Harbour Investment Management LLC Sells 993 Shares of Microsoft Corporation $MSFT

Harbour Investment Management LLC decreased its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 1.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 60,546 shares of the software giant's stock after selling 993 shares during the quarter. Microsoft accounts for approximately 10.3% of Harbour Investment Management LLC's investment portfolio, making the stock its largest position. Harbour Investment Management LLC's holdings in Microsoft were worth $22,728,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. WFA Asset Management Corp boosted its holdings in shares of Microsoft by 27.0% during the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock valued at $427,000 after acquiring an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. increased its holdings in Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock worth $5,658,000 after purchasing an additional 38 shares in the last quarter. Discipline Wealth Solutions LLC raised its position in Microsoft by 410.4% in the third quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock valued at $1,144,000 after purchasing an additional 2,138 shares during the last quarter. Wealth Group Ltd. boosted its stake in shares of Microsoft by 1.2% during the fourth quarter. Wealth Group Ltd. now owns 2,374 shares of the software giant's stock valued at $1,000,000 after purchasing an additional 28 shares in the last quarter. Finally, Tallon Kerry Patrick bought a new stake in shares of Microsoft during the fourth quarter worth about $1,375,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on MSFT. Raymond James Financial raised their price objective on shares of Microsoft from $490.00 to $570.00 and gave the company an "outperform" rating in a report on Monday, July 28th. Loop Capital raised their price target on shares of Microsoft from $550.00 to $600.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Oppenheimer lifted their price target on shares of Microsoft from $600.00 to $630.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. The Goldman Sachs Group increased their price objective on Microsoft from $480.00 to $550.00 and gave the company a "buy" rating in a report on Wednesday, May 21st. Finally, Barclays lifted their target price on Microsoft from $550.00 to $625.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Microsoft presently has an average rating of "Moderate Buy" and a consensus target price of $612.54.

Insider Buying and Selling

In related 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 transaction, the executive vice president directly owned 39,111 shares of the company's stock, valued at approximately $20,624,012.52. This represents a 11.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders sold 8,850 shares of company stock valued at $4,406,512. Insiders own 0.03% of the company's stock.

Microsoft Stock Performance

Shares of MSFT stock opened at $507.23 on Friday. The firm has a 50 day moving average of $506.08 and a 200-day moving average of $444.32. The company has a market cap of $3.77 trillion, a price-to-earnings ratio of 37.19, a price-to-earnings-growth ratio of 2.22 and a beta of 1.06. 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.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its 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 business 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%. Microsoft's revenue was up 18.1% on a year-over-year basis. During the same period in the prior year, the firm earned $2.95 earnings per share. Microsoft has set its Q1 2026 guidance at EPS. On average, equities analysts forecast that Microsoft Corporation will post 13.08 earnings per share for the current 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 paid a $0.83 dividend. The ex-dividend date 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%.

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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