Calton & Associates Inc. Takes Position in Micron Technology, Inc. $MU

Key Points

• Calton & Associates Inc. invested approximately $551,000 in Micron Technology, acquiring 6,343 shares during the first quarter, highlighting increased institutional interest in the company.
• Analysts are optimistic about Micron Technology, raising their price targets significantly; Piper Sandler increased its target to $165.00 and KeyCorp to $160.00, while maintaining an "overweight" rating.
• Micron Technology recently reported $1.91 earnings per share for the last quarter, exceeding expectations and raising their Q4 2025 EPS guidance to between 2.350 and 2.650.

Calton & Associates Inc. bought a new stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 6,343 shares of the semiconductor manufacturer's stock, valued at approximately $551,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sunbeam Capital Management LLC bought a new stake in Micron Technology during the 4th quarter valued at $26,000. Opal Wealth Advisors LLC bought a new stake in Micron Technology in the 1st quarter worth $33,000. AllSquare Wealth Management LLC increased its position in shares of Micron Technology by 100.0% in the first quarter. AllSquare Wealth Management LLC now owns 400 shares of the semiconductor manufacturer's stock valued at $35,000 after acquiring an additional 200 shares during the period. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Micron Technology during the first quarter valued at about $36,000. Finally, Roxbury Financial LLC boosted its holdings in shares of Micron Technology by 306.1% during the first quarter. Roxbury Financial LLC now owns 398 shares of the semiconductor manufacturer's stock worth $37,000 after purchasing an additional 300 shares during the period. 80.84% of the stock is currently owned by institutional investors.

Micron Technology Stock Down 0.4%

NASDAQ:MU traded down $0.53 during mid-day trading on Tuesday, hitting $118.48. 12,421,123 shares of the company's stock were exchanged, compared to its average volume of 22,579,229. The company has a market cap of $132.59 billion, a PE ratio of 21.35 and a beta of 1.47. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.75 and a quick ratio of 1.89. Micron Technology, Inc. has a one year low of $61.54 and a one year high of $129.85. The business has a fifty day moving average price of $118.11 and a 200 day moving average price of $101.12.

Micron Technology (NASDAQ:MU - Get Free Report) last released its earnings results on Wednesday, June 25th. The semiconductor manufacturer reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.34. Micron Technology had a net margin of 18.41% and a return on equity of 13.60%. The firm had revenue of $9.30 billion during the quarter, compared to analyst estimates of $8.83 billion. During the same period last year, the business earned $0.62 earnings per share. Micron Technology has set its Q4 2025 guidance at 2.350-2.650 EPS. Equities 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 paid a dividend of $0.115 per share. The ex-dividend date was Monday, July 7th. This represents a $0.46 dividend on an annualized basis and a yield of 0.4%. Micron Technology's payout ratio is presently 8.29%.

Analyst Upgrades and Downgrades

A number of research firms have commented on MU. The Goldman Sachs Group began coverage on Micron Technology in a research report on Thursday, July 10th. They set a "neutral" rating and a $130.00 price target for the company. Wells Fargo & Company boosted their target price on Micron Technology from $150.00 to $170.00 and gave the company an "overweight" rating in a research note on Thursday, June 26th. Barclays raised their price target on Micron Technology from $95.00 to $140.00 and gave the stock an "overweight" rating in a research note on Thursday, June 26th. Rosenblatt Securities reiterated a "buy" rating and issued a $200.00 price target on shares of Micron Technology in a report on Monday, August 11th. Finally, KeyCorp boosted their price objective on shares of Micron Technology from $135.00 to $160.00 and gave the company an "overweight" rating in a research report on Thursday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Micron Technology presently has an average rating of "Moderate Buy" and an average target price of $147.54.

Insiders Place Their Bets

In other news, EVP Manish H. Bhatia sold 80,000 shares of Micron Technology stock in a transaction dated Monday, June 30th. The stock was 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 of the company's stock, valued at $33,877,251.72. The trade was a 22.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mary Pat Mccarthy sold 2,404 shares of the company's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $121.28, for a total transaction of $291,557.12. Following the completion of the transaction, the director owned 22,550 shares in the company, valued at approximately $2,734,864. The trade was a 9.63% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 286,042 shares of company stock valued at $34,679,277. Company insiders own 0.30% of the company's stock.

About Micron Technology

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.