Pinnacle Financial Partners Inc Grows Holdings in Microsoft Corporation $MSFT

Key Points

• Pinnacle Financial Partners Inc increased its stake in Microsoft by 0.3%, holding 567,924 shares valued at $223 million, making it the largest position in their portfolio.
• Microsoft reported a quarterly EPS of $3.65, exceeding expectations and demonstrating an 18.1% revenue growth year over year.
• The company plans to pay a quarterly dividend of $0.83 per share on September 11th, which represents a 0.6% yield and a payout ratio of 24.34%.

Pinnacle Financial Partners Inc boosted its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 0.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 567,924 shares of the software giant's stock after purchasing an additional 1,915 shares during the quarter. Microsoft accounts for about 4.5% of Pinnacle Financial Partners Inc's portfolio, making the stock its largest holding. Pinnacle Financial Partners Inc's holdings in Microsoft were worth $223,000,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ball & Co Wealth Management Inc. acquired a new position in Microsoft during the fourth quarter worth $31,000. Newton One Investments LLC raised its holdings in Microsoft by 66.7% during the first quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock worth $28,000 after buying an additional 30 shares during the last quarter. LSV Asset Management acquired a new position in Microsoft during the fourth quarter worth $44,000. Fairway Wealth LLC acquired a new position in Microsoft during the fourth quarter worth $62,000. Finally, IFS Advisors LLC raised its holdings in Microsoft by 50.0% during the first quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock worth $57,000 after buying an additional 50 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Price Performance

MSFT traded down $7.4250 on Tuesday, reaching $509.6750. The company had a trading volume of 12,654,787 shares, compared to its average volume of 22,237,453. The business has a 50 day simple moving average of $503.49 and a 200 day simple moving average of $441.90. The company has a market cap of $3.79 trillion, a price-to-earnings ratio of 37.38, a P/E/G ratio of 2.28 and a beta of 1.06. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.35 and a current ratio of 1.35. 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 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 business 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%. Microsoft's quarterly revenue was up 18.1% on a year-over-year basis. During the same period last year, the firm posted $2.95 earnings per share. Microsoft has set its Q1 2026 guidance at EPS. As a group, sell-side analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Announces Dividend

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

Insider Activity at Microsoft

In other Microsoft news, EVP Kathleen T. Hogan sold 21,500 shares of Microsoft stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total transaction of $9,756,055.00. Following the transaction, the executive vice president directly owned 134,888 shares of the company's stock, valued at approximately $61,208,127.76. This trade represents a 13.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Takeshi Numoto sold 4,850 shares of Microsoft 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 transaction, the executive vice president directly owned 39,111 shares in the company, valued at $20,624,012.52. This trade represents a 11.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 30,350 shares of company stock worth $14,162,567 over the last three months. Insiders own 0.03% of the company's stock.

Analyst Ratings Changes

MSFT has been the topic of several research reports. Piper Sandler upped their price objective on shares of Microsoft from $600.00 to $650.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. Westpark Capital reiterated a "hold" rating on shares of Microsoft in a research note on Thursday, July 31st. Stifel Nicolaus upped their target price on shares of Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a research note on Monday, July 28th. Barclays upped their target price on shares of Microsoft from $550.00 to $625.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Finally, Raymond James Financial upped their target price on shares of Microsoft from $490.00 to $570.00 and gave the stock an "outperform" rating in a research note on Monday, July 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Microsoft presently has a consensus rating of "Moderate Buy" and a consensus target price of $612.54.

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.