Mechanics Bank Trust Department Has $37.35 Million Position in Microsoft Corporation $MSFT

Key Points

• Mechanics Bank Trust Department reduced its position in Microsoft Corporation by 6.4%, now holding 75,097 shares valued at approximately $37.35 million.
• Microsoft recently announced a quarterly dividend increase to $0.91 per share, reflecting a positive change from the previous $0.83 and indicating strong company performance.
• Analysts have revised their price targets for Microsoft stock, with TD Cowen raising its target to $640.00, reflecting strong market confidence in the company's growth potential.

Mechanics Bank Trust Department lowered its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 6.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 75,097 shares of the software giant's stock after selling 5,175 shares during the period. Microsoft comprises about 5.4% of Mechanics Bank Trust Department's investment portfolio, making the stock its 3rd biggest holding. Mechanics Bank Trust Department's holdings in Microsoft were worth $37,354,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. PMV Capital Advisers LLC lifted its position in Microsoft by 5.9% during the second quarter. PMV Capital Advisers LLC now owns 359 shares of the software giant's stock valued at $178,000 after purchasing an additional 20 shares in the last quarter. Guided Capital Wealth Management LLC boosted its stake in shares of Microsoft by 0.4% in the second quarter. Guided Capital Wealth Management LLC now owns 5,405 shares of the software giant's stock worth $2,688,000 after acquiring an additional 21 shares during the period. Fosun International Ltd boosted its stake in shares of Microsoft by 0.3% in the first quarter. Fosun International Ltd now owns 6,633 shares of the software giant's stock worth $2,490,000 after acquiring an additional 23 shares during the period. Birchbrook Inc. boosted its stake in shares of Microsoft by 0.4% in the first quarter. Birchbrook Inc. now owns 6,326 shares of the software giant's stock worth $2,375,000 after acquiring an additional 23 shares during the period. Finally, Gagnon Securities LLC boosted its stake in shares of Microsoft by 3.5% in the first quarter. Gagnon Securities LLC now owns 704 shares of the software giant's stock worth $264,000 after acquiring an additional 24 shares during the period. Institutional investors own 71.13% of the company's stock.

Microsoft Trading Up 0.3%

MSFT opened at $517.35 on Friday. The stock has a market cap of $3.85 trillion, a price-to-earnings ratio of 37.93, a P/E/G ratio of 2.25 and a beta of 1.03. The stock's 50 day moving average price is $512.83 and its 200-day moving average price is $466.63. Microsoft Corporation has a one year low of $344.79 and a one year high of $555.45. 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 (NASDAQ:MSFT - Get Free Report) last released its earnings results on Wednesday, July 30th. The software giant reported $3.65 EPS for the quarter, beating analysts' consensus estimates of $3.35 by $0.30. The firm had revenue of $76.44 billion for 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 quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.95 earnings per share. Microsoft has set its Q1 2026 guidance at EPS. On average, equities analysts forecast that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Increases Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on MSFT shares. TD Cowen upped their price objective on Microsoft from $580.00 to $640.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Morgan Stanley upped their price objective on Microsoft from $582.00 to $625.00 and gave the stock an "overweight" rating in a research note on Friday, September 26th. Wedbush upped their price objective on Microsoft from $600.00 to $625.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Microsoft in a research note on Saturday, September 27th. Finally, Jefferies Financial Group upped their price objective on Microsoft from $600.00 to $675.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. One investment 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 stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $617.63.

Insider Buying and Selling

In related news, EVP Takeshi Numoto sold 4,850 shares of the business's stock in a transaction that occurred on 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 completion of the sale, the executive vice president owned 39,111 shares in the company, valued at approximately $20,624,012.52. The trade was a 11.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Satya Nadella sold 149,205 shares of the business's stock in a transaction that occurred on 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 sale, the chief executive officer owned 790,852 shares of the company's stock, valued at $399,206,272.56. The trade was a 15.87% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.03% of the company's stock.

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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