Kieckhefer Group LLC Acquires 705 Shares of Micron Technology, Inc. $MU

Kieckhefer Group LLC raised its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 46.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,230 shares of the semiconductor manufacturer’s stock after purchasing an additional 705 shares during the period. Micron Technology accounts for about 1.0% of Kieckhefer Group LLC’s portfolio, making the stock its 17th biggest position. Kieckhefer Group LLC’s holdings in Micron Technology were worth $2,375,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in MU. Sax Wealth Advisors LLC boosted its stake in shares of Micron Technology by 196.9% during the third quarter. Sax Wealth Advisors LLC now owns 6,222 shares of the semiconductor manufacturer’s stock valued at $6,627,000 after purchasing an additional 4,126 shares during the period. Fragasso Financial Advisors Inc increased its holdings in Micron Technology by 33.6% during the third quarter. Fragasso Financial Advisors Inc now owns 5,338 shares of the semiconductor manufacturer’s stock valued at $5,493,000 after buying an additional 1,343 shares during the period. DWR Wealth Management LLC purchased a new position in shares of Micron Technology in the 3rd quarter valued at $209,000. Perpetual Ltd raised its holdings in Micron Technology by 408.7% in the third quarter. Perpetual Ltd now owns 42,495 shares of the semiconductor manufacturer’s stock worth $45,262,000 after purchasing an additional 34,141 shares in the last quarter. Finally, Vertrix Wealth Management LLC raised its stake in shares of Micron Technology by 12.0% during the 3rd quarter. Vertrix Wealth Management LLC now owns 281 shares of the semiconductor manufacturer’s stock worth $299,000 after acquiring an additional 30 shares in the last quarter. Institutional investors own 80.84% of the company’s stock.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron’s board increased its share-repurchase authorization to approximately $35.16 billion, with buybacks expected to begin soon. The move signals management’s confidence and could support earnings per share. Why Is Micron Stock Rising Today?
• Positive Sentiment: Analysts remain bullish: Rosenblatt reaffirmed a Buy rating with a $1,900 price target, while D.A. Davidson raised its target to $3,000. Erste Group also maintained a Buy view and forecasts fiscal 2028 earnings above the current consensus. Wall Street’s Biggest Micron Bull Just Raised Its Target Again
• Positive Sentiment: Micron’s HBM4 ramp-up, rising 2027 contract prices and sustained AI data-center demand could extend margin expansion. Its latest quarter delivered $54.23 billion in revenue and $33.42 in earnings per share, substantially above year-earlier levels. Micron’s HBM4 Ramp-Up
• Neutral Sentiment: Broader semiconductor-equipment stocks are retreating after a strong AI-driven run, indicating sector-wide profit-taking rather than a Micron-specific deterioration. Semiconductor Equipment Stocks Slide
• Negative Sentiment: China’s ChangXin Memory Technologies (CXMT) reported progress on a denser “4F square” DRAM design and plans to target high-end server memory. Investors fear this could eventually pressure Micron’s pricing, supply advantages and unusually high margins. Micron Slips as China Memory Chip Threat Ramps Up
• Negative Sentiment: Elon Musk’s warning about China’s manufacturing capabilities added to concerns that Chinese competitors may close the technology gap faster than expected. Broader technology weakness, higher oil prices and investor profit-taking are adding pressure. Micron Stock Falls as Elon Musk Warns of China’s Manufacturing Power

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on MU shares. Raymond James Financial reiterated an “outperform” rating on shares of Micron Technology in a research note on Thursday, October 1st. HSBC upped their price target on shares of Micron Technology from $1,100.00 to $1,700.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Seaport Research Partners reaffirmed a “buy” rating on shares of Micron Technology in a research note on Friday, August 14th. BMO Capital Markets restated an “outperform” rating on shares of Micron Technology in a research note on Thursday, October 1st. Finally, Susquehanna restated a “positive” rating on shares of Micron Technology in a research report on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Micron Technology has a consensus rating of “Moderate Buy” and a consensus target price of $1,407.88.

Insider Activity at Micron Technology

In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the sale, the executive vice president directly owned 191,021 shares in the company, valued at $178,469,010.09. This represents a 7.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the sale, the chief executive officer owned 264,503 shares in the company, valued at approximately $256,276,956.70. This trade represents a 13.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 95,879 shares of company stock worth $90,939,466. Insiders own 0.24% of the company’s stock.

Micron Technology Trading Down 5.2%

Shares of MU stock traded down $51.03 on Tuesday, hitting $938.01. 18,435,097 shares of the stock traded hands, compared to its average volume of 41,219,633. The firm’s 50-day moving average price is $983.23 and its two-hundred day moving average price is $849.12. Micron Technology, Inc. has a twelve month low of $186.25 and a twelve month high of $1,255.00. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31. The stock has a market capitalization of $1.06 trillion, a PE ratio of 12.64, a PEG ratio of 0.18 and a beta of 2.22.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $31.77 by $1.65. The business had revenue of $54.23 billion during the quarter, compared to the consensus estimate of $51.33 billion. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The business’s revenue was up 379.1% compared to the same quarter last year. During the same quarter last year, the firm earned $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, analysts anticipate that Micron Technology, Inc. will post 175.82 EPS for the current year.

Micron Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders of record on Wednesday, October 14th will be given a dividend of $0.15 per share. The ex-dividend date is Wednesday, October 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is currently 0.81%.

About Micron Technology

Micron Technology, Inc is a semiconductor company that develops and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, three-dimensional XPoint-related technologies, solid-state drives, and high-bandwidth memory products designed for demanding computing applications.

The company serves customers across the data center, artificial intelligence, networking, automotive, industrial, mobile, consumer electronics, and embedded markets.