Aaron Wealth Advisors LLC Has $1.78 Million Stake in Micron Technology, Inc. $MU

Aaron Wealth Advisors LLC boosted its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 35.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,653 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,803 shares during the period. Aaron Wealth Advisors LLC’s holdings in Micron Technology were worth $1,782,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of MU. 180 Wealth Advisors LLC boosted its stake in Micron Technology by 1.9% in the second quarter. 180 Wealth Advisors LLC now owns 5,235 shares of the semiconductor manufacturer’s stock valued at $645,000 after buying an additional 99 shares in the last quarter. SilverOak Wealth Management LLC grew its stake in Micron Technology by 3.5% in the second quarter. SilverOak Wealth Management LLC now owns 2,955 shares of the semiconductor manufacturer’s stock valued at $364,000 after acquiring an additional 100 shares during the period. Beta Wealth Group Inc. raised its holdings in Micron Technology by 1.5% during the second quarter. Beta Wealth Group Inc. now owns 6,805 shares of the semiconductor manufacturer’s stock worth $839,000 after buying an additional 102 shares during the last quarter. HMS Capital Management LLC lifted its holdings in shares of Micron Technology by 0.6% in the second quarter. HMS Capital Management LLC now owns 19,271 shares of the semiconductor manufacturer’s stock valued at $2,375,000 after purchasing an additional 107 shares in the last quarter. Finally, D.B. Root & Company LLC lifted its position in shares of Micron Technology by 3.7% during the first quarter. D.B. Root & Company LLC now owns 3,018 shares of the semiconductor manufacturer’s stock valued at $262,000 after purchasing an additional 108 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Stock Down 1.5%

Shares of Micron Technology stock opened at $237.50 on Tuesday. Micron Technology, Inc. has a twelve month low of $61.54 and a twelve month high of $264.75. The company has a market cap of $266.98 billion, a price-to-earnings ratio of 31.29, a price-to-earnings-growth ratio of 0.40 and a beta of 1.54. The company has a quick ratio of 1.79, a current ratio of 2.52 and a debt-to-equity ratio of 0.26. The company’s 50 day moving average is $224.03 and its 200 day moving average is $161.41.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Tuesday, September 23rd. The semiconductor manufacturer reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.86 by $0.17. 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 for the quarter, compared to the consensus estimate of $11.05 billion. During the same quarter last year, the firm posted $1.18 earnings per share. The firm’s revenue was up 46.1% compared to the same quarter last year. Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. Research analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 21st. Shareholders of record on Friday, October 3rd were paid a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, October 3rd. Micron Technology’s dividend payout ratio is presently 6.06%.

Analyst Ratings Changes

Several brokerages have commented on MU. New Street Research reaffirmed a “neutral” rating on shares of Micron Technology in a research report on Tuesday, October 14th. KeyCorp raised their price target on shares of Micron Technology from $160.00 to $215.00 and gave the company an “overweight” rating in a report on Wednesday, September 24th. Wells Fargo & Company increased their price target on shares of Micron Technology from $220.00 to $300.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. Susquehanna boosted their price target on shares of Micron Technology from $200.00 to $300.00 and gave the stock a “positive” rating in a research note on Monday, December 8th. Finally, HSBC initiated coverage on Micron Technology in a research note on Tuesday, December 9th. They issued a “buy” rating and a $330.00 target price on the stock. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Micron Technology currently has an average rating of “Buy” and a consensus target price of $239.34.

Insider Transactions at Micron Technology

In other Micron Technology news, CEO Sanjay Mehrotra sold 22,500 shares of the firm’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $220.72, for a total transaction of $4,966,200.00. Following the completion of the transaction, the chief executive officer owned 446,578 shares in the company, valued at $98,568,696.16. This trade represents a 4.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Mark J. Murphy sold 126,000 shares of Micron Technology stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $225.31, for a total value of $28,389,060.00. Following the completion of the transaction, the chief financial officer owned 219,693 shares of the company’s stock, valued at approximately $49,499,029.83. This represents a 36.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 384,852 shares of company stock valued at $81,806,895 in the last ninety days. Corporate insiders own 0.24% of the company’s stock.

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.