Equitable Trust Co. Invests $206,000 in Micron Technology, Inc. $MU

Equitable Trust Co. purchased a new stake in shares of Micron Technology, Inc. (NASDAQ:MU) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,232 shares of the semiconductor manufacturer’s stock, valued at approximately $206,000.

Other large investors have also recently added to or reduced their stakes in the company. Orleans Capital Management Corp LA bought a new stake in shares of Micron Technology during the second quarter valued at approximately $256,000. iA Global Asset Management Inc. increased its position in Micron Technology by 18.7% in the 3rd quarter. iA Global Asset Management Inc. now owns 146,890 shares of the semiconductor manufacturer’s stock valued at $24,578,000 after acquiring an additional 23,117 shares during the period. Cary Street Partners Financial LLC raised its stake in Micron Technology by 25.0% during the 2nd quarter. Cary Street Partners Financial LLC now owns 26,132 shares of the semiconductor manufacturer’s stock valued at $3,221,000 after acquiring an additional 5,233 shares in the last quarter. Wealthspire Advisors LLC boosted its position in Micron Technology by 27.8% during the 2nd quarter. Wealthspire Advisors LLC now owns 14,754 shares of the semiconductor manufacturer’s stock worth $1,818,000 after acquiring an additional 3,208 shares during the period. Finally, Wealthfront Advisers LLC grew its stake in shares of Micron Technology by 9.8% in the third quarter. Wealthfront Advisers LLC now owns 95,396 shares of the semiconductor manufacturer’s stock worth $15,962,000 after purchasing an additional 8,489 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors.

Micron Technology Trading Down 0.7%

Micron Technology stock opened at $418.01 on Wednesday. The firm has a market cap of $470.47 billion, a price-to-earnings ratio of 39.73 and a beta of 1.52. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $455.50. The firm’s 50 day moving average price is $358.66 and its two-hundred day moving average price is $247.85. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 22.71% and a net margin of 28.15%.The company’s revenue was up 56.7% compared to the same quarter last year. During the same period last year, the company posted $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, research analysts predict that Micron Technology, Inc. will post 6.08 EPS 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 given 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%.

Insider Buying and Selling at Micron Technology

In related news, EVP Sumit Sadana sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total value of $10,747,250.00. Following the completion of the sale, the executive vice president owned 248,021 shares in the company, valued at approximately $106,621,747.69. This represents a 9.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Teyin M. Liu acquired 7,820 shares of the stock in a transaction on Wednesday, January 14th. The shares were purchased at an average price of $337.50 per share, for a total transaction of $2,639,250.00. Following the completion of the transaction, the director owned 25,910 shares in the company, valued at approximately $8,744,625. This represents a 43.23% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders have acquired 23,200 shares of company stock valued at $7,821,723 and have sold 73,623 shares valued at $27,307,408. 0.24% of the stock is owned by insiders.

Trending Headlines about Micron Technology

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

• Positive Sentiment: TD Cowen raised its long‑term EPS scenario for MU to as much as $60 for 2026, lifting upside earnings expectations and reinforcing a bullish fundamental thesis for Micron. What TD Cowen’s $60 EPS Call Means for Micron Technology (MU)
• Positive Sentiment: Coverage pieces highlight Micron’s strategic pivot into AI memory (HBM), reporting multi‑year commitments to hyperscalers and planned U.S. fab expansion to meet AI demand — a structural tailwind for revenue and pricing power. Micron’s AI Memory Pivot Tests Valuation As US Fab Spending Surges
• Positive Sentiment: Sector pieces place MU among the handful of firms at the center of an AI memory supply squeeze (HBM/DRAM shortage themes), noting recent revenue and EPS beats that validate stronger forward estimates. These 5 Stocks Are at the Center of the AI Supply Squeeze
• Positive Sentiment: Mainstream commentary (Forbes, Barron’s followups) argues the AI memory boom may have more room to run given tight supply and rising memory intensity per AI model — supporting a continued bullish case for MU. Micron Stock: Is The AI Memory Boom Just Beginning?
• Neutral Sentiment: Micron confirmed its fiscal Q2 earnings call for Mar. 18 — a near‑term catalyst that can amplify volatility (beat could push shares higher; a miss could trigger further selling). Webcast details are on Micron’s IR site. Micron Technology to Report Fiscal Second Quarter Results on March 18, 2026
• Neutral Sentiment: Analysts and commentators are discussing a possible stock split after a ~300% one‑year run; splits don’t change fundamentals but can broaden retail demand — mostly speculative until announced by Micron. Will Micron Technology Stock Split?
• Negative Sentiment: Short‑term price weakness: recent sessions show MU pulling back more than the market, consistent with profit‑taking after a rapid rally; that increases volatility ahead of earnings. Micron (MU) Suffers a Larger Drop Than the General Market: Key Insights
• Negative Sentiment: Risk pieces warn the AI/memory cycle could cool or re‑rate if capacity adds, pricing normalizes, or demand growth slows — a reminder that elevated expectations are priced in and downside risk exists. Micron and Its Memory-Chip Peers Are Riding the AI Surge. How and When It Could Turn Sour.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on MU shares. Wells Fargo & Company lifted their price objective on shares of Micron Technology from $335.00 to $410.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. Rosenblatt Securities reissued a “buy” rating and set a $500.00 target price on shares of Micron Technology in a research note on Tuesday, January 20th. Wolfe Research boosted their price target on shares of Micron Technology from $300.00 to $350.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Susquehanna increased their price objective on shares of Micron Technology from $200.00 to $300.00 and gave the company a “positive” rating in a report on Monday, December 8th. Finally, Itau BBA Securities reissued an “outperform” rating on shares of Micron Technology in a report on Thursday, December 18th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $358.38.

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.