Trust Point Inc. Boosts Position in Microsoft Corporation $MSFT

Key Points

• Trust Point Inc. increased its Microsoft Corporation holdings by 9.0% in the second quarter, now owning about $19.8 million worth of shares.
• CEO Satya Nadella sold 149,205 shares for approximately $75.3 million, reducing his ownership by 15.87%.
• Microsoft announced a quarterly dividend increase to $0.91, representing a 0.7% yield and a boost from the previous dividend of $0.83.

Trust Point Inc. boosted its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 9.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 39,888 shares of the software giant's stock after purchasing an additional 3,291 shares during the quarter. Microsoft comprises 1.9% of Trust Point Inc.'s portfolio, making the stock its 6th biggest holding. Trust Point Inc.'s holdings in Microsoft were worth $19,841,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MSFT. PMV Capital Advisers LLC grew its holdings in Microsoft by 5.9% during the 2nd quarter. PMV Capital Advisers LLC now owns 359 shares of the software giant's stock valued at $178,000 after buying an additional 20 shares in the last quarter. Guided Capital Wealth Management LLC grew its holdings in Microsoft by 0.4% during the 2nd quarter. Guided Capital Wealth Management LLC now owns 5,405 shares of the software giant's stock valued at $2,688,000 after buying an additional 21 shares in the last quarter. Birchbrook Inc. boosted its holdings in shares of Microsoft by 0.4% in the 1st quarter. Birchbrook Inc. now owns 6,326 shares of the software giant's stock worth $2,375,000 after purchasing an additional 23 shares during the period. Fosun International Ltd boosted its holdings in shares of Microsoft by 0.3% in the 1st quarter. Fosun International Ltd now owns 6,633 shares of the software giant's stock worth $2,490,000 after purchasing an additional 23 shares during the period. Finally, Gagnon Securities LLC boosted its holdings in shares of Microsoft by 3.5% in the 1st quarter. Gagnon Securities LLC now owns 704 shares of the software giant's stock worth $264,000 after purchasing an additional 24 shares during the period. Institutional investors own 71.13% of the company's stock.

Insider Buying and Selling

In other news, CEO Satya Nadella sold 149,205 shares of the business's stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 790,852 shares in the company, valued at $399,206,272.56. The trade was a 15.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Takeshi Numoto sold 4,850 shares of the business's stock in a transaction that occurred on 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 owned 39,111 shares of the company's stock, valued at $20,624,012.52. This trade represents a 11.03% 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.

Microsoft Stock Up 0.9%

Shares of MSFT stock opened at $511.46 on Friday. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $555.45. The stock's fifty day moving average price is $512.03 and its 200 day moving average price is $462.60. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35. The company has a market cap of $3.80 trillion, a price-to-earnings ratio of 37.50, a price-to-earnings-growth ratio of 2.23 and a beta of 1.04.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings results 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. The business had revenue of $76.44 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.95 EPS. Microsoft has set its Q1 2026 guidance at EPS. On average, research analysts expect that Microsoft Corporation will post 13.08 earnings per share for the current fiscal 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 given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.7%. This is a boost from Microsoft's previous quarterly dividend of $0.83. The ex-dividend date is Thursday, November 20th. Microsoft's dividend payout ratio (DPR) is presently 24.34%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on MSFT shares. Loop Capital lifted their target price on Microsoft from $550.00 to $600.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. 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. Cantor Fitzgerald lifted their target price on Microsoft from $581.00 to $639.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. TD Cowen lifted their target price on Microsoft from $580.00 to $640.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Finally, Citigroup raised their price target on Microsoft from $605.00 to $613.00 and gave the stock a "buy" rating in a research note on Tuesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $614.45.

About Microsoft

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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