Micron Technology, Inc. $MU Shares Acquired by Mizuho Securities Co. Ltd.

Mizuho Securities Co. Ltd. grew its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 2,146.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,050 shares of the semiconductor manufacturer’s stock after purchasing an additional 14,380 shares during the quarter. Micron Technology makes up 6.7% of Mizuho Securities Co. Ltd.’s holdings, making the stock its 2nd biggest holding. Mizuho Securities Co. Ltd.’s holdings in Micron Technology were worth $1,855,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in MU. Achmea Investment Management B.V. bought a new stake in shares of Micron Technology in the 2nd quarter valued at about $3,759,000. KLP Kapitalforvaltning AS raised its position in shares of Micron Technology by 6.2% during the second quarter. KLP Kapitalforvaltning AS now owns 403,105 shares of the semiconductor manufacturer’s stock worth $49,683,000 after acquiring an additional 23,600 shares during the last quarter. Cornerstone Investment Partners LLC lifted its stake in shares of Micron Technology by 1.6% in the second quarter. Cornerstone Investment Partners LLC now owns 773,768 shares of the semiconductor manufacturer’s stock worth $95,367,000 after acquiring an additional 12,061 shares during the period. Moors & Cabot Inc. boosted its holdings in Micron Technology by 6.4% in the second quarter. Moors & Cabot Inc. now owns 23,111 shares of the semiconductor manufacturer’s stock valued at $2,848,000 after acquiring an additional 1,386 shares during the last quarter. Finally, Tcfg Wealth Management LLC acquired a new stake in Micron Technology during the 2nd quarter valued at approximately $208,000. Institutional investors own 80.84% of the company’s stock.

Micron Technology Price Performance

MU stock opened at $225.92 on Thursday. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $260.58. The stock has a market capitalization of $253.59 billion, a PE ratio of 29.77, a price-to-earnings-growth ratio of 0.51 and a beta of 1.62. The company’s 50-day moving average is $199.35 and its 200-day moving average is $142.96. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.52 and a quick ratio of 1.79.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.86 by $0.17. Micron Technology had a return on equity of 17.21% and a net margin of 22.84%.The business had revenue of $11.32 billion for the quarter, compared to the consensus estimate of $11.05 billion. During the same period in the prior year, the business earned $1.18 EPS. The firm’s revenue for the quarter was up 46.1% on a year-over-year basis. Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. Equities research analysts expect that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on MU shares. Erste Group Bank began coverage on shares of Micron Technology in a research report on Thursday, August 14th. They issued a “buy” rating on the stock. Wedbush upped their price target on shares of Micron Technology from $200.00 to $220.00 and gave the company an “outperform” rating in a research report on Wednesday, September 24th. KGI Securities upgraded Micron Technology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 24th. Deutsche Bank Aktiengesellschaft boosted their price objective on Micron Technology from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday, September 24th. Finally, The Goldman Sachs Group raised their target price on Micron Technology from $145.00 to $180.00 and gave the stock a “neutral” rating in a research note on Thursday, October 9th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $214.57.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, CFO Mark J. Murphy sold 126,000 shares of the business’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $225.31, for a total transaction of $28,389,060.00. Following the completion of the sale, the chief financial officer directly owned 219,693 shares of the company’s stock, valued at approximately $49,499,029.83. The trade was a 36.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Scott J. Deboer sold 82,000 shares of the stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $222.81, for a total value of $18,270,420.00. Following the completion of the sale, the executive vice president directly owned 154,145 shares of the company’s stock, valued at approximately $34,345,047.45. This trade represents a 34.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 409,756 shares of company stock worth $85,308,033 in the last quarter. 0.30% of the stock is owned by insiders.

About Micron Technology

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.