Legacy Financial Group LLC Raises Position in Microsoft Corporation $MSFT

Legacy Financial Group LLC boosted its position in shares of Microsoft Corporation (NASDAQ:MSFT) by 7.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,567 shares of the software giant’s stock after buying an additional 616 shares during the period. Legacy Financial Group LLC’s holdings in Microsoft were worth $4,261,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in MSFT. Kingstone Capital Partners Texas LLC grew its stake in Microsoft by 564,387.1% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 90,549,369 shares of the software giant’s stock valued at $45,040,162,000 after acquiring an additional 90,533,328 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Microsoft in the first quarter valued at approximately $18,733,827,000. GAMMA Investing LLC grew its position in shares of Microsoft by 40,290.4% in the first quarter. GAMMA Investing LLC now owns 46,695,303 shares of the software giant’s stock valued at $17,528,950,000 after purchasing an additional 46,579,693 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Microsoft by 16.1% in the fourth quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant’s stock valued at $35,316,535,000 after purchasing an additional 11,600,470 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in Microsoft by 1.1% during the first quarter. Vanguard Group Inc. now owns 691,386,214 shares of the software giant’s stock worth $259,539,471,000 after buying an additional 7,314,509 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Buying and Selling

In related news, EVP Takeshi Numoto sold 4,850 shares of the business’s stock in a transaction 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 completion of the transaction, the executive vice president owned 39,111 shares in the company, 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 document filed with the SEC, which is accessible through the SEC website. Also, CEO Satya Nadella sold 149,205 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $504.78, for a total value of $75,315,699.90. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. 0.03% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MSFT. Citigroup raised their target price on Microsoft from $605.00 to $613.00 and gave the stock a “buy” rating in a research note on Tuesday, July 22nd. Wedbush raised their price objective on shares of Microsoft from $600.00 to $625.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Melius Research lifted their target price on shares of Microsoft from $595.00 to $625.00 in a research note on Thursday, September 25th. Piper Sandler increased their price target on shares of Microsoft from $600.00 to $650.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Finally, Wells Fargo & Company raised their price target on shares of Microsoft from $650.00 to $675.00 and gave the stock an “overweight” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Microsoft currently has a consensus rating of “Moderate Buy” and an average target price of $618.47.

Microsoft Stock Up 2.2%

Shares of NASDAQ MSFT opened at $528.57 on Tuesday. The stock has a market cap of $3.93 trillion, a P/E ratio of 38.75, a PEG ratio of 2.25 and a beta of 1.03. The business’s fifty day simple moving average is $513.15 and its 200-day simple moving average is $468.70. Microsoft Corporation has a 12-month low of $344.79 and a 12-month high of $555.45. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.12.

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

Microsoft Increases Dividend

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

Microsoft Company 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.