Summa Corp. Has $10.82 Million Stake in Microsoft Corporation $MSFT

Summa Corp. cut its holdings in shares of Microsoft Corporation (NASDAQ:MSFT) by 22.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,758 shares of the software giant’s stock after selling 6,308 shares during the period. Microsoft comprises approximately 5.6% of Summa Corp.’s holdings, 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 and other institutional investors have also recently added to or reduced their stakes in the stock. WFA Asset Management Corp boosted its position in Microsoft by 27.0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after buying an additional 216 shares during the last quarter. Ironwood Wealth Management LLC. raised its position in shares of Microsoft by 0.3% during the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock worth $5,658,000 after acquiring an additional 38 shares during the last quarter. Discipline Wealth Solutions LLC lifted its stake in shares of Microsoft by 410.4% during the third quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant’s stock valued at $1,144,000 after acquiring an additional 2,138 shares during the period. Wealth Group Ltd. boosted its holdings in Microsoft by 1.2% in the fourth quarter. Wealth Group Ltd. now owns 2,374 shares of the software giant’s stock valued at $1,000,000 after acquiring an additional 28 shares during the last quarter. Finally, Eagle Capital Management LLC increased its position in Microsoft by 0.4% in the fourth quarter. Eagle Capital Management LLC now owns 23,097 shares of the software giant’s stock worth $9,735,000 after purchasing an additional 96 shares during the period. Institutional investors and hedge funds own 71.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on MSFT shares. Wall Street Zen upgraded shares of Microsoft from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Arete lifted their price target on shares of Microsoft from $700.00 to $710.00 and gave the company a “buy” rating in a research note on Wednesday, October 1st. HSBC upped their price objective on Microsoft from $643.00 to $648.00 in a research report on Monday, October 27th. TD Cowen lifted their price target on shares of Microsoft from $640.00 to $655.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Finally, Guggenheim upgraded Microsoft from a “neutral” rating to a “buy” rating and set a $586.00 price objective on the stock in a research note on Monday, October 27th. One analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Microsoft presently has an average rating of “Buy” and an average price target of $634.47.

Microsoft Stock Down 0.1%

MSFT opened at $496.82 on Friday. 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 $3.69 trillion, a P/E ratio of 35.34, a P/E/G ratio of 2.36 and a beta of 1.02. Microsoft Corporation has a fifty-two week low of $344.79 and a fifty-two week high of $555.45. The stock has a fifty day moving average of $513.88 and a 200-day moving average of $491.56.

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

Microsoft Increases Dividend

The company also recently disclosed 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 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%. The ex-dividend date of this dividend is Thursday, November 20th. Microsoft’s dividend payout ratio (DPR) is currently 25.89%.

Insider Transactions at Microsoft

In related news, insider Bradford L. Smith sold 38,500 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $518.64, for a total value of $19,967,640.00. Following the sale, the insider directly owned 461,597 shares of the company’s stock, valued at $239,402,668.08. This trade represents a 7.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Takeshi Numoto sold 4,850 shares of Microsoft stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $527.32, for a total transaction of $2,557,502.00. Following the sale, the executive vice president directly owned 39,111 shares in the company, valued at $20,624,012.52. This trade represents a 11.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 192,555 shares of company stock valued at $97,840,842. 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.