Thurston Springer Miller Herd & Titak Inc. Has $7.98 Million Holdings in Microsoft Corporation $MSFT

Key Points

• Thurston Springer Miller Herd & Titak increased its Microsoft stake by 29.7% in the second quarter to 21,388 shares valued at approximately $7.98 million, making Microsoft the firm’s second-largest holding. Institutional investors collectively own 71.13% of Microsoft.
• Microsoft reported quarterly EPS of $4.74 and revenue of $90.01 billion, surpassing analyst estimates, with revenue rising 17.7% year over year. The company also announced a quarterly dividend of $0.91 per share, equivalent to an annualized yield of 0.8%.
• Analysts maintain a broadly positive outlook, with 42 Buy ratings and five Holds and a consensus price target of $560.27; however, rising AI capital spending and declining free cash flow remain key investor concerns. Microsoft insiders also sold $17.3 million of stock over the past three months.

Thurston Springer Miller Herd & Titak Inc. increased its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 29.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,388 shares of the software giant's stock after acquiring an additional 4,902 shares during the quarter. Microsoft makes up about 2.9% 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 $7,979,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Markel Group Inc. lifted its position in Microsoft by 0.4% during the first quarter. Markel Group Inc. now owns 537,630 shares of the software giant's stock valued at $199,014,000 after acquiring an additional 1,950 shares during the last quarter. Bessemer Group Inc. grew its holdings in Microsoft by 8.4% in the first quarter. Bessemer Group Inc. now owns 6,921,677 shares of the software giant's stock worth $2,562,197,000 after purchasing an additional 537,634 shares during the last quarter. Taylor Securities Services Inc. purchased a new position in Microsoft in the fourth quarter worth $2,616,000. Werba Rubin Papier Wealth Management increased its position in shares of Microsoft by 15.7% during the fourth quarter. Werba Rubin Papier Wealth Management now owns 12,492 shares of the software giant's stock worth $6,041,000 after purchasing an additional 1,698 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. increased its position in shares of Microsoft by 138.8% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,356,359 shares of the software giant's stock worth $502,077,000 after purchasing an additional 788,297 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors.

Microsoft Price Performance

Shares of MSFT opened at $483.24 on Monday. The firm has a market capitalization of $3.59 trillion, a PE ratio of 26.91, a price-to-earnings-growth ratio of 1.56 and a beta of 1.10. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.23 and a quick ratio of 1.22. Microsoft Corporation has a 1-year low of $349.20 and a 1-year high of $553.72. The company's fifty day moving average price is $419.61 and its 200-day moving average price is $409.20.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its earnings results on Wednesday, July 29th. The software giant reported $4.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.24 by $0.50. The firm had revenue of $90.01 billion for the quarter, compared to the consensus estimate of $87.62 billion. Microsoft had a return on equity of 31.98% and a net margin of 40.31%.The firm's revenue was up 17.7% on a year-over-year basis. During the same period in the prior year, the firm earned $3.65 EPS. On average, equities research analysts predict that Microsoft Corporation will post 19.59 EPS for the current year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be issued a $0.91 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.8%. Microsoft's dividend payout ratio is currently 20.27%.

Insider Transactions at Microsoft

In other news, EVP Takeshi Numoto sold 4,810 shares of the firm's stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $496.48, for a total value of $2,388,068.80. Following the completion of the transaction, the executive vice president directly owned 42,677 shares in the company, valued at $21,188,276.96. This trade represents a 10.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Judson Althoff sold 15,500 shares of Microsoft stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $460.99, for a total value of $7,145,345.00. Following the sale, the chief executive officer directly owned 110,477 shares of the company's stock, valued at $50,928,792.23. This trade represents a 12.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 37,310 shares of company stock worth $17,256,219 over the last three months. Corporate insiders own 0.03% of the company's stock.

More Microsoft News

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Microsoft is reportedly preparing to launch its Maia 300 AI accelerator as soon as this fall and is discussing production with TSMC. Developing proprietary chips could reduce long-term reliance on Nvidia, improve supply-chain control, and support Microsoft’s expanding AI infrastructure. Microsoft’s Betting Big on Its Own AI Chips
• Positive Sentiment: Meta has reportedly become one of Microsoft’s largest Azure AI customers, spending hundreds of millions of dollars annually and consuming substantial computing capacity. The relationship reinforces evidence that enterprise demand is translating into Azure revenue. Meta Emerges as a Major Microsoft Azure AI Client
• Positive Sentiment: Microsoft raised its quarterly dividend to $0.91 per share, while Azure revenue reportedly surpassed $100 billion. Analysts and financial commentators also highlighted a roughly $678 billion backlog and continued strong demand for cloud and AI services. Microsoft Raises Dividend as AI Capital Spending Hits Record Levels
• Neutral Sentiment: Microsoft approved the Horizon 1 Texas data-center project involving IREN, potentially expanding capacity available for AI workloads. The development is strategically relevant, although the near-term financial benefit to Microsoft remains unclear. Microsoft Accepts Horizon 1
• Negative Sentiment: Annual capital spending has climbed nearly 80% to about $115.9 billion, while free cash flow declined. Investors remain focused on whether AI revenue growth will generate adequate returns on this spending. Microsoft Spent $115.9 Billion on AI
• Negative Sentiment: TCI Management reportedly exited its Microsoft position and increased its Alphabet stake, adding a notable institutional-selling signal. Separately, commentary warned that Microsoft’s valuation depends on optimistic earnings forecasts, while higher bond yields could reduce the present value of future AI profits. TCI Exits Microsoft

Analyst Upgrades and Downgrades

MSFT has been the subject of a number of recent analyst reports. China Renaissance lowered their price objective on Microsoft from $630.00 to $550.00 and set a "buy" rating for the company in a research report on Monday, May 4th. DA Davidson reaffirmed a "buy" rating and set a $550.00 target price on shares of Microsoft in a research report on Thursday, July 30th. Morgan Stanley reiterated an "overweight" rating on shares of Microsoft in a research note on Thursday, July 30th. Tigress Financial raised their price target on Microsoft from $680.00 to $690.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. Finally, BNP Paribas Exane dropped their price target on Microsoft from $556.00 to $555.00 and set an "outperform" rating on the stock in a research note on Friday, May 1st. Forty-two research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $560.27.

Microsoft Company Profile

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft's product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

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