Armstrong Henry H Associates Inc. Takes $222,000 Position in Micron Technology, Inc. $MU

Key Points

• Armstrong Henry H Associates Inc. purchased a new position in Micron Technology, acquiring 1,800 shares valued at approximately $222,000 during the second quarter.
• The stock has attracted significant interest from institutional investors, with over 80.84% of shares owned by such entities, including notable stakes from firms like Nuveen LLC and Vanguard Group.
• Micron Technology recently reported better-than-expected quarterly earnings with an EPS of $1.91, exceeding the consensus estimate, and increased its Q4 2025 EPS guidance.

Armstrong Henry H Associates Inc. acquired a new position in Micron Technology, Inc. (NASDAQ:MU - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,800 shares of the semiconductor manufacturer's stock, valued at approximately $222,000.

Several other institutional investors have also bought and sold shares of MU. Nuveen LLC acquired a new stake in Micron Technology in the first quarter worth about $369,191,000. Vanguard Group Inc. lifted its holdings in Micron Technology by 2.1% in the first quarter. Vanguard Group Inc. now owns 101,906,368 shares of the semiconductor manufacturer's stock worth $8,854,644,000 after purchasing an additional 2,049,163 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Micron Technology by 23.8% in the first quarter. Goldman Sachs Group Inc. now owns 10,616,488 shares of the semiconductor manufacturer's stock worth $922,467,000 after purchasing an additional 2,038,641 shares during the period. GAMMA Investing LLC lifted its holdings in Micron Technology by 10,369.6% in the first quarter. GAMMA Investing LLC now owns 1,873,435 shares of the semiconductor manufacturer's stock worth $162,783,000 after purchasing an additional 1,855,541 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in Micron Technology by 26.3% in the first quarter. Dimensional Fund Advisors LP now owns 6,800,052 shares of the semiconductor manufacturer's stock worth $590,807,000 after purchasing an additional 1,416,174 shares during the period. Institutional investors and hedge funds own 80.84% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on MU. The Goldman Sachs Group began coverage on shares of Micron Technology in a report on Thursday, July 10th. They issued a "neutral" rating and a $130.00 price objective for the company. KGI Securities downgraded shares of Micron Technology from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 23rd. Wedbush upped their price target on shares of Micron Technology from $150.00 to $165.00 and gave the company an "outperform" rating in a report on Thursday, June 26th. UBS Group upped their price target on shares of Micron Technology from $120.00 to $155.00 and gave the company a "buy" rating in a report on Thursday, June 26th. Finally, KeyCorp upped their price target on shares of Micron Technology from $135.00 to $160.00 and gave the company an "overweight" rating in a report on Thursday, June 26th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $151.76.

Micron Technology Price Performance

NASDAQ MU opened at $157.23 on Friday. The stock's 50-day moving average price is $119.94 and its two-hundred day moving average price is $103.25. The company has a current ratio of 2.75, a quick ratio of 1.89 and a debt-to-equity ratio of 0.30. The company has a market cap of $175.96 billion, a PE ratio of 28.33 and a beta of 1.47. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $158.28.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly earnings data on Wednesday, June 25th. The semiconductor manufacturer reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.34. The firm had revenue of $9.30 billion for the quarter, compared to the consensus estimate of $8.83 billion. Micron Technology had a return on equity of 13.60% and a net margin of 18.41%.During the same quarter in the previous year, the company earned $0.62 EPS. Micron Technology has set its Q4 2025 guidance at 2.350-2.650 EPS. On average, analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 22nd. Shareholders of record on Monday, July 7th were issued a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, July 7th. Micron Technology's payout ratio is presently 8.29%.

Insider Activity

In other Micron Technology news, Director Steven J. Gomo sold 7,000 shares of the business's stock in a transaction dated Friday, June 27th. The stock was sold at an average price of $125.15, for a total transaction of $876,050.00. Following the sale, the director owned 22,762 shares in the company, valued at approximately $2,848,664.30. The trade was a 23.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Manish H. Bhatia sold 80,000 shares of the company's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $123.16, for a total value of $9,852,800.00. Following the completion of the transaction, the executive vice president owned 275,067 shares in the company, valued at $33,877,251.72. This represents a 22.53% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 275,946 shares of company stock worth $33,962,819. 0.30% of the stock is owned by company insiders.

Micron Technology Company Profile

Micron Technology, Inc designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

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