Hoey Investments Inc. Sells 9,254 Shares of Microsoft Corporation $MSFT

Key Points

• Hoey Investments Inc. reduced its Microsoft stake by 7.6% in the first quarter, selling 9,254 shares and leaving it with 111,911 shares worth about $41.4 million. Microsoft still makes up 6.0% of the firm’s portfolio and remains its fourth-largest holding.
• Microsoft recently reported better-than-expected quarterly results, with EPS of $4.27 and revenue of $82.89 billion, both above estimates. Revenue rose 18.3% year over year, and analysts now expect 16.71 EPS for the current fiscal year.
• The stock continues to draw mixed but generally positive attention: Microsoft announced a quarterly dividend of $0.91 per share and maintains a “Moderate Buy” consensus rating, though some analysts have trimmed price targets. Recent news also highlights its expanded AMD partnership for Azure AI infrastructure and an upcoming earnings report focused on Azure, AI spending, and Copilot adoption.

Hoey Investments Inc. lessened its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 7.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 111,911 shares of the software giant's stock after selling 9,254 shares during the period. Microsoft makes up 6.0% of Hoey Investments Inc.'s portfolio, making the stock its 4th biggest position. Hoey Investments Inc.'s holdings in Microsoft were worth $41,426,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Longfellow Investment Management Co. LLC boosted its stake in Microsoft by 51.3% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 59 shares of the software giant's stock valued at $29,000 after buying an additional 20 shares in the last quarter. Bernzott Capital Advisors acquired a new position in Microsoft during the fourth quarter worth $34,000. Timmons Wealth Management LLC bought a new position in shares of Microsoft during the fourth quarter valued at $36,000. Fairway Wealth LLC boosted its stake in shares of Microsoft by 287.0% in the 4th quarter. Fairway Wealth LLC now owns 89 shares of the software giant's stock valued at $43,000 after purchasing an additional 66 shares in the last quarter. Finally, LSV Asset Management acquired a new stake in shares of Microsoft in the 4th quarter valued at $44,000. Institutional investors own 71.13% of the company's stock.

Microsoft Stock Performance

Shares of Microsoft stock opened at $402.29 on Tuesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.28 and a quick ratio of 1.27. The firm has a 50 day simple moving average of $400.07 and a 200 day simple moving average of $410.17. Microsoft Corporation has a fifty-two week low of $349.20 and a fifty-two week high of $555.45. The firm has a market cap of $2.99 trillion, a P/E ratio of 23.95, a P/E/G ratio of 1.19 and a beta of 1.13.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The software giant reported $4.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.06 by $0.21. The firm had revenue of $82.89 billion for the quarter, compared to the consensus estimate of $81.44 billion. Microsoft had a return on equity of 31.94% and a net margin of 39.34%.The business's revenue for the quarter was up 18.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.46 EPS. Sell-side analysts predict that Microsoft Corporation will post 16.71 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a dividend of $0.91 per share. The ex-dividend date is Thursday, August 20th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. Microsoft's payout ratio is presently 21.67%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on MSFT. Barclays reiterated an "overweight" rating on shares of Microsoft in a research report on Wednesday, June 3rd. Mizuho reduced their price target on shares of Microsoft from $515.00 to $490.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 15th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Microsoft in a research note on Thursday, April 30th. Sanford C. Bernstein lowered shares of Microsoft from an "outperform" rating to a "hold" rating in a report on Monday, July 6th. Finally, Arete Research lifted their target price on shares of Microsoft from $730.00 to $870.00 and gave the company a "buy" rating in a research note on Tuesday, May 5th. Forty-two equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $557.46.

Microsoft News Roundup

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Microsoft announced an expanded strategic partnership with AMD to deploy Helios systems across Azure, reinforcing its AI infrastructure buildout and giving the stock a near-term boost. Microsoft expands AMD partnership with Helios AI infrastructure deployment on Azure
• Positive Sentiment: Analysts and commentators are framing Microsoft as attractively valued ahead of earnings, with some highlighting upside from Azure growth, AI execution, and Copilot adoption if management delivers strong commentary. Microsoft Stock Price Offers ‘Attractive Entry Point,’ Says Deutsche Bank Ahead of Q2 Earnings
• Neutral Sentiment: Microsoft is approaching fiscal Q4 earnings on July 29, and investors are watching for updates on Azure growth, AI spending, and whether Copilot is gaining traction. Microsoft earnings to spotlight Azure growth, AI spending
• Negative Sentiment: Sentiment is also being weighed down by a new securities-fraud lawsuit tied to prior AI/Copilot disclosures, which could add legal and reputational overhang ahead of earnings. MSFT Investors Have Opportunity to Lead Microsoft Corporation Securities Fraud Lawsuit

Insider Activity

In other Microsoft news, CEO Judson Althoff sold 15,500 shares of the business's stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $460.99, for a total transaction of $7,145,345.00. Following the completion of the sale, the chief executive officer directly owned 110,477 shares of the company's stock, valued at approximately $50,928,792.23. The trade was a 12.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Takeshi Numoto sold 4,500 shares of the business's stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $402.84, for a total value of $1,812,780.00. Following the sale, the executive vice president directly owned 47,468 shares of the company's stock, valued at $19,122,009.12. This represents a 8.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 23,762 shares of company stock valued at $10,508,361 over the last 90 days. 0.03% of the stock is owned by company insiders.

Microsoft Company Profile

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft's product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

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