Oregon Public Employees Retirement Fund Increases Position in Micron Technology, Inc. $MU

Oregon Public Employees Retirement Fund increased its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 0.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,556 shares of the semiconductor manufacturer’s stock after purchasing an additional 800 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Micron Technology were worth $11,901,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new position in Micron Technology in the first quarter worth about $33,000. AllSquare Wealth Management LLC grew its position in shares of Micron Technology by 100.0% in the 1st quarter. AllSquare Wealth Management LLC now owns 400 shares of the semiconductor manufacturer’s stock worth $35,000 after buying an additional 200 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Micron Technology during the 1st quarter worth approximately $36,000. Hilltop National Bank purchased a new stake in Micron Technology during the second quarter valued at approximately $37,000. Finally, Saudi Central Bank acquired a new stake in Micron Technology in the first quarter valued at approximately $38,000. Institutional investors own 80.84% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on MU shares. Bank of America upped their price target on Micron Technology from $140.00 to $180.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 24th. Cantor Fitzgerald boosted their target price on Micron Technology from $185.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 24th. Barclays upped their target price on Micron Technology from $140.00 to $175.00 and gave the company an “overweight” rating in a research report on Friday, September 19th. Wells Fargo & Company raised their price target on Micron Technology from $170.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, September 24th. Finally, Zacks Research upgraded Micron Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 19th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $191.78.

Micron Technology Stock Down 5.6%

Micron Technology stock opened at $181.60 on Monday. The business’s 50-day simple moving average is $142.80 and its two-hundred day simple moving average is $114.16. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.79 and a current ratio of 2.52. The company has a market cap of $203.84 billion, a PE ratio of 23.93, a PEG ratio of 0.40 and a beta of 1.56. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $201.00.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Tuesday, September 23rd. The semiconductor manufacturer reported $2.86 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.86. Micron Technology had a return on equity of 17.21% and a net margin of 22.84%.The firm had revenue of $11.32 billion during the quarter, compared to analysts’ expectations of $11.05 billion. During the same period last year, the business posted $1.18 earnings per share. The company’s revenue for the quarter 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. Equities analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 21st. Shareholders of record on Friday, October 3rd will be paid a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a yield of 0.3%. The ex-dividend date is Friday, October 3rd. Micron Technology’s payout ratio is presently 6.06%.

Insider Activity

In related news, EVP April S. Arnzen sold 15,000 shares of the business’s stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $164.04, for a total transaction of $2,460,600.00. Following the completion of the transaction, the executive vice president directly owned 131,580 shares in the company, valued at $21,584,383.20. The trade was a 10.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Richard M. Beyer sold 5,552 shares of the stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of $155.68, for a total value of $864,335.36. Following the sale, the director directly owned 96,031 shares in the company, valued at $14,950,106.08. This represents a 5.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 146,956 shares of company stock valued at $22,841,025 in the last ninety days. Insiders own 0.30% 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.