Lifeworks Advisors LLC Grows Stock Holdings in Micron Technology, Inc. $MU

Lifeworks Advisors LLC boosted its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 26.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,725 shares of the semiconductor manufacturer’s stock after purchasing an additional 787 shares during the quarter. Lifeworks Advisors LLC’s holdings in Micron Technology were worth $459,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. First Command Advisory Services Inc. raised its stake in Micron Technology by 225.0% during the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 153 shares in the last quarter. AlphaQuest LLC raised its stake in Micron Technology by 13,250.0% during the second quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock valued at $33,000 after purchasing an additional 265 shares in the last quarter. AllSquare Wealth Management LLC raised its stake in Micron Technology by 100.0% during the first quarter. AllSquare Wealth Management LLC now owns 400 shares of the semiconductor manufacturer’s stock valued at $35,000 after purchasing an additional 200 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Micron Technology during the first quarter valued at $36,000. Finally, Hilltop National Bank purchased a new stake in Micron Technology during the second quarter valued at $37,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Trading Down 0.1%

MU stock opened at $223.77 on Friday. The company has a market capitalization of $251.18 billion, a PE ratio of 29.48, a P/E/G ratio of 0.51 and a beta of 1.56. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $232.40. The firm’s 50-day moving average is $169.83 and its 200 day moving average is $128.13. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.52 and a quick ratio of 1.79.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $2.86 EPS for the quarter, hitting the consensus estimate of $2.86. The company had revenue of $11.32 billion for the quarter, compared to the consensus estimate of $11.05 billion. Micron Technology had a net margin of 22.84% and a return on equity of 17.21%. The firm’s revenue was up 46.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.18 EPS. Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. On average, research analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 21st. Investors of record on Friday, October 3rd were paid a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, October 3rd. Micron Technology’s dividend payout ratio (DPR) is currently 6.06%.

Analysts Set New Price Targets

MU has been the subject of a number of recent analyst reports. Barclays lifted their price target on shares of Micron Technology from $195.00 to $240.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Cantor Fitzgerald upped their price target on shares of Micron Technology from $185.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, September 24th. 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 report on Monday, October 13th. Stifel Nicolaus upped their price target on shares of Micron Technology from $173.00 to $195.00 and gave the company a “buy” rating in a report on Monday, September 22nd. Finally, Itau BBA Securities initiated coverage on shares of Micron Technology in a report on Tuesday, October 7th. They set an “outperform” rating and a $249.00 price target on the stock. Five investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Micron Technology presently has an average rating of “Buy” and an average price target of $202.79.

Insider Buying and Selling

In other Micron Technology news, EVP April S. Arnzen sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $164.04, for a total transaction of $2,460,600.00. Following the transaction, the executive vice president owned 131,580 shares of the company’s stock, valued at approximately $21,584,383.20. This trade represents a 10.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Scott J. Deboer sold 82,000 shares of the firm’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $222.81, for a total transaction of $18,270,420.00. Following the transaction, the executive vice president directly owned 154,145 shares in the company, valued at $34,345,047.45. This trade represents a 34.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 271,256 shares of company stock valued at $53,931,979 in the last 90 days. Company insiders own 0.30% of the company’s stock.

Micron Technology Company Profile

Micron Technology, Inc designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.