Evergreen Private Wealth LLC Has $8.18 Million Stock Position in Microsoft Corporation $MSFT

Key Points

• Evergreen Private Wealth LLC increased its stake in Microsoft Corporation by 5.6%, owning 16,447 shares valued at approximately $8.18 million, making it the firm’s 5th largest holding.
• Several research analysts have raised their price targets for Microsoft, with estimates ranging from $600 to $639, indicating a strong outlook for the stock.
• Microsoft has announced a quarterly dividend increase from $0.83 to $0.91, with the next payment scheduled for December 11th, representing an annualized yield of 0.7%.

Evergreen Private Wealth LLC raised its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 5.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,447 shares of the software giant's stock after purchasing an additional 868 shares during the quarter. Microsoft accounts for about 3.4% of Evergreen Private Wealth LLC's holdings, making the stock its 5th biggest holding. Evergreen Private Wealth LLC's holdings in Microsoft were worth $8,181,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Newton One Investments LLC increased its stake 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 valued at $28,000 after buying an additional 30 shares during the period. Ball & Co Wealth Management Inc. acquired a new stake in shares of Microsoft in the fourth quarter valued at about $31,000. 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. Finally, LSV Asset Management acquired a new stake in shares of Microsoft in the fourth quarter valued at about $44,000. 71.13% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Loop Capital increased their price target on Microsoft from $550.00 to $600.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Cantor Fitzgerald raised their target price on Microsoft from $581.00 to $639.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Citigroup raised their target price on Microsoft from $605.00 to $613.00 and gave the stock a "buy" rating in a research note on Tuesday, July 22nd. Wall Street Zen raised Microsoft from a "hold" rating to a "buy" rating in a research note on Saturday. Finally, Royal Bank Of Canada reaffirmed a "buy" rating and set a $640.00 target price on shares of Microsoft in a research note on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $618.47.

Insider Buying and Selling

In related news, EVP Takeshi Numoto sold 4,850 shares of Microsoft stock in a transaction 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 directly owned 39,111 shares in the company, valued at approximately $20,624,012.52. This trade represents a 11.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Satya Nadella sold 149,205 shares of Microsoft stock in a transaction on 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 in the company, valued at $399,206,272.56. This trade represents a 15.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.03% of the stock is owned by company insiders.

Microsoft Stock Down 2.2%

MSFT stock opened at $510.96 on Friday. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $555.45. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.12. The stock's 50 day moving average is $513.12 and its 200-day moving average is $471.16. The firm has a market capitalization of $3.80 trillion, a PE ratio of 37.46, a P/E/G ratio of 2.27 and a beta of 1.03.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its earnings results 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. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.The company had revenue of $76.44 billion for the quarter, compared to analyst estimates of $73.79 billion. During the same quarter last year, the company earned $2.95 earnings per share. The company's revenue for the quarter was up 18.1% on a year-over-year basis. Microsoft has set its Q1 2026 guidance at EPS. Sell-side analysts expect that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be issued a $0.91 dividend. This is a boost from Microsoft's previous quarterly dividend of $0.83. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, November 20th. Microsoft's dividend payout ratio is 24.34%.

About Microsoft

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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