Canandaigua National Trust Co of Florida Has $4.63 Million Stock Position in Microsoft Corporation $MSFT

Key Points

• Canandaigua National Trust Co of Florida increased its Microsoft holdings by 20.5% in the fourth quarter, ending with 9,570 shares worth about $4.63 million. Microsoft is now its 6th largest position and makes up roughly 2.9% of its portfolio.
• Microsoft recently reported strong quarterly results, with EPS of $4.27 beating estimates and revenue of $82.89 billion topping expectations. Revenue rose 18.3% year over year, and analysts now expect full-year EPS of 16.76.
• Sentiment around the stock remains broadly positive: Microsoft announced a quarterly dividend of $0.91 per share and analysts maintain a Moderate Buy consensus, with a target price of about $560.88. Recent headlines also highlight AI and cloud catalysts, including strength in Azure and Copilot.

Canandaigua National Trust Co of Florida increased its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 20.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,570 shares of the software giant's stock after acquiring an additional 1,631 shares during the quarter. Microsoft makes up about 2.9% of Canandaigua National Trust Co of Florida's holdings, making the stock its 6th largest position. Canandaigua National Trust Co of Florida's holdings in Microsoft were worth $4,628,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of MSFT. BLVD Private Wealth LLC increased its holdings in Microsoft by 0.6% during the third quarter. BLVD Private Wealth LLC now owns 3,169 shares of the software giant's stock worth $1,641,000 after buying an additional 19 shares during the last quarter. Magnolia Capital Management Ltd. grew its position in shares of Microsoft by 0.3% during the 3rd quarter. Magnolia Capital Management Ltd. now owns 6,509 shares of the software giant's stock valued at $3,371,000 after acquiring an additional 20 shares during the period. ARK & TLK Investments LLC raised its holdings in shares of Microsoft by 1.0% in the 3rd quarter. ARK & TLK Investments LLC now owns 1,935 shares of the software giant's stock worth $1,002,000 after purchasing an additional 20 shares during the period. Rochester Wealth Strategies LLC raised its holdings in shares of Microsoft by 2.9% in the 3rd quarter. Rochester Wealth Strategies LLC now owns 700 shares of the software giant's stock worth $363,000 after purchasing an additional 20 shares during the period. Finally, Longfellow Investment Management Co. LLC lifted its stake in Microsoft by 51.3% in the second quarter. Longfellow Investment Management Co. LLC now owns 59 shares of the software giant's stock valued at $29,000 after purchasing an additional 20 shares during the last quarter. Institutional investors own 71.13% of the company's stock.

Microsoft Stock Performance

NASDAQ MSFT opened at $412.67 on Thursday. Microsoft Corporation has a 1 year low of $356.28 and a 1 year high of $555.45. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.28 and a quick ratio of 1.27. The stock has a market capitalization of $3.07 trillion, a PE ratio of 24.56, a P/E/G ratio of 1.50 and a beta of 1.10. The company's 50 day simple moving average is $400.37 and its two-hundred day simple moving average is $435.01.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The software giant reported $4.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.06 by $0.21. The company had revenue of $82.89 billion during the quarter, compared to analyst estimates of $81.44 billion. Microsoft had a return on equity of 31.94% and a net margin of 39.34%.The firm's quarterly revenue was up 18.3% on a year-over-year basis. During the same quarter last year, the company earned $3.46 earnings per share. Analysts predict that Microsoft Corporation will post 16.76 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, May 21st. Microsoft's payout ratio is currently 21.67%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on MSFT. Citigroup boosted their target price on Microsoft from $600.00 to $620.00 and gave the company a "buy" rating in a research note on Thursday, April 30th. Raymond James Financial lowered Microsoft from a "market perform" rating to a "market perform" rating in a report on Tuesday, May 5th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Microsoft in a report on Thursday, April 30th. UBS Group reiterated a "buy" rating on shares of Microsoft in a research note on Friday, April 24th. Finally, DZ Bank reissued a "buy" rating on shares of Microsoft in a research report on Thursday, April 30th. Thirty-nine investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $560.88.

Trending Headlines about Microsoft

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: The biggest catalyst was a $9.7 billion Pentagon contract to consolidate Microsoft and other software licenses into one vehicle, which should streamline federal procurement and reinforce Microsoft’s government software footprint. Pentagon awards Microsoft $9.7 billion deal in bid to cut costs, end license sprawl
• Positive Sentiment: Multiple reports said HSBC sees Microsoft’s Anthropic partnership as potentially worth up to $43 billion in annual revenue by 2030, lifting optimism around Azure and Microsoft’s AI monetization path. Is Microsoft ditching OpenAI for Anthropic?
• Positive Sentiment: KeyBanc reiterated an Overweight rating, citing continued strength in Azure and Copilot, while other analyst notes argued Wall Street may be underestimating Microsoft’s AI revenue potential. KeyBanc Reiterates Overweight Rating on Microsoft (MSFT) on Azure and Copilot Growth
• Positive Sentiment: HP’s earnings beat, driven in part by the Windows 11 refresh cycle and AI PC demand, indirectly supports Microsoft by signaling healthy PC upgrade activity around its ecosystem. HP beats revenue, profit estimates as AI PC and Windows 11 refresh boost demand
• Neutral Sentiment: Several items were broadly supportive of Microsoft’s AI strategy, including partner integrations around Microsoft Marketplace, Microsoft Foundry, and Microsoft Dynamics 365, but these are more incremental ecosystem updates than major stock-moving events.
• Negative Sentiment: Some commentary focused on near-term concerns around Microsoft’s heavy AI infrastructure spending and rising compute costs, with a few pieces arguing the stock remains under pressure despite the earnings beat. Cost of Compute is Far Beyond the Costs of the Employees: Microsoft Stock NASDAQ: MSFT Slips as the Achilles Heel is Found
• Negative Sentiment: There were also reports that Dan Loeb’s Third Point exited Microsoft, which may add to investor caution even as longer-term AI enthusiasm remains intact. Billionaire Dan Loeb Cashed Out of Microsoft Stock. Shares Are Down 14.2% YTD.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Kathleen T. Hogan sold 12,321 shares of the firm's stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $409.52, for a total transaction of $5,045,695.92. Following the sale, the executive vice president owned 137,933 shares in the company, valued at $56,486,322.16. This trade represents a 8.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Amy Coleman sold 1,262 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $411.34, for a total value of $519,111.08. Following the transaction, the executive vice president owned 46,003 shares in the company, valued at $18,922,874.02. This trade represents a 2.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.03% of the stock is currently owned by insiders.

Microsoft Company Profile

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft's product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

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