RKL Wealth Management LLC Sells 2,453 Shares of Microsoft Corporation $MSFT

Key Points

• RKL Wealth Management LLC reduced its Microsoft shares by 2,453, bringing its total ownership to 58,144 shares, which constitutes 2.5% of its portfolio.
• Several institutional investors, including Vanguard Group Inc. and Kingstone Capital Partners, have significantly increased their stakes in Microsoft, reflecting strong investor interest.
• Analysts have raised their price targets for Microsoft stock, with Scotiabank setting a new target at $650 and a consensus rating of "Moderate Buy."

RKL Wealth Management LLC reduced its position in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 4.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,144 shares of the software giant's stock after selling 2,453 shares during the period. Microsoft comprises 2.5% of RKL Wealth Management LLC's portfolio, making the stock its 7th largest position. RKL Wealth Management LLC's holdings in Microsoft were worth $28,921,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of Microsoft by 1.1% in the first quarter. Vanguard Group Inc. now owns 691,386,214 shares of the software giant's stock worth $259,539,471,000 after buying an additional 7,314,509 shares during the last quarter. Kingstone Capital Partners Texas LLC increased its stake in Microsoft by 564,387.1% during the second quarter. Kingstone Capital Partners Texas LLC now owns 90,549,369 shares of the software giant's stock valued at $45,040,162,000 after purchasing an additional 90,533,328 shares during the last quarter. Northern Trust Corp increased its stake in Microsoft by 16.1% during the fourth quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant's stock valued at $35,316,535,000 after purchasing an additional 11,600,470 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Microsoft by 3.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 62,267,822 shares of the software giant's stock worth $23,374,718,000 after acquiring an additional 2,306,485 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Microsoft by 9.8% during the fourth 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 during the last quarter. Institutional investors own 71.13% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently commented on MSFT shares. Stifel Nicolaus upped their price target on shares of Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a research report on Monday, July 28th. Loop Capital upped their price objective on shares of Microsoft from $550.00 to $600.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Scotiabank upped their price objective 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. TD Cowen upped their price objective on shares of Microsoft from $580.00 to $640.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Finally, Truist Financial upped their price objective on shares of Microsoft from $650.00 to $675.00 and gave the stock a "buy" rating in a report on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Microsoft presently has a consensus rating of "Moderate Buy" and a consensus price target of $618.97.

Insider Activity

In other Microsoft news, CEO Satya Nadella sold 149,205 shares of the business'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 owned 790,852 shares in the company, valued at approximately $399,206,272.56. The trade was a 15.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Takeshi Numoto sold 4,850 shares of the business'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 sale, the executive vice president owned 39,111 shares in the company, valued at approximately $20,624,012.52. The trade was a 11.03% decrease in their position. The disclosure for this sale can be found here. 0.03% of the stock is currently owned by insiders.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $517.66 on Wednesday. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $555.45. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $3.85 trillion, a price-to-earnings ratio of 37.95, a PEG ratio of 2.25 and a beta of 1.03. The firm has a 50-day moving average of $511.49 and a two-hundred day moving average of $478.38.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The software giant reported $3.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.35 by $0.30. The firm had revenue of $76.44 billion for the quarter, compared to the consensus estimate of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.The business's revenue for the quarter was up 18.1% compared to the same quarter last year. 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, analysts expect that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, November 20th. This is a boost from Microsoft's previous quarterly dividend of $0.83. Microsoft's dividend payout ratio is presently 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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