Heritage Trust Co Has $4.29 Million Holdings in Micron Technology, Inc. $MU

Heritage Trust Co increased its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 9.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 15,026 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,323 shares during the period. Heritage Trust Co’s holdings in Micron Technology were worth $4,289,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. 3Chopt Investment Partners LLC lifted its position in shares of Micron Technology by 4.0% during the 4th quarter. 3Chopt Investment Partners LLC now owns 5,537 shares of the semiconductor manufacturer’s stock worth $1,581,000 after buying an additional 211 shares during the period. Mutual of America Capital Management LLC raised its position in Micron Technology by 0.3% in the 4th quarter. Mutual of America Capital Management LLC now owns 121,631 shares of the semiconductor manufacturer’s stock valued at $34,715,000 after purchasing an additional 338 shares during the last quarter. Beto Financial Group LLC bought a new position in Micron Technology in the 4th quarter valued at $1,586,000. Root Financial Partners LLC raised its position in Micron Technology by 201.9% in the 4th quarter. Root Financial Partners LLC now owns 3,508 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after purchasing an additional 2,346 shares during the last quarter. Finally, One Capital Management LLC raised its position in Micron Technology by 13.8% in the 4th quarter. One Capital Management LLC now owns 1,573 shares of the semiconductor manufacturer’s stock valued at $449,000 after purchasing an additional 191 shares during the last quarter. Institutional investors own 80.84% of the company’s stock.

Analyst Upgrades and Downgrades

MU has been the subject of several research analyst reports. Summit Insights downgraded Micron Technology from a “buy” rating to a “hold” rating in a research report on Thursday, March 19th. Barclays lifted their price objective on Micron Technology from $450.00 to $675.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. JPMorgan Chase & Co. lifted their price objective on Micron Technology from $350.00 to $550.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. Morgan Stanley lifted their price objective on Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. Finally, Cantor Fitzgerald lifted their price objective on Micron Technology from $450.00 to $700.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $621.97.

Micron Technology Stock Up 6.6%

NASDAQ:MU opened at $1,035.50 on Tuesday. The stock has a market cap of $1.17 trillion, a price-to-earnings ratio of 48.89 and a beta of 2.15. The stock has a 50-day moving average price of $569.31 and a two-hundred day moving average price of $418.02. Micron Technology, Inc. has a 1 year low of $94.40 and a 1 year high of $1,046.97. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13.

Micron Technology (NASDAQ:MU) last released its earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.19 by $3.01. The business had revenue of $23.86 billion for the quarter, compared to analyst estimates of $19.97 billion. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.Micron Technology’s revenue was up 196 on a year-over-year basis. During the same quarter in the prior year, the company posted $1.56 earnings per share. As a group, equities analysts expect that Micron Technology, Inc. will post 58.62 earnings per share for the current year.

Micron Technology Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th were given a $0.15 dividend. The ex-dividend date of this dividend was Monday, March 30th. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is currently 2.83%.

Insider Transactions at Micron Technology

In related news, EVP Sumit Sadana sold 24,000 shares of the stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $421.35, for a total transaction of $10,112,400.00. Following the sale, the executive vice president owned 224,021 shares of the company’s stock, valued at $94,391,248.35. This represents a 9.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of the stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total value of $13,895,600.00. Following the sale, the executive vice president directly owned 125,737 shares in the company, valued at $43,679,776.43. This represents a 24.13% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 106,000 shares of company stock worth $47,032,460 over the last three months. Company insiders own 0.24% of the company’s stock.

Micron Technology News Summary

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

• Positive Sentiment: Micron unveiled its AI-optimized memory and storage portfolio at COMPUTEX 2026, including HBM4, high-capacity DDR5, and advanced SSDs, reinforcing the company’s position as a key supplier for AI infrastructure. Micron Powers AI Everywhere at COMPUTEX 2026
• Positive Sentiment: Wall Street remains bullish, with firms including Raymond James, Mizuho, and Susquehanna lifting price targets sharply as memory demand and AI-driven supply constraints continue to support the outlook. Micron Gains Wall Street Support as Memory Demand Builds
• Positive Sentiment: Micron’s stock has surged to fresh record highs and briefly joined the $1 trillion market-cap club, reflecting strong investor enthusiasm for the memory-chip boom and AI cycle. Why Micron Stock Hit a New All-Time High Today
• Positive Sentiment: Articles across the financial media continue to frame Micron as a major beneficiary of AI memory shortages and improving pricing power, which can keep momentum traders interested. As Micron’s stock blows past $1,000, Wall Street sees more gains in store
• Neutral Sentiment: Some commentators are warning that MU is extremely extended after its historic rally, with technical and valuation-based articles arguing the stock may be overheated in the near term. Micron stock flashes major crash signal in over 30 years
• Negative Sentiment: Bearish pieces are also questioning whether Micron can sustain its current pace, citing overbought conditions, possible market-share concerns, and bubble fears after the huge run-up. Micron: Forget The Memory Supercycle – Market Share Is My Biggest Concern

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.