Legacy Financial Strategies LLC Acquires 644 Shares of Microsoft Corporation $MSFT

Key Points

• Legacy Financial Strategies LLC increased its holdings in Microsoft Corporation by 7.4% during the second quarter, acquiring an additional 644 shares, bringing their total to 9,336 shares.
• Microsoft's latest quarterly earnings beat estimates, reporting $3.65 EPS and revenue of $76.44 billion, a significant increase from the previous year.
• The company announced a dividend increase, now paying $0.91 per share, which is up from the previous $0.83, with a dividend yield of 0.7%.

Legacy Financial Strategies LLC lifted its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 7.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,336 shares of the software giant's stock after purchasing an additional 644 shares during the quarter. Microsoft accounts for about 0.9% of Legacy Financial Strategies LLC's investment portfolio, making the stock its 16th biggest holding. Legacy Financial Strategies LLC's holdings in Microsoft were worth $4,644,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bulwark Capital Corp purchased a new position in Microsoft in the second quarter valued at $32,000. Ball & Co Wealth Management Inc. bought a new stake in Microsoft during the fourth quarter worth approximately $31,000. Newton One Investments LLC raised its holdings in shares of Microsoft by 66.7% during the 1st quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock valued at $28,000 after purchasing an additional 30 shares in the last quarter. LSV Asset Management acquired a new stake in shares of Microsoft during the 4th quarter valued at about $44,000. Finally, IFS Advisors LLC raised its stake in shares of Microsoft by 50.0% in the first quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock worth $57,000 after acquiring an additional 50 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $511.46 on Friday. Microsoft Corporation has a fifty-two week low of $344.79 and a fifty-two week high of $555.45. The firm has a market cap of $3.80 trillion, a PE ratio of 37.50, a price-to-earnings-growth ratio of 2.23 and a beta of 1.04. 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 business has a 50 day moving average price of $512.03 and a two-hundred day moving average price of $462.60.

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

Microsoft Increases Dividend

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

Analyst Ratings Changes

Several equities research analysts recently commented on MSFT shares. Citigroup lifted their target price on shares of Microsoft from $605.00 to $613.00 and gave the stock a "buy" rating in a research report on Tuesday, July 22nd. KeyCorp raised 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. Barclays restated an "overweight" rating and set a $625.00 price objective on shares of Microsoft in a research note on Friday, August 29th. Piper Sandler raised their price target on Microsoft from $600.00 to $650.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. Finally, Raymond James Financial increased their target price on shares of Microsoft from $490.00 to $570.00 and gave the stock an "outperform" rating in a research report on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Microsoft currently has a consensus rating of "Moderate Buy" and an average price target of $614.45.

Insider Activity

In other Microsoft news, EVP Takeshi Numoto sold 4,850 shares of the company's stock in a transaction dated 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 owned 39,111 shares of the company's stock, valued at $20,624,012.52. This represents a 11.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Satya Nadella sold 149,205 shares of the stock in a transaction that occurred 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 sale, the chief executive officer directly owned 790,852 shares of the company's stock, valued at approximately $399,206,272.56. This trade represents a 15.87% decrease in their position. The disclosure for this sale can be found here. 0.03% of the stock is 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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