A number of research firms have changed their ratings and price targets for Microchip Technology (NASDAQ: MCHP):
- 8/21/2026 – Microchip Technology is now covered by BMO Capital Markets. They set an “outperform” rating and a $95.00 price target on the stock.
- 8/20/2026 – Microchip Technology was upgraded by BMO Capital Markets to “strong-buy”.
- 8/17/2026 – Microchip Technology was downgraded by Zacks Research from “strong-buy” to “hold”.
- 8/17/2026 – Microchip Technology had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $125.00 price target on the stock.
- 8/11/2026 – Microchip Technology was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
- 8/7/2026 – Microchip Technology had its “buy” rating reaffirmed by UBS Group AG. They now have a $120.00 price target on the stock, down from $130.00.
- 8/7/2026 – Microchip Technology had its price target lowered by Citigroup Inc. from $113.00 to $95.00. They now have a “buy” rating on the stock.
- 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 announced a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Monday, August 24th will be issued a dividend of $0.455 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $1.82 annualized dividend and a dividend yield of 2.5%. Microchip Technology’s payout ratio is presently 271.64%.
Insider Activity at Microchip Technology
In related news, CFO James Eric Bjornholt sold 837 shares of Microchip Technology stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $80.26, for a total transaction of $67,177.62. Following the completion of the sale, the chief financial officer directly owned 30,960 shares of the company’s stock, valued at approximately $2,484,849.60. This trade represents a 2.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO Richard J. Simoncic sold 5,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $97.52, for a total transaction of $487,600.00. Following the completion of the sale, the chief operating officer directly owned 130,508 shares of the company’s stock, valued at approximately $12,727,140.16. The trade was a 3.69% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 8,837 shares of company stock worth $847,338. Insiders own 1.79% of the company’s stock.
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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