Microsoft Corporation $MSFT is Mattern Wealth Management LLC's 4th Largest Position

Key Points

• Mattern Wealth Management LLC reduced its stake in Microsoft Corporation by 3.3% during the second quarter, making Microsoft its 4th largest holding with a value of approximately $27.74 million.
• Microsoft recently increased its quarterly dividend to $0.91 per share, reflecting a $3.64 annual dividend, which represents a yield of 0.7%.
• In multiple analyst reports, Microsoft received various ratings with the consensus target price set at $618.97, highlighting a generally positive outlook among analysts.

Mattern Wealth Management LLC lessened its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 3.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,770 shares of the software giant's stock after selling 1,914 shares during the quarter. Microsoft makes up approximately 5.8% of Mattern Wealth Management LLC's holdings, making the stock its 4th largest holding. Mattern Wealth Management LLC's holdings in Microsoft were worth $27,741,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Brady Martz Wealth Solutions LLC grew its holdings in Microsoft by 1.4% in the 1st quarter. Brady Martz Wealth Solutions LLC now owns 6,650 shares of the software giant's stock valued at $2,496,000 after buying an additional 95 shares during the period. Real Talk Capital LLC grew its holdings in Microsoft by 1.6% in the 1st quarter. Real Talk Capital LLC now owns 2,290 shares of the software giant's stock valued at $860,000 after buying an additional 37 shares during the period. Bank Pictet & Cie Europe AG grew its holdings in Microsoft by 3.8% in the 2nd quarter. Bank Pictet & Cie Europe AG now owns 922,524 shares of the software giant's stock valued at $457,119,000 after buying an additional 33,382 shares during the period. Modern Wealth Management LLC grew its holdings in Microsoft by 39.3% in the 1st quarter. Modern Wealth Management LLC now owns 144,852 shares of the software giant's stock valued at $54,376,000 after buying an additional 40,860 shares during the period. Finally, Well Done LLC lifted its stake in shares of Microsoft by 8.9% in the 2nd quarter. Well Done LLC now owns 9,911 shares of the software giant's stock valued at $4,930,000 after purchasing an additional 814 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

Wall Street Analyst Weigh In

MSFT has been the topic of several research analyst reports. Loop Capital lifted their price objective on Microsoft from $550.00 to $600.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Westpark Capital reaffirmed a "hold" rating on shares of Microsoft in a research note on Thursday, July 31st. Weiss Ratings reiterated a "buy (b)" rating on shares of Microsoft in a report on Wednesday, October 8th. Royal Bank Of Canada reiterated a "buy" rating and issued a $640.00 price target on shares of Microsoft in a report on Friday, October 3rd. Finally, Cantor Fitzgerald boosted their price target on Microsoft from $581.00 to $639.00 and gave the stock an "overweight" rating in a research report 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 issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $618.97.

Microsoft Stock Performance

Shares of MSFT opened at $513.58 on Friday. The business's 50 day moving average is $511.82 and its two-hundred day moving average is $475.63. Microsoft Corporation has a 52-week low of $344.79 and a 52-week high of $555.45. The firm has a market cap of $3.82 trillion, a price-to-earnings ratio of 37.65, a PEG ratio of 2.23 and a beta of 1.03. The company has a quick ratio of 1.35, a current 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, beating the consensus estimate of $3.35 by $0.30. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.The business had revenue of $76.44 billion for the quarter, compared to analyst estimates of $73.79 billion. During the same period in the prior year, the company posted $2.95 EPS. The business's revenue was up 18.1% compared to the same quarter last year. Microsoft has set its Q1 2026 guidance at EPS. Analysts forecast that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be given a $0.91 dividend. 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 an increase from Microsoft's previous quarterly dividend of $0.83. Microsoft's payout ratio is 24.34%.

Insider Transactions at Microsoft

In other news, EVP Takeshi Numoto sold 4,850 shares of the firm's stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $527.32, for a total value of $2,557,502.00. Following the transaction, the executive vice president directly owned 39,111 shares in the company, valued at approximately $20,624,012.52. This trade represents a 11.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Satya Nadella sold 149,205 shares of the firm's 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 completion of the transaction, the chief executive officer owned 790,852 shares in the company, valued at approximately $399,206,272.56. The trade was a 15.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.03% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.