Summit Wealth Partners LLC Sells 1,233 Shares of Microsoft Corporation $MSFT

Summit Wealth Partners LLC trimmed its stake in Microsoft Corporation (NASDAQ:MSFT) by 18.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 5,534 shares of the software giant’s stock after selling 1,233 shares during the period. Summit Wealth Partners LLC’s holdings in Microsoft were worth $2,676,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. TFR Capital LLC. lifted its stake in shares of Microsoft by 1.5% in the 4th quarter. TFR Capital LLC. now owns 36,564 shares of the software giant’s stock valued at $17,683,000 after purchasing an additional 548 shares during the last quarter. Elevated Capital Advisors LLC lifted its stake in shares of Microsoft by 2.3% in the 4th quarter. Elevated Capital Advisors LLC now owns 19,809 shares of the software giant’s stock valued at $9,580,000 after purchasing an additional 436 shares during the last quarter. Sterling Investment Counsel LLC lifted its stake in shares of Microsoft by 37.9% in the 4th quarter. Sterling Investment Counsel LLC now owns 16,881 shares of the software giant’s stock valued at $7,868,000 after purchasing an additional 4,636 shares during the last quarter. Bosman Wealth Management LLC lifted its stake in shares of Microsoft by 3.6% in the 4th quarter. Bosman Wealth Management LLC now owns 10,174 shares of the software giant’s stock valued at $4,920,000 after purchasing an additional 357 shares during the last quarter. Finally, Global Financial Private Client LLC lifted its stake in shares of Microsoft by 1.7% in the 4th quarter. Global Financial Private Client LLC now owns 16,256 shares of the software giant’s stock valued at $7,862,000 after purchasing an additional 273 shares during the last quarter. 71.13% of the stock is owned by institutional investors.

Microsoft Price Performance

Shares of MSFT stock opened at $412.66 on Tuesday. Microsoft Corporation has a 52-week low of $356.28 and a 52-week high of $555.45. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.27 and a current ratio of 1.28. The firm has a market capitalization of $3.07 trillion, a P/E ratio of 24.56, a P/E/G ratio of 1.50 and a beta of 1.10. The stock has a 50 day moving average price of $397.30 and a 200 day moving average price of $443.93.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, April 29th. The software giant reported $4.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.06 by $0.21. The firm had revenue of $82.89 billion during the quarter, compared to analyst estimates of $81.44 billion. Microsoft had a return on equity of 31.94% and a net margin of 39.34%.Microsoft’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same period last year, the company earned $3.46 EPS. As a group, sell-side analysts predict that Microsoft Corporation will post 16.76 earnings per share for the current year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be given a dividend of $0.91 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $3.64 dividend on an annualized basis and a yield of 0.9%. Microsoft’s payout ratio is 21.67%.

Microsoft News Roundup

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Microsoft’s CEO testified that the company supported OpenAI’s shift toward a for-profit structure, reinforcing the importance of Microsoft’s AI investment and the potential upside from its partnership with OpenAI. Microsoft’s C.E.O. Intervened When OpenAI Fired Sam Altman, Musk’s Lawyer Claims
• Positive Sentiment: Multiple reports emphasized Microsoft’s growing AI thesis, with analysts pointing to strong cloud growth, improving AI monetization, and continued long-term upside from enterprise demand. Microsoft’s (MSFT) Q3 Revealed 3 Things that Matter for the AI Bull Case
• Positive Sentiment: Some commentary argued Microsoft still looks undervalued based on free-cash-flow projections, even after higher capital spending, which can support the stock among long-term investors. Microsoft Stock Still Looks Undervalued Based on FCF Projections, Despite Higher Capex
• Neutral Sentiment: Market coverage continues to frame Microsoft as a major AI and cloud winner, but several articles are opinion pieces or commentary rather than new fundamental developments. Microsoft Stock Analysis: My Final Verdict
• Negative Sentiment: There was also some negative noise around Microsoft’s African data center delays and questions about AI and software disruption, which could add caution around execution and future growth assumptions. Microsoft’s African data center falters on payment demands, Bloomberg News reports

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Robert W. Baird lowered their price objective on Microsoft from $540.00 to $500.00 and set an “outperform” rating for the company in a research note on Wednesday, April 15th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Microsoft in a research note on Monday, April 27th. KeyCorp decreased their price target on Microsoft from $630.00 to $600.00 and set an “overweight” rating for the company in a research note on Thursday, January 29th. Truist Financial decreased their price target on Microsoft from $675.00 to $575.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Finally, Daiwa Securities Group decreased their price target on Microsoft from $630.00 to $600.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $562.69.

Insiders Place Their Bets

In other news, Director John W. Stanton bought 5,000 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was acquired at an average cost of $397.35 per share, with a total value of $1,986,750.00. Following the transaction, the director directly owned 83,905 shares in the company, valued at approximately $33,339,651.75. This trade represents a 6.34% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kathleen T. Hogan sold 12,321 shares of Microsoft stock in a transaction on Friday, March 6th. The shares were sold at an average price of $409.52, for a total value of $5,045,695.92. Following the sale, the executive vice president directly owned 137,933 shares of the company’s stock, valued at approximately $56,486,322.16. This trade represents a 8.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.03% of the company’s stock.

About Microsoft

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).