IronOak Wealth LLC. Invests $2.32 Million in Microsoft Corporation $MSFT

Key Points

• IronOak Wealth LLC recently invested approximately $2.32 million in Microsoft, acquiring 4,671 shares that now represent about 2.3% of its investment portfolio.
• Microsoft announced an increase in its quarterly dividend from $0.83 to $0.91 per share, with the dividend yield set at 0.7% and an ex-dividend date of November 20th.
• Several analysts have revised their price targets for Microsoft, with BMO Capital Markets setting a new target of $650.00, emphasizing a strong outlook on the stock.

IronOak Wealth LLC. bought a new position in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 4,671 shares of the software giant's stock, valued at approximately $2,323,000. Microsoft accounts for approximately 2.3% of IronOak Wealth LLC.'s investment portfolio, making the stock its 11th largest holding.

Other large investors have also added to or reduced their stakes in the company. Newton One Investments LLC boosted its holdings in shares of Microsoft by 66.7% in the 1st quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock valued at $28,000 after purchasing an additional 30 shares in the last quarter. Ball & Co Wealth Management Inc. acquired a new stake in shares of Microsoft during the 4th quarter valued at $31,000. Bulwark Capital Corp acquired a new stake in shares of Microsoft during the 2nd quarter valued at $32,000. Westend Capital Management LLC boosted its holdings in shares of Microsoft by 386.7% during the 2nd quarter. Westend Capital Management LLC now owns 73 shares of the software giant's stock valued at $36,000 after acquiring an additional 58 shares in the last quarter. Finally, LSV Asset Management acquired a new stake in shares of Microsoft during the 4th quarter valued at $44,000. Institutional investors and hedge funds own 71.13% of the company's stock.

Insider Transactions at Microsoft

In other news, EVP Takeshi Numoto sold 4,850 shares of the stock in a transaction dated 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 sale, 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Satya Nadella sold 149,205 shares of the stock in a transaction dated 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 sale, the chief executive officer owned 790,852 shares of the company's stock, valued at approximately $399,206,272.56. This represents a 15.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.03% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on MSFT shares. Stifel Nicolaus raised their target price on Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a research report on Monday, July 28th. Cantor Fitzgerald lifted their price target on Microsoft from $581.00 to $639.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. BMO Capital Markets boosted their target price on Microsoft from $550.00 to $650.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. KeyCorp raised shares of Microsoft from a "sector weight" rating to an "overweight" rating and set a $630.00 price target on the stock in a report on Thursday, July 31st. Finally, Melius Research boosted their target price on shares of Microsoft from $595.00 to $625.00 in a report on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Microsoft presently has an average rating of "Moderate Buy" and a consensus price target of $617.63.

Microsoft Stock Up 0.3%

Shares of NASDAQ:MSFT opened at $517.35 on Friday. The firm has a fifty day moving average of $512.83 and a 200 day moving average of $466.63. 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. The firm has a market capitalization of $3.85 trillion, a PE ratio of 37.93, a price-to-earnings-growth ratio of 2.25 and a beta of 1.03.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $73.79 billion. During the same period in the prior year, the business posted $2.95 earnings per share. The company's revenue was up 18.1% on a year-over-year basis. Microsoft has set its Q1 2026 guidance at EPS. As a group, research analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Increases Dividend

The company also recently announced 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 is an increase from Microsoft's previous quarterly dividend of $0.83. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, November 20th. Microsoft's dividend payout ratio (DPR) is currently 24.34%.

Microsoft Company Profile

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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