HB Wealth Management LLC Increases Holdings in Micron Technology, Inc. $MU

Key Points

• HB Wealth Management raised its stake in Micron by 13.8%, purchasing an additional 3,755 shares to hold 31,024 shares worth about $8.86 million at quarter-end.
• Micron increased its quarterly dividend from $0.12 to $0.15 (annualized $0.60), implying a 0.1% yield and a low payout ratio of about 2.8%.
• Wall Street sentiment is broadly bullish with a consensus Buy and an average target of $464.61 as MU trades near its 52‑week high, though insiders have sold 89,000 shares in the past 90 days.

HB Wealth Management LLC raised its stake in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 13.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,024 shares of the semiconductor manufacturer's stock after buying an additional 3,755 shares during the quarter. HB Wealth Management LLC's holdings in Micron Technology were worth $8,855,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. iA Global Asset Management Inc. raised its stake in Micron Technology by 18.7% during the third quarter. iA Global Asset Management Inc. now owns 146,890 shares of the semiconductor manufacturer's stock valued at $24,578,000 after buying an additional 23,117 shares during the last quarter. Wealthfront Advisers LLC raised its stake in shares of Micron Technology by 9.8% in the third quarter. Wealthfront Advisers LLC now owns 95,396 shares of the semiconductor manufacturer's stock worth $15,962,000 after purchasing an additional 8,489 shares during the last quarter. Westpac Banking Corp raised its stake in shares of Micron Technology by 251.0% in the third quarter. Westpac Banking Corp now owns 23,086 shares of the semiconductor manufacturer's stock worth $3,863,000 after purchasing an additional 16,509 shares during the last quarter. Generation Capital Management LLC purchased a new position in shares of Micron Technology in the third quarter worth $238,000. Finally, Avanda Investment Management Pte. Ltd. purchased a new position in shares of Micron Technology in the third quarter worth $418,000. Hedge funds and other institutional investors own 80.84% of the company's stock.

Micron Technology Stock Performance

Shares of MU opened at $481.72 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32. Micron Technology, Inc. has a one year low of $73.50 and a one year high of $493.62. The firm has a market capitalization of $543.25 billion, a P/E ratio of 22.74 and a beta of 1.60. The business has a fifty day moving average of $412.13 and a 200 day moving average of $325.25.

Micron Technology Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 30th were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, March 30th. This is an increase from Micron Technology's previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology's dividend payout ratio is presently 2.83%.

Insider Buying and Selling at Micron Technology

In related news, EVP Sumit Sadana sold 24,000 shares of Micron Technology stock in a transaction on Friday, April 10th. The stock was sold at an average price of $421.35, for a total value of $10,112,400.00. Following the completion of the sale, the executive vice president owned 224,021 shares of the company's stock, valued at $94,391,248.35. The trade was a 9.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP April S. Arnzen sold 40,000 shares of Micron Technology stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total value of $13,895,600.00. Following the completion of the sale, the executive vice president directly owned 125,737 shares of the company's stock, valued at $43,679,776.43. The trade was a 24.13% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 89,000 shares of company stock valued at $34,755,250 in the last ninety days. 0.24% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on MU shares. Erste Group Bank cut Micron Technology from a "buy" rating to a "hold" rating in a research note on Thursday, April 2nd. Citigroup decreased their price target on Micron Technology from $510.00 to $425.00 and set a "buy" rating for the company in a research note on Tuesday, March 31st. Rosenblatt Securities restated a "buy" rating and issued a $500.00 price target on shares of Micron Technology in a research note on Monday, March 16th. Phillip Securities upgraded Micron Technology to a "strong-buy" rating in a research note on Monday, February 2nd. Finally, Royal Bank Of Canada boosted their price target on Micron Technology from $425.00 to $525.00 and gave the stock an "outperform" rating in a research note on Monday, March 16th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Micron Technology currently has a consensus rating of "Buy" and an average target price of $464.61.

More Micron Technology News

Here are the key news stories impacting Micron Technology this week:

• Positive Sentiment: Surging HBM/DRAM demand from AI workloads is supporting pricing power and long‑term revenue upside for Micron, a core bullish fundamental driving the rally. Can Rising HBM Demand Accelerate Micron's Long-Term Revenue Growth?
• Positive Sentiment: Analysts and top investors remain bullish (high percentage of Buy ratings and upbeat price targets), reinforcing investor confidence in MU's multi‑quarter growth runway. Here’s What Citi and UBS Think About Micron Technology (MU)
• Positive Sentiment: Supplier ASML raised guidance on AI chip demand, which supports the broader semiconductor cycle that benefits Micron. ASML Has Just Delivered Massive News for Micron Technology Investors
• Positive Sentiment: Technical momentum and trading signals (breakouts/“stock of the day” notes) helped MU hit 52‑week highs recently, attracting momentum flows. Micron Technology Shares Climb Over 3% After Key Trading Signal
• Neutral Sentiment: Market chatter about a potential stock split reflects elevated share price and could boost retail interest but is speculative. Will Micron Technology Stock Split in 2026?
• Neutral Sentiment: Broader semiconductor momentum is lifting ETFs and peers (Nvidia, etc.), which provides sector tailwinds but also correlates MU to macro/tech flows. Semiconductor stocks like Nvidia and Micron are on a remarkable streak
• Negative Sentiment: SK Hynix is rapidly adding capacity (multi‑billion dollar investment) and reported a huge profit jump — risks that increased competitor supply could pressure Micron’s pricing later. SK Hynix spends $13 billion to widen its lead over Samsung and Micron
• Negative Sentiment: Micron is lobbying for tighter export controls on Chinese chip tool sales — a move that could invite geopolitical friction or regulatory backlash, adding execution and policy risk. Micron pushes US Congress to crack down on chip tool sales to Chinese rivals, sources say

Micron Technology Profile

Micron Technology, Inc is a global semiconductor company that designs and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives (SSDs), memory modules and embedded memory solutions for a wide range of computing and electronic devices. Micron supplies components used in data centers, enterprise and cloud infrastructure, client computing, mobile devices, automotive systems and industrial applications, and also markets consumer-facing products under the Crucial brand.

Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into an international manufacturer with research, development and production facilities across multiple regions.

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