Chaney Capital Management Inc. Grows Stock Position in Microsoft Corporation $MSFT

Chaney Capital Management Inc. boosted its stake in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 7.9% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 24,894 shares of the software giant's stock after acquiring an additional 1,833 shares during the quarter. Microsoft accounts for about 4.2% of Chaney Capital Management Inc.'s portfolio, making the stock its 6th biggest holding. Chaney Capital Management Inc.'s holdings in Microsoft were worth $9,345,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Ball & Co Wealth Management Inc. acquired a new position in Microsoft in the fourth quarter valued at about $31,000. Newton One Investments LLC raised its holdings in 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 acquiring an additional 30 shares in the last quarter. LSV Asset Management purchased a new position in Microsoft in the fourth quarter valued at approximately $44,000. Fairway Wealth LLC acquired a new position in shares of Microsoft in the 4th quarter valued at $62,000. Finally, IFS Advisors LLC increased its holdings in shares of Microsoft by 50.0% in the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock valued at $57,000 after acquiring an additional 50 shares during the period. Institutional investors and hedge funds own 71.13% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently commented on MSFT shares. Loop Capital boosted their price objective on shares of Microsoft from $550.00 to $600.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. TD Cowen increased their price objective on shares of Microsoft from $580.00 to $640.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Guggenheim restated a "neutral" rating on shares of Microsoft in a research note on Thursday, May 1st. KeyCorp upgraded Microsoft from a "sector weight" rating to an "overweight" rating and set a $630.00 target price on the stock in a research note on Thursday, July 31st. Finally, Bank of America raised their price target on Microsoft from $585.00 to $640.00 and gave the company a "buy" rating in a report on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $612.54.

Insider Activity

In related news, EVP Takeshi Numoto sold 4,850 shares of the business's 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 completion of the sale, the executive vice president directly owned 39,111 shares in the company, valued at $20,624,012.52. The trade was a 11.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders sold 8,850 shares of company stock valued at $4,406,512 over the last ninety days. Company insiders own 0.03% of the company's stock.

Microsoft Stock Performance

NASDAQ MSFT traded down $3.8540 during trading on Wednesday, hitting $505.9160. The company's stock had a trading volume of 13,218,214 shares, compared to its average volume of 22,237,680. 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 50 day moving average price of $504.26 and a 200 day moving average price of $442.37. The firm has a market cap of $3.76 trillion, a P/E ratio of 37.09, a price-to-earnings-growth ratio of 2.26 and a beta of 1.06. Microsoft Corporation has a 52 week low of $344.79 and a 52 week high of $555.45.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share for the quarter, beating analysts' consensus estimates of $3.35 by $0.30. The firm had revenue of $76.44 billion for the quarter, compared to analysts' expectations 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 business posted $2.95 earnings per share. Microsoft has set its Q1 2026 guidance at EPS. Equities research analysts forecast that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be given a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, August 21st. 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.