Invesco Ltd. Acquires 708,716 Shares of Micron Technology, Inc. $MU

Invesco Ltd. grew its holdings in Micron Technology, Inc. (NASDAQ:MU) by 8.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 9,622,166 shares of the semiconductor manufacturer’s stock after acquiring an additional 708,716 shares during the period. Invesco Ltd.’s holdings in Micron Technology were worth $1,609,981,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Seven Mile Advisory increased its stake in shares of Micron Technology by 46.1% during the third quarter. Seven Mile Advisory now owns 3,038 shares of the semiconductor manufacturer’s stock valued at $508,000 after buying an additional 958 shares during the period. Sei Investments Co. lifted its stake in Micron Technology by 23.6% in the third quarter. Sei Investments Co. now owns 501,168 shares of the semiconductor manufacturer’s stock worth $83,855,000 after acquiring an additional 95,623 shares during the period. Douglass Winthrop Advisors LLC lifted its stake in Micron Technology by 4.8% in the third quarter. Douglass Winthrop Advisors LLC now owns 2,308 shares of the semiconductor manufacturer’s stock worth $386,000 after acquiring an additional 106 shares during the period. BOKF NA boosted its holdings in Micron Technology by 20.2% in the third quarter. BOKF NA now owns 54,090 shares of the semiconductor manufacturer’s stock valued at $9,050,000 after acquiring an additional 9,102 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in Micron Technology in the third quarter valued at $88,808,000. 80.84% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Steven J. Gomo sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $263.63, for a total value of $1,318,150.00. Following the sale, the director directly owned 19,139 shares of the company’s stock, valued at $5,045,614.57. The trade was a 20.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP April S. Arnzen sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $277.09, for a total value of $4,156,350.00. Following the completion of the sale, the executive vice president owned 165,618 shares in the company, valued at $45,891,091.62. The trade was a 8.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders bought 23,200 shares of company stock valued at $7,821,723 and sold 73,623 shares valued at $27,307,408. Company insiders own 0.24% of the company’s stock.

Micron Technology Stock Down 3.2%

NASDAQ:MU opened at $405.35 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. The firm’s 50-day moving average price is $389.13 and its 200-day moving average price is $269.51. The company has a market capitalization of $456.23 billion, a PE ratio of 38.53 and a beta of 1.50. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $455.50.

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, beating analysts’ consensus estimates of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The company had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $12.62 billion. During the same period last year, the company posted $1.79 EPS. Micron Technology’s revenue was up 56.7% on a year-over-year basis. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, equities analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

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

Micron Technology News Summary

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

• Positive Sentiment: Micron reported very strong fiscal results and margin expansion with AI-driven memory demand tightening supply, underpinning upside to profit and cash flow. Micron’s Next Chapter Starts After Q2
• Positive Sentiment: High-bandwidth memory (HBM) is effectively sold out for 2026, supporting pricing power and near-term revenue visibility for AI customers. HBM Sold Out For 2026
• Positive Sentiment: Multiple analyst upgrades and hefty price-target raises (including Wolfe Research and Susquehanna) have pushed sentiment higher and helped recent rallies. Wolfe Research Sets $500 Target
• Neutral Sentiment: An upcoming Q2 earnings report and changing institutional ownership ahead of the print are focal catalysts; results/guidance will likely drive the next leg of volatility. Who Owns MU Ahead of Q2
• Neutral Sentiment: Strategic partnerships across the supply chain (e.g., Applied Materials) reinforce Micron’s role in AI-memory buildouts but are long-term positives rather than immediate catalysts. Applied Materials Partnerships
• Negative Sentiment: After an enormous YTD gain, profit-taking and broader market weakness are pressuring the stock; several outlets note MU is pulling back more steeply than the market today. MU Falls More Steeply Than Broader Market
• Negative Sentiment: Valuation and “toppy” technical calls are prompting caution among some investors despite strong fundamentals — expect higher intraday volatility until earnings/guidance settle expectations. Why Micron Stock Is Sinking Today

Wall Street Analysts Forecast Growth

MU has been the subject of several research reports. Piper Sandler upped their price objective on shares of Micron Technology from $275.00 to $400.00 and gave the stock an “overweight” rating in a report on Wednesday, January 7th. Itau BBA Securities reaffirmed an “outperform” rating on shares of Micron Technology in a research note on Thursday, December 18th. HSBC boosted their price target on shares of Micron Technology from $350.00 to $500.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. Stifel Nicolaus increased their price target on shares of Micron Technology from $360.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Finally, Bank of America raised their price objective on shares of Micron Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Six research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $383.21.

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.