Ergawealth Advisors Inc. raised its stake in Microsoft Corporation (NASDAQ:MSFT – Free Report) by 7.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 793 shares of the software giant’s stock after purchasing an additional 52 shares during the period. Ergawealth Advisors Inc.’s holdings in Microsoft were worth $394,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of the stock. BridgePort Financial Solutions LLC boosted its holdings in Microsoft by 2.2% in the 2nd quarter. BridgePort Financial Solutions LLC now owns 11,805 shares of the software giant’s stock valued at $5,872,000 after purchasing an additional 250 shares during the period. Bay Harbor Wealth Management LLC boosted its holdings in Microsoft by 26.6% in the 2nd quarter. Bay Harbor Wealth Management LLC now owns 1,157 shares of the software giant’s stock valued at $576,000 after purchasing an additional 243 shares during the period. Talbot Financial LLC boosted its holdings in Microsoft by 15.6% in the 2nd quarter. Talbot Financial LLC now owns 239,478 shares of the software giant’s stock valued at $119,119,000 after purchasing an additional 32,311 shares during the period. Accel Wealth Management boosted its holdings in Microsoft by 2.1% in the 2nd quarter. Accel Wealth Management now owns 9,733 shares of the software giant’s stock valued at $4,841,000 after purchasing an additional 203 shares during the period. Finally, Signature Wealth Management Partners LLC boosted its holdings in Microsoft by 0.8% in the 2nd quarter. Signature Wealth Management Partners LLC now owns 9,433 shares of the software giant’s stock valued at $4,692,000 after purchasing an additional 73 shares during the period. 71.13% of the stock is owned by institutional investors.
Insider Transactions at Microsoft
In other Microsoft news, EVP Takeshi Numoto sold 4,850 shares of the business’s stock in a transaction dated Tuesday, August 12th. The shares were 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 of the company’s stock, valued at approximately $20,624,012.52. The trade was 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 hyperlink. Also, CEO Satya Nadella sold 149,205 shares of Microsoft stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $504.78, for a total transaction of $75,315,699.90. Following the sale, the chief executive officer owned 790,852 shares of the company’s stock, valued at approximately $399,206,272.56. This represents a 15.87% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.03% of the company’s stock.
Microsoft Trading Up 0.6%
Microsoft (NASDAQ:MSFT – Get Free Report) last announced its earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share for the quarter, topping analysts’ consensus estimates of $3.35 by $0.30. Microsoft had a net margin of 36.15% and a return on equity of 32.44%. The company had revenue of $76.44 billion during the quarter, compared to the consensus estimate of $73.79 billion. During the same period in the previous year, the firm posted $2.95 earnings per share. The company’s revenue was up 18.1% on a year-over-year basis. Microsoft has set its Q1 2026 guidance at EPS. As a group, equities analysts expect that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.
Microsoft Increases Dividend
The business also recently announced 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. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, November 20th. Microsoft’s payout ratio is presently 24.34%.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on MSFT. Barclays reissued an “overweight” rating and issued a $625.00 price target on shares of Microsoft in a report on Friday, August 29th. Sanford C. Bernstein lifted their target price on shares of Microsoft from $540.00 to $637.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Oppenheimer lifted their target price on shares of Microsoft from $600.00 to $630.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Wedbush reiterated an “outperform” rating and set a $625.00 target price on shares of Microsoft in a research report on Wednesday. Finally, Redburn Partners set a $560.00 target price on shares of Microsoft in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and a consensus target price of $617.44.
Check Out Our Latest Stock Report on MSFT
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.
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