Microsoft Corporation $MSFT Stake Reduced by Allegiance Financial Group Advisory Services LLC

Key Points

• Allegiance Financial Group Advisory Services LLC reduced its stake in Microsoft Corporation by 6.0%, now holding 38,210 shares worth approximately $14.34 million.
• Microsoft reported Q2 earnings of $3.65 per share, surpassing analysts' estimates of $3.35, and achieving a net revenue of $76.44 billion for the quarter, which is an 18.1% increase year-over-year.
• The company declared a quarterly dividend of $0.83, with a projected annualized dividend of $3.32, representing a yield of 0.7%.

Allegiance Financial Group Advisory Services LLC reduced its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 6.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 38,210 shares of the software giant's stock after selling 2,420 shares during the period. Microsoft accounts for approximately 4.4% of Allegiance Financial Group Advisory Services LLC's investment portfolio, making the stock its 8th biggest holding. Allegiance Financial Group Advisory Services LLC's holdings in Microsoft were worth $14,344,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Newton One Investments LLC boosted its holdings in shares of Microsoft by 66.7% during the 1st quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock worth $28,000 after buying an additional 30 shares in the last quarter. Ball & Co Wealth Management Inc. acquired a new position in shares of Microsoft during the 4th quarter valued at $31,000. LSV Asset Management bought a new position in Microsoft during the fourth quarter worth $44,000. IFS Advisors LLC grew its holdings in Microsoft by 50.0% in the first quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock worth $57,000 after purchasing an additional 50 shares during the period. Finally, Fairway Wealth LLC bought a new stake in Microsoft in the fourth quarter valued at $62,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Takeshi Numoto sold 4,850 shares of Microsoft stock in a transaction on 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 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.03% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on MSFT shares. Truist Financial increased their price objective on shares of Microsoft from $650.00 to $675.00 and gave the stock a "buy" rating in a research report on Monday, August 18th. Wall Street Zen upgraded Microsoft from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Morgan Stanley boosted their price objective on Microsoft from $530.00 to $582.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. DA Davidson upped their target price on Microsoft from $600.00 to $650.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Finally, Royal Bank Of Canada increased their target price on Microsoft from $525.00 to $640.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $612.54.

Microsoft Price Performance

Shares of Microsoft stock traded down $3.76 during trading on Tuesday, hitting $502.93. 8,824,988 shares of the stock traded hands, compared to its average volume of 22,215,672. The stock has a market cap of $3.74 trillion, a price-to-earnings ratio of 36.87, a PEG ratio of 2.21 and a beta of 1.04. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.12. Microsoft Corporation has a 52 week low of $344.79 and a 52 week high of $555.45. The firm's fifty day moving average is $509.18 and its 200-day moving average is $448.54.

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, topping analysts' consensus estimates 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 the consensus estimate of $73.79 billion. During the same quarter in the previous year, the company posted $2.95 EPS. Microsoft'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 expect that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

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

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.