Micron Technology, Inc. $MU Stake Trimmed by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management reduced its Micron stake by 4.1% to 980,575 shares, though the position remains about 1.2% of its portfolio. Institutional investors collectively own approximately 80.84% of Micron.
• Micron reported quarterly EPS of $33.42, exceeding estimates of $31.77, while revenue surged 379.1% year over year to $54.23 billion. The company issued next-quarter guidance of $37.15–$39.15 EPS, supported by strong AI and memory demand.
• Insiders sold 123,545 shares worth approximately $115.8 million over the past 90 days, while analysts remain broadly bullish, assigning Micron a “Moderate Buy” consensus rating and an average price target of $1,407.88.

Robeco Institutional Asset Management B.V. cut its stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 4.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 980,575 shares of the semiconductor manufacturer's stock after selling 42,421 shares during the quarter. Micron Technology makes up approximately 1.2% of Robeco Institutional Asset Management B.V.'s investment portfolio, making the stock its 11th largest position. Robeco Institutional Asset Management B.V. owned approximately 0.09% of Micron Technology worth $1,044,420,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Andar Capital Management HK Ltd lifted its stake in shares of Micron Technology by 856,960.3% in the 2nd quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer's stock valued at $39,571,847,000 after purchasing an additional 34,278,413 shares during the period. Primecap Management Co. CA purchased a new stake in Micron Technology during the second quarter worth $22,182,263,000. Bank of America Corp DE boosted its holdings in Micron Technology by 26.6% during the second quarter. Bank of America Corp DE now owns 10,174,757 shares of the semiconductor manufacturer's stock worth $11,744,621,000 after buying an additional 2,136,470 shares in the last quarter. Legal & General Group Plc purchased a new stake in Micron Technology during the second quarter worth $8,402,393,000. Finally, Wellington Management Group LLP grew its position in Micron Technology by 28.7% during the second quarter. Wellington Management Group LLP now owns 5,045,141 shares of the semiconductor manufacturer's stock valued at $5,823,556,000 after buying an additional 1,125,414 shares during the period. Hedge funds and other institutional investors own 80.84% of the company's stock.

Insiders Place Their Bets

In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the transaction, the executive vice president directly owned 191,021 shares of the company's stock, valued at $178,469,010.09. This trade represents a 7.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Scott J. Deboer sold 28,545 shares of Micron Technology stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the completion of the sale, the insider owned 147,430 shares in the company, valued at approximately $132,687,000. This trade represents a 16.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 123,545 shares of company stock worth $115,750,966. Company insiders own 0.24% of the company's stock.

Micron Technology Trading Up 2.0%

Shares of MU stock opened at $913.67 on Thursday. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.31 and a quick ratio of 2.94. The company has a market cap of $1.03 trillion, a price-to-earnings ratio of 12.31, a PEG ratio of 0.16 and a beta of 2.22. The stock has a 50 day simple moving average of $987.36 and a 200-day simple moving average of $876.61. Micron Technology, Inc. has a 1-year low of $192.40 and a 1-year high of $1,255.00.

Micron Technology (NASDAQ:MU - Get Free Report) last announced its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $31.77 by $1.65. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The firm had revenue of $54.23 billion for the quarter, compared to analyst estimates of $51.33 billion. During the same quarter last year, the firm posted $3.03 EPS. The business's revenue was up 379.1% on a year-over-year basis. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, equities research analysts expect that Micron Technology, Inc. will post 177.03 EPS for the current fiscal year.

Micron Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Wednesday, October 14th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 14th. Micron Technology's payout ratio is presently 0.81%.

Key Micron Technology News

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

• Positive Sentiment: At its technology presentation, Micron highlighted progress in DRAM, high-bandwidth memory (HBM), NAND and next-generation 3D DRAM. New products planned for 2027 and growing AI-related demand reinforce the company’s position as a key supplier to data-center and high-performance-computing customers. Micron AI-era technology presentation
• Positive Sentiment: ASML said semiconductor and memory demand could exceed supply through at least 2028. That outlook supports the bullish case for continued pricing power, elevated margins and strong demand for Micron’s memory products. ASML demand outlook
• Positive Sentiment: Recent results remain a major catalyst: Micron reported $33.42 in quarterly EPS versus a $31.77 estimate, while revenue rose 379.1% year over year. Management’s next-quarter guidance and analysts’ expectations for continued supply tightness are supporting confidence in further earnings growth.
• Positive Sentiment: Micron reached a labor-management agreement with one Taiwan union, reducing some immediate disruption risk. The company also invested in U.S. indium and critical-materials processing to strengthen supplies for advanced memory manufacturing. Micron Taiwan union agreement
• Neutral Sentiment: Institutional buying and approximately $326.9 million in reported ETF inflows point to continued investor demand, although Micron’s more than 200% year-to-date rally has increased profit-taking risk. Micron ETF buying
• Negative Sentiment: A separate Taiwan union has threatened a strike over bonuses, creating a risk of higher labor costs or production delays. In addition, an insider sold 28,545 shares for about $25.7 million, while investors remain concerned that new capacity, Chinese competitor CXMT and stretched AI valuations could eventually pressure pricing and margins. Micron insider sale

Wall Street Analyst Weigh In

Several research firms recently commented on MU. CLSA restated an "outperform" rating and set a $1,700.00 price target on shares of Micron Technology in a research report on Friday, October 2nd. Morgan Stanley reiterated an "overweight" rating and issued a $1,200.00 price objective on shares of Micron Technology in a research report on Thursday, October 1st. The Goldman Sachs Group set a $1,250.00 price objective on shares of Micron Technology in a research report on Thursday, October 1st. Itau BBA Securities increased their target price on shares of Micron Technology from $1,243.78 to $1,697.09 and gave the stock an "outperform" rating in a research note on Wednesday, July 22nd. Finally, Phillip Securities raised their target price on Micron Technology from $530.00 to $1,870.00 and gave the company a "buy" rating in a research report on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $1,407.88.

Micron Technology Profile

Micron Technology, Inc is a semiconductor company that develops and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules, and other semiconductor solutions used in data centers, personal computers, smartphones, automotive systems, industrial equipment, and consumer electronics.

The company also provides high-bandwidth memory and other advanced memory technologies designed to support artificial intelligence, high-performance computing, networking, and graphics applications.

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