Microsoft Corporation $MSFT is Riverview Trust Co's 6th Largest Position

Key Points

• Riverview Trust Co decreased its stake in Microsoft by 54.3% in Q2, now holding 4,677 shares valued at approximately $2.3 million, making it the firm's 6th largest position.
• Analysts continue to support Microsoft with several raising their target prices, including Truist Financial and Citigroup, both of which maintain a "buy" rating for the stock.
• Microsoft will pay a quarterly dividend of $0.91 on December 11, which signifies a positive change from the previous dividend of $0.83, representing an annualized yield of 0.7%.

Riverview Trust Co lessened its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 54.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,677 shares of the software giant's stock after selling 5,564 shares during the quarter. Microsoft makes up about 2.9% of Riverview Trust Co's investment portfolio, making the stock its 6th largest holding. Riverview Trust Co's holdings in Microsoft were worth $2,326,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Newton One Investments LLC raised its stake in Microsoft by 66.7% during the first quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock valued at $28,000 after buying an additional 30 shares during the last quarter. Bulwark Capital Corp purchased a new position in Microsoft during the second quarter valued at $32,000. Westend Capital Management LLC raised 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 valued at $36,000 after buying an additional 58 shares during the last quarter. LSV Asset Management purchased a new position in Microsoft during the fourth quarter valued at $44,000. Finally, IFS Advisors LLC increased its holdings in shares of Microsoft by 50.0% in the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock worth $57,000 after purchasing an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Truist Financial lifted their target price on Microsoft from $650.00 to $675.00 and gave the stock a "buy" rating in a report on Monday, August 18th. Citigroup lifted their target price on Microsoft from $605.00 to $613.00 and gave the stock a "buy" rating in a report on Tuesday, July 22nd. DA Davidson lifted their target price on Microsoft from $600.00 to $650.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Wall Street Zen raised Microsoft from a "hold" rating to a "buy" rating in a report on Saturday, October 11th. Finally, Melius Research lifted their target price on Microsoft from $595.00 to $625.00 in a report on Thursday, September 25th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $618.97.

Microsoft Stock Performance

Shares of MSFT opened at $517.66 on Wednesday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35. Microsoft Corporation has a one year low of $344.79 and a one year high of $555.45. The firm has a market capitalization of $3.85 trillion, a P/E ratio of 37.95, a PEG ratio of 2.25 and a beta of 1.03. The business has a fifty day moving average of $511.49 and a 200 day moving average of $478.38.

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, beating the consensus estimate of $3.35 by $0.30. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.The business had revenue of $76.44 billion during the quarter, compared to analyst estimates of $73.79 billion. During the same quarter in the previous year, the company posted $2.95 earnings per share. Microsoft's revenue for the quarter was up 18.1% on a year-over-year basis. Microsoft has set its Q1 2026 guidance at EPS. As a group, sell-side analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.7%. This is a positive change 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 currently 24.34%.

Insider Transactions at Microsoft

In other news, EVP Takeshi Numoto sold 4,850 shares of the company's stock in a transaction dated 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 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 legal filing with the SEC, which is available at this hyperlink. Also, CEO Satya Nadella sold 149,205 shares of the company's stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $504.78, for a total value of $75,315,699.90. Following the completion of the transaction, 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. 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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