Bank Pictet & Cie Europe AG Has $9.25 Million Stake in Micron Technology, Inc. $MU

Bank Pictet & Cie Europe AG lifted its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 12.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 55,255 shares of the semiconductor manufacturer’s stock after purchasing an additional 6,128 shares during the quarter. Bank Pictet & Cie Europe AG’s holdings in Micron Technology were worth $9,245,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Brighton Jones LLC boosted its holdings in Micron Technology by 18.3% during the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock valued at $532,000 after acquiring an additional 976 shares during the period. First Manhattan CO. LLC. boosted its stake in Micron Technology by 25.2% during the 1st quarter. First Manhattan CO. LLC. now owns 9,554 shares of the semiconductor manufacturer’s stock valued at $831,000 after purchasing an additional 1,925 shares during the period. Alyeska Investment Group L.P. acquired a new stake in Micron Technology in the 1st quarter valued at approximately $11,217,000. AlTi Global Inc. bought a new position in Micron Technology in the 1st quarter worth approximately $259,000. Finally, Advisors Asset Management Inc. lifted its holdings in shares of Micron Technology by 151.7% during the first quarter. Advisors Asset Management Inc. now owns 31,599 shares of the semiconductor manufacturer’s stock worth $2,746,000 after buying an additional 19,045 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Price Performance

Micron Technology stock opened at $285.84 on Friday. The business’s fifty day moving average is $243.94 and its two-hundred day moving average is $175.54. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. The firm has a market cap of $321.71 billion, a P/E ratio of 27.17, a P/E/G ratio of 0.18 and a beta of 1.54. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $298.83.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. The business had revenue of $13.64 billion during the quarter, compared to analyst estimates of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. Micron Technology’s revenue for the quarter was up 56.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Equities research analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th will be paid a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Monday, December 29th. Micron Technology’s dividend payout ratio is presently 4.37%.

Key Micron Technology News

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

• Positive Sentiment: Strong fundamentals: Micron reported a big beat in its latest quarter (EPS and revenue well above consensus), underpinning continued investor confidence in margins and cash generation. Micron Technology (MU) Soars to All-Time High Ahead of Dividend Payout
• Positive Sentiment: AI/HBM tailwind: Micron is a key supplier of high-bandwidth memory and has effectively sold out 2026 HBM capacity, giving it pricing power and strong revenue visibility into AI data-center buildouts. The 3 Stocks That Crushed the S&P 500 in 2025
• Positive Sentiment: NAND momentum: NAND revenues have risen meaningfully (now a larger slice of sales), helping diversify Micron’s mix and capture more of AI/data-center spend. Micron Technology’s NAND Revenues Reach $2.7B: Is It a Growth Lever?
• Neutral Sentiment: Options and flows: Elevated options activity and lighter holiday trading can amplify intraday moves, making short-term price action more volatile without changing the underlying fundamentals. Unpacking the Latest Options Trading Trends in Micron Technology
• Neutral Sentiment: Long-term performance narratives: Coverage highlighting Micron’s huge multi-year gains and the stock’s status as a top 2025 performer reinforces buy-and-hold stories but can also encourage rotation. If You Invested $1000 In Micron Technology Stock 15 Years Ago, You Would Have This Much Today
• Negative Sentiment: Thin holiday volume and profit-taking: Several outlets note the stock eased amid light holiday trading and investors taking profits after a massive 2025 run — this increases downside pressure on quieter sessions. Micron (MU) Stock; Slips on Thin Holiday Volume as AI Memory Tailwinds Dominate Outlook
• Negative Sentiment: Analyst pushback and downgrades: Some analysts and commentary pieces have flagged valuation and timing risks, with at least one notable ratings downgrade and sell-side caution that could pressure sentiment. Micron – Timing Might Be Everything (Ratings Downgrade)
• Negative Sentiment: Sell recommendations / valuation concerns: Some outlets have issued sell or cautious takes citing high near-term multiples after the rally, which can accelerate short-term outflows. Micron Technology (MU): A Sell Recommendation Amid High Valuations

Wall Street Analyst Weigh In

MU has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Micron Technology from $200.00 to $280.00 and gave the stock a “buy” rating in a research note on Tuesday, December 9th. Susquehanna boosted their price objective on shares of Micron Technology from $200.00 to $300.00 and gave the stock a “positive” rating in a report on Monday, December 8th. Needham & Company LLC increased their target price on shares of Micron Technology from $200.00 to $300.00 and gave the company a “buy” rating in a research note on Tuesday, December 16th. Wolfe Research lifted their target price on Micron Technology from $300.00 to $350.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Finally, KeyCorp set a $350.00 price target on Micron Technology in a report on Thursday, December 18th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $282.61.

Insider Buying and Selling

In related news, CEO Sanjay Mehrotra sold 3,743 shares of the company’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $233.39, for a total value of $873,578.77. Following the completion of the sale, the chief executive officer owned 396,578 shares in the company, valued at $92,557,339.42. This represents a 0.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Steven J. Gomo sold 5,000 shares of the 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 approximately $5,045,614.57. The trade was a 20.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 349,163 shares of company stock valued at $77,822,318. 0.24% of the stock is owned by company insiders.

Micron Technology Company Profile

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.