Summa Corp. Trims Position in Microsoft Corporation $MSFT

Summa Corp. trimmed its stake in Microsoft Corporation (NASDAQ:MSFT) by 22.5% in the second quarter, HoldingsChannel.com reports. The firm owned 21,758 shares of the software giant’s stock after selling 6,308 shares during the period. Microsoft accounts for about 5.6% of Summa Corp.’s investment portfolio, making the stock its 3rd largest holding. Summa Corp.’s holdings in Microsoft were worth $10,823,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in MSFT. Brady Martz Wealth Solutions LLC grew its holdings in shares of Microsoft by 1.4% in the first quarter. Brady Martz Wealth Solutions LLC now owns 6,650 shares of the software giant’s stock worth $2,496,000 after purchasing an additional 95 shares during the last quarter. Real Talk Capital LLC boosted its position in Microsoft by 1.6% during the 1st quarter. Real Talk Capital LLC now owns 2,290 shares of the software giant’s stock valued at $860,000 after buying an additional 37 shares during the period. Bank Pictet & Cie Europe AG boosted its position in Microsoft by 3.8% during the 2nd quarter. Bank Pictet & Cie Europe AG now owns 922,524 shares of the software giant’s stock valued at $457,119,000 after buying an additional 33,382 shares during the period. Modern Wealth Management LLC grew its holdings in Microsoft by 39.3% in the 1st quarter. Modern Wealth Management LLC now owns 144,852 shares of the software giant’s stock worth $54,376,000 after acquiring an additional 40,860 shares during the last quarter. Finally, Well Done LLC increased its position in shares of Microsoft by 8.9% in the second quarter. Well Done LLC now owns 9,911 shares of the software giant’s stock valued at $4,930,000 after acquiring an additional 814 shares during the period. Institutional investors own 71.13% of the company’s stock.

Microsoft Trading Down 0.1%

MSFT opened at $496.82 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.12. Microsoft Corporation has a 52 week low of $344.79 and a 52 week high of $555.45. The stock has a market cap of $3.69 trillion, a PE ratio of 35.34, a PEG ratio of 2.36 and a beta of 1.02. The business has a 50 day moving average of $513.88 and a 200-day moving average of $491.56.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, October 29th. The software giant reported $4.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.65 by $0.48. The business had revenue of $77.67 billion during 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 quarterly revenue was up 18.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.30 earnings per share. Microsoft has set its Q2 2026 guidance at EPS. Equities research analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be paid a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, November 20th. This is a positive change from Microsoft’s previous quarterly dividend of $0.83. Microsoft’s dividend payout ratio (DPR) is 25.89%.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. upped their price objective on shares of Microsoft from $565.00 to $575.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Wedbush reaffirmed an “outperform” rating and set a $625.00 price target on shares of Microsoft in a research report on Wednesday, October 22nd. Cowen reiterated a “buy” rating on shares of Microsoft in a research report on Friday, October 24th. Wall Street Zen raised Microsoft from a “hold” rating to a “buy” rating in a research note on Saturday, October 11th. Finally, Arete upped their target price on Microsoft from $700.00 to $710.00 and gave the company a “buy” rating in a report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $634.47.

Insider Activity at Microsoft

In related news, CEO Satya Nadella sold 149,205 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The shares were 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 of the company’s stock, valued at $399,206,272.56. The trade was a 15.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Takeshi Numoto sold 4,850 shares of the company’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 sale, the executive vice president 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 SEC filing for this sale provides additional information. Insiders sold a total of 192,555 shares of company stock valued at $97,840,842 in the last three months. Company insiders own 0.03% of the company’s stock.

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.