Hohimer Wealth Management LLC Purchases 7,924 Shares of Microsoft Corporation $MSFT

Hohimer Wealth Management LLC lifted its position in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 9.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 88,678 shares of the software giant's stock after purchasing an additional 7,924 shares during the period. Microsoft comprises about 6.5% of Hohimer Wealth Management LLC's holdings, making the stock its largest position. Hohimer Wealth Management LLC's holdings in Microsoft were worth $33,289,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fosun International Ltd raised its holdings in Microsoft by 0.3% in the 1st quarter. Fosun International Ltd now owns 6,633 shares of the software giant's stock valued at $2,490,000 after acquiring an additional 23 shares during the last quarter. Alliance Wealth Management Group boosted its position in Microsoft by 0.4% during the 4th quarter. Alliance Wealth Management Group now owns 5,617 shares of the software giant's stock worth $2,368,000 after purchasing an additional 25 shares during the period. Guidance Point Advisors LLC boosted its position in Microsoft by 0.6% during the 4th quarter. Guidance Point Advisors LLC now owns 4,294 shares of the software giant's stock worth $1,811,000 after purchasing an additional 25 shares during the period. Life Planning Partners Inc boosted its position in Microsoft by 5.1% during the 4th quarter. Life Planning Partners Inc now owns 540 shares of the software giant's stock worth $228,000 after purchasing an additional 26 shares during the period. Finally, Core Wealth Advisors Inc. boosted its position in Microsoft by 1.5% during the 4th quarter. Core Wealth Advisors Inc. now owns 1,856 shares of the software giant's stock worth $782,000 after purchasing an additional 27 shares during the period. Institutional investors and hedge funds own 71.13% of the company's stock.

Microsoft Price Performance

NASDAQ MSFT opened at $506.69 on Friday. 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 firm has a market capitalization of $3.77 trillion, a PE ratio of 37.15, a P/E/G ratio of 2.23 and a beta of 1.06. The company's 50 day simple moving average is $508.77 and its 200 day simple moving average is $447.33.

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

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be paid a $0.83 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a yield of 0.7%. Microsoft's dividend payout ratio (DPR) is currently 24.34%.

Insider Buying and Selling

In related news, EVP Takeshi Numoto sold 4,850 shares of the firm's stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $527.32, for a total value of $2,557,502.00. Following the completion of the transaction, the executive vice president owned 39,111 shares of the company's stock, valued at approximately $20,624,012.52. This trade represents a 11.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.03% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Piper Sandler upped their price target on shares of Microsoft from $600.00 to $650.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. DA Davidson upped their price objective on shares of Microsoft from $600.00 to $650.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. UBS Group reissued a "buy" rating and issued a $650.00 price objective (up from $600.00) on shares of Microsoft in a research report on Thursday, July 31st. Morgan Stanley upped their price objective on shares of Microsoft from $530.00 to $582.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. Finally, Westpark Capital reissued a "hold" rating on shares of Microsoft in a research report on Thursday, July 31st. One 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 MarketBeat, the stock currently 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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