Mattern Capital Management LLC Boosts Stock Position in Microsoft Corporation $MSFT

Key Points

• Mattern Capital Management LLC increased its stake in Microsoft Corporation by 1.7%, making it the firm's largest holding, valued at approximately $18.94 million at the end of the last reporting period.
• Microsoft recently declared a quarterly dividend of $0.91 per share, an increase from the previous $0.83, which represents an annual yield of 0.7%.
• Wall Street analysts have raised their price targets for Microsoft, with estimates ranging from $570 to $650, reflecting strong growth expectations for the company.

Mattern Capital Management LLC raised its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 1.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,076 shares of the software giant's stock after buying an additional 644 shares during the quarter. Microsoft accounts for 2.3% of Mattern Capital Management LLC's holdings, making the stock its biggest holding. Mattern Capital Management LLC's holdings in Microsoft were worth $18,939,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of MSFT. Newton One Investments LLC raised 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 valued at $28,000 after purchasing an additional 30 shares during the last quarter. Bulwark Capital Corp acquired a new stake in Microsoft during the second quarter worth approximately $32,000. Westend Capital Management LLC grew its stake in Microsoft by 386.7% during the second quarter. Westend Capital Management LLC now owns 73 shares of the software giant's stock worth $36,000 after purchasing an additional 58 shares during the period. LSV Asset Management acquired a new stake in Microsoft in the fourth quarter valued at approximately $44,000. Finally, IFS Advisors LLC grew its stake in Microsoft by 50.0% in the first quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock valued at $57,000 after acquiring an additional 50 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Stock Up 0.6%

MSFT stock opened at $520.54 on Thursday. The firm has a market cap of $3.87 trillion, a PE ratio of 38.16, a PEG ratio of 2.25 and a beta of 1.03. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.35 and a current ratio of 1.35. Microsoft Corporation has a one year low of $344.79 and a one year high of $555.45. The firm's 50 day moving average price is $511.49 and its 200-day moving average price is $478.67.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its earnings results 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 analyst estimates of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.The firm's quarterly revenue was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.95 earnings per share. Microsoft has set its Q1 2026 guidance at EPS. On average, equities research analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Increases Dividend

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

Insiders Place Their Bets

In other 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 completion of the sale, the executive vice president directly owned 39,111 shares of the company's stock, valued at approximately $20,624,012.52. This represents a 11.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Satya Nadella sold 149,205 shares of the company's stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 790,852 shares of the company's stock, valued at $399,206,272.56. The trade was 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.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on MSFT shares. Sanford C. Bernstein boosted their target price on Microsoft from $540.00 to $637.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. KeyCorp upgraded Microsoft from a "sector weight" rating to an "overweight" rating and set a $630.00 price target on the stock in a research note on Thursday, July 31st. Scotiabank raised their price target on Microsoft from $500.00 to $650.00 and gave the company a "sector outperform" rating in a report on Thursday, July 31st. Raymond James Financial boosted their target price on Microsoft from $490.00 to $570.00 and gave the company an "outperform" rating in a research report on Monday, July 28th. Finally, Loop Capital upped their target price on Microsoft from $550.00 to $600.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $617.44.

Microsoft Company 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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