Wallington Asset Management LLC Acquires 40,144 Shares of Micron Technology, Inc. $MU

Wallington Asset Management LLC boosted its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 95.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 82,358 shares of the semiconductor manufacturer’s stock after purchasing an additional 40,144 shares during the period. Micron Technology comprises approximately 1.8% of Wallington Asset Management LLC’s holdings, making the stock its 24th largest holding. Wallington Asset Management LLC’s holdings in Micron Technology were worth $13,780,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Continuum Advisory LLC increased its stake in shares of Micron Technology by 93.6% during the third quarter. Continuum Advisory LLC now owns 24,395 shares of the semiconductor manufacturer’s stock valued at $4,082,000 after buying an additional 11,795 shares during the period. waypoint wealth counsel purchased a new stake in Micron Technology in the third quarter worth $551,000. Pure Financial Advisors LLC boosted its holdings in Micron Technology by 30.9% in the third quarter. Pure Financial Advisors LLC now owns 6,069 shares of the semiconductor manufacturer’s stock valued at $1,015,000 after acquiring an additional 1,434 shares in the last quarter. Range Financial Group LLC bought a new stake in Micron Technology in the third quarter valued at $726,000. Finally, Goldstone Financial Group LLC increased its position in Micron Technology by 21.3% during the 3rd quarter. Goldstone Financial Group LLC now owns 6,284 shares of the semiconductor manufacturer’s stock valued at $1,051,000 after purchasing an additional 1,104 shares during the period. Institutional investors own 80.84% of the company’s stock.

Insider Activity

In related news, CFO Mark J. Murphy sold 126,000 shares of the company’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $225.31, for a total value of $28,389,060.00. Following the transaction, the chief financial officer directly owned 219,693 shares of the company’s stock, valued at approximately $49,499,029.83. This represents a 36.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Sanjay Mehrotra sold 22,500 shares of Micron Technology stock in a transaction on Monday, October 27th. The stock was sold at an average price of $220.72, for a total value of $4,966,200.00. Following the completion of the sale, the chief executive officer directly owned 446,578 shares of the company’s stock, valued at approximately $98,568,696.16. The trade was a 4.80% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 369,300 shares of company stock worth $81,513,868. Corporate insiders own 0.24% of the company’s stock.

Key Stores Impacting Micron Technology

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

• Positive Sentiment: Strong earnings and guidance — Micron’s holiday-quarter results and commentary (record free cash flow, revenue & earnings beats, bullish guidance) are the primary catalyst lifting sentiment. Micron (MU) Jumps 7% on Christmas Rush, Strong Earnings
• Positive Sentiment: New all-time high — MU reached a fresh record, reinforcing momentum and triggering momentum-based flows and price-target resets. Micron Stock (MU) Reaches a New Record — What Comes Next in 2026?
• Positive Sentiment: Analyst recognition — Micron was added to Zacks’ Rank #1 (Strong Buy) growth list, which can help sustain buy-side interest and upgrades. Best Growth Stocks to Buy for December 30th
• Positive Sentiment: Sector/ETF tailwinds — Market positioning around NVIDIA’s moves and the broader AI inference cycle is benefiting memory suppliers (HBM) like Micron; ETFs that underweight or cap winners also reallocate into memory names. The Lazy Way to Play NVIDIA’s $20B Groq Deal
• Neutral Sentiment: Small institutional buying — Apella Capital reported a modest new position in MU (low-impact signal of interest but not a major stake). Apella Capital LLC Buys New Position in Micron Technology, Inc. $MU
• Neutral Sentiment: Value/long-term case debated — Several commentators argue MU is attractively valued given AI-driven memory shortages; useful for long-term positioning but less immediately market-moving than earnings. Is Micron Technology a Good Value in this Economy?
• Negative Sentiment: Overbought/pullback risk — Traders and option strategists are flagging MU as far above long-term moving averages; bear‑put spread strategies and writeups warn a corrective pullback is possible after the parabolic run. Micron Technology Bear Put Spread Could Return 197% in this Down Move
• Negative Sentiment: Sentiment/positioning risk — Coverage noting the stock’s rapid gains has prompted some caution (commentators urging management to be more demonstrative and traders taking profits). That can add short-term volatility. Jim Cramer Wants Micron (MU) CEO to be More Exuberant

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. KGI Securities raised shares of Micron Technology from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 24th. Stifel Nicolaus upped their target price on Micron Technology from $195.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, December 12th. JPMorgan Chase & Co. lifted their price target on Micron Technology from $220.00 to $350.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. Summit Insights upgraded Micron Technology to a “strong-buy” rating in a report on Tuesday, September 23rd. Finally, BNP Paribas Exane upgraded shares of Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 target price on the stock in a report on Monday, October 13th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $282.61.

Micron Technology Trading Up 3.4%

Micron Technology stock opened at $294.37 on Tuesday. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $294.50. The company has a market capitalization of $331.32 billion, a price-to-earnings ratio of 27.98, a price-to-earnings-growth ratio of 0.18 and a beta of 1.54. The business’s fifty day simple moving average is $238.81 and its two-hundred day simple moving average is $172.74. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.77 by $1.01. The firm 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%.Micron Technology’s quarterly revenue was up 56.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, equities analysts predict 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. Stockholders of record on Monday, December 29th will be paid a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Monday, December 29th. Micron Technology’s dividend payout ratio is currently 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.