Family Legacy Financial Solutions LLC reduced its position in Microsoft Corporation (NASDAQ:MSFT – Free Report) by 24.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,305 shares of the software giant’s stock after selling 1,063 shares during the period. Microsoft makes up about 1.0% of Family Legacy Financial Solutions LLC’s investment portfolio, making the stock its 19th biggest position. Family Legacy Financial Solutions LLC’s holdings in Microsoft were worth $1,695,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of the company. State Street Corp boosted its position in Microsoft by 2.9% in the second quarter. State Street Corp now owns 315,653,206 shares of the software giant’s stock worth $117,744,959,000 after purchasing an additional 8,944,917 shares during the last quarter. Bank of America Corp DE purchased a new stake in shares of Microsoft during the 2nd quarter valued at about $27,338,370,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Microsoft by 0.9% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 64,375,360 shares of the software giant’s stock valued at $24,013,297,000 after purchasing an additional 543,172 shares during the last quarter. Legal & General Group Plc purchased a new stake in shares of Microsoft during the 2nd quarter valued at about $18,306,443,000. Finally, Amundi lifted its stake in shares of Microsoft by 12.0% in the 2nd quarter. Amundi now owns 46,694,778 shares of the software giant’s stock worth $17,418,076,000 after purchasing an additional 5,019,702 shares during the period. Institutional investors own 71.13% of the company’s stock.
Microsoft Stock Performance
Shares of NASDAQ:MSFT opened at $530.61 on Monday. The stock has a 50 day moving average of $516.65 and a 200 day moving average of $440.18. The company has a market cap of $3.94 trillion, a PE ratio of 27.69, a price-to-earnings-growth ratio of 1.56 and a beta of 1.05. The company has a current ratio of 1.22, a quick ratio of 1.21 and a debt-to-equity ratio of 0.07. Microsoft Corporation has a 12-month low of $349.20 and a 12-month high of $559.15.
Microsoft (NASDAQ:MSFT – Get Free Report) last released its earnings results on Wednesday, October 28th. The software giant reported $4.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.72 by $0.17. Microsoft had a net margin of 41.17% and a return on equity of 31.28%. The company had revenue of $92.28 billion during the quarter, compared to analyst estimates of $90.62 billion. During the same period in the prior year, the firm posted $4.13 EPS. The firm’s quarterly revenue was up 18.8% compared to the same quarter last year. As a group, equities research analysts expect that Microsoft Corporation will post 19.92 EPS for the current year.
Microsoft Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Thursday, November 19th will be given a $0.98 dividend. The ex-dividend date is Thursday, November 19th. This is an increase from Microsoft’s previous quarterly dividend of $0.91. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.7%. Microsoft’s dividend payout ratio (DPR) is currently 20.46%.
Microsoft News Summary
Here are the key news stories impacting Microsoft this week:
- Positive Sentiment: Microsoft’s free-cash-flow position may offer some reassurance: an analysis notes that several other major AI hyperscalers are generating negative free cash flow, while Microsoft is generating positive cash flow. Is Microsoft Getting Enough Credit for Better Free Cash Flow Compared to its Peers?
- Neutral Sentiment: Reports say Microsoft plans to reduce the number of neocloud partners it uses, wind down rented AI capacity from Oracle, and declined a Texas data-center expansion with Nscale. This could help control costs and give Microsoft tighter oversight as it builds its own infrastructure, but the implications for capacity growth remain uncertain. Microsoft plans to use fewer neoclouds as AI buildout shows signs of strain
- Negative Sentiment: Investors may read the canceled or reduced AI-computing commitments as a sign that Microsoft is reassessing demand, project timing, or returns on its data-center spending. The shift comes as reports highlight construction delays and the rising cost of meeting a growing AI backlog, intensifying scrutiny of whether heavy investment will pay off. Microsoft is winding down Oracle deal to rent AI cloud capacity, Bloomberg News reports
- Negative Sentiment: Broader unease around AI spending and tech-market volatility may also weigh on MSFT, as investors question the scale of data-center investment relative to future cash returns. Microsoft and Oracle’s AI ambitions are suddenly a lot more expensive
Analyst Ratings Changes
A number of equities analysts recently issued reports on MSFT shares. Morgan Stanley reissued an “overweight” rating on shares of Microsoft in a report on Thursday, October 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $640.00 target price on shares of Microsoft in a report on Thursday, October 29th. Truist Financial reiterated a “buy” rating and issued a $630.00 price target (up from $600.00) on shares of Microsoft in a research report on Thursday, October 29th. Weiss Ratings upgraded shares of Microsoft from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Finally, Guggenheim upped their price objective on Microsoft from $586.00 to $595.00 and gave the stock a “buy” rating in a research note on Thursday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Microsoft currently has an average rating of “Moderate Buy” and an average price target of $609.54.
Get Our Latest Stock Analysis on MSFT
Insider Buying and Selling
In other news, EVP Amy Hood sold 41,674 shares of the firm’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $498.27, for a total transaction of $20,764,903.98. Following the sale, the executive vice president directly owned 533,624 shares in the company, valued at $265,888,830.48. This trade represents a 7.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Satya Nadella sold 86,525 shares of Microsoft stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $501.46, for a total transaction of $43,388,826.50. Following the transaction, the chief executive officer owned 486,763 shares in the company, valued at approximately $244,092,173.98. This trade represents a 15.09% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 135,504 shares of company stock valued at $68,138,024. Company insiders own 0.03% of the company’s stock.
Microsoft Company Profile
Microsoft Corporation is a global technology company that develops software, cloud services, devices, and digital solutions for consumers, businesses, and public-sector organizations. Founded in 1975 by Bill Gates and Paul Allen, the company is headquartered in Redmond, Washington.
Its products and services include the Windows operating system, Microsoft 365 productivity applications, Azure cloud computing, LinkedIn, GitHub, Surface devices, and Xbox gaming products and services. Microsoft also provides business software, cybersecurity tools, and artificial intelligence technologies.
Microsoft serves customers around the world through its products, online platforms, and network of business partners.
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