Smart Portfolios LLC purchased a new stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,750 shares of the semiconductor manufacturer's stock, valued at approximately $216,000.
Several other hedge funds have also made changes to their positions in MU. HMS Capital Management LLC lifted its position in Micron Technology by 0.6% in the 2nd quarter. HMS Capital Management LLC now owns 19,271 shares of the semiconductor manufacturer's stock worth $2,375,000 after buying an additional 107 shares in the last quarter. D.B. Root & Company LLC lifted its position in Micron Technology by 3.7% in the 1st quarter. D.B. Root & Company LLC now owns 3,018 shares of the semiconductor manufacturer's stock worth $262,000 after buying an additional 108 shares in the last quarter. Werlinich Asset Management LLC lifted its position in Micron Technology by 1.1% in the 2nd quarter. Werlinich Asset Management LLC now owns 10,685 shares of the semiconductor manufacturer's stock worth $1,317,000 after buying an additional 115 shares in the last quarter. Rise Advisors LLC lifted its position in Micron Technology by 5.3% in the 1st quarter. Rise Advisors LLC now owns 2,373 shares of the semiconductor manufacturer's stock worth $206,000 after buying an additional 120 shares in the last quarter. Finally, Orca Wealth Management LLC lifted its position in Micron Technology by 1.5% in the 1st quarter. Orca Wealth Management LLC now owns 8,485 shares of the semiconductor manufacturer's stock worth $737,000 after buying an additional 129 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company's stock.
Micron Technology Stock Performance
Shares of MU opened at $187.06 on Wednesday. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $201.00. The company's fifty day moving average is $146.06 and its 200-day moving average is $115.39. The company has a quick ratio of 1.79, a current ratio of 2.52 and a debt-to-equity ratio of 0.26. The firm has a market cap of $209.97 billion, a price-to-earnings ratio of 24.65, a price-to-earnings-growth ratio of 0.42 and a beta of 1.56.
Micron Technology (NASDAQ:MU - Get Free Report) last posted its earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $2.86 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $2.86. Micron Technology had a net margin of 22.84% and a return on equity of 17.21%. The business had revenue of $11.32 billion for the quarter, compared to analyst estimates of $11.05 billion. During the same period last year, the business posted $1.18 EPS. Micron Technology's revenue was up 46.1% compared to the same quarter last year. Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. Equities analysts expect that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.
Micron Technology Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 21st. Investors of record on Friday, October 3rd will be paid a $0.115 dividend. The ex-dividend date is Friday, October 3rd. This represents a $0.46 dividend on an annualized basis and a yield of 0.2%. Micron Technology's dividend payout ratio (DPR) is presently 6.06%.
Wall Street Analyst Weigh In
A number of research firms have issued reports on MU. BNP Paribas upgraded shares of Micron Technology from a "strong sell" rating to a "strong-buy" rating in a research report on Monday. Piper Sandler increased their target price on shares of Micron Technology from $165.00 to $200.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 24th. Robert W. Baird increased their price target on shares of Micron Technology from $163.00 to $200.00 and gave the stock an "outperform" rating in a research note on Friday, June 27th. Wells Fargo & Company increased their price target on shares of Micron Technology from $170.00 to $220.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 24th. Finally, Morgan Stanley upgraded shares of Micron Technology from an "equal weight" rating to an "overweight" rating and increased their price target for the stock from $160.00 to $220.00 in a research note on Monday, October 6th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Micron Technology currently has a consensus rating of "Buy" and a consensus target price of $194.57.
Get Our Latest Stock Analysis on MU
Insider Activity
In related news, Director Richard M. Beyer sold 5,552 shares of the firm's stock in a transaction on Thursday, September 25th. The shares were sold at an average price of $155.68, for a total value of $864,335.36. Following the transaction, the director directly owned 96,031 shares in the company, valued at approximately $14,950,106.08. This trade represents a 5.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Mark J. Murphy sold 34,000 shares of the firm's stock in a transaction on Tuesday, July 22nd. The shares were sold at an average price of $109.32, for a total transaction of $3,716,880.00. Following the completion of the transaction, the chief financial officer owned 264,036 shares in the company, valued at $28,864,415.52. The trade was a 11.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 146,956 shares of company stock valued at $22,841,025. 0.30% of the stock is owned by corporate insiders.
Micron Technology Company Profile
(
Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Micron Technology, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Micron Technology wasn't on the list.
While Micron Technology currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
