Franklin Resources Inc. Reduces Stock Position in Micron Technology, Inc. $MU

Franklin Resources Inc. decreased its position in Micron Technology, Inc. (NASDAQ:MU) by 23.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,019,179 shares of the semiconductor manufacturer’s stock after selling 615,765 shares during the quarter. Franklin Resources Inc. owned about 0.18% of Micron Technology worth $337,849,000 as of its most recent filing with the Securities and Exchange Commission.

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

Trending Headlines about Micron Technology

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

• Positive Sentiment: Wolfe Research raised its price target to $500, citing an AI memory boom that should sustain revenue and margin upside for Micron. Micron (MU) Stock Surges as Wolfe Research Sets $500 Price Target on AI Memory Boom
• Positive Sentiment: Susquehanna lifted its target to $525 and Citigroup also raised its target, reflecting stronger dealer/analyst conviction ahead of Micron’s earnings. Analyst upgrades are a immediate catalyst for buying pressure. Susquehanna Boosts Micron Technology (NASDAQ:MU) Price Target to $525.00
• Positive Sentiment: Supply tightness on HBM — Seeking Alpha reports HBM is sold out for 2026 — supporting stronger pricing and near‑term revenue visibility for Micron’s high‑margin AI memory products. Micron Technology: HBM Sold Out For 2026, Wall Street Is Still Underpricing
• Positive Sentiment: Applied Materials announced partnerships with Micron (and others) around AI memory chip production tools — a sign of ecosystem alignment and investment behind AI memory expansion. Applied Materials forges partnerships with Micron and SK Hynix for AI memory chips
• Positive Sentiment: Multiple outlets note that a wave of analyst upgrades has driven intraday buying (reported rallies of ~5%+), amplifying momentum into earnings week. Why Micron stock is soaring nearly 5% today?
• Neutral Sentiment: Analyst previews and AI stock roundups include Micron as a top AI‑exposure pick; these thematic pieces increase investor attention but are not new company-specific catalysts. AI Stocks Worth Adding to Your Portfolio for Healthy Returns
• Neutral Sentiment: Street expects an earnings beat next week; previews (Zacks, TipRanks, Citi commentary) highlight revenue and EPS upside but also make results a focal point for near‑term volatility. Micron (MU) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Negative Sentiment: Some analysts and commentators warn the stock looks “toppy” after recent big gains and prior sharp corrections; valuation and mean‑reversion risk remain real if AI demand disappoints or supply ramps unexpectedly. Is Micron Getting Toppy? Not According to These Pros Who See Even More Upside Ahead

Micron Technology Price Performance

Shares of NASDAQ MU opened at $418.69 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $455.50. The company has a market capitalization of $471.24 billion, a price-to-earnings ratio of 39.80 and a beta of 1.50. The business has a 50-day moving average of $386.74 and a 200-day moving average of $268.56.

Micron Technology (NASDAQ:MU) last announced its 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 the consensus estimate 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% on a year-over-year basis. During the same period last year, the business posted $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, equities analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were paid a dividend of $0.115 per share. The ex-dividend date was Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is currently 4.37%.

Analysts Set New Price Targets

MU has been the topic of several recent analyst reports. Royal Bank Of Canada began coverage on shares of Micron Technology in a report on Thursday, January 15th. They set an “outperform” rating and a $425.00 price objective on the stock. Piper Sandler upped their price target on shares of Micron Technology from $275.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 7th. Raymond James Financial increased their price target on shares of Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. Cantor Fitzgerald boosted their price objective on shares of Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Finally, Barclays upped their price objective on Micron Technology from $275.00 to $450.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Six 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 company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $381.14.

Insider Buying and Selling at Micron Technology

In other news, EVP April S. Arnzen sold 15,000 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $277.09, for a total value of $4,156,350.00. Following the completion of the transaction, the executive vice president directly owned 165,618 shares in the company, valued at approximately $45,891,091.62. This represents a 8.30% 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 this link. Also, EVP Manish H. Bhatia sold 26,623 shares of the firm’s stock in a transaction on Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total transaction of $10,410,657.92. Following the sale, the executive vice president directly owned 323,486 shares of the company’s stock, valued at approximately $126,495,965.44. The trade was a 7.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders acquired 23,200 shares of company stock valued at $7,821,723 and sold 73,623 shares valued at $27,307,408. 0.24% of the stock is currently 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.