Legacy Wealth Management Inc Has $420,000 Stock Holdings in Microsoft Corporation $MSFT

Key Points

• Legacy Wealth Management Inc reduced its Microsoft Corporation stake by 44.2%, resulting in ownership of 845 shares valued at $420,000, marking Microsoft as its 25th largest holding.
• Microsoft reported earnings of $3.65 per share for the last quarter, exceeding expectations, and had revenue of $76.44 billion, an 18.1% year-over-year increase.
• The company announced a quarterly dividend of $0.91, up from the previous $0.83, offering a 0.7% dividend yield with a payout ratio of 24.34%.

Legacy Wealth Management Inc trimmed its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 44.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 845 shares of the software giant's stock after selling 669 shares during the quarter. Microsoft makes up about 0.0% of Legacy Wealth Management Inc's portfolio, making the stock its 25th largest holding. Legacy Wealth Management Inc's holdings in Microsoft were worth $420,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in MSFT. Kingstone Capital Partners Texas LLC grew its holdings in Microsoft by 564,387.1% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 90,549,369 shares of the software giant's stock worth $45,040,162,000 after acquiring an additional 90,533,328 shares during the last quarter. Nuveen LLC bought a new stake in Microsoft during the 1st quarter worth approximately $18,733,827,000. GAMMA Investing LLC grew its holdings in Microsoft by 40,290.4% during the 1st quarter. GAMMA Investing LLC now owns 46,695,303 shares of the software giant's stock worth $17,528,950,000 after acquiring an additional 46,579,693 shares during the last quarter. Northern Trust Corp grew its holdings in Microsoft by 16.1% during the 4th quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant's stock worth $35,316,535,000 after acquiring an additional 11,600,470 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Microsoft by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 691,386,214 shares of the software giant's stock valued at $259,539,471,000 after purchasing an additional 7,314,509 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Stock Performance

NASDAQ MSFT opened at $513.58 on Friday. Microsoft Corporation has a 52-week low of $344.79 and a 52-week high of $555.45. The company has a 50-day simple moving average of $511.82 and a 200 day simple moving average of $475.63. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.35 and a current ratio of 1.35. The company has a market capitalization of $3.82 trillion, a PE ratio of 37.65, a price-to-earnings-growth ratio of 2.23 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, 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 firm had revenue of $76.44 billion during the quarter, compared to the consensus estimate of $73.79 billion. During the same quarter last year, the company earned $2.95 earnings per share. The company's revenue was up 18.1% on a year-over-year basis. Microsoft has set its Q1 2026 guidance at EPS. On average, research analysts predict that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors 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 is a positive change from Microsoft's previous quarterly dividend of $0.83. This represents a $3.64 annualized dividend and a dividend yield of 0.7%. Microsoft's payout ratio is presently 24.34%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Melius Research increased their price objective on shares of Microsoft from $595.00 to $625.00 in a research report on Thursday, September 25th. Citigroup increased their price objective 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. Jefferies Financial Group increased their price objective on shares of Microsoft from $600.00 to $675.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Truist Financial increased their price objective on shares of Microsoft from $650.00 to $675.00 and gave the stock a "buy" rating in a research report on Monday, August 18th. Finally, Loop Capital increased their price objective on shares of Microsoft from $550.00 to $600.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $618.97.

Insiders Place Their Bets

In other Microsoft news, EVP Takeshi Numoto sold 4,850 shares of the business's stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $527.32, for a total transaction 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 position. The sale 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 the business's stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $504.78, for a total transaction of $75,315,699.90. Following the sale, the chief executive officer owned 790,852 shares in the company, 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 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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