Wheelhouse Advisory Group LLC Sells 508 Shares of Microsoft Corporation $MSFT

Key Points

• Wheelhouse Advisory Group LLC reduced its Microsoft holdings by 21.0%, now owning 1,914 shares worth approximately $719,000.
• Several institutional investors, including Ball & Co Wealth Management and LSV Asset Management, have recently made new purchases or increased their stakes in Microsoft.
• Microsoft announced a quarterly $0.83 dividend, with a dividend yield of 0.7%, set to be paid on September 11th to shareholders on record as of August 21st.

Wheelhouse Advisory Group LLC lowered its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 21.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,914 shares of the software giant's stock after selling 508 shares during the quarter. Microsoft accounts for about 0.4% of Wheelhouse Advisory Group LLC's portfolio, making the stock its 21st largest position. Wheelhouse Advisory Group LLC's holdings in Microsoft were worth $719,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Ball & Co Wealth Management Inc. purchased a new stake in shares of Microsoft in the fourth quarter valued at $31,000. Newton One Investments LLC raised its stake in shares of Microsoft by 66.7% in the first quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock valued at $28,000 after acquiring an additional 30 shares during the period. LSV Asset Management purchased a new stake in shares of Microsoft in the fourth quarter valued at $44,000. Fairway Wealth LLC purchased a new stake in shares of Microsoft in the fourth quarter valued at $62,000. Finally, IFS Advisors LLC raised its stake in shares of Microsoft by 50.0% in the first quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock valued at $57,000 after acquiring an additional 50 shares during the period. Institutional investors own 71.13% of the company's stock.

Insider Buying and Selling at Microsoft

In other news, EVP Takeshi Numoto sold 4,850 shares of the firm'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 directly owned 39,111 shares in the company, valued at approximately $20,624,012.52. This trade represents a 11.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last quarter, insiders have sold 8,850 shares of company stock valued at $4,406,512. 0.03% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

MSFT has been the topic of several recent analyst reports. TD Cowen raised their price target on shares of Microsoft from $580.00 to $640.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Scotiabank raised their price target on shares of Microsoft from $500.00 to $650.00 and gave the stock a "sector outperform" rating in a research note on Thursday, July 31st. KeyCorp raised shares of Microsoft from a "sector weight" rating to an "overweight" rating and set a $630.00 price target on the stock in a research note on Thursday, July 31st. Jefferies Financial Group raised their price target on shares of Microsoft from $600.00 to $675.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Finally, JPMorgan Chase & Co. raised their price target on shares of Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $612.54.

Microsoft Trading Down 0.8%

NASDAQ MSFT opened at $505.72 on Thursday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.35 and a current ratio of 1.35. The company has a market capitalization of $3.76 trillion, a price-to-earnings ratio of 37.08, a price-to-earnings-growth ratio of 2.23 and a beta of 1.06. The company's 50-day simple moving average is $504.93 and its two-hundred day simple moving average is $442.81. Microsoft Corporation has a one year low of $344.79 and a one year high of $555.45.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly 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. Microsoft had a net margin of 36.15% and a return on equity of 32.44%. The business had revenue of $76.44 billion for the quarter, compared to analysts' expectations of $73.79 billion. During the same period last year, the business earned $2.95 EPS. The company's revenue was up 18.1% compared to the same quarter last year. Microsoft has set its Q1 2026 guidance at EPS. Equities analysts forecast that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, August 21st. Microsoft's dividend payout ratio (DPR) is currently 24.34%.

About Microsoft

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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