Investment Partners Asset Management Inc. increased its stake in shares of Microsoft Corporation (NASDAQ:MSFT – Free Report) by 0.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,714 shares of the software giant’s stock after acquiring an additional 119 shares during the quarter. Microsoft makes up about 4.4% of Investment Partners Asset Management Inc.’s portfolio, making the stock its 2nd largest position. Investment Partners Asset Management Inc.’s holdings in Microsoft were worth $6,324,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also bought and sold shares of the stock. Crowley Wealth Management Inc. raised its holdings in shares of Microsoft by 0.3% during the second quarter. Crowley Wealth Management Inc. now owns 10,428 shares of the software giant’s stock valued at $5,187,000 after purchasing an additional 29 shares during the period. Destiny Wealth Partners LLC grew its stake in shares of Microsoft by 16.8% in the 2nd quarter. Destiny Wealth Partners LLC now owns 34,507 shares of the software giant’s stock valued at $17,164,000 after buying an additional 4,971 shares during the period. ST Germain D J Co. Inc. increased its position in Microsoft by 2.2% in the 2nd quarter. ST Germain D J Co. Inc. now owns 82,311 shares of the software giant’s stock valued at $40,942,000 after buying an additional 1,808 shares in the last quarter. New Insight Wealth Advisors raised its stake in Microsoft by 1.5% during the 2nd quarter. New Insight Wealth Advisors now owns 10,721 shares of the software giant’s stock worth $5,333,000 after buying an additional 163 shares during the period. Finally, Falcon Wealth Planning boosted its holdings in Microsoft by 6.5% in the second quarter. Falcon Wealth Planning now owns 12,210 shares of the software giant’s stock worth $6,073,000 after acquiring an additional 745 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Microsoft
In other Microsoft news, EVP Takeshi Numoto sold 4,850 shares of the business’s stock in a transaction 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 sale, the executive vice president directly owned 39,111 shares in the company, valued at $20,624,012.52. The trade was a 11.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Satya Nadella sold 149,205 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $504.78, for a total value of $75,315,699.90. Following the completion of the sale, the chief executive officer owned 790,852 shares in the company, valued at $399,206,272.56. This represents a 15.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.03% of the company’s stock.
Microsoft Trading Down 2.2%
Microsoft (NASDAQ:MSFT – Get Free Report) last posted its earnings results 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 net margin of 36.15% and a return on equity of 32.44%. The firm had revenue of $76.44 billion for the quarter, compared to analysts’ expectations of $73.79 billion. During the same quarter last year, the firm earned $2.95 EPS. The company’s quarterly revenue was up 18.1% compared to the same quarter last year. Microsoft has set its Q1 2026 guidance at EPS. Research analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current fiscal year.
Microsoft Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be paid a $0.91 dividend. This is a boost from Microsoft’s previous quarterly dividend of $0.83. The ex-dividend date is Thursday, November 20th. This represents a $3.64 dividend on an annualized basis and a yield of 0.7%. Microsoft’s dividend payout ratio is currently 24.34%.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on MSFT shares. Wells Fargo & Company boosted their price objective on Microsoft from $650.00 to $675.00 and gave the company an “overweight” rating in a report on Monday, October 6th. BMO Capital Markets upped their price objective on shares of Microsoft from $550.00 to $650.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Citigroup lifted their price objective on shares of Microsoft from $605.00 to $613.00 and gave the company a “buy” rating in a report on Tuesday, July 22nd. KeyCorp raised shares of Microsoft from a “sector weight” rating to an “overweight” rating and set a $630.00 target price for the company in a research report on Thursday, July 31st. Finally, Jefferies Financial Group raised their price target on shares of Microsoft from $600.00 to $675.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $618.47.
View Our Latest Stock Report on Microsoft
About Microsoft
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.
Recommended Stories
- Five stocks we like better than Microsoft
- 5 Top Rated Dividend Stocks to Consider
- Bassett Furniture: Buy Now, Sit Back, and Collect Dividends
- Health Care Stocks Explained: Why You Might Want to Invest
- AST SpaceMobile’s Big Win: Shares Soar on New Deal With Verizon
- Canadian Penny Stocks: Can They Make You Rich?
- Catch the Next Bitcoin Rally With These 3 ETFs
Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Corporation (NASDAQ:MSFT – Free Report).
Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.