Microsoft Co. (NASDAQ:MSFT) is Wealth Management Partners LLC’s 5th Largest Position

Wealth Management Partners LLC trimmed its stake in Microsoft Co. (NASDAQ:MSFT) by 0.6% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 22,967 shares of the software giant’s stock after selling 134 shares during the period. Microsoft comprises 5.0% of Wealth Management Partners LLC’s investment portfolio, making the stock its 5th biggest holding. Wealth Management Partners LLC’s holdings in Microsoft were worth $10,265,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in MSFT. Rebalance LLC raised its position in Microsoft by 0.7% in the 2nd quarter. Rebalance LLC now owns 3,451 shares of the software giant’s stock valued at $1,542,000 after purchasing an additional 24 shares during the last quarter. Morris Financial Concepts Inc. increased its stake in Microsoft by 0.9% in the fourth quarter. Morris Financial Concepts Inc. now owns 2,663 shares of the software giant’s stock valued at $1,001,000 after purchasing an additional 25 shares during the period. Innova Wealth Partners raised its holdings in shares of Microsoft by 0.6% in the fourth quarter. Innova Wealth Partners now owns 4,239 shares of the software giant’s stock valued at $1,594,000 after buying an additional 25 shares during the last quarter. Arkansas Financial Group Inc. boosted its stake in shares of Microsoft by 1.5% during the fourth quarter. Arkansas Financial Group Inc. now owns 1,719 shares of the software giant’s stock worth $646,000 after buying an additional 25 shares during the period. Finally, Partnership Wealth Management LLC grew its holdings in shares of Microsoft by 0.4% during the first quarter. Partnership Wealth Management LLC now owns 6,202 shares of the software giant’s stock worth $2,609,000 after buying an additional 25 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Satya Nadella sold 14,398 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $417.41, for a total transaction of $6,009,869.18. Following the sale, the chief executive officer now owns 786,933 shares in the company, valued at $328,473,703.53. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.03% of the company’s stock.

Microsoft Price Performance

MSFT stock opened at $409.44 on Wednesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.27 and a current ratio of 1.27. The stock’s 50 day moving average price is $430.25 and its 200 day moving average price is $423.01. The firm has a market cap of $3.04 trillion, a P/E ratio of 35.45, a PEG ratio of 2.11 and a beta of 0.90. Microsoft Co. has a 1 year low of $309.45 and a 1 year high of $468.35.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Tuesday, July 30th. The software giant reported $2.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.90 by $0.05. The business had revenue of $64.73 billion for the quarter, compared to the consensus estimate of $64.38 billion. Microsoft had a return on equity of 35.95% and a net margin of 35.96%. The business’s revenue was up 15.2% on a year-over-year basis. During the same period in the prior year, the business earned $2.69 earnings per share. On average, sell-side analysts expect that Microsoft Co. will post 13.04 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Thursday, August 15th will be issued a dividend of $0.75 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.73%. Microsoft’s dividend payout ratio (DPR) is presently 25.97%.

Analyst Upgrades and Downgrades

MSFT has been the subject of a number of recent research reports. Macquarie increased their price objective on Microsoft from $460.00 to $475.00 and gave the stock an “outperform” rating in a research report on Friday, May 17th. New Street Research began coverage on Microsoft in a report on Monday, June 10th. They set a “buy” rating and a $570.00 price target for the company. Wells Fargo & Company boosted their price objective on shares of Microsoft from $500.00 to $515.00 and gave the company an “overweight” rating in a research note on Wednesday, July 31st. Tigress Financial upped their price objective on shares of Microsoft from $475.00 to $550.00 and gave the stock a “buy” rating in a research report on Thursday, June 13th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $500.00 target price on shares of Microsoft in a report on Wednesday, July 31st. Two analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company’s stock. According to data from MarketBeat.com, Microsoft presently has a consensus rating of “Moderate Buy” and an average price target of $494.72.

Microsoft Company Profile

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.