Kerntke Otto McGlone Wealth Management Group Sells 627 Shares of Microsoft Corporation $MSFT

Key Points

• Kerntke Otto McGlone Wealth Management Group sold 627 shares of Microsoft, reducing its stake by 8.9%, leaving them with 6,438 shares valued at approximately $3.20 million.
• Microsoft's CEO Satya Nadella sold 149,205 shares worth around $75.3 million, representing a 15.87% decrease in his ownership stake.
• The company announced a quarterly dividend increase to $0.91 per share, payable on December 11th, reflecting a positive change from its previous dividend of $0.83.

Kerntke Otto McGlone Wealth Management Group trimmed its stake in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 8.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,438 shares of the software giant's stock after selling 627 shares during the period. Microsoft comprises about 2.5% of Kerntke Otto McGlone Wealth Management Group's investment portfolio, making the stock its 7th biggest position. Kerntke Otto McGlone Wealth Management Group's holdings in Microsoft were worth $3,202,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of MSFT. PMV Capital Advisers LLC raised its position in shares of Microsoft by 5.9% in the second quarter. PMV Capital Advisers LLC now owns 359 shares of the software giant's stock valued at $178,000 after purchasing an additional 20 shares during the period. Seek First Inc. raised its position in shares of Microsoft by 1.5% in the second quarter. Seek First Inc. now owns 1,358 shares of the software giant's stock valued at $675,000 after purchasing an additional 20 shares during the period. Level Financial Advisors raised its position in shares of Microsoft by 0.8% in the second quarter. Level Financial Advisors now owns 2,680 shares of the software giant's stock valued at $1,333,000 after purchasing an additional 20 shares during the period. Guided Capital Wealth Management LLC raised its position in shares of Microsoft by 0.4% in the second quarter. Guided Capital Wealth Management LLC now owns 5,405 shares of the software giant's stock valued at $2,688,000 after purchasing an additional 21 shares during the period. Finally, Great Oak Capital Partners LLC raised its position in shares of Microsoft by 0.9% in the second quarter. Great Oak Capital Partners LLC now owns 2,298 shares of the software giant's stock valued at $1,157,000 after purchasing an additional 21 shares during the period. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Satya Nadella sold 149,205 shares of Microsoft stock in a transaction on 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 directly owned 790,852 shares in the company, valued at $399,206,272.56. The trade was a 15.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Takeshi Numoto sold 4,850 shares of Microsoft 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 sale, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.03% of the company's stock.

Wall Street Analysts Forecast Growth

MSFT has been the topic of several research reports. Wall Street Zen upgraded shares of Microsoft from a "hold" rating to a "buy" rating in a research note on Friday, October 3rd. Scotiabank upped their price target on shares of Microsoft from $500.00 to $650.00 and gave the company a "sector outperform" rating in a research note on Thursday, July 31st. Stifel Nicolaus upped their price target on shares of Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a research note on Monday, July 28th. BMO Capital Markets upped their price target on shares of Microsoft from $550.00 to $650.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Finally, TD Cowen upped their price target on shares of Microsoft from $580.00 to $640.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $618.47.

Microsoft Stock Performance

NASDAQ MSFT opened at $522.40 on Friday. The company has a fifty day simple moving average of $513.39 and a 200 day simple moving average of $470.36. Microsoft Corporation has a 12-month low of $344.79 and a 12-month high of $555.45. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.12. The company has a market cap of $3.88 trillion, a P/E ratio of 38.30, a PEG ratio of 2.29 and a beta of 1.03.

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

Microsoft Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a dividend of $0.91 per share. 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. This is a positive change from Microsoft's previous quarterly dividend of $0.83. Microsoft's dividend payout ratio (DPR) is presently 24.34%.

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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