Legacy Trust Has $18.63 Million Holdings in Microsoft Corporation $MSFT

Legacy Trust reduced its stake in Microsoft Corporation (NASDAQ:MSFT) by 8.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,454 shares of the software giant’s stock after selling 3,479 shares during the period. Microsoft makes up approximately 4.6% of Legacy Trust’s investment portfolio, making the stock its 2nd biggest position. Legacy Trust’s holdings in Microsoft were worth $18,630,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bulwark Capital Corp bought a new stake in Microsoft during the second quarter worth $32,000. Westend Capital Management LLC lifted its holdings 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 worth $36,000 after acquiring an additional 58 shares during the last quarter. Newton One Investments LLC lifted its holdings in shares of Microsoft by 66.7% in the first quarter. Newton One Investments LLC now owns 75 shares of the software giant’s stock worth $28,000 after acquiring an additional 30 shares during the last quarter. LSV Asset Management bought a new position in shares of Microsoft in the fourth quarter worth about $44,000. Finally, Legend Financial Advisors Inc. bought a new position in shares of Microsoft in the second quarter worth about $69,000. 71.13% of the stock is currently owned by institutional investors.

Microsoft Stock Performance

NASDAQ MSFT opened at $523.61 on Monday. The company has a market capitalization of $3.89 trillion, a price-to-earnings ratio of 38.39, a PEG ratio of 2.28 and a beta of 1.03. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $555.45. The stock has a fifty day simple moving average of $511.52 and a 200 day simple moving average of $482.47. 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 (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, July 30th. The software giant reported $3.65 earnings per share for the quarter, beating analysts’ consensus estimates of $3.35 by $0.30. The business had revenue of $76.44 billion during 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 quarterly revenue was up 18.1% on a year-over-year basis. During the same period in the prior year, the business posted $2.95 earnings per share. Microsoft has set its Q1 2026 guidance at EPS. Sell-side analysts expect that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be given a dividend of $0.91 per share. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $3.64 dividend on an annualized basis and a yield of 0.7%. This is a boost from Microsoft’s previous quarterly dividend of $0.83. Microsoft’s payout ratio is currently 24.34%.

Insider Buying and Selling

In other Microsoft news, EVP Takeshi Numoto sold 4,850 shares of the 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 completion of the sale, the executive vice president owned 39,111 shares of the company’s stock, valued at approximately $20,624,012.52. This represents a 11.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Satya Nadella sold 149,205 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $399,206,272.56. The trade was a 15.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. KeyCorp raised shares of Microsoft from a “sector weight” rating to an “overweight” rating and set a $630.00 target price for the company in a report on Thursday, July 31st. Morgan Stanley reiterated an “overweight” rating on shares of Microsoft in a research note on Thursday, October 9th. Raymond James Financial increased their price target on Microsoft from $490.00 to $570.00 and gave the company an “outperform” rating in a research note on Monday, July 28th. Royal Bank Of Canada reiterated a “buy” rating and issued a $640.00 price target on shares of Microsoft in a research note on Friday, October 3rd. Finally, Scotiabank increased their price target on Microsoft from $500.00 to $650.00 and gave the company a “sector outperform” rating in a research note on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and a consensus target price of $617.44.

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.