Wealth Enhancement Advisory Services LLC Increases Position in Micron Technology, Inc. $MU

Wealth Enhancement Advisory Services LLC increased its position in Micron Technology, Inc. (NASDAQ:MU) by 15.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 147,193 shares of the semiconductor manufacturer’s stock after acquiring an additional 20,193 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Micron Technology were worth $42,010,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in Micron Technology by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 104,653,450 shares of the semiconductor manufacturer’s stock valued at $17,510,615,000 after purchasing an additional 773,788 shares during the last quarter. State Street Corp lifted its holdings in shares of Micron Technology by 0.6% during the third quarter. State Street Corp now owns 51,659,173 shares of the semiconductor manufacturer’s stock worth $8,643,613,000 after purchasing an additional 285,582 shares during the period. Capital International Investors lifted its holdings in shares of Micron Technology by 0.7% during the third quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer’s stock worth $3,910,198,000 after purchasing an additional 155,860 shares during the period. Norges Bank purchased a new stake in Micron Technology in the second quarter valued at approximately $1,980,700,000. Finally, Invesco Ltd. boosted its position in Micron Technology by 8.0% in the third quarter. Invesco Ltd. now owns 9,622,166 shares of the semiconductor manufacturer’s stock valued at $1,609,981,000 after buying an additional 708,716 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Insider Activity

In other Micron Technology news, Director Teyin M. Liu bought 7,820 shares of the company’s stock in a transaction dated Wednesday, January 14th. The shares were purchased at an average cost of $337.50 per share, for a total transaction of $2,639,250.00. Following the transaction, the director directly owned 25,910 shares of the company’s stock, valued at approximately $8,744,625. The trade was a 43.23% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Scott R. Allen sold 2,000 shares of Micron Technology stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total value of $675,000.00. Following the completion of the transaction, the chief accounting officer owned 38,237 shares of the company’s stock, valued at approximately $12,904,987.50. This represents a 4.97% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders acquired 23,200 shares of company stock valued at $7,821,723 and sold 53,623 shares valued at $21,832,908. 0.24% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on MU shares. UBS Group raised their price target on shares of Micron Technology from $475.00 to $510.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Needham & Company LLC upped their price objective on shares of Micron Technology from $450.00 to $500.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Piper Sandler increased their price objective on shares of Micron Technology from $275.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 7th. Bank of America raised their target price on shares of Micron Technology from $400.00 to $500.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Finally, Barclays boosted their target price on shares of Micron Technology from $450.00 to $675.00 and gave the company an “overweight” 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 given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $453.55.

Micron Technology Price Performance

Shares of NASDAQ MU opened at $404.35 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32. The stock has a market capitalization of $456.00 billion, a price-to-earnings ratio of 19.09 and a beta of 1.50. The firm’s 50 day simple moving average is $403.81 and its 200-day simple moving average is $287.33. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $471.34.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $23.86 billion during the quarter, compared to analysts’ expectations of $18.90 billion. During the same period in the previous year, the business posted $1.56 EPS. The business’s revenue was up 196.3% compared to the same quarter last year. Analysts expect that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th will be given a $0.15 dividend. 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. The ex-dividend date is Monday, March 30th. Micron Technology’s payout ratio is currently 2.17%.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Blowout Q2 results and record guidance — Micron reported huge revenue and EPS beats and issued fiscal-Q3 guidance that implies continued exceptional revenue, margins and FCF, underpinning optimism about an AI-driven memory supercycle. Micron: Buy The Latest Blowout
• Positive Sentiment: Dividend hike and surging free cash flow — Management raised the dividend (reported ~13% in some writeups, other outlets mention a 30% view) citing strong FCF, which supports valuation and institutional demand. Micron Technology Hikes Its Dividend 30% Due to Surging FCF – MU Is Worth 34% More – What’s the Best Play?
• Positive Sentiment: Analyst upgrades and lofty price targets — Multiple brokers have upgraded or maintained Buy/Outperform ratings with high targets ($500+ to $530+), reinforcing bullish sentiment among institutions. Micron Technology: Buy Rating Backed by Surging Profitability, AI-Driven Demand, and Supportive Memory Market Dynamics
• Positive Sentiment: AI/HBM pricing tailwinds — Coverage highlights tight HBM/DRAM supply and potential triple-digit pricing upside, supporting margin expansion and long-term earnings power. Micron Set For Massive AI Pricing Upside
• Neutral Sentiment: Macro/broad-tech bullishness — Market commentary (buy-the-dip, AI secular tailwinds) supports higher multiples for tech names, which can buoy MU alongside peers. What to Expect From the Q1 Earnings Season: AI Strength
• Neutral Sentiment: Positive media takes and growth-ranker pieces — Multiple outlets profile MU as a top growth/AI play, which can attract retail and momentum flows even as volatility persists. Here is Why Growth Investors Should Buy Micron (MU) Now
• Negative Sentiment: Sell-the-news pressure — After the blowout report and a massive run-up, shares experienced notable intraday/near-term declines as traders locked in gains; this explains a pullback despite strong fundamentals. Micron Drops 4% Despite Strong Earnings: Is This a Buying Opportunity?
• Negative Sentiment: Insider selling and skeptical deep dives — Reports show heavy insider sales and several critical Seeking Alpha pieces flagging potential risks (valuation, sustainability of margins, concentration), which add caution for some investors. Micron Technology Stock (MU) Opinions on Q2 Earnings Report
• Negative Sentiment: Critical/contrarian takes — A few articles raise warning signs about cycle timing and risks that could weigh on near-term momentum if inventory/supply dynamics shift. The Troubling Signs Coming Into Focus For Micron Investors

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.