M&T Bank Corp Raises Stock Holdings in Micron Technology, Inc. $MU

Key Points

• M&T Bank Corp raised its stake 50.8% in Micron during Q4, increasing holdings by 21,536 shares to 63,899 shares worth about $18.24 million at period end.
• Micron is seeing strong bullish momentum — the stock is up recently, multiple analysts have raised price targets and ratings (consensus "Buy", target $478.24), driven by expected AI/HBM demand and tight supply dynamics.
• Micron increased its quarterly dividend to $0.15 (annualized $0.60), while notable insider selling occurred (EVPs sold 24,000 and 40,000 shares); institutional ownership is high at 80.84% and insiders hold 0.24%.

M&T Bank Corp raised its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 50.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 63,899 shares of the semiconductor manufacturer's stock after purchasing an additional 21,536 shares during the quarter. M&T Bank Corp's holdings in Micron Technology were worth $18,238,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of MU. Round Rock Advisors LLC boosted its position in Micron Technology by 0.6% in the 4th quarter. Round Rock Advisors LLC now owns 4,333 shares of the semiconductor manufacturer's stock worth $1,237,000 after purchasing an additional 25 shares in the last quarter. Manuka Financial LLC increased its holdings in shares of Micron Technology by 2.3% during the 4th quarter. Manuka Financial LLC now owns 1,243 shares of the semiconductor manufacturer's stock valued at $355,000 after purchasing an additional 28 shares in the last quarter. Omnia Family Wealth LLC increased its holdings in shares of Micron Technology by 2.1% during the 4th quarter. Omnia Family Wealth LLC now owns 1,464 shares of the semiconductor manufacturer's stock valued at $418,000 after purchasing an additional 30 shares in the last quarter. Capital Advisors Ltd. LLC lifted its stake in shares of Micron Technology by 16.7% in the 4th quarter. Capital Advisors Ltd. LLC now owns 224 shares of the semiconductor manufacturer's stock valued at $64,000 after purchasing an additional 32 shares during the period. Finally, Sunflower Bank N.A. boosted its holdings in Micron Technology by 2.1% during the fourth quarter. Sunflower Bank N.A. now owns 1,668 shares of the semiconductor manufacturer's stock worth $476,000 after buying an additional 34 shares in the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Micron Technology Stock Up 6.3%

NASDAQ MU opened at $576.45 on Tuesday. The business has a fifty day moving average price of $422.13 and a 200 day moving average price of $338.52. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90. The company has a market cap of $650.08 billion, a P/E ratio of 27.22 and a beta of 1.91. Micron Technology, Inc. has a one year low of $78.54 and a one year high of $592.80.

Micron Technology Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, March 30th. This is a positive change from Micron Technology's previous quarterly dividend of $0.12. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology's payout ratio is currently 2.83%.

Micron Technology News Roundup

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

• Positive Sentiment: Melius Research initiated coverage with a Buy and $700 price target, citing memory’s central role in AI hardware and reinforcing the bullish analyst momentum supporting MU. Melius Research Beings Coverage of Micron Technology (MU) Stock
• Positive Sentiment: Wall Street price‑target increases (including a reported $1,000 target) and positive note flow are amplifying buying pressure as brokers revise forecasts on stronger AI/HBM demand. Micron stock surges 9%: how high can it go?
• Positive Sentiment: Hyperscalers have reportedly confirmed rising memory costs and demand for HBM4, supporting expectations of tight supply through 2028 — a structural tailwind for Micron’s pricing and margins. What's Going On With Micron Technology Stock Monday?
• Positive Sentiment: Mizuho and other analysts remain bullish on DRAM exposure as AI CPU investments ramp, calling Micron attractive on valuation vs. growth prospects. Mizuho Says Micron (MU) Cheap as Memory Demand Grows
• Neutral Sentiment: Media pieces are highlighting Micron’s parabolic YTD and 1‑year returns and questioning whether momentum is running ahead of fundamentals; these articles increase attention but don’t add new fundamental data. Micron Jumps 7%: Is the Memory Maker Now a Structural AI Winner?
• Neutral Sentiment: Algorithmic price predictions and retail‑oriented writeups (machine‑learning forecasts) are circulating; they can attract trading interest but carry limited informational value for fundamentals. Machine learning algorithm predicts Micron stock price on May 31, 2026
• Negative Sentiment: Some analysts and commentators argue other AI semiconductor names could outperform Micron long term, introducing relative‑performance risk and prompting caution about current valuation after the massive run. Prediction: This Will Be the Top-Performing Artificial Intelligence (AI) Semiconductor Stock Over the Next Year.

Wall Street Analyst Weigh In

Several research firms recently commented on MU. William Blair started coverage on shares of Micron Technology in a research report on Thursday, January 22nd. They set an "outperform" rating on the stock. Phillip Securities raised shares of Micron Technology to a "strong-buy" rating in a research note on Monday, February 2nd. Bank of America raised their target price on Micron Technology from $400.00 to $500.00 and gave the company a "buy" rating in a research report on Thursday, March 19th. UBS Group lifted their price target on Micron Technology from $510.00 to $535.00 and gave the company a "buy" rating in a research note on Wednesday, April 8th. Finally, Mizuho increased their price target on Micron Technology from $480.00 to $530.00 and gave the stock an "outperform" rating in a research report on Thursday, March 19th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $478.24.

Insider Transactions at Micron Technology

In related news, EVP Sumit Sadana sold 24,000 shares of the business's stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $421.35, for a total transaction of $10,112,400.00. Following the transaction, the executive vice president directly owned 224,021 shares in the company, valued at approximately $94,391,248.35. The trade was a 9.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of the company's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total transaction of $13,895,600.00. Following the sale, the executive vice president directly owned 125,737 shares of the company's stock, valued at approximately $43,679,776.43. This represents a 24.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.24% of the stock is owned by corporate insiders.

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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