New Capital Management LP Sells 698 Shares of Microsoft Corporation $MSFT

Key Points

• New Capital Management LP has reduced its stake in Microsoft Corporation by 8.7%, now holding 7,316 shares valued at approximately $2,746,000.
• Multiple research firms have raised their price targets for Microsoft's stock, with the average target now at $612.54 and a consensus rating of "Moderate Buy."
• Microsoft announced a quarterly dividend of $0.83 per share, with the next payment scheduled for September 11th, indicating a 0.7% yield.

New Capital Management LP cut its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 8.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,316 shares of the software giant's stock after selling 698 shares during the period. Microsoft accounts for approximately 0.8% of New Capital Management LP's portfolio, making the stock its 18th biggest holding. New Capital Management LP's holdings in Microsoft were worth $2,746,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Brady Martz Wealth Solutions LLC increased its stake in shares of 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 purchasing an additional 95 shares during the period. Mcdaniel Terry & Co. increased its stake in shares of Microsoft by 6.1% in the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock worth $133,023,000 after purchasing an additional 18,052 shares during the period. Strategic Financial Services Inc. increased its stake in shares of Microsoft by 7.8% in the fourth quarter. Strategic Financial Services Inc. now owns 17,426 shares of the software giant's stock worth $7,345,000 after purchasing an additional 1,268 shares during the period. Elevate Wealth Advisory Inc. increased its stake in shares of Microsoft by 147.9% in the fourth quarter. Elevate Wealth Advisory Inc. now owns 1,748 shares of the software giant's stock worth $737,000 after purchasing an additional 1,043 shares during the period. Finally, Intellus Advisors LLC bought a new position in shares of Microsoft in the fourth quarter worth about $16,075,000. 71.13% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on MSFT. Morgan Stanley lifted their price objective on Microsoft from $530.00 to $582.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Cantor Fitzgerald boosted their price target on Microsoft from $581.00 to $639.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Wedbush boosted their price target on Microsoft from $600.00 to $625.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. boosted their price target on Microsoft from $465.00 to $475.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Finally, Sanford C. Bernstein boosted their price target on Microsoft from $540.00 to $637.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. One 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 company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $612.54.

Insider Buying and Selling

In related news, EVP Takeshi Numoto sold 4,850 shares of the 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 sale, the executive vice president directly owned 39,111 shares in the company, valued at $20,624,012.52. This represents a 11.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders sold 8,850 shares of company stock worth $4,406,512. 0.03% of the stock is owned by corporate insiders.

Microsoft Stock Down 0.8%

NASDAQ MSFT opened at $505.72 on Thursday. The company has a market capitalization of $3.76 trillion, a price-to-earnings ratio of 37.08, a PEG ratio of 2.23 and a beta of 1.06. 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 Corporation has a 1-year low of $344.79 and a 1-year high of $555.45. The stock's 50 day moving average is $504.93 and its two-hundred day moving average is $442.81.

Microsoft (NASDAQ:MSFT - Get Free Report) last released 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 for the quarter, compared to analyst estimates of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.Microsoft's revenue for the quarter was up 18.1% on a year-over-year basis. During the same period in the prior year, the company earned $2.95 EPS. Microsoft has set its Q1 2026 guidance at EPS. Equities analysts forecast that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm 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. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a yield of 0.7%. Microsoft's dividend payout ratio is 24.34%.

Microsoft 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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