Family Legacy Financial Solutions LLC Takes Position in Microsoft Corporation $MSFT

Key Points

• Family Legacy Financial Solutions LLC acquired 2,481 shares of Microsoft Corporation valued at approximately $1.23 million during the 2nd quarter, making it the firm's 21st largest holding.
• Microsoft's stock has an average target price of $614.45 with analysts predominantly rating it as a "Buy," reflecting strong confidence in the company's future performance.
• The company will pay a quarterly $0.91 dividend on December 11th, representing an increase from the previous $0.83 dividend, with a yield of 0.7%.

Family Legacy Financial Solutions LLC purchased a new stake in Microsoft Corporation (NASDAQ:MSFT - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 2,481 shares of the software giant's stock, valued at approximately $1,234,000. Microsoft comprises approximately 1.0% of Family Legacy Financial Solutions LLC's investment portfolio, making the stock its 21st largest holding.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Brady Martz Wealth Solutions LLC grew its position in Microsoft by 1.4% during the 1st quarter. Brady Martz Wealth Solutions LLC now owns 6,650 shares of the software giant's stock worth $2,496,000 after acquiring an additional 95 shares during the last quarter. Real Talk Capital LLC grew its position in Microsoft by 1.6% during the 1st quarter. Real Talk Capital LLC now owns 2,290 shares of the software giant's stock worth $860,000 after acquiring an additional 37 shares during the last quarter. Modern Wealth Management LLC grew its position in Microsoft by 39.3% during the 1st quarter. Modern Wealth Management LLC now owns 144,852 shares of the software giant's stock worth $54,376,000 after acquiring an additional 40,860 shares during the last quarter. Bridgeway Capital Management LLC grew its position in Microsoft by 8.3% during the 1st quarter. Bridgeway Capital Management LLC now owns 86,477 shares of the software giant's stock worth $32,463,000 after acquiring an additional 6,617 shares during the last quarter. Finally, Meridian Wealth Advisors LLC grew its position in Microsoft by 3.8% during the 4th quarter. Meridian Wealth Advisors LLC now owns 54,910 shares of the software giant's stock worth $23,144,000 after acquiring an additional 2,014 shares during the last quarter. Institutional investors own 71.13% of the company's stock.

Insider Transactions at Microsoft

In other news, EVP Takeshi Numoto sold 4,850 shares of the business's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $527.32, for a total value of $2,557,502.00. Following the transaction, the executive vice president directly owned 39,111 shares of the company's stock, valued at $20,624,012.52. The trade was a 11.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Satya Nadella sold 149,205 shares of the business's stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 790,852 shares in the company, valued at $399,206,272.56. This 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 insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. DA Davidson boosted their price objective on Microsoft from $600.00 to $650.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Jefferies Financial Group lifted their target price on Microsoft from $600.00 to $675.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. TD Cowen lifted their target price on Microsoft from $580.00 to $640.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Wedbush lifted their target price on Microsoft from $600.00 to $625.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Finally, Morgan Stanley lifted their target price on Microsoft from $582.00 to $625.00 and gave the stock an "overweight" rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $614.45.

Microsoft Stock Up 0.9%

Shares of NASDAQ:MSFT opened at $511.46 on Friday. The company has a market capitalization of $3.80 trillion, a price-to-earnings ratio of 37.50, a P/E/G ratio of 2.21 and a beta of 1.04. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35. The business's 50-day moving average is $512.03 and its 200-day moving average is $462.06. Microsoft Corporation has a 1 year low of $344.79 and a 1 year high of $555.45.

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 analysts' consensus estimates of $3.35 by $0.30. The company had revenue of $76.44 billion for 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%.The firm's revenue was up 18.1% compared to the same quarter last year. During the same period in the previous year, the business earned $2.95 EPS. Microsoft has set its Q1 2026 guidance at EPS. Equities research analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a $0.91 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.7%. This is a positive change from Microsoft's previous quarterly dividend of $0.83. Microsoft's dividend payout ratio (DPR) is presently 24.34%.

Microsoft 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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