Research Analysts Offer Predictions for MCHP Q3 Earnings

Microchip Technology Incorporated (NASDAQ:MCHP - Free Report) - Analysts at B. Riley dropped their Q3 2025 earnings estimates for Microchip Technology in a report released on Friday, January 24th. B. Riley analyst C. Ellis now anticipates that the semiconductor company will post earnings of $0.19 per share for the quarter, down from their previous forecast of $0.23. B. Riley currently has a "Buy" rating and a $85.00 price target on the stock. The consensus estimate for Microchip Technology's current full-year earnings is $1.31 per share. B. Riley also issued estimates for Microchip Technology's Q4 2025 earnings at $0.22 EPS, FY2025 earnings at $1.27 EPS, Q1 2026 earnings at $0.33 EPS, Q2 2026 earnings at $0.43 EPS, Q3 2026 earnings at $0.47 EPS, Q4 2026 earnings at $0.54 EPS and FY2026 earnings at $1.76 EPS.

MCHP has been the subject of a number of other research reports. KeyCorp cut their price objective on shares of Microchip Technology from $90.00 to $70.00 and set an "overweight" rating for the company in a research report on Tuesday, January 14th. Needham & Company LLC reissued a "buy" rating and set a $85.00 price target on shares of Microchip Technology in a report on Tuesday, December 3rd. TD Cowen decreased their price objective on Microchip Technology from $80.00 to $70.00 and set a "hold" rating on the stock in a research note on Wednesday, November 6th. Rosenblatt Securities reiterated a "buy" rating and set a $90.00 price objective on shares of Microchip Technology in a research note on Wednesday, November 6th. Finally, Citigroup decreased their target price on shares of Microchip Technology from $92.00 to $82.00 and set a "buy" rating on the stock in a research note on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $84.00.

Microchip Technology Stock Performance

NASDAQ MCHP traded down $0.96 during trading hours on Monday, hitting $56.27. 6,090,586 shares of the company's stock traded hands, compared to its average volume of 7,986,912. Microchip Technology has a 52 week low of $54.47 and a 52 week high of $100.57. The firm has a market capitalization of $30.22 billion, a P/E ratio of 39.35 and a beta of 1.52. The company has a current ratio of 0.88, a quick ratio of 0.48 and a debt-to-equity ratio of 0.71. The business's fifty day moving average price is $60.12 and its two-hundred day moving average price is $72.08.

Microchip Technology (NASDAQ:MCHP - Get Free Report) last announced its quarterly earnings results on Tuesday, November 5th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.43 by $0.03. Microchip Technology had a return on equity of 19.47% and a net margin of 14.22%. The firm had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the prior year, the company posted $1.54 earnings per share. The company's quarterly revenue was down 48.4% on a year-over-year basis.

Microchip Technology Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were given a dividend of $0.455 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $1.82 annualized dividend and a yield of 3.23%. This is a positive change from Microchip Technology's previous quarterly dividend of $0.45. Microchip Technology's dividend payout ratio (DPR) is 127.27%.

Hedge Funds Weigh In On Microchip Technology

A number of large investors have recently made changes to their positions in the company. Thompson Investment Management Inc. increased its stake in shares of Microchip Technology by 3,762.1% during the fourth quarter. Thompson Investment Management Inc. now owns 82,841 shares of the semiconductor company's stock valued at $4,751,000 after buying an additional 80,696 shares during the period. Vest Financial LLC raised its holdings in shares of Microchip Technology by 68.3% during the fourth quarter. Vest Financial LLC now owns 12,081 shares of the semiconductor company's stock worth $693,000 after purchasing an additional 4,903 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Microchip Technology by 13.2% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 66,680 shares of the semiconductor company's stock valued at $3,824,000 after acquiring an additional 7,780 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in shares of Microchip Technology by 1.2% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,144,811 shares of the semiconductor company's stock worth $123,005,000 after acquiring an additional 25,451 shares during the period. Finally, Buck Wealth Strategies LLC raised its stake in shares of Microchip Technology by 78.2% during the 4th quarter. Buck Wealth Strategies LLC now owns 117,245 shares of the semiconductor company's stock worth $6,724,000 after buying an additional 51,448 shares during the period. 91.51% of the stock is owned by hedge funds and other institutional investors.

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.