PensionDanmark Pensionsforsikringsaktieselskab 13F: Adds $3.6M to MU Stake

PensionDanmark increased its holdings in Micron Technology, Inc. (MU) by 3,411 shares during the quarter, lifting its total stake by 1.6% to 221,828 shares. Disclosed in a filing on October 19, 2026, the updated position carried a reported value of about $236.2 million.

MU Micron Technology, Inc.

$908.09 ▲ +188.11% year to date

1M 3M YTD

Daily close · Oct 19, 2026

What Changed in PensionDanmark's Micron Technology, Inc. Position

The fund expanded its footprint in the semiconductor maker by adding 3,411 shares to its prior total of 218,417 shares. That brought PensionDanmark's ending share count to 221,828. Based on the filing values, the expanded holding was valued at roughly $236.2 million at the close of the period.

Other Institutional Activity in Micron Technology, Inc.

Primecap Management Company reduced its holdings by 2,657,819 shares, ending with 19,217,236 shares worth about $17,389,677,325.

Micron Technology, Inc. Stock Up 3.0%

Micron Technology, Inc. recently traded around $905.35 per share, putting it down about 0.3% from its close of $908.09 on the filing date of October 19, 2026. The stock trades above its 200-day moving average of $714.91, while sitting roughly 27.9% below its 52-week high of $1,255.00.

Recent Earnings

Micron Technology, Inc. reported trailing twelve month revenue of $133,188,001,792 alongside basic earnings of $74.33 per share. The company generated a net profit margin of 63.8% and a return on equity of 88.3%. Its next earnings report is scheduled for December 23, 2026.

Dividend

Micron Technology, Inc. pays an annual dividend yield of 0.06% with a dividend payout ratio of 0.7%.

Insider Buying and Selling at Micron Technology, Inc.

Chief Executive Officer Sanjay Mehrotra sold 31,285 shares on July 24, 2026, valued at $28,995,816. In a separate transaction on the same day, Sanjay Mehrotra sold 8,715 shares worth $8,294,275. Officer Sumit Sadana sold 15,000 shares at $934.29 per share on August 18, 2026, totaling $14,014,350. Later, on August 21, 2026, Sanjay Mehrotra sold 40,000 shares valued at $38,756,162.

Analysts Set New Price Targets

On October 1, 2026, Mizuho maintained an Outperform rating while raising its price target to $1400.00 from $1300.00. On the same day, Morgan Stanley reiterated an Overweight rating with a $1200.00 target, and TD Cowen reiterated a Buy rating with a $1600.00 target. DA Davidson maintained a Buy rating on October 7, 2026, bumping its target to $3000.00 from $2100.00. Rosenblatt maintained a Buy rating with a $1900.00 target on October 13, 2026. The stock currently holds a consensus strong buy rating with a mean price target of $1,560.57 across 46 analyst opinions.

About Micron Technology, Inc.

Micron Technology, Inc. designs and manufactures advanced memory and storage products, supplying vital semiconductor components to cloud data centers, mobile device makers, and automotive systems developers worldwide. Headquartered in Boise, Idaho, the company plays a central role in the hardware infrastructure powering modern computing and artificial intelligence workloads.

Bottom Line

Investors tracking Micron Technology, Inc. will look ahead to its upcoming earnings release on December 23, 2026, to gauge ongoing demand across its memory product segments. Monitoring institutional ownership shifts and upcoming regulatory filings will provide further context on how large funds are managing their positions.