Masso Torrence Wealth Management Inc. Buys 965 Shares of Microsoft Corporation $MSFT

Key Points

• Masso Torrence Wealth Management Inc. increased its stake in Microsoft by 7.4%, now owning 13,997 shares valued at approximately $6.96 million.
• Microsoft has recently announced a quarterly dividend of $0.91 per share, an increase from its previous $0.83 dividend, reflecting a payout ratio of 24.34%.
• Bank of America raised its target price for Microsoft shares to $640.00, contributing to a consensus target price of $617.63 among analysts.

Masso Torrence Wealth Management Inc. grew its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 7.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,997 shares of the software giant's stock after purchasing an additional 965 shares during the quarter. Microsoft accounts for 3.2% of Masso Torrence Wealth Management Inc.'s investment portfolio, making the stock its 9th biggest position. Masso Torrence Wealth Management Inc.'s holdings in Microsoft were worth $6,962,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Iams Wealth Management LLC increased its position in shares of Microsoft by 22.4% during the second quarter. Iams Wealth Management LLC now owns 15,124 shares of the software giant's stock worth $7,523,000 after acquiring an additional 2,767 shares during the last quarter. LCM Capital Management Inc increased its position in shares of Microsoft by 4.2% during the second quarter. LCM Capital Management Inc now owns 22,001 shares of the software giant's stock worth $10,944,000 after acquiring an additional 877 shares during the last quarter. Painted Porch Advisors LLC increased its position in shares of Microsoft by 0.5% during the second quarter. Painted Porch Advisors LLC now owns 5,836 shares of the software giant's stock worth $2,903,000 after acquiring an additional 28 shares during the last quarter. Lighthouse Wealth Management Inc. increased its position in shares of Microsoft by 4.1% during the second quarter. Lighthouse Wealth Management Inc. now owns 2,337 shares of the software giant's stock worth $1,162,000 after acquiring an additional 91 shares during the last quarter. Finally, Cobblestone Asset Management LLC increased its position in shares of Microsoft by 6.3% during the second quarter. Cobblestone Asset Management LLC now owns 1,645 shares of the software giant's stock worth $818,000 after acquiring an additional 98 shares during the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Stock Down 0.8%

NASDAQ:MSFT opened at $515.74 on Friday. The firm has a market capitalization of $3.83 trillion, a PE ratio of 37.81, a price-to-earnings-growth ratio of 2.26 and a beta of 1.03. The stock has a 50 day moving average of $512.75 and a 200-day moving average of $465.70. Microsoft Corporation has a 52 week low of $344.79 and a 52 week 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.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its earnings results 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 analyst estimates of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.The business's revenue was up 18.1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.95 earnings per share. Microsoft has set its Q1 2026 guidance at EPS. Analysts predict that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Increases Dividend

The business 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 represents a $3.64 annualized dividend and a dividend yield of 0.7%. This is a boost from Microsoft's previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Thursday, November 20th. Microsoft's dividend payout ratio is currently 24.34%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on MSFT. Bank of America lifted their target price on Microsoft from $585.00 to $640.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Evercore ISI lifted their target price on Microsoft from $515.00 to $545.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Royal Bank Of Canada lifted their target price on Microsoft from $525.00 to $640.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. KeyCorp raised Microsoft from a "sector weight" rating to an "overweight" rating and set a $630.00 target price on the stock in a research report on Thursday, July 31st. Finally, Oppenheimer boosted their price objective on Microsoft from $600.00 to $630.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $617.63.

Insider Activity at Microsoft

In other news, EVP Takeshi Numoto sold 4,850 shares of the business's stock in a transaction that occurred on Tuesday, August 12th. The stock was 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 directly owned 39,111 shares in the company, valued at approximately $20,624,012.52. The trade was a 11.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Satya Nadella sold 149,205 shares of the business's stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $504.78, for a total value of $75,315,699.90. Following the transaction, 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. 0.03% of the stock is currently owned by corporate insiders.

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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