Adell Harriman & Carpenter Inc. Purchases 779 Shares of Microsoft Corporation $MSFT

Key Points

• Adell Harriman & Carpenter Inc. increased its stake in Microsoft Corporation by 0.5%, owning a total of 154,457 shares valued at approximately $57.98 million, making it the firm's fourth largest position.
• Several analysts have raised their price targets on Microsoft, with TD Securities increasing it from $475 to $490, while Jefferies Financial Group set a new target at $675, indicating strong investor confidence.
• Microsoft's quarterly dividend of $0.83 is set to be paid on September 11th, reflecting a 24.34% dividend payout ratio and a yield of 0.7% for stockholders of record on August 21st.

Adell Harriman & Carpenter Inc. grew its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 0.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 154,457 shares of the software giant's stock after purchasing an additional 779 shares during the period. Microsoft makes up 4.4% of Adell Harriman & Carpenter Inc.'s holdings, making the stock its 4th largest position. Adell Harriman & Carpenter Inc.'s holdings in Microsoft were worth $57,982,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Brady Martz Wealth Solutions LLC increased its holdings in shares of Microsoft by 1.4% in the first quarter. Brady Martz Wealth Solutions LLC now owns 6,650 shares of the software giant's stock valued at $2,496,000 after purchasing an additional 95 shares during the period. Mcdaniel Terry & Co. increased its holdings in shares of Microsoft by 6.1% in the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock valued at $133,023,000 after purchasing an additional 18,052 shares during the period. Strategic Financial Services Inc. increased its holdings in shares of Microsoft by 7.8% in the fourth quarter. Strategic Financial Services Inc. now owns 17,426 shares of the software giant's stock valued at $7,345,000 after purchasing an additional 1,268 shares during the period. Elevate Wealth Advisory Inc. increased its holdings in shares of Microsoft by 147.9% in the fourth quarter. Elevate Wealth Advisory Inc. now owns 1,748 shares of the software giant's stock valued at $737,000 after purchasing an additional 1,043 shares during the period. Finally, Intellus Advisors LLC acquired a new position in shares of Microsoft in the fourth quarter valued at about $16,075,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on MSFT shares. TD Securities upped their target price on Microsoft from $475.00 to $490.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Bank of America upped their target price on Microsoft from $585.00 to $640.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Morgan Stanley upped their target price on Microsoft from $530.00 to $582.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Jefferies Financial Group upped their target price on Microsoft from $600.00 to $675.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Finally, Loop Capital upped their target price on Microsoft from $550.00 to $600.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $612.54.

Insider Buying and Selling at Microsoft

In other news, EVP Takeshi Numoto sold 4,850 shares of the firm's 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 transaction, the executive vice president owned 39,111 shares in the company, valued at $20,624,012.52. This trade represents a 11.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders sold a total of 8,850 shares of company stock valued at $4,406,512 in the last quarter. Company insiders own 0.03% of the company's stock.

Microsoft Stock Performance

Shares of MSFT stock opened at $505.72 on Thursday. The company has a market capitalization of $3.76 trillion, a P/E ratio of 37.08, a P/E/G ratio of 2.23 and a beta of 1.06. The business's 50 day moving average is $504.93 and its two-hundred day moving average is $442.81. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.12. Microsoft Corporation has a 12-month low of $344.79 and a 12-month high of $555.45.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share for the quarter, beating the consensus estimate of $3.35 by $0.30. The business had revenue of $76.44 billion for the quarter, compared to the consensus estimate of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.The business's quarterly revenue was up 18.1% compared to the same quarter last year. During the same quarter last year, the business posted $2.95 earnings per share. Microsoft has set its Q1 2026 guidance at EPS. Analysts expect that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be given a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, August 21st. Microsoft's dividend payout ratio (DPR) is 24.34%.

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.

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