Everpar Advisors LLC Has $10.19 Million Stake in Microsoft Corporation $MSFT

Key Points

• Everpar Advisors LLC increased its stake in Microsoft Corporation by 10.8%, bringing its total holdings to $10.19 million, which constitutes approximately 4.6% of the firm's total investments.
• Microsoft recently declared a quarterly dividend of $0.91 per share, effective December 11, 2023, which is an increase from the previous dividend of $0.83, reflecting a 0.7% annual yield.
• The company reported strong earnings for its last quarter, with $3.65 EPS exceeding estimates and a revenue of $76.44 billion, up 18.1% compared to the previous year.

Everpar Advisors LLC increased its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 10.8% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 20,483 shares of the software giant's stock after purchasing an additional 1,999 shares during the period. Microsoft accounts for approximately 4.6% of Everpar Advisors LLC's holdings, making the stock its largest position. Everpar Advisors LLC's holdings in Microsoft were worth $10,189,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Newton One Investments LLC grew its holdings in Microsoft by 66.7% during the first quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock worth $28,000 after purchasing an additional 30 shares during the period. Ball & Co Wealth Management Inc. bought a new position in Microsoft during the fourth quarter worth about $31,000. LSV Asset Management bought a new position in Microsoft during the fourth quarter worth about $44,000. IFS Advisors LLC grew its holdings in Microsoft by 50.0% during 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, ROSS JOHNSON & Associates LLC grew its holdings in Microsoft by 155.7% during the first quarter. ROSS JOHNSON & Associates LLC now owns 156 shares of the software giant's stock worth $59,000 after purchasing an additional 95 shares during the period. Institutional investors own 71.13% of the company's stock.

Microsoft Stock Up 1.9%

Shares of NASDAQ:MSFT opened at $517.93 on Monday. The company has a fifty day moving average of $511.71 and a 200-day moving average of $458.74. The company has a market capitalization of $3.85 trillion, a PE ratio of 37.97, a price-to-earnings-growth ratio of 2.26 and a beta of 1.04. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.35 and a current ratio of 1.35. Microsoft Corporation has a 52-week low of $344.79 and a 52-week high of $555.45.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.35 by $0.30. The company had revenue of $76.44 billion during the quarter, compared to the consensus estimate 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 prior year, the business earned $2.95 earnings per share. Microsoft has set its Q1 2026 guidance at EPS. On average, equities analysts predict that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend 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 currently 24.34%.

Insider Buying and Selling at Microsoft

In other news, EVP Takeshi Numoto sold 4,850 shares of the company's stock in a transaction on 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 directly owned 39,111 shares in the company, valued at approximately $20,624,012.52. This represents a 11.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Satya Nadella sold 149,205 shares of the company's stock in a transaction 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 transaction, the chief executive officer owned 790,852 shares of the company's stock, valued at $399,206,272.56. This trade represents a 15.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.03% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on MSFT. Piper Sandler boosted their price objective on Microsoft from $600.00 to $650.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. DA Davidson boosted their price objective on Microsoft from $600.00 to $650.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Citigroup boosted their price objective on Microsoft from $605.00 to $613.00 and gave the stock a "buy" rating in a report on Tuesday, July 22nd. Royal Bank Of Canada boosted their price objective on Microsoft from $525.00 to $640.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Finally, Jefferies Financial Group boosted their price objective on Microsoft from $600.00 to $675.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $612.54.

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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