Microsoft Corporation $MSFT is Elite Wealth Management Inc.'s Largest Position

Key Points

• Elite Wealth Management Inc. increased its position in Microsoft by 6.7%, making it the firm's largest holding, accounting for approximately 16.5% of its portfolio, valued at $127.1 million.
• Microsoft declared a quarterly dividend of $0.83 per share, with an annualized yield of 0.7%, scheduled for payment on September 11th.
• Several analysts recently upgraded their price targets for Microsoft, with estimates reaching as high as $640.00, reflecting strong confidence in the company's performance and market position.

Elite Wealth Management Inc. lifted its position in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 6.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 338,701 shares of the software giant's stock after purchasing an additional 21,355 shares during the period. Microsoft accounts for approximately 16.5% of Elite Wealth Management Inc.'s portfolio, making the stock its largest position. Elite Wealth Management Inc.'s holdings in Microsoft were worth $127,145,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Brady Martz Wealth Solutions LLC raised its stake in Microsoft by 1.4% in the first quarter. Brady Martz Wealth Solutions LLC now owns 6,650 shares of the software giant's stock worth $2,496,000 after buying an additional 95 shares in the last quarter. Strategic Financial Services Inc. increased its position in shares of Microsoft by 7.8% during the fourth quarter. Strategic Financial Services Inc. now owns 17,426 shares of the software giant's stock valued at $7,345,000 after acquiring an additional 1,268 shares in the last quarter. Elevate Wealth Advisory Inc. increased its position in shares of Microsoft by 147.9% during the fourth quarter. Elevate Wealth Advisory Inc. now owns 1,748 shares of the software giant's stock valued at $737,000 after acquiring an additional 1,043 shares in the last quarter. Intellus Advisors LLC bought a new stake in shares of Microsoft during the fourth quarter valued at approximately $16,075,000. Finally, Meridian Wealth Advisors LLC increased its position in shares of Microsoft by 3.8% during the fourth quarter. Meridian Wealth Advisors LLC now owns 54,910 shares of the software giant's stock valued at $23,144,000 after acquiring an additional 2,014 shares in the last quarter. 71.13% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Royal Bank Of Canada raised their target price on shares of Microsoft from $525.00 to $640.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Loop Capital lifted their target price on shares of Microsoft from $550.00 to $600.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Sanford C. Bernstein boosted their price target on shares of Microsoft from $540.00 to $637.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Oppenheimer boosted their price target on shares of Microsoft from $600.00 to $630.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Finally, Citigroup boosted their price target on shares of Microsoft from $605.00 to $613.00 and gave the stock a "buy" rating in a research note on Tuesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $612.54.

Microsoft Trading Down 0.6%

NASDAQ MSFT opened at $506.69 on Friday. The company has a fifty day simple moving average of $508.77 and a two-hundred day simple moving average of $447.33. The stock has a market cap of $3.77 trillion, a P/E ratio of 37.15, a P/E/G ratio of 2.23 and a beta of 1.06. 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.

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, topping analysts' consensus estimates 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 analysts' expectations of $73.79 billion. During the same quarter last year, the company posted $2.95 earnings per share. The business's quarterly revenue was up 18.1% on a year-over-year basis. Microsoft has set its Q1 2026 guidance at EPS. On average, analysts forecast that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

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

Insider Buying and Selling

In related news, EVP Takeshi Numoto sold 4,850 shares of the firm's stock in a transaction on 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 sale, the executive vice president owned 39,111 shares in the company, valued at approximately $20,624,012.52. This trade represents a 11.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.03% of the company's stock.

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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