Roman Butler Fullerton & Co. Makes New Investment in Micron Technology, Inc. $MU

Roman Butler Fullerton & Co. purchased a new stake in Micron Technology, Inc. (NASDAQ:MU) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,404 shares of the semiconductor manufacturer’s stock, valued at approximately $235,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in Micron Technology by 1.9% in the second quarter. Vanguard Group Inc. now owns 103,879,662 shares of the semiconductor manufacturer’s stock worth $12,803,168,000 after purchasing an additional 1,973,294 shares in the last quarter. State Street Corp grew its stake in shares of Micron Technology by 2.7% in the 2nd quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer’s stock valued at $6,331,795,000 after purchasing an additional 1,349,713 shares during the period. Geode Capital Management LLC raised its holdings in shares of Micron Technology by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 25,690,491 shares of the semiconductor manufacturer’s stock worth $3,152,974,000 after buying an additional 314,489 shares in the last quarter. Norges Bank acquired a new position in shares of Micron Technology in the 2nd quarter worth approximately $1,980,700,000. Finally, Invesco Ltd. lifted its position in shares of Micron Technology by 3.2% during the 2nd quarter. Invesco Ltd. now owns 8,913,450 shares of the semiconductor manufacturer’s stock worth $1,098,583,000 after buying an additional 277,507 shares during the period. 80.84% of the stock is owned by institutional investors.

Micron Technology News Roundup

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

• Positive Sentiment: UBS raised its price target to $450, signaling continued analyst confidence in Micron’s growth/cash-flow outlook and supporting upside expectations. UBS Raises Micron Technology (MU) Price Target to $450
• Positive Sentiment: Micron plans a US$24 billion Singapore fab to expand capacity for AI memory, reinforcing the company’s long-term AI memory growth story and revenue visibility. Big-capex builds like this support secular demand capture. Micron’s US$24b Singapore Fab Deepens AI Memory Growth Story
• Positive Sentiment: Industry commentary and features highlight tight DRAM/NAND supply and Micron saying it’s “sold out” for 2026, backing pricing power and revenue strength for the year. The AI Memory Crunch Is Creating Winners and Losers
• Neutral Sentiment: Micron remains a highly searched/trending stock; watch sentiment-driven flows and coverage as drivers of short-term volatility even when fundamentals are positive. Is Trending Stock Micron Technology, Inc. (MU) a Buy Now?
• Negative Sentiment: Samsung announced mass production of HBM4 and plans to supply Nvidia sooner, creating near-term competitive pressure on Micron’s HBM4 timeline and potentially pressuring pricing or share in AI accelerators. Samsung Stock Surges as Chipmaker Beats Micron in HBM4 Race
• Negative Sentiment: Coverage flags investor worries about Micron’s exposure to Nvidia’s next-gen chips and whether Micron will fully participate in that demand—such fears are weighing on the stock despite positive fundamentals. Micron’s stock falls on fears about Nvidia’s new chips

Insider Activity at Micron Technology

In related news, EVP Manish H. Bhatia sold 26,623 shares of Micron Technology stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the sale, the executive vice president directly owned 323,486 shares in the company, valued at $126,495,965.44. This trade represents a 7.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Sumit Sadana sold 25,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the transaction, the executive vice president owned 248,021 shares in the company, valued at approximately $106,621,747.69. The trade was a 9.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have purchased 23,200 shares of company stock valued at $7,821,723 and have sold 73,623 shares valued at $27,307,408. Insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Sanford C. Bernstein upped their price target on Micron Technology from $270.00 to $330.00 and gave the company an “outperform” rating in a research report on Friday, January 2nd. JPMorgan Chase & Co. upped their target price on shares of Micron Technology from $220.00 to $350.00 and gave the stock an “overweight” rating in a report on Thursday, December 18th. Rosenblatt Securities reiterated a “buy” rating and set a $500.00 target price on shares of Micron Technology in a research report on Tuesday, January 20th. BNP Paribas Exane upgraded shares of Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 price target on the stock in a research report on Monday, October 13th. Finally, New Street Research reaffirmed a “neutral” rating on shares of Micron Technology in a research note on Tuesday, October 14th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $349.76.

Micron Technology Trading Down 2.8%

MU opened at $383.50 on Tuesday. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $455.50. The stock has a market capitalization of $431.63 billion, a PE ratio of 36.45 and a beta of 1.51. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. The firm has a 50-day moving average price of $321.54 and a two-hundred day moving average price of $224.56.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating the consensus estimate of $3.77 by $1.01. The business had revenue of $13.64 billion for the quarter, compared to analysts’ expectations 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 was up 56.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, equities analysts anticipate 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 was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were paid a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is 4.37%.

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.