Creekmur Asset Management LLC Buys 689 Shares of Microsoft Corporation $MSFT

Key Points

• Creekmur Asset Management LLC increased its holdings in Microsoft Corporation by 9.4% in the first quarter, acquiring an additional 689 shares.
• Recent analyst upgrades have raised Microsoft's price targets significantly, with Loop Capital setting a new target of $600 and Scotiabank raising it to $650.
• Microsoft announced a quarterly dividend of $0.83 per share, representing an annual yield of 0.7%, with the dividend payout date set for September 11th.

Creekmur Asset Management LLC grew its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 9.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,032 shares of the software giant's stock after acquiring an additional 689 shares during the quarter. Microsoft comprises approximately 0.6% of Creekmur Asset Management LLC's portfolio, making the stock its 22nd biggest position. Creekmur Asset Management LLC's holdings in Microsoft were worth $3,015,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Brady Martz Wealth Solutions LLC increased its holdings in Microsoft by 1.4% in the 1st quarter. Brady Martz Wealth Solutions LLC now owns 6,650 shares of the software giant's stock worth $2,496,000 after buying an additional 95 shares in the last quarter. Strategic Financial Services Inc. increased its holdings in Microsoft by 7.8% in the 4th quarter. Strategic Financial Services Inc. now owns 17,426 shares of the software giant's stock worth $7,345,000 after buying an additional 1,268 shares in the last quarter. Elevate Wealth Advisory Inc. increased its holdings in Microsoft by 147.9% in the 4th quarter. Elevate Wealth Advisory Inc. now owns 1,748 shares of the software giant's stock worth $737,000 after buying an additional 1,043 shares in the last quarter. Intellus Advisors LLC bought a new stake in Microsoft in the 4th quarter worth about $16,075,000. Finally, Meridian Wealth Advisors LLC increased its holdings in Microsoft by 3.8% in the 4th quarter. Meridian Wealth Advisors LLC now owns 54,910 shares of the software giant's stock worth $23,144,000 after buying an additional 2,014 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

MSFT has been the subject of several research analyst reports. Truist Financial lifted their price objective on Microsoft from $650.00 to $675.00 and gave the stock a "buy" rating in a report on Monday, August 18th. Stifel Nicolaus boosted their price target on Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a research note on Monday, July 28th. Oppenheimer boosted their price target on Microsoft from $600.00 to $630.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Raymond James Financial boosted their price target on Microsoft from $490.00 to $570.00 and gave the company an "outperform" rating in a research note on Monday, July 28th. Finally, Citigroup boosted their price target on Microsoft from $605.00 to $613.00 and gave the company a "buy" rating in a research note on Tuesday, July 22nd. 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 data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $612.54.

Insider Activity

In other news, EVP Takeshi Numoto sold 4,850 shares of the company'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 transaction of $2,557,502.00. Following the sale, the executive vice president directly owned 39,111 shares of the company's stock, valued at $20,624,012.52. This represents a 11.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is owned by company insiders.

Microsoft Stock Performance

Shares of MSFT stock traded up $0.79 during trading hours on Wednesday, reaching $505.91. 2,262,466 shares of the company traded hands, compared to its average volume of 22,154,641. Microsoft Corporation has a 12-month low of $344.79 and a 12-month high of $555.45. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35. The company has a market cap of $3.76 trillion, a P/E ratio of 37.06, a P/E/G ratio of 2.21 and a beta of 1.04. The firm has a 50-day moving average price of $509.48 and a 200 day moving average price of $448.93.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The software giant reported $3.65 EPS for the quarter, topping analysts' consensus estimates of $3.35 by $0.30. The company had revenue of $76.44 billion for the quarter, compared to analysts' expectations of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.The firm's revenue was up 18.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.95 EPS. Microsoft has set its Q1 2026 guidance at EPS. As a group, sell-side analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

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