Evanson Asset Management LLC Acquires 1,075 Shares of Microsoft Corporation $MSFT

Key Points

• Evanson Asset Management LLC increased its holdings in Microsoft Corporation by 3.9% during the second quarter, acquiring an additional 1,075 shares, which brings its total to 28,397 shares valued at approximately $14.1 million.
• CEO Satya Nadella sold 149,205 shares at an average price of $504.78, resulting in a decrease of 15.87% in his ownership of Microsoft stock.
• Microsoft recently declared a quarterly dividend of $0.91, an increase from the previous $0.83, with an upcoming ex-dividend date on November 20th.

Evanson Asset Management LLC grew its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 3.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,397 shares of the software giant's stock after purchasing an additional 1,075 shares during the quarter. Microsoft comprises about 0.9% of Evanson Asset Management LLC's investment portfolio, making the stock its 24th biggest position. Evanson Asset Management LLC's holdings in Microsoft were worth $14,125,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of MSFT. Kingstone Capital Partners Texas LLC grew its stake in Microsoft by 564,387.1% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 90,549,369 shares of the software giant's stock valued at $45,040,162,000 after buying an additional 90,533,328 shares during the last quarter. Nuveen LLC acquired a new position in Microsoft in the 1st quarter valued at $18,733,827,000. GAMMA Investing LLC grew its stake in Microsoft by 40,290.4% in the 1st quarter. GAMMA Investing LLC now owns 46,695,303 shares of the software giant's stock valued at $17,528,950,000 after buying an additional 46,579,693 shares during the last quarter. Northern Trust Corp grew its stake in Microsoft by 16.1% in the 4th quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant's stock valued at $35,316,535,000 after buying an additional 11,600,470 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in Microsoft by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 691,386,214 shares of the software giant's stock valued at $259,539,471,000 after buying an additional 7,314,509 shares during the last quarter. Institutional investors own 71.13% of the company's stock.

Insider Transactions at Microsoft

In other Microsoft news, 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 transaction, the chief executive officer directly owned 790,852 shares in the company, valued at $399,206,272.56. The trade was a 15.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 transaction of $2,557,502.00. Following the completion of the transaction, the executive vice president owned 39,111 shares in the company, valued at approximately $20,624,012.52. This trade represents a 11.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.03% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

MSFT has been the topic of a number of research analyst reports. Citigroup raised their target price on shares of Microsoft from $605.00 to $613.00 and gave the company a "buy" rating in a research note on Tuesday, July 22nd. Truist Financial raised their price target 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. Wedbush raised their price target on shares of Microsoft from $600.00 to $625.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Bank of America raised their price target on shares of Microsoft from $585.00 to $640.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Finally, TD Cowen raised their price target on shares of Microsoft from $580.00 to $640.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $618.47.

Microsoft Price Performance

Shares of Microsoft stock opened at $523.98 on Wednesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.35 and a current ratio of 1.35. The firm's 50-day simple moving average is $513.38 and its 200-day simple moving average is $469.08. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $555.45. The firm has a market cap of $3.89 trillion, a P/E ratio of 38.41, a price-to-earnings-growth ratio of 2.30 and a beta of 1.03.

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

Microsoft Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 0.7%. This is a boost from Microsoft's previous quarterly dividend of $0.83. The ex-dividend date is Thursday, November 20th. Microsoft's dividend payout ratio (DPR) is presently 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.

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