Micron Technology, Inc. $MU Shares Acquired by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund grew its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 0.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,556 shares of the semiconductor manufacturer’s stock after purchasing an additional 800 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Micron Technology were worth $11,901,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of Micron Technology by 18.3% during the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after acquiring an additional 976 shares in the last quarter. GAMMA Investing LLC raised its holdings in Micron Technology by 20.5% in the 1st quarter. GAMMA Investing LLC now owns 21,561 shares of the semiconductor manufacturer’s stock worth $1,873,000 after purchasing an additional 3,667 shares during the period. Elevation Point Wealth Partners LLC boosted its position in Micron Technology by 13.6% during the first quarter. Elevation Point Wealth Partners LLC now owns 13,004 shares of the semiconductor manufacturer’s stock worth $1,130,000 after purchasing an additional 1,553 shares in the last quarter. CVA Family Office LLC grew its holdings in Micron Technology by 22.6% in the first quarter. CVA Family Office LLC now owns 1,425 shares of the semiconductor manufacturer’s stock valued at $124,000 after purchasing an additional 263 shares during the period. Finally, Goldstone Financial Group LLC increased its position in shares of Micron Technology by 21.9% in the first quarter. Goldstone Financial Group LLC now owns 3,449 shares of the semiconductor manufacturer’s stock valued at $300,000 after buying an additional 619 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MU has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Micron Technology in a research report on Saturday, September 27th. Summit Insights upgraded shares of Micron Technology to a “strong-buy” rating in a research report on Tuesday, September 23rd. UBS Group lifted their target price on shares of Micron Technology from $195.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. TD Cowen boosted their target price on shares of Micron Technology from $150.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday, September 19th. Finally, The Goldman Sachs Group raised their price target on shares of Micron Technology from $145.00 to $180.00 and gave the company a “neutral” rating in a research note on Thursday. Four investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $191.78.

Micron Technology Stock Performance

NASDAQ:MU opened at $181.60 on Monday. The company has a market cap of $203.84 billion, a P/E ratio of 23.93, a P/E/G ratio of 0.40 and a beta of 1.56. Micron Technology, Inc. has a twelve month low of $61.54 and a twelve month high of $201.00. The company’s 50-day moving average price is $142.80 and its 200-day moving average price is $114.16. The company has a current ratio of 2.52, a quick ratio of 1.79 and a debt-to-equity ratio of 0.26.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Tuesday, September 23rd. The semiconductor manufacturer reported $2.86 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 company had revenue of $11.32 billion during the quarter, compared to the consensus estimate of $11.05 billion. During the same quarter in the prior year, the firm earned $1.18 EPS. Micron Technology’s quarterly revenue was up 46.1% on a year-over-year basis. Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. On average, sell-side analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 21st. Investors of record on Friday, October 3rd will be given a dividend of $0.115 per share. The ex-dividend date is Friday, October 3rd. This represents a $0.46 dividend on an annualized basis and a yield of 0.3%. Micron Technology’s dividend payout ratio (DPR) is presently 6.06%.

Insider Buying and Selling

In other Micron Technology news, Director Richard M. Beyer sold 5,552 shares of the company’s stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $155.68, for a total value of $864,335.36. Following the completion of the sale, the director directly owned 96,031 shares in the company, valued at $14,950,106.08. This represents a 5.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP April S. Arnzen sold 15,000 shares of the firm’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $164.04, for a total value of $2,460,600.00. Following the completion of the sale, the executive vice president directly owned 131,580 shares of the company’s stock, valued at $21,584,383.20. This trade represents a 10.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 146,956 shares of company stock worth $22,841,025. 0.30% of the stock is currently owned by corporate insiders.

Micron Technology Company Profile

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.