Microchip Technology Inc. vs T Rowe Price Group Inc — how do they compare? Microchip Technology Inc. trades at $83.3 (market cap $43.72B), while T Rowe Price Group Inc trades at $115.59 (market cap $25.14B). The key difference: Microchip Technology Inc. is the larger of the two by market cap, and T Rowe Price Group Inc pays the higher dividend (4.43%). Which is the better fit depends on your goals.
| MCHP | TROW | |
|---|---|---|
Market Cap | $43.72B | $25.14B |
Sector | Technology | Financials |
52-Week High | $102.97 | $120.16 |
52-Week Low | $49.02 | $86.19 |
Enterprise Value | $49.01B | $21.85B |
Dividend Yield | 2.26% | 4.43% |
Trailing returns across standard periods
Latest headlines on both assets
Microchip became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
Read more on MCHP →T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of August 2022, the firm had $1.339 trillion in managed assets, composed of equity (54%), balanced (30%), fixed-income (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 10% of its AUM from overseas.
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