NBC Securities Inc. Has $29.34 Million Stake in Microsoft Corporation $MSFT

Key Points

• NBC Securities Inc. reduced its stake in Microsoft Corporation by 26.8%, now holding a total of $29.34 million in shares, making Microsoft its largest investment.
• Several institutional investors have increased their positions in Microsoft recently, with a total ownership of 71.13% by institutional investors overall.
• Microsoft announced a quarterly dividend increase to $0.91, payable on December 11th, marking a positive adjustment from the previous $0.83 dividend.

NBC Securities Inc. lessened its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 26.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 58,989 shares of the software giant's stock after selling 21,593 shares during the quarter. Microsoft comprises 2.4% of NBC Securities Inc.'s investment portfolio, making the stock its largest position. NBC Securities Inc.'s holdings in Microsoft were worth $29,341,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Newton One Investments LLC raised its holdings in shares of Microsoft by 66.7% during the 1st quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock valued at $28,000 after buying an additional 30 shares in the last quarter. Ball & Co Wealth Management Inc. purchased a new position in shares of Microsoft during the 4th quarter valued at about $31,000. LSV Asset Management purchased a new position in shares of Microsoft during the 4th quarter valued at about $44,000. IFS Advisors LLC increased its stake in Microsoft by 50.0% in the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock worth $57,000 after purchasing an additional 50 shares during the period. Finally, ROSS JOHNSON & Associates LLC increased its stake in Microsoft by 155.7% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 156 shares of the software giant's stock worth $59,000 after purchasing an additional 95 shares during the period. Institutional investors own 71.13% of the company's stock.

Insider Transactions at Microsoft

In other Microsoft news, EVP Takeshi Numoto sold 4,850 shares of the company's stock in a transaction dated 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 owned 39,111 shares in the company, valued at $20,624,012.52. This represents a 11.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Satya Nadella sold 149,205 shares of the company's stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 790,852 shares of the company's stock, valued at approximately $399,206,272.56. This trade represents a 15.87% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.03% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. BMO Capital Markets lifted their price target on Microsoft from $550.00 to $650.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Bank of America lifted their price target on Microsoft from $585.00 to $640.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Wells Fargo & Company reaffirmed an "overweight" rating and issued a $650.00 price target (up from $600.00) on shares of Microsoft in a research note on Thursday, July 31st. TD Cowen lifted their price target on Microsoft from $580.00 to $640.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Finally, Morgan Stanley lifted their price target on Microsoft from $530.00 to $582.00 and gave the stock an "overweight" rating in a research note 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 issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $612.54.

Microsoft Stock Up 1.9%

Microsoft stock opened at $517.93 on Friday. The stock has a market cap of $3.85 trillion, a PE ratio of 37.97, a price-to-earnings-growth ratio of 2.26 and a beta of 1.04. 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 one year low of $344.79 and a one year high of $555.45. The stock has a fifty day moving average of $511.71 and a 200 day moving average of $458.31.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The software giant reported $3.65 EPS for the quarter, topping analysts' consensus estimates of $3.35 by $0.30. The business had revenue of $76.44 billion during 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 quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.95 earnings per share. Microsoft has set its Q1 2026 guidance at EPS. As a group, sell-side analysts predict that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be given a $0.91 dividend. The ex-dividend date is Thursday, November 20th. This is a positive change from Microsoft's previous quarterly dividend of $0.83. This represents a $3.64 dividend on an annualized basis and a yield of 0.7%. Microsoft's dividend payout ratio (DPR) is currently 24.34%.

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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