Institute for Wealth Management LLC. Has $24.28 Million Holdings in Microsoft Corporation $MSFT

Institute for Wealth Management LLC. trimmed its stake in shares of Microsoft Corporation (NASDAQ:MSFT) by 2.4% in the second quarter, HoldingsChannel reports. The firm owned 48,821 shares of the software giant’s stock after selling 1,198 shares during the quarter. Microsoft accounts for about 2.7% of Institute for Wealth Management LLC.’s holdings, making the stock its 3rd largest holding. Institute for Wealth Management LLC.’s holdings in Microsoft were worth $24,284,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Newton One Investments LLC boosted its position 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. Bulwark Capital Corp bought a new stake in shares of Microsoft in the second quarter valued at about $32,000. Westend Capital Management LLC boosted its position in shares of Microsoft by 386.7% in the second quarter. Westend Capital Management LLC now owns 73 shares of the software giant’s stock valued at $36,000 after acquiring an additional 58 shares during the period. LSV Asset Management bought a new stake in shares of Microsoft in the fourth quarter valued at about $44,000. Finally, IFS Advisors LLC boosted its position 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. 71.13% of the stock is owned by institutional investors.

Insider Activity

In other Microsoft news, 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 transaction of $2,557,502.00. Following the completion of the transaction, the executive vice president owned 39,111 shares of the company’s stock, valued at approximately $20,624,012.52. The trade was a 11.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 value of $75,315,699.90. Following the transaction, the chief executive officer directly owned 790,852 shares of the company’s stock, valued at approximately $399,206,272.56. The trade was a 15.87% decrease in their position. The disclosure for this sale can be found here. 0.03% of the stock is currently owned by insiders.

Microsoft Stock Up 0.4%

Shares of NASDAQ MSFT opened at $513.58 on Monday. 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 cap of $3.82 trillion, a price-to-earnings ratio of 37.65, a PEG ratio of 2.24 and a beta of 1.03. Microsoft Corporation has a 12 month low of $344.79 and a 12 month high of $555.45. The stock has a 50-day moving average price of $511.82 and a two-hundred day moving average price of $477.00.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Wednesday, July 30th. The software giant reported $3.65 EPS for the quarter, topping the consensus estimate of $3.35 by $0.30. The firm had revenue of $76.44 billion during 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 quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.95 earnings per share. Microsoft has set its Q1 2026 guidance at EPS. As a group, analysts forecast that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be paid a dividend of $0.91 per share. The ex-dividend date of this dividend is Thursday, November 20th. This is a positive change from Microsoft’s previous quarterly dividend of $0.83. This represents a $3.64 annualized dividend and a yield of 0.7%. Microsoft’s payout ratio is presently 24.34%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on MSFT. Sanford C. Bernstein boosted their target price on shares of Microsoft from $540.00 to $637.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Wedbush boosted their target price on shares of Microsoft from $600.00 to $625.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Cantor Fitzgerald upped their price objective on shares of Microsoft from $581.00 to $639.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Royal Bank Of Canada reaffirmed a “buy” rating and set a $640.00 price objective on shares of Microsoft in a research report on Friday, October 3rd. Finally, 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 research report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Microsoft has a consensus rating of “Moderate Buy” and a consensus target price of $618.97.

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.