Horizon Financial Services LLC Has $29.31 Million Stock Position in Microsoft Corporation $MSFT

Key Points

• Horizon Financial Services LLC increased its holdings in Microsoft Corporation by an astonishing 47,510.4%, now owning 78,081 shares valued at approximately $29.31 million.
• Microsoft reported earnings of $3.65 per share, surpassing analysts' estimates, with quarterly revenue reaching $76.44 billion, an 18.1% increase year-over-year.
• The company has announced a quarterly dividend of $0.83 per share, with an annualized yield of 0.6%, set to be paid on September 11th.

Horizon Financial Services LLC lifted its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 47,510.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,081 shares of the software giant's stock after buying an additional 77,917 shares during the quarter. Horizon Financial Services LLC's holdings in Microsoft were worth $29,311,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Brady Martz Wealth Solutions LLC boosted its stake in shares of Microsoft by 1.4% in the 1st quarter. Brady Martz Wealth Solutions LLC now owns 6,650 shares of the software giant's stock valued at $2,496,000 after purchasing an additional 95 shares in the last quarter. Mcdaniel Terry & Co. boosted its stake in shares of Microsoft by 6.1% in the 4th quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock valued at $133,023,000 after purchasing an additional 18,052 shares in the last quarter. Strategic Financial Services Inc. boosted its stake in shares of Microsoft by 7.8% in the 4th quarter. Strategic Financial Services Inc. now owns 17,426 shares of the software giant's stock valued at $7,345,000 after purchasing an additional 1,268 shares in the last quarter. Elevate Wealth Advisory Inc. boosted its stake in shares of Microsoft by 147.9% in the 4th quarter. Elevate Wealth Advisory Inc. now owns 1,748 shares of the software giant's stock valued at $737,000 after purchasing an additional 1,043 shares in the last quarter. Finally, Intellus Advisors LLC acquired a new stake in shares of Microsoft in the 4th quarter valued at $16,075,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on MSFT shares. Sanford C. Bernstein upped their price target on shares of Microsoft from $540.00 to $637.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Truist Financial set a $675.00 price objective on Microsoft and gave the stock a "buy" rating in a report on Monday. Wedbush boosted their price objective on Microsoft from $600.00 to $625.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Loop Capital boosted their price objective on Microsoft from $550.00 to $600.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Finally, KeyCorp raised Microsoft from a "sector weight" rating to an "overweight" rating and set a $630.00 price objective for the company in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $612.54.

Microsoft Stock Down 1.4%

NASDAQ:MSFT traded down $7.4250 during trading hours on Tuesday, reaching $509.6750. 12,654,787 shares of the stock were exchanged, compared to its average volume of 22,237,453. Microsoft Corporation has a twelve month low of $344.79 and a twelve 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 50 day moving average of $503.49 and a 200 day moving average of $441.90. The stock has a market cap of $3.79 trillion, a PE ratio of 37.38, a PEG ratio of 2.28 and a beta of 1.06.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The software giant reported $3.65 EPS for the quarter, beating 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 return on equity of 32.44% and a net margin of 36.15%.The firm's revenue for the quarter was up 18.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.95 EPS. Microsoft has set its Q1 2026 guidance at EPS. On average, equities analysts expect that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

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

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Kathleen T. Hogan sold 21,500 shares of the stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $453.77, for a total transaction of $9,756,055.00. Following the transaction, the executive vice president owned 134,888 shares in the company, valued at $61,208,127.76. This trade represents a 13.75% decrease in their position. 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 stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $527.32, for a total value of $2,557,502.00. Following the transaction, the executive vice president owned 39,111 shares in the company, valued at $20,624,012.52. The trade was a 11.03% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 30,350 shares of company stock worth $14,162,567 in the last quarter. Company insiders own 0.03% of the company's stock.

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.