Hoge Financial Services LLC Sells 483 Shares of Microsoft Corporation $MSFT

Hoge Financial Services LLC trimmed its holdings in shares of Microsoft Corporation (NASDAQ:MSFT) by 8.3% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 5,371 shares of the software giant’s stock after selling 483 shares during the quarter. Microsoft accounts for approximately 1.7% of Hoge Financial Services LLC’s holdings, making the stock its 12th biggest holding. Hoge Financial Services LLC’s holdings in Microsoft were worth $2,671,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Cadinha & Co. LLC raised its position in shares of Microsoft by 99.5% in the 2nd quarter. Cadinha & Co. LLC now owns 68,788 shares of the software giant’s stock worth $34,216,000 after acquiring an additional 34,309 shares in the last quarter. KPP Advisory Services LLC grew its stake in Microsoft by 2.5% in the second quarter. KPP Advisory Services LLC now owns 33,281 shares of the software giant’s stock valued at $16,554,000 after purchasing an additional 820 shares during the last quarter. First Citizens Bank & Trust Co. raised its holdings in Microsoft by 12.7% in the second quarter. First Citizens Bank & Trust Co. now owns 278,557 shares of the software giant’s stock worth $138,557,000 after purchasing an additional 31,487 shares in the last quarter. Roman Butler Fullerton & Co. raised its holdings in Microsoft by 6.5% in the second quarter. Roman Butler Fullerton & Co. now owns 31,282 shares of the software giant’s stock worth $16,070,000 after purchasing an additional 1,906 shares in the last quarter. Finally, Cornerstone Advisory LLC lifted its position in shares of Microsoft by 0.8% during the second quarter. Cornerstone Advisory LLC now owns 31,571 shares of the software giant’s stock valued at $15,704,000 after buying an additional 240 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Stock Down 1.3%

NASDAQ:MSFT opened at $472.12 on Monday. The firm has a market capitalization of $3.51 trillion, a P/E ratio of 33.58, a PEG ratio of 2.36 and a beta of 1.02. The company’s fifty day moving average price is $512.88 and its 200-day moving average price is $499.28. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $555.45. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, October 29th. The software giant reported $4.13 earnings per share for the quarter, topping the consensus estimate of $3.65 by $0.48. The company had revenue of $77.67 billion for the quarter, compared to the consensus estimate of $75.49 billion. Microsoft had a return on equity of 33.47% and a net margin of 35.71%.The firm’s revenue for the quarter was up 18.4% compared to the same quarter last year. During the same period last year, the firm earned $3.30 EPS. Microsoft has set its Q2 2026 guidance at EPS. As a group, equities research analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be given a dividend of $0.91 per share. This is an increase from Microsoft’s previous quarterly dividend of $0.83. This represents a $3.64 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, November 20th. Microsoft’s dividend payout ratio (DPR) is 25.89%.

Insider Activity at Microsoft

In other Microsoft news, CEO Satya Nadella sold 149,205 shares of the company’s stock in a transaction that occurred on 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 sale, the chief executive officer owned 790,852 shares in the company, valued at approximately $399,206,272.56. This represents a 15.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Bradford L. Smith sold 38,500 shares of Microsoft stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $518.64, for a total transaction of $19,967,640.00. Following the transaction, the insider directly owned 461,597 shares of the company’s stock, valued at approximately $239,402,668.08. This trade represents a 7.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on MSFT. Bank of America boosted their price objective on shares of Microsoft from $585.00 to $640.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Arete Research upped their price target on Microsoft from $710.00 to $730.00 in a research report on Monday, October 27th. HSBC raised their price objective on Microsoft from $643.00 to $648.00 in a research report on Monday, October 27th. Guggenheim set a $675.00 target price on Microsoft in a research report on Wednesday. Finally, BNP Paribas Exane increased their price target on Microsoft from $630.00 to $632.00 and gave the company an “outperform” rating in a research note on Monday, November 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $634.33.

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.