Microsoft Corporation $MSFT is Thurston Springer Miller Herd & Titak Inc.'s 2nd Largest Position

Key Points

• Thurston Springer Miller Herd & Titak Inc. has increased its stake in Microsoft by 8.3%, making it the 2nd largest position in their portfolio valued at $36.6 million.
• Microsoft reported earnings per share of $3.65 for the latest quarter, exceeding analyst expectations, with revenue reaching $76.44 billion, an increase of 18.1% year-over-year.
• The company announced an increase in its quarterly dividend to $0.91 per share, reflecting a 0.7% dividend yield, with the payout scheduled for December 11th.

Thurston Springer Miller Herd & Titak Inc. grew its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 8.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 73,577 shares of the software giant's stock after purchasing an additional 5,621 shares during the quarter. Microsoft makes up 4.7% of Thurston Springer Miller Herd & Titak Inc.'s investment portfolio, making the stock its 2nd largest position. Thurston Springer Miller Herd & Titak Inc.'s holdings in Microsoft were worth $36,604,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brady Martz Wealth Solutions LLC grew its position in Microsoft by 1.4% during the 1st quarter. Brady Martz Wealth Solutions LLC now owns 6,650 shares of the software giant's stock worth $2,496,000 after purchasing an additional 95 shares during the last quarter. Real Talk Capital LLC grew its position in Microsoft by 1.6% during the 1st quarter. Real Talk Capital LLC now owns 2,290 shares of the software giant's stock worth $860,000 after purchasing an additional 37 shares during the last quarter. Modern Wealth Management LLC lifted its stake in shares of Microsoft by 39.3% in the 1st quarter. Modern Wealth Management LLC now owns 144,852 shares of the software giant's stock worth $54,376,000 after acquiring an additional 40,860 shares during the period. Strategic Financial Services Inc. lifted its stake in shares of Microsoft by 7.8% in the 4th quarter. Strategic Financial Services Inc. now owns 17,426 shares of the software giant's stock worth $7,345,000 after acquiring an additional 1,268 shares during the period. Finally, Elevate Wealth Advisory Inc. lifted its stake in shares of Microsoft by 147.9% in the 4th quarter. Elevate Wealth Advisory Inc. now owns 1,748 shares of the software giant's stock worth $737,000 after acquiring an additional 1,043 shares during the period. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Price Performance

Shares of NASDAQ:MSFT traded up $9.48 during trading hours on Friday, hitting $517.93. 52,313,925 shares of the company's stock traded hands, compared to its average volume of 19,095,838. Microsoft Corporation has a 52 week low of $344.79 and a 52 week 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. The company's fifty day simple moving average is $511.71 and its two-hundred day simple moving average is $457.92. The company has a market cap of $3.85 trillion, a price-to-earnings ratio of 37.97, a price-to-earnings-growth ratio of 2.22 and a beta of 1.04.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The software giant reported $3.65 earnings per share for the quarter, beating 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 company had revenue of $76.44 billion during the quarter, compared to analyst estimates of $73.79 billion. During the same quarter last year, the firm posted $2.95 EPS. The business'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, equities analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be issued a $0.91 dividend. The ex-dividend date 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 dividend payout ratio is 24.34%.

Analyst Upgrades and Downgrades

MSFT has been the topic of several recent analyst reports. DA Davidson upped their target price on shares of Microsoft from $600.00 to $650.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Sanford C. Bernstein upped their price objective on Microsoft from $540.00 to $637.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. BMO Capital Markets boosted their price objective on shares of Microsoft from $550.00 to $650.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Oppenheimer boosted their price objective on shares of Microsoft from $600.00 to $630.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Finally, Truist Financial upped their target price on shares of Microsoft from $650.00 to $675.00 and gave the company a "buy" rating in a research note on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $612.54.

Insider Activity

In other Microsoft news, EVP Takeshi Numoto sold 4,850 shares of the firm'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 transaction, the executive vice president directly owned 39,111 shares in the company, valued at $20,624,012.52. This trade represents a 11.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Satya Nadella sold 149,205 shares of the firm's stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 790,852 shares of the company's stock, valued at approximately $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. Company 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.