Amarillo National Bank Increases Stock Holdings in Microsoft Corporation $MSFT

Key Points

• Amarillo National Bank increased its stake in Microsoft Corporation by 16.4% during the second quarter, owning 18,835 shares valued at approximately $9.37 million.
• Several other institutional investors also raised their positions in Microsoft, with cumulative 71.13% of the stock owned by such investors.
• Microsoft announced an increase in its quarterly dividend to $0.91 per share, reflecting a greater annualized dividend yield of 0.7%.

Amarillo National Bank raised its position in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 16.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,835 shares of the software giant's stock after acquiring an additional 2,656 shares during the period. Microsoft makes up 1.7% of Amarillo National Bank's portfolio, making the stock its 13th biggest position. Amarillo National Bank's holdings in Microsoft were worth $9,369,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL grew its position in Microsoft by 6.8% during the second quarter. Strategic Investment Solutions Inc. IL now owns 4,529 shares of the software giant's stock valued at $2,183,000 after acquiring an additional 290 shares during the period. Five Oceans Advisors grew its position in Microsoft by 6.0% during the second quarter. Five Oceans Advisors now owns 11,782 shares of the software giant's stock valued at $5,860,000 after acquiring an additional 671 shares during the period. EdgeRock Capital LLC purchased a new stake in Microsoft during the second quarter valued at about $4,741,000. Patron Partners LLC grew its position in Microsoft by 5.9% during the second quarter. Patron Partners LLC now owns 13,958 shares of the software giant's stock valued at $6,943,000 after acquiring an additional 781 shares during the period. Finally, BankPlus Wealth Management LLC grew its position in Microsoft by 3.2% during the second quarter. BankPlus Wealth Management LLC now owns 7,358 shares of the software giant's stock valued at $3,661,000 after acquiring an additional 225 shares during the period. Hedge funds and other institutional investors own 71.13% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on MSFT shares. Wells Fargo & Company boosted their price target on Microsoft from $650.00 to $675.00 and gave the company an "overweight" rating in a research report on Monday. Piper Sandler boosted their price objective on Microsoft from $600.00 to $650.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. KeyCorp upgraded Microsoft from a "sector weight" rating to an "overweight" rating and set a $630.00 price objective on the stock in a research note on Thursday, July 31st. Oppenheimer boosted their price objective on Microsoft from $600.00 to $630.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Finally, Stifel Nicolaus boosted their price objective on Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a research note on Monday, July 28th. One research 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's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $618.47.

Insider Activity at Microsoft

In other Microsoft news, EVP Takeshi Numoto sold 4,850 shares of the company's stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $527.32, for a total transaction of $2,557,502.00. Following the sale, the executive vice president owned 39,111 shares in the company, valued at $20,624,012.52. This represents a 11.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Satya Nadella sold 149,205 shares of the company's stock in a transaction that occurred 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 sale, the chief executive officer owned 790,852 shares in the company, valued at $399,206,272.56. The trade was a 15.87% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.03% of the company's stock.

Microsoft Trading Down 2.2%

NASDAQ:MSFT opened at $510.96 on Friday. The business's 50-day simple moving average is $513.12 and its 200 day simple moving average is $471.16. Microsoft Corporation has a one year low of $344.79 and a one year high of $555.45. The stock has a market cap of $3.80 trillion, a price-to-earnings ratio of 37.46, a price-to-earnings-growth ratio of 2.27 and a beta of 1.03. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.35 and a current ratio of 1.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The software giant reported $3.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.35 by $0.30. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.The firm had revenue of $76.44 billion for the quarter, compared to analysts' expectations of $73.79 billion. During the same quarter in the prior year, the firm posted $2.95 earnings per share. Microsoft's revenue for the quarter was up 18.1% compared to the same quarter last year. Microsoft has set its Q1 2026 guidance at EPS. As a group, sell-side analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Increases Dividend

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

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