TD Waterhouse Canada Inc. Buys 15,943 Shares of Micron Technology, Inc. $MU

TD Waterhouse Canada Inc. lifted its position in Micron Technology, Inc. (NASDAQ:MU) by 48.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 48,790 shares of the semiconductor manufacturer’s stock after buying an additional 15,943 shares during the period. TD Waterhouse Canada Inc.’s holdings in Micron Technology were worth $13,920,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. AQR Capital Management LLC boosted its position in shares of Micron Technology by 411.9% during the third quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer’s stock worth $606,873,000 after buying an additional 2,918,535 shares during the period. California Public Employees Retirement System increased its holdings in Micron Technology by 70.2% during the third quarter. California Public Employees Retirement System now owns 3,023,799 shares of the semiconductor manufacturer’s stock worth $505,942,000 after buying an additional 1,246,773 shares during the last quarter. Voloridge Investment Management LLC raised its position in Micron Technology by 1,064.3% during the third quarter. Voloridge Investment Management LLC now owns 1,304,471 shares of the semiconductor manufacturer’s stock worth $218,264,000 after acquiring an additional 1,192,433 shares in the last quarter. Wellington Management Group LLP grew its position in shares of Micron Technology by 19.9% in the 3rd quarter. Wellington Management Group LLP now owns 7,150,530 shares of the semiconductor manufacturer’s stock valued at $1,196,427,000 after acquiring an additional 1,188,296 shares during the period. Finally, Orbis Allan Gray Ltd grew its holdings in Micron Technology by 50.2% during the second quarter. Orbis Allan Gray Ltd now owns 3,457,726 shares of the semiconductor manufacturer’s stock worth $426,165,000 after purchasing an additional 1,156,086 shares during the period. Institutional investors own 80.84% of the company’s stock.

Micron Technology Price Performance

MU stock opened at $448.42 on Tuesday. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13. The firm has a market cap of $505.70 billion, a price-to-earnings ratio of 21.17 and a beta of 1.60. The company’s fifty day simple moving average is $407.71 and its 200 day simple moving average is $321.16. Micron Technology, Inc. has a 12-month low of $65.64 and a 12-month high of $471.34.

Micron Technology Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.1%. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Monday, March 30th. Micron Technology’s payout ratio is presently 2.83%.

Analyst Upgrades and Downgrades

MU has been the subject of several research reports. Bank of America lifted their price target on Micron Technology from $400.00 to $500.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. The Goldman Sachs Group upped their target price on Micron Technology from $360.00 to $400.00 and gave the stock a “neutral” rating in a research note on Thursday, March 19th. Barclays boosted their price target on Micron Technology from $450.00 to $675.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. Cantor Fitzgerald raised their price objective on Micron Technology from $450.00 to $700.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. Finally, Mizuho increased their target price on shares of Micron Technology from $480.00 to $530.00 and gave the stock an “outperform” rating in a report on Thursday, March 19th. Five research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Micron Technology has an average rating of “Buy” and an average price target of $464.61.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Morgan Stanley is increasing focus on memory stocks as AI (especially agentic AI) expands demand for CPUs and memory, boosting institutional conviction in names like Micron. Read More.
• Positive Sentiment: Goldman Sachs highlights Micron as driving an outsized share of S&P 500 EPS revisions since the war began (51%), underscoring Micron’s central role in AI-related earnings upgrades. Read More.
• Positive Sentiment: Micron reports strong demand for high-bandwidth memory (HBM) with sold-out capacity tests, reinforcing revenue and cash-flow upside from AI data-center spending. Read More.
• Positive Sentiment: Flows into memory-focused ETFs (Roundhill DRAM topping $1B quickly) suggest broad investor allocation into the sector, a tailwind for Micron equity demand. Read More.
• Neutral Sentiment: Brokerage consensus sits at a “Buy” for MU, reflecting widespread analyst optimism but also implying expectations are already baked into price. Read More.
• Negative Sentiment: Macro/market caution: analysts and commentators warn the semiconductor rally resembles past bubbles (largest SOX surge since 2002), raising risk of a sharp pullback that could hit high-flying names like Micron. Read More.
• Negative Sentiment: Several bearish takes argue Micron’s run is “top-heavy” or vulnerable to a correction (including “Dead Cats Don’t Bounce Twice” and other risk-focused pieces), contributing to near-term selling pressure. Read More. Read More.
• Neutral Sentiment: Market-wide risk-on moves (e.g., Bitcoin and big tech rally after geopolitical news) are supportive for cyclical tech names, but MU’s intraday move reflects a balance between rotation flows and profit-taking. Read More.

Insiders Place Their Bets

In other news, EVP April S. Arnzen sold 40,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total transaction of $13,895,600.00. Following the completion of the sale, the executive vice president owned 125,737 shares in the company, valued at $43,679,776.43. The trade was a 24.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sumit Sadana sold 25,000 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the sale, the executive vice president owned 248,021 shares of the company’s stock, valued at $106,621,747.69. This trade represents a 9.16% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 115,623 shares of company stock worth $45,165,908. Corporate insiders own 0.24% of the company’s stock.

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.