a leader in its field for many years to come.
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