Mitsubishi UFJ Asset Management Co. Ltd. Acquires 96,602 Shares of Micron Technology, Inc. $MU

Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Micron Technology, Inc. (NASDAQ:MU) by 4.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,337,364 shares of the semiconductor manufacturer’s stock after purchasing an additional 96,602 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Micron Technology were worth $391,088,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Norges Bank purchased a new position in Micron Technology in the 2nd quarter worth about $1,980,700,000. Slate Path Capital LP bought a new stake in shares of Micron Technology in the second quarter worth approximately $317,751,000. Vanguard Group Inc. raised its holdings in shares of Micron Technology by 1.9% during the second quarter. Vanguard Group Inc. now owns 103,879,662 shares of the semiconductor manufacturer’s stock valued at $12,803,168,000 after purchasing an additional 1,973,294 shares during the last quarter. State Street Corp lifted its position in Micron Technology by 2.7% during the second quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer’s stock valued at $6,331,795,000 after purchasing an additional 1,349,713 shares during the period. Finally, Orbis Allan Gray Ltd boosted its holdings in Micron Technology by 50.2% in the second quarter. Orbis Allan Gray Ltd now owns 3,457,726 shares of the semiconductor manufacturer’s stock worth $426,165,000 after purchasing an additional 1,156,086 shares during the last quarter. 80.84% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on MU shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Micron Technology in a research note on Thursday, January 29th. Susquehanna lifted their price objective on Micron Technology from $200.00 to $300.00 and gave the stock a “positive” rating in a report on Monday, December 8th. Wall Street Zen raised Micron Technology from a “buy” rating to a “strong-buy” rating in a report on Sunday, November 23rd. Deutsche Bank Aktiengesellschaft raised their target price on Micron Technology from $200.00 to $280.00 and gave the stock a “buy” rating in a research report on Tuesday, December 9th. Finally, Itau BBA Securities reaffirmed an “outperform” rating on shares of Micron Technology in a research report on Thursday, December 18th. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $358.38.

Micron Technology News Summary

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

• Positive Sentiment: Analyst comparison argues Micron is the superior AI memory pick thanks to booming HBM demand and tight supply that boosts pricing power and margins. This supports optimism for sustained revenue/margin gains. Micron vs. Oracle: One AI Stock Is a Clear Buy Right Now
• Positive Sentiment: Micron announced a massive U.S. buildout (~US$200B headline) to expand capacity for AI memory—moves that should secure long‑term share in HBM markets and underpin revenue growth as hyperscalers scale. Micron Ramps US$200b US Buildout As AI Demand Tests Valuation
• Positive Sentiment: Bullish market commentary and analyses (MarketBeat, Forbes, 247WallSt) highlight Micron’s momentum, HBM leadership, and room for further upside despite big YTD gains—driving investor FOMO into the AI memory trade. Forget Nvidia: Micron Is Up 330% in a Year and Still Looks Cheap
• Positive Sentiment: TD Cowen and other brokers have raised long‑run EPS/earnings scenarios (TD Cowen’s $60 EPS call cited), reinforcing a growth narrative and supporting higher analyst targets. What TD Cowen’s $60 EPS Call Means for Micron Technology (MU)
• Neutral Sentiment: Micron set its fiscal Q2 earnings date for March 18; that event is the next major catalyst and could produce volatility if guidance or demand commentary differs from bullish expectations. Micron Technology to Report Fiscal Second Quarter Results on March 18, 2026
• Neutral Sentiment: Market chatter includes stock‑split speculation and questions about whether to lock profits after large gains—these are sentiment drivers but not fundamental changes. Will Micron Technology Stock Split?
• Negative Sentiment: Several pieces note valuation is being tested—large capex and a rich multiple mean disappointment on guidance or slower HBM adoption could trigger a sharp pullback. Micron Ramps US$200b US Buildout As AI Demand Tests Valuation

Micron Technology Stock Up 2.6%

Shares of MU stock opened at $429.00 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. Micron Technology, Inc. has a one year low of $61.54 and a one year high of $455.50. The company’s fifty day moving average price is $362.73 and its 200-day moving average price is $249.11. The company has a market capitalization of $482.84 billion, a price-to-earnings ratio of 40.78 and a beta of 1.52.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.77 by $1.01. The business had revenue of $13.64 billion during the quarter, compared to analyst estimates of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.Micron Technology’s revenue for the quarter was up 56.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Sell-side analysts expect that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were paid a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is 4.37%.

Insider Buying and Selling

In other news, EVP April S. Arnzen sold 15,000 shares of Micron Technology stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the sale, the executive vice president owned 165,618 shares in the company, valued at $45,891,091.62. This trade represents a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Steven J. Gomo sold 5,000 shares of the business’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $263.63, for a total transaction of $1,318,150.00. Following the completion of the transaction, the director directly owned 19,139 shares in the company, valued at $5,045,614.57. This trade represents a 20.71% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders bought 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. 0.24% of the stock is currently owned by company insiders.

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.