Montrusco Bolton Investments 13F: Cuts MU Stake by $23M

Montrusco Bolton Investments has reduced its holdings in Micron Technology, Inc. (NasdaqGS: MU) by 10.7%, according to its latest 13F filing with the SEC. The firm trimmed its position by 21,758 shares, bringing its total to 182,304 shares valued at about $194.2 million.

What Changed in Montrusco Bolton's Micron Technology Position

Montrusco Bolton cut its stake in Micron Technology from 204,062 shares to 182,304 shares, a reduction of 21,758 shares. This adjustment represents a 10.7% decrease in its holdings, leaving the firm's investment in the semiconductor giant valued at approximately $194.2 million as of the latest filing period.

Micron Technology, Inc. Stock Down 2.4%

Shares of NasdaqGS:MU traded at a previous close of $1,015.80. Micron Technology, Inc. has a market capitalization of around $1.18 trillion, with a P/E ratio of 23.57 and a forward P/E of 6.57. The company's stock has seen a 52-week low of $154.65 and a high of $1,255.00. Its 50-day moving average is $928.55, while the 200-day moving average stands at $644.17. Micron's financial health is supported by a current ratio of 3.43 and a quick ratio of 2.93, with a debt-to-equity ratio of 6.33.

Recent Earnings

Micron Technology reported revenue of approximately $90.27 billion, reflecting a growth rate of 3.46%. The company achieved an EPS of $44.29, with a net margin of 55.91% and a return on equity of 66.64%. Investors are anticipating the next earnings report on September 30, 2026.

Dividend

Micron Technology offers an annual dividend rate of $0.53, yielding 0.05% with a payout ratio of 1.12%. This modest dividend is part of the company's broader financial strategy.

About Micron Technology

Micron Technology, Inc., headquartered in Boise, Idaho, is a leading provider of memory and storage solutions. The company designs, manufactures, and sells products like DRAM, NAND, and SSDs under the Micron and Crucial brands. Serving diverse markets such as data centers, mobile devices, and automotive, Micron employs around 53,000 people globally. Under the leadership of CEO Sanjay Mehrotra, Micron continues to innovate in the semiconductor industry.

Bottom Line

The reduction in Montrusco Bolton's stake in Micron Technology is a notable move in the investment landscape. Investors often track such filings to gauge institutional sentiment, though it's important to remember that these 13F filings are backward-looking and may not reflect current positions. Micron's robust market presence and analyst support make it a company to watch in the semiconductor sector.