Microchip Technology (MCHP) – Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for Microchip Technology (NASDAQ: MCHP):

• 8/7/2026 – Microchip Technology had its “buy” rating reaffirmed by UBS Group AG.
• 8/7/2026 – Microchip Technology had its price target lowered by Truist Financial Corporation from $105.00 to $90.00. They now have a “hold” rating on the stock.
• 8/7/2026 – Microchip Technology had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $120.00 price target on the stock.
• 8/3/2026 – Microchip Technology had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $125.00 price target on the stock.
• 7/24/2026 – Microchip Technology was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 7/20/2026 – Microchip Technology had its price target lowered by Wells Fargo & Company from $95.00 to $88.00. They now have an “equal weight” rating on the stock.
• 7/13/2026 – Microchip Technology had its price target lowered by TD Cowen from $105.00 to $90.00. They now have a “hold” rating on the stock.

Microchip Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Monday, August 24th will be issued a $0.455 dividend. This represents a $1.82 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Monday, August 24th. Microchip Technology’s dividend payout ratio (DPR) is presently 866.67%.

Insider Activity

In other Microchip Technology news, COO Richard J. Simoncic sold 5,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $93.44, for a total value of $467,200.00. Following the completion of the transaction, the chief operating officer owned 135,508 shares in the company, valued at $12,661,867.52. This trade represents a 3.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Matthew W. Chapman sold 10,000 shares of Microchip Technology stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $95.48, for a total value of $954,800.00. Following the transaction, the director directly owned 20,665 shares of the company’s stock, valued at $1,973,094.20. The trade was a 32.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 26,750 shares of company stock worth $2,543,170. 1.79% of the stock is owned by corporate insiders.

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.