Microsoft Corporation $MSFT Shares Acquired by Jessup Wealth Management Inc

Key Points

• Jessup Wealth Management Inc increased its stake in Microsoft Corporation (MSFT) by 19.9% in the first quarter, holding 8,345 shares valued at approximately $3.13 million.
• Microsoft's latest earnings report revealed an EPS of $3.65 for the quarter, surpassing estimates by $0.30, with a revenue of $76.44 billion, an 18.1% increase year-over-year.
• The company announced a quarterly dividend of $0.83, which will be paid on September 11th, representing an annual yield of 0.7%.

Jessup Wealth Management Inc grew its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 19.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,345 shares of the software giant's stock after buying an additional 1,384 shares during the period. Microsoft accounts for about 1.3% of Jessup Wealth Management Inc's holdings, making the stock its 24th biggest holding. Jessup Wealth Management Inc's holdings in Microsoft were worth $3,132,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Ball & Co Wealth Management Inc. acquired a new stake in shares of Microsoft in the fourth quarter valued at about $31,000. Newton One Investments LLC raised its position in shares of Microsoft by 66.7% in the first quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock valued at $28,000 after buying an additional 30 shares during the last quarter. LSV Asset Management acquired a new stake in shares of Microsoft in the fourth quarter valued at about $44,000. Fairway Wealth LLC acquired a new stake in shares of Microsoft in the fourth quarter valued at about $62,000. Finally, IFS Advisors LLC raised its position in shares of Microsoft by 50.0% in the first quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock valued at $57,000 after buying an additional 50 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Trading Up 0.9%

MSFT stock traded up $4.70 during mid-day trading on Wednesday, hitting $506.74. 17,241,172 shares of the company were exchanged, compared to its average volume of 23,832,652. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $3.77 trillion, a P/E ratio of 37.15, a PEG ratio of 2.19 and a beta of 1.06. The business has a fifty day simple moving average of $507.59 and a 200-day simple moving average of $446.00. Microsoft Corporation has a 12-month low of $344.79 and a 12-month high of $555.45.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share for the quarter, topping the consensus estimate of $3.35 by $0.30. The company had revenue of $76.44 billion during 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% compared to the same quarter last year. During the same quarter last year, the firm posted $2.95 earnings per share. Microsoft has set its Q1 2026 guidance at EPS. On average, equities research analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

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

Wall Street Analysts Forecast Growth

MSFT has been the subject of a number of analyst reports. Cantor Fitzgerald upped their price objective on shares of Microsoft from $581.00 to $639.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. Westpark Capital reissued a "hold" rating on shares of Microsoft in a report on Thursday, July 31st. Evercore ISI upped their price objective on shares of Microsoft from $515.00 to $545.00 and gave the company an "outperform" rating in a report on Friday, July 25th. Scotiabank upped their price objective on shares of Microsoft from $500.00 to $650.00 and gave the company a "sector outperform" rating in a report on Thursday, July 31st. Finally, Raymond James Financial upped 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. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Microsoft currently has a consensus rating of "Moderate Buy" and a consensus price target of $612.54.

Insiders Place Their Bets

In other Microsoft 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 transaction, the executive vice president owned 39,111 shares of the company's stock, valued at $20,624,012.52. This trade represents a 11.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold a total of 8,850 shares of company stock worth $4,406,512 over the last ninety days. Company insiders own 0.03% of the company's stock.

Microsoft 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.