WCG Wealth Advisors LLC Has $7.31 Million Stock Holdings in Micron Technology, Inc. $MU

Key Points

• WCG Wealth Advisors increased its Micron Technology stake by 85.7% in the fourth quarter, ending with 25,604 shares valued at about $7.31 million.
• Micron reported a strong quarter, posting $12.20 EPS versus the $9.19 estimate and $23.86 billion in revenue versus expectations of $19.97 billion, with earnings and sales far above last year’s levels.
• The stock continues to draw bullish attention: analysts have raised price targets, institutional ownership is high, and Micron recently increased its quarterly dividend to $0.15 per share.

WCG Wealth Advisors LLC lifted its stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 85.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,604 shares of the semiconductor manufacturer's stock after acquiring an additional 11,814 shares during the quarter. WCG Wealth Advisors LLC's holdings in Micron Technology were worth $7,308,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of MU. Vanguard Group Inc. lifted its stake in shares of Micron Technology by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer's stock valued at $30,427,016,000 after buying an additional 1,954,644 shares during the period. State Street Corp lifted its stake in shares of Micron Technology by 0.6% in the third quarter. State Street Corp now owns 51,659,173 shares of the semiconductor manufacturer's stock valued at $8,643,613,000 after buying an additional 285,582 shares during the period. Capital International Investors lifted its stake in shares of Micron Technology by 0.7% in the third quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer's stock valued at $3,910,198,000 after buying an additional 155,860 shares during the period. Norges Bank bought a new stake in shares of Micron Technology in the fourth quarter valued at about $6,433,456,000. Finally, Invesco Ltd. lifted its stake in shares of Micron Technology by 8.0% in the third quarter. Invesco Ltd. now owns 9,622,166 shares of the semiconductor manufacturer's stock valued at $1,609,981,000 after buying an additional 708,716 shares during the period. 80.84% of the stock is owned by institutional investors and hedge funds.

Micron Technology Stock Up 1.5%

Shares of MU opened at $1,079.57 on Thursday. The stock has a market cap of $1.22 trillion, a price-to-earnings ratio of 50.97 and a beta of 2.16. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13. Micron Technology, Inc. has a 12 month low of $101.70 and a 12 month high of $1,089.29. The company has a 50-day moving average price of $595.64 and a two-hundred day moving average price of $429.72.

Micron Technology (NASDAQ:MU - Get Free Report) last announced its quarterly earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 EPS for the quarter, topping analysts' consensus estimates of $9.19 by $3.01. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The firm had revenue of $23.86 billion during the quarter, compared to analysts' expectations of $19.97 billion. During the same quarter last year, the company earned $1.56 earnings per share. The company's revenue for the quarter was up 196 compared to the same quarter last year. Equities analysts predict that Micron Technology, Inc. will post 58.62 EPS for the current fiscal year.

Micron Technology Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders 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 represents a $0.60 dividend on an annualized basis and a yield of 0.1%. This is a boost from Micron Technology's previous quarterly dividend of $0.12. Micron Technology's dividend payout ratio (DPR) is presently 2.83%.

Key Micron Technology News

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

• Positive Sentiment: Micron hit a new trillion-dollar valuation milestone, reinforcing investor enthusiasm around the company’s role in AI infrastructure and memory chip shortages. How a nudge from Nvidia propelled frugal Micron into the AI boom and a $1 trillion market cap
• Positive Sentiment: Morgan Stanley raised its price target on Micron to $1,050 and kept an Overweight rating, signaling continued Wall Street confidence even after the stock’s huge run. Micron Technology NASDAQ: MU Given New $1,050.00 Price Target at Morgan Stanley
• Positive Sentiment: Micron is reportedly locking in long-term AI memory deals tied to multi-year supply commitments, which could improve visibility into future revenue and support pricing power. Micron Locks In Long Term AI Memory Deals As Valuation Stretches
• Positive Sentiment: Analysts continue to argue that the memory shortage is not over, which keeps the bull case alive for Micron and other AI memory leaders. These Experts Say the Memory-Stock Runup May Not Be Over Yet
• Positive Sentiment: Micron’s AI product momentum remains strong, including HBM and other next-gen memory offerings shown at COMPUTEX, suggesting it is well positioned for continued AI-driven demand. Micron Technology (MU) Stock Climbs on HBM4 Launch and AI Memory Innovation at COMPUTEX 2026

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Sanford C. Bernstein increased their target price on shares of Micron Technology from $330.00 to $510.00 and gave the company an "outperform" rating in a research note on Wednesday, March 18th. Wells Fargo & Company increased their target price on shares of Micron Technology from $470.00 to $550.00 and gave the company an "overweight" rating in a research note on Thursday, March 19th. Melius Research assumed coverage on shares of Micron Technology in a research note on Monday, April 27th. They issued a "buy" rating and a $700.00 target price for the company. UBS Group increased their target price on shares of Micron Technology from $535.00 to $1,625.00 and gave the company a "buy" rating in a research note on Tuesday, May 26th. Finally, Bank of America raised their price target on shares of Micron Technology from $400.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, March 19th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $641.97.

Insider Activity

In other news, CEO Sanjay Mehrotra sold 40,000 shares of the company's stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $536.26, for a total value of $21,450,400.00. Following the sale, the chief executive officer directly owned 424,503 shares of the company's stock, valued at approximately $227,643,978.78. This represents a 8.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 completion of the sale, the executive vice president directly owned 125,737 shares in the company, valued at approximately $43,679,776.43. The trade was a 24.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 146,000 shares of company stock worth $85,486,715 over the last quarter. Corporate insiders own 0.24% of the company's stock.

Micron Technology Company 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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