Mitsubishi UFJ Trust & Banking Corp Has $146.06 Million Stock Holdings in Micron Technology, Inc. $MU

Mitsubishi UFJ Trust & Banking Corp trimmed its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 2.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 511,761 shares of the semiconductor manufacturer’s stock after selling 13,763 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Micron Technology were worth $146,062,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Round Rock Advisors LLC lifted its position in shares of Micron Technology by 0.6% in the 4th quarter. Round Rock Advisors LLC now owns 4,333 shares of the semiconductor manufacturer’s stock worth $1,237,000 after purchasing an additional 25 shares during the period. Manuka Financial LLC increased its position in shares of Micron Technology by 2.3% during the fourth quarter. Manuka Financial LLC now owns 1,243 shares of the semiconductor manufacturer’s stock worth $355,000 after buying an additional 28 shares during the period. Omnia Family Wealth LLC increased its position in shares of Micron Technology by 2.1% during the fourth quarter. Omnia Family Wealth LLC now owns 1,464 shares of the semiconductor manufacturer’s stock worth $418,000 after buying an additional 30 shares during the period. Capital Advisors Ltd. LLC raised its stake in Micron Technology by 16.7% during the fourth quarter. Capital Advisors Ltd. LLC now owns 224 shares of the semiconductor manufacturer’s stock worth $64,000 after buying an additional 32 shares during the last quarter. Finally, Sunflower Bank N.A. raised its stake in Micron Technology by 2.1% during the fourth quarter. Sunflower Bank N.A. now owns 1,668 shares of the semiconductor manufacturer’s stock worth $476,000 after buying an additional 34 shares during the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MU has been the topic of a number of research analyst reports. Barclays upped their price target 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. Susquehanna boosted their price objective on Micron Technology from $345.00 to $525.00 and gave the company a “positive” rating in a research note on Monday, March 9th. Summit Insights cut Micron Technology from a “buy” rating to a “hold” rating in a research note on Thursday, March 19th. Melius Research assumed coverage on Micron Technology in a report on Monday. They issued a “buy” rating and a $700.00 target price for the company. Finally, Wells Fargo & Company boosted their price target on Micron Technology from $470.00 to $550.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Micron Technology has an average rating of “Buy” and an average target price of $472.72.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Melius Research initiated coverage with a Buy and $700 price target, signaling sizable upside and reinforcing dealer/retail conviction in Micron’s multi-year AI-driven growth story. Melius Research coverage
• Positive Sentiment: Analysts and research notes (Barron’s, Seeking Alpha, InsiderMonkey coverage) are emphasizing sustained AI/hyperscaler demand that tightens memory supply and supports higher margins — a structural thesis that justifies premium multiples for MU. Barron’s: Analyst coverage
• Positive Sentiment: Heavy, unusually large MU option trades have been detected, consistent with speculative and directional bullish positioning that can accelerate intraday upside and reflect investor expectation of further gains. Yahoo Options Activity
• Positive Sentiment: Research notes and market pieces (CNBC, Seeking Alpha) expect memory demand to remain elevated through the decade due to AI infrastructure buildouts; firms like SanDisk rallying alongside MU supports a sector-wide momentum trade. CNBC: Demand through 2030
• Neutral Sentiment: Disclosure that Senator Fetterman bought a small Micron stake has generated headlines; the trade is modest in size but adds publicity and political/regulatory attention — not a material company signal. QuiverQuant: Senator trade
• Neutral Sentiment: Broader comments from JPMorgan caution that Nvidia’s past explosive rallies may not repeat, a reminder that mega-cap chip leaders can set sentiment for the group — this could temper excessive extrapolation but doesn’t alter MU’s memory-specific demand drivers. Yahoo: JPMorgan on Nvidia
• Negative Sentiment: Some cautionary analysis flags potential execution and inventory-cycle risks that could pressure margins if supply/demand dynamics normalize; these forecasts are the main near-term downside risk to today’s rally. Fool: downside forecast

Insider Buying and Selling

In other news, EVP April S. Arnzen sold 40,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total transaction of $13,895,600.00. Following the completion of the sale, the executive vice president owned 125,737 shares in the company, valued at $43,679,776.43. The trade was a 24.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sumit Sadana sold 24,000 shares of the company’s stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $421.35, for a total value of $10,112,400.00. Following the transaction, the executive vice president directly owned 224,021 shares in the company, valued at $94,391,248.35. The trade was a 9.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 89,000 shares of company stock valued at $34,755,250 in the last three months. Insiders own 0.24% of the company’s stock.

Micron Technology Price Performance

MU stock opened at $524.56 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 company’s 50-day moving average is $416.09 and its 200-day moving average is $331.63. The stock has a market capitalization of $591.56 billion, a PE ratio of 24.77 and a beta of 1.60. Micron Technology, Inc. has a 1 year low of $73.50 and a 1 year high of $531.36.

Micron Technology Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th were issued a $0.15 dividend. The ex-dividend date was Monday, March 30th. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio is currently 2.83%.

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.