Fortitude Family Office LLC Raises Holdings in Microsoft Corporation $MSFT

Key Points

• Fortitude Family Office LLC increased its holdings in Microsoft Corporation by 13.0%, owning 7,008 shares worth approximately $3,486,000 at the end of the second quarter.
• Several analysts upgraded Microsoft's price targets, with projections now ranging from $545.00 to $675.00, reflecting strong buy ratings and positive sentiment about the company's performance.
• Microsoft declared an increase in its quarterly dividend to $0.91 from the previous $0.83, with a scheduled payment date on December 11th for shareholders recorded as of November 20th.

Fortitude Family Office LLC grew its position in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 13.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,008 shares of the software giant's stock after purchasing an additional 808 shares during the period. Microsoft makes up approximately 1.1% of Fortitude Family Office LLC's investment portfolio, making the stock its 23rd biggest position. Fortitude Family Office LLC's holdings in Microsoft were worth $3,486,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Newton One Investments LLC grew its position in Microsoft by 66.7% in the first quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock worth $28,000 after acquiring an additional 30 shares in the last quarter. Ball & Co Wealth Management Inc. purchased a new position in Microsoft in the fourth quarter worth about $31,000. Bulwark Capital Corp purchased a new position in Microsoft in the second quarter worth about $32,000. Westend Capital Management LLC grew its position in Microsoft by 386.7% in the second quarter. Westend Capital Management LLC now owns 73 shares of the software giant's stock worth $36,000 after acquiring an additional 58 shares in the last quarter. Finally, LSV Asset Management purchased a new position in Microsoft in the fourth quarter worth about $44,000. Hedge funds and other institutional investors own 71.13% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Evercore ISI raised their price objective on shares of Microsoft from $515.00 to $545.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. Wells Fargo & Company reissued an "overweight" rating and issued a $650.00 price objective (up previously from $600.00) on shares of Microsoft in a research note on Thursday, July 31st. Weiss Ratings reissued a "buy (b)" rating on shares of Microsoft in a research note on Saturday, September 27th. Oppenheimer raised their price objective on shares of Microsoft from $600.00 to $630.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Finally, Truist Financial raised their price objective on shares of Microsoft from $650.00 to $675.00 and gave the stock a "buy" rating in a research note on Monday, August 18th. One 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. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $617.63.

Microsoft Price Performance

NASDAQ MSFT opened at $517.35 on Friday. The firm's fifty day simple moving average is $512.83 and its two-hundred day simple moving average is $467.17. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.12. Microsoft Corporation has a 12-month low of $344.79 and a 12-month high of $555.45. The firm has a market capitalization of $3.85 trillion, a P/E ratio of 37.93, a P/E/G ratio of 2.25 and a beta of 1.03.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.35 by $0.30. Microsoft had a net margin of 36.15% and a return on equity of 32.44%. The business had revenue of $76.44 billion for the quarter, compared to analyst estimates of $73.79 billion. During the same period in the previous year, the company earned $2.95 earnings per share. The business's revenue for the quarter was up 18.1% on a year-over-year basis. Microsoft has set its Q1 2026 guidance at EPS. Analysts forecast that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be issued a $0.91 dividend. 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%. The ex-dividend date of this dividend is Thursday, November 20th. Microsoft's dividend payout ratio is presently 24.34%.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Takeshi Numoto sold 4,850 shares of Microsoft stock in a transaction on Tuesday, August 12th. The shares were 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 approximately $20,624,012.52. The trade was a 11.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 transaction 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 currently owned by insiders.

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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