OneAscent Financial Services LLC Purchases 27,052 Shares of Microsoft Corporation $MSFT

OneAscent Financial Services LLC lifted its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 107.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,284 shares of the software giant's stock after acquiring an additional 27,052 shares during the quarter. Microsoft makes up 1.3% of OneAscent Financial Services LLC's holdings, making the stock its 15th biggest holding. OneAscent Financial Services LLC's holdings in Microsoft were worth $19,804,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the stock. Fosun International Ltd boosted its position in Microsoft by 0.3% during the first quarter. Fosun International Ltd now owns 6,633 shares of the software giant's stock valued at $2,490,000 after acquiring an additional 23 shares during the last quarter. Alliance Wealth Management Group grew its stake in Microsoft by 0.4% during the fourth quarter. Alliance Wealth Management Group now owns 5,617 shares of the software giant's stock worth $2,368,000 after purchasing an additional 25 shares during the period. Guidance Point Advisors LLC increased its holdings in Microsoft by 0.6% in the fourth quarter. Guidance Point Advisors LLC now owns 4,294 shares of the software giant's stock worth $1,811,000 after purchasing an additional 25 shares in the last quarter. Life Planning Partners Inc increased its stake in shares of Microsoft by 5.1% in the 4th quarter. Life Planning Partners Inc now owns 540 shares of the software giant's stock valued at $228,000 after acquiring an additional 26 shares in the last quarter. Finally, Salvus Wealth Management LLC grew its holdings in Microsoft by 0.3% in the first quarter. Salvus Wealth Management LLC now owns 9,161 shares of the software giant's stock worth $3,439,000 after purchasing an additional 27 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Microsoft news, EVP Takeshi Numoto sold 4,850 shares of Microsoft stock in a transaction on 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 completion of the transaction, the executive vice president directly owned 39,111 shares of the company's stock, valued at $20,624,012.52. This trade represents a 11.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.03% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently commented on MSFT. Westpark Capital restated a "hold" rating on shares of Microsoft in a research note on Thursday, July 31st. Wedbush upped their target price on Microsoft from $600.00 to $625.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Mizuho lifted their price target on shares of Microsoft from $540.00 to $625.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Royal Bank Of Canada upped their price objective on shares of Microsoft from $525.00 to $640.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Finally, Raymond James Financial raised their price objective on shares of Microsoft from $490.00 to $570.00 and gave the company an "outperform" rating in a research note on Monday, July 28th. One 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 stock. According to MarketBeat.com, Microsoft presently has a consensus rating of "Moderate Buy" and an average target price of $612.54.

Microsoft Stock Performance

MSFT traded down $1.57 during trading on Tuesday, hitting $505.12. The company's stock had a trading volume of 18,082,004 shares, compared to its average volume of 20,029,184. The business's 50 day simple moving average is $509.18 and its 200-day simple moving average is $448.54. Microsoft Corporation has a one year low of $344.79 and a one year high of $555.45. 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 market cap of $3.75 trillion, a PE ratio of 37.03, a P/E/G ratio of 2.21 and a beta of 1.04.

Microsoft (NASDAQ:MSFT - Get Free Report) last released 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 company had revenue of $76.44 billion for the quarter, compared to analysts' expectations of $73.79 billion. Microsoft had a net margin of 36.15% and a return on equity of 32.44%. Microsoft's revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.95 EPS. 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 fiscal year.

Microsoft Dividend Announcement

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