Kennebec Savings Bank Raises Stock Holdings in Microsoft Corporation $MSFT

Kennebec Savings Bank grew its stake in shares of Microsoft Corporation (NASDAQ:MSFT) by 1.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,518 shares of the software giant’s stock after buying an additional 137 shares during the period. Microsoft makes up 6.6% of Kennebec Savings Bank’s portfolio, making the stock its 2nd biggest position. Kennebec Savings Bank’s holdings in Microsoft were worth $6,724,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Newton One Investments LLC lifted its position in shares of Microsoft by 66.7% during the 1st 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 acquired a new stake in shares of Microsoft in the second quarter valued at about $32,000. Westend Capital Management LLC increased its stake 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 buying an additional 58 shares during the period. LSV Asset Management acquired a new stake in shares of Microsoft in the fourth quarter valued at about $44,000. Finally, IFS Advisors LLC grew its stake in Microsoft by 50.0% during the first quarter. IFS Advisors LLC now owns 150 shares of the software giant’s stock worth $57,000 after purchasing an additional 50 shares during the period. Institutional investors own 71.13% of the company’s stock.

Microsoft Trading Up 0.6%

Shares of Microsoft stock opened at $520.54 on Thursday. The firm has a market cap of $3.87 trillion, a price-to-earnings ratio of 38.16, a PEG ratio of 2.25 and a beta of 1.03. The business has a 50-day moving average price of $511.49 and a 200-day moving average price of $478.67. 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 twelve month low of $344.79 and a twelve month high of $555.45.

Microsoft (NASDAQ:MSFT) last released its quarterly 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 company had revenue of $76.44 billion during the quarter, compared to analyst estimates of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.The firm’s revenue was up 18.1% on a year-over-year basis. During the same quarter last year, the business posted $2.95 earnings per share. Microsoft has set its Q1 2026 guidance at EPS. Equities research analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Increases Dividend

The firm also recently disclosed 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 dividend on an annualized basis 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 payout ratio is presently 24.34%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Piper Sandler raised their target price on Microsoft from $600.00 to $650.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Wall Street Zen raised Microsoft from a “hold” rating to a “buy” rating in a research note on Saturday, October 11th. Evercore ISI upped their target price on Microsoft from $515.00 to $545.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Mizuho upped their price target on Microsoft from $625.00 to $640.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Finally, DA Davidson increased their price target on Microsoft from $600.00 to $650.00 and gave the company a “buy” rating in a report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $617.44.

Insider Buying and Selling

In other news, CEO Satya Nadella sold 149,205 shares of the company’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $504.78, for a total transaction 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. This represents a 15.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 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 can be found here. 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.