Oliver Luxxe Assets LLC Cuts Position in Microsoft Corporation $MSFT

Oliver Luxxe Assets LLC reduced its holdings in shares of Microsoft Corporation (NASDAQ:MSFT) by 2.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 8,447 shares of the software giant’s stock after selling 230 shares during the period. Oliver Luxxe Assets LLC’s holdings in Microsoft were worth $4,201,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. CJM Wealth Advisers Ltd. raised its position in Microsoft by 1.4% during the 2nd quarter. CJM Wealth Advisers Ltd. now owns 4,987 shares of the software giant’s stock valued at $2,480,000 after purchasing an additional 68 shares in the last quarter. Chris Bulman Inc raised its position in Microsoft by 8.6% during the 2nd quarter. Chris Bulman Inc now owns 2,928 shares of the software giant’s stock valued at $1,456,000 after purchasing an additional 233 shares in the last quarter. IronOak Wealth LLC. bought a new stake in Microsoft during the 2nd quarter valued at $2,323,000. Legacy Capital Group California Inc. raised its position in Microsoft by 16.8% during the 2nd quarter. Legacy Capital Group California Inc. now owns 11,526 shares of the software giant’s stock valued at $5,733,000 after purchasing an additional 1,660 shares in the last quarter. Finally, Financial Enhancement Group LLC raised its position in Microsoft by 3.4% during the 2nd quarter. Financial Enhancement Group LLC now owns 2,949 shares of the software giant’s stock valued at $1,484,000 after purchasing an additional 96 shares in the last quarter. 71.13% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on MSFT. Bank of America lifted their target price on Microsoft from $585.00 to $640.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Scotiabank lifted their price target on Microsoft from $500.00 to $650.00 and gave the company a “sector outperform” rating in a report on Thursday, July 31st. Piper Sandler lifted their price target on Microsoft from $600.00 to $650.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Wedbush lifted their price target on Microsoft from $600.00 to $625.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Finally, Citigroup boosted their target price on Microsoft from $605.00 to $613.00 and gave the stock a “buy” rating in a research note on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $617.63.

Microsoft Price Performance

NASDAQ:MSFT opened at $517.35 on Friday. Microsoft Corporation has a 12 month low of $344.79 and a 12 month high of $555.45. The stock has a 50 day moving average of $512.83 and a two-hundred day moving average of $466.63. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.12. The firm has a market cap of $3.85 trillion, a P/E ratio of 37.93, a price-to-earnings-growth ratio of 2.25 and a beta of 1.03.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, July 30th. The software giant reported $3.65 EPS for the quarter, topping the consensus estimate of $3.35 by $0.30. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.The company had revenue of $76.44 billion during the quarter, compared to analyst estimates of $73.79 billion. During the same period in the previous year, the business earned $2.95 EPS. Microsoft’s quarterly revenue was up 18.1% on a year-over-year basis. Microsoft has set its Q1 2026 guidance at EPS. On average, analysts expect that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be given a $0.91 dividend. The ex-dividend date is Thursday, November 20th. This is a positive change from Microsoft’s previous quarterly dividend of $0.83. This represents a $3.64 annualized dividend and a yield of 0.7%. Microsoft’s dividend payout ratio (DPR) is currently 24.34%.

Insider Activity at Microsoft

In related news, EVP Takeshi Numoto sold 4,850 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $527.32, for a total value of $2,557,502.00. Following the completion of the transaction, the executive vice president directly owned 39,111 shares in the company, valued at approximately $20,624,012.52. This represents a 11.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Satya Nadella sold 149,205 shares of the company’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $504.78, for a total value of $75,315,699.90. Following the transaction, the chief executive officer owned 790,852 shares in the company, valued at $399,206,272.56. This trade represents a 15.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.03% of the company’s stock.

Microsoft 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.