PNC Financial Services Group Inc. Has $3.44 Billion Position in Microsoft Corporation $MSFT

Key Points

• PNC Financial Services Group Inc. reduced its stake in Microsoft Corporation by 0.8%, holding approximately 9.16 million shares valued at $3.44 billion, which constitutes roughly 1.8% of its portfolio.
• Microsoft reported a significant Q2 earnings of $3.65 per share, surpassing estimates by $0.30, with quarterly revenue rising 18.1% year-over-year to $76.44 billion.
• Several institutional investors, including Vanguard and UBS, have increased their positions in Microsoft, contributing to a total institutional ownership of 71.13% of the company's stock.

PNC Financial Services Group Inc. decreased its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 0.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,166,782 shares of the software giant's stock after selling 77,977 shares during the quarter. Microsoft makes up approximately 1.8% of PNC Financial Services Group Inc.'s portfolio, making the stock its 4th largest position. PNC Financial Services Group Inc. owned about 0.12% of Microsoft worth $3,441,118,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Microsoft by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 684,071,705 shares of the software giant's stock worth $288,336,224,000 after acquiring an additional 10,431,988 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Microsoft by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 168,128,024 shares of the software giant's stock worth $70,720,874,000 after acquiring an additional 3,103,212 shares in the last quarter. Norges Bank bought a new stake in shares of Microsoft in the 4th quarter worth $44,343,058,000. Northern Trust Corp grew its stake in shares of Microsoft by 16.1% in the 4th quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant's stock worth $35,316,535,000 after acquiring an additional 11,600,470 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Microsoft by 9.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 59,961,337 shares of the software giant's stock worth $25,273,704,000 after acquiring an additional 5,370,546 shares in the last quarter. Institutional investors own 71.13% of the company's stock.

Microsoft Trading Down 2.6%

Shares of MSFT opened at $495.00 on Friday. The business's 50-day moving average price is $509.93 and its 200-day moving average price is $450.60. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $555.45. The stock has a market cap of $3.68 trillion, a PE ratio of 36.29, a P/E/G ratio of 2.22 and a beta of 1.04. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.12.

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 the consensus estimate of $3.35 by $0.30. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.The firm had revenue of $76.44 billion for the quarter, compared to analysts' expectations of $73.79 billion. During the same period in the prior year, the business posted $2.95 earnings per share. The company's revenue was up 18.1% on a year-over-year basis. Microsoft has set its Q1 2026 guidance at EPS. On average, equities analysts forecast that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders 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 annualized dividend and a dividend yield of 0.7%. Microsoft's dividend payout ratio is currently 24.34%.

Wall Street Analyst Weigh In

MSFT has been the subject of several recent analyst reports. Loop Capital upped their target price on shares of Microsoft from $550.00 to $600.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. TD Cowen boosted their price target on shares of Microsoft from $580.00 to $640.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Piper Sandler boosted their price target on shares of Microsoft from $600.00 to $650.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. Jefferies Financial Group boosted their price target on shares of Microsoft from $600.00 to $675.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Finally, Scotiabank boosted their price target on shares of Microsoft from $500.00 to $650.00 and gave the stock a "sector outperform" rating in a report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Microsoft currently has an average rating of "Moderate Buy" and a consensus target price of $612.54.

Insider Activity

In other news, 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 transaction of $75,315,699.90. Following the sale, the chief executive officer directly owned 790,852 shares in the company, valued at $399,206,272.56. This represents a 15.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Takeshi Numoto sold 4,850 shares of the company's stock in a transaction dated 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 sale, the executive vice president owned 39,111 shares in the company, valued at approximately $20,624,012.52. This represents a 11.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.03% of the company's stock.

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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