Retirement Systems of Alabama Has $125.77 Million Holdings in Micron Technology, Inc. $MU

Retirement Systems of Alabama trimmed its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 25.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 440,664 shares of the semiconductor manufacturer’s stock after selling 149,943 shares during the quarter. Retirement Systems of Alabama’s holdings in Micron Technology were worth $125,770,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of MU. Brighton Jones LLC grew its position in 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 during the last quarter. Sivia Capital Partners LLC raised its position in Micron Technology by 21.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock valued at $435,000 after purchasing an additional 628 shares during the last quarter. United Bank acquired a new position in Micron Technology in the second quarter worth $236,000. Schnieders Capital Management LLC. boosted its stake in Micron Technology by 67.9% in the second quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock worth $2,093,000 after purchasing an additional 6,867 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Micron Technology by 1.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 137,251 shares of the semiconductor manufacturer’s stock worth $16,916,000 after purchasing an additional 1,882 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Price Performance

Shares of MU stock opened at $321.80 on Tuesday. The stock has a 50-day moving average price of $405.38 and a 200 day moving average price of $295.24. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13. The firm has a market cap of $362.90 billion, a price-to-earnings ratio of 15.19 and a beta of 1.50. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $471.34.

Micron Technology Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th will be paid a $0.15 dividend. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Monday, March 30th. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Micron Technology’s payout ratio is 2.17%.

Insider Buying and Selling at Micron Technology

In related news, EVP Sumit Sadana sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the completion of the sale, the executive vice president directly owned 248,021 shares of the company’s stock, valued at $106,621,747.69. The trade was a 9.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Teyin M. Liu acquired 7,820 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The stock was acquired at an average price of $337.50 per share, for a total transaction of $2,639,250.00. Following the completion of the acquisition, the director directly owned 25,910 shares of the company’s stock, valued at $8,744,625. This trade represents a 43.23% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have purchased 23,200 shares of company stock worth $7,821,723 and have sold 53,623 shares worth $21,832,908. 0.24% of the stock is owned by company insiders.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Micron’s HBM4 going into mass production for Nvidia’s next‑gen AI platform is a material product win that strengthens Micron’s positioning in the high‑end AI memory market. Article Title
• Positive Sentiment: Management is ramping capex to meet strong memory demand and AI infrastructure needs, which supports multi‑year revenue visibility and benefits equipment suppliers — a bullish signal for long‑term growth despite near‑term share volatility. Article Title
• Positive Sentiment: Several bullish analyst and investor pieces argue the pullback is a buying opportunity given Micron’s strong margins, supply tightness, and large Wall Street upside to consensus targets. Article Title
• Neutral Sentiment: Micron is reportedly exploring adding assembly/testing capacity via a Japan Display plant — an expansion that could help output but also raises questions about execution and near‑term capital intensity. Article Title
• Neutral Sentiment: High‑profile endorsements and media attention (including political commentary) are keeping the story in headlines—volatile for trading flows but not a fundamentals driver. Article Title
• Negative Sentiment: Google’s TurboQuant memory‑compression announcement prompted broad concern that memory demand per AI workload could fall — the primary, immediate driver of today’s selling pressure. Article Title
• Negative Sentiment: The stock is extending a post‑earnings sell‑off that began after Micron’s March 18 report as investors digest elevated CAPEX guidance and the potential for memory price normalization despite strong results. Article Title
• Negative Sentiment: Broader semiconductor sector weakness and risk‑off headlines (geopolitical/oil) have amplified selling in high‑beta chip names, pressuring MU alongside peers. Article Title

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. William Blair initiated coverage on Micron Technology in a research note on Thursday, January 22nd. They issued an “outperform” rating for the company. Summit Insights lowered shares of Micron Technology from a “buy” rating to a “hold” rating in a report on Thursday, March 19th. Mizuho raised their price objective on shares of Micron Technology from $480.00 to $530.00 and gave the company an “outperform” rating in a research report on Thursday, March 19th. HSBC boosted their target price on shares of Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. Finally, Needham & Company LLC upped their target price on shares of Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $466.75.

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.