Yeomans Consulting Group Inc. Acquires Shares of 3,035 Micron Technology, Inc. $MU

Key Points

• Yeomans Consulting Group purchased a new stake of 3,035 shares of Micron in Q4, valued at approximately $866,000.
• Micron reported a blowout quarter — $12.20 EPS vs $8.50 estimate and $23.86 billion revenue (up 196% YoY) — prompting multiple analysts to raise price targets and leaving a consensus "Buy" rating.
• Dividend and market reaction: Micron raised its quarterly dividend to $0.15 per share, but the stock has seen volatility and a pullback amid profit-taking and investor concern over substantially higher planned capex.

Yeomans Consulting Group Inc. purchased a new stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,035 shares of the semiconductor manufacturer's stock, valued at approximately $866,000.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of Micron Technology by 18.3% in the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer's stock valued at $532,000 after purchasing an additional 976 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in Micron Technology by 21.7% during the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer's stock worth $435,000 after buying an additional 628 shares in the last quarter. United Bank bought a new position in Micron Technology during the 2nd quarter valued at $236,000. Schnieders Capital Management LLC. boosted its holdings in Micron Technology by 67.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer's stock worth $2,093,000 after acquiring an additional 6,867 shares during the last quarter. Finally, Kingsview Wealth Management LLC grew its stake in shares of Micron Technology by 12.5% in the 2nd quarter. Kingsview Wealth Management LLC now owns 5,964 shares of the semiconductor manufacturer's stock worth $735,000 after acquiring an additional 661 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company's stock.

Micron Technology Trading Down 4.8%

Shares of MU stock opened at $422.81 on Friday. The company has a market capitalization of $475.87 billion, a PE ratio of 19.96 and a beta of 1.50. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.78 and a current ratio of 2.90. The business's fifty day moving average is $402.64 and its 200 day moving average is $283.04. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $471.34.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share for the quarter, topping the consensus estimate of $8.50 by $3.70. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The company had revenue of $23.86 billion for the quarter, compared to analysts' expectations of $18.90 billion. During the same period in the prior year, the business earned $1.56 earnings per share. Micron Technology's revenue for the quarter was up 196.3% compared to the same quarter last year. On average, equities research analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, March 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. This is an increase from Micron Technology's previous quarterly dividend of $0.12. Micron Technology's payout ratio is presently 2.17%.

Insider Buying and Selling

In other news, Director Teyin M. Liu acquired 11,600 shares of the firm's stock in a transaction that occurred on Tuesday, January 13th. The shares were bought at an average cost of $337.07 per share, with a total value of $3,910,012.00. Following the acquisition, the director owned 14,310 shares in the company, valued at approximately $4,823,471.70. This represents a 428.04% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Scott R. Allen sold 2,000 shares of the business's stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $337.50, for a total value of $675,000.00. Following the completion of the sale, the chief accounting officer owned 38,237 shares of the company's stock, valued at $12,904,987.50. The trade was a 4.97% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders bought 23,200 shares of company stock valued at $7,821,723 and sold 68,623 shares valued at $25,989,258. 0.24% of the stock is currently owned by insiders.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Q2 blowout: Micron reported huge revenue and EPS beats and raised forward guidance, reinforcing AI-driven DRAM/HBM demand and pricing power. Micron’s Mic‑Drop Quarter: AI Memory Demand Supercharged Earnings
• Positive Sentiment: Wall Street lifts price targets and reiterates buys (multiple firms raised PTs substantially), signaling analyst conviction in a sustained AI memory cycle. Bank of America revamps Micron stock price target post earnings
• Positive Sentiment: Supply tightness/HBM momentum: Micron has started volume shipments of HBM4 and analysts highlight persistent HBM shortages that support pricing and margins. Micron Announces Starting Volume Shipment of HBM4 36GB
• Neutral Sentiment: Technical/volatility notes: commentators flag a fast breakout then pullback — some view current action as a potential re-entry/buy-the-dip opportunity while others warn of resistance and a possible bull trap. Is This A Bull Trap For Micron Technology?
• Negative Sentiment: Heavy capex warning: management plans “meaningfully” higher capital spending to expand capacity — investors fear margin pressure and near‑term cash intensity despite long‑term payoff. Micron shares slip as hefty spending plans eclipse strong AI‑fueled earnings
• Negative Sentiment: Sell‑the‑news & downgrade noise: despite stellar results, the stock has seen pullbacks driven by profit‑taking, an analyst downgrade or cautionary notes about sustainability of the cycle. Why Micron (MU) Stock Is Down Today
• Negative Sentiment: Macro/geopolitical risk: recent Middle East energy infrastructure attacks are cited as an additional market headwind that contributed to post‑earnings weakness. Why attack on Qatar's energy facility is bearish for Micron

Analysts Set New Price Targets

Several research analysts recently weighed in on MU shares. Cantor Fitzgerald boosted their price target on shares of Micron Technology from $450.00 to $700.00 and gave the stock an "overweight" rating in a report on Thursday. HSBC lifted their price target on shares of Micron Technology from $350.00 to $500.00 and gave the stock a "buy" rating in a report on Friday, January 23rd. Royal Bank Of Canada increased their price objective on Micron Technology from $425.00 to $525.00 and gave the company an "outperform" rating in a report on Monday, March 16th. William Blair assumed coverage on Micron Technology in a research note on Thursday, January 22nd. They issued an "outperform" rating on the stock. Finally, UBS Group upped their price target on Micron Technology from $475.00 to $510.00 and gave the company a "buy" rating in a research report on Thursday. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Micron Technology presently has a consensus rating of "Buy" and an average target price of $453.55.

About Micron Technology

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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