Microsoft Corporation $MSFT Shares Purchased by State Street Corp

State Street Corp boosted its holdings in shares of Microsoft Corporation (NASDAQ:MSFT) by 2.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 315,653,206 shares of the software giant’s stock after acquiring an additional 8,944,917 shares during the quarter. Microsoft accounts for 2.3% of State Street Corp’s portfolio, making the stock its 5th biggest holding. State Street Corp’s holdings in Microsoft were worth $117,744,959,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of MSFT. Silicon Valley Capital Partners increased its stake in Microsoft by 5.5% in the second quarter. Silicon Valley Capital Partners now owns 153,778 shares of the software giant’s stock worth $57,362,000 after purchasing an additional 8,022 shares during the period. Security National Bank of Sioux City Iowa IA lifted its position in shares of Microsoft by 35.9% during the second quarter. Security National Bank of Sioux City Iowa IA now owns 22,364 shares of the software giant’s stock worth $8,342,000 after purchasing an additional 5,905 shares during the last quarter. Wellington Altus USA Inc. lifted its position in shares of Microsoft by 63.2% during the second quarter. Wellington Altus USA Inc. now owns 5,716 shares of the software giant’s stock worth $2,116,000 after purchasing an additional 2,213 shares during the last quarter. Anchor Investment Management LLC boosted its stake in shares of Microsoft by 3.7% during the second quarter. Anchor Investment Management LLC now owns 105,520 shares of the software giant’s stock valued at $39,361,000 after purchasing an additional 3,733 shares during the period. Finally, Reynders McVeigh Capital Management LLC boosted its stake in shares of Microsoft by 9.9% during the second quarter. Reynders McVeigh Capital Management LLC now owns 219,809 shares of the software giant’s stock valued at $81,993,000 after purchasing an additional 19,760 shares during the period. Institutional investors own 71.13% of the company’s stock.

Microsoft Trading Down 3.6%

NASDAQ MSFT opened at $535.93 on Friday. Microsoft Corporation has a one year low of $349.20 and a one year high of $559.15. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.21 and a current ratio of 1.22. The company has a market capitalization of $3.98 trillion, a price-to-earnings ratio of 27.97, a price-to-earnings-growth ratio of 1.64 and a beta of 1.05. The company’s 50-day simple moving average is $516.13 and its two-hundred day simple moving average is $439.80.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, October 28th. The software giant reported $4.89 earnings per share for the quarter, topping the consensus estimate of $4.72 by $0.17. The firm had revenue of $92.28 billion during the quarter, compared to analysts’ expectations of $90.62 billion. Microsoft had a net margin of 41.17% and a return on equity of 31.28%. The company’s revenue was up 18.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.13 EPS. Equities analysts forecast that Microsoft Corporation will post 19.89 EPS for the current fiscal year.

Microsoft Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be given a dividend of $0.98 per share. The ex-dividend date of this dividend is Thursday, November 19th. This is a positive change from Microsoft’s previous quarterly dividend of $0.91. This represents a $3.92 dividend on an annualized basis and a yield of 0.7%. Microsoft’s dividend payout ratio is currently 20.46%.

Analysts Set New Price Targets

A number of research analysts have recently commented on MSFT shares. Piper Sandler restated an “overweight” rating and issued a $650.00 price target (up from $610.00) on shares of Microsoft in a report on Thursday, October 29th. Citigroup reiterated a “market outperform” rating on shares of Microsoft in a report on Thursday, October 29th. Barclays boosted their price objective on shares of Microsoft from $600.00 to $610.00 and gave the company an “overweight” rating in a research report on Thursday, October 29th. Citizens Jmp upped their target price on shares of Microsoft from $550.00 to $625.00 and gave the stock a “market outperform” rating in a research note on Thursday, October 29th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $600.00 target price on shares of Microsoft in a research report on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, forty-five have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Microsoft has a consensus rating of “Moderate Buy” and a consensus target price of $609.54.

Trending Headlines about Microsoft

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Recent results provide a counterpoint: Microsoft beat quarterly earnings and revenue estimates, while strong Azure demand and AI adoption support growth in its cloud business. MSFT Q1 Earnings Call Highlights Azure Growth and AI Spending
• Neutral Sentiment: Microsoft’s decision not to take up an option to expand Nscale’s Texas data-center capacity appears connected to construction delays and tighter scrutiny of infrastructure partners. It may reflect capital discipline and project execution concerns, rather than a broad retreat from AI investment. Microsoft tightens oversight of neocloud data center projects
• Negative Sentiment: The abandoned expansion has stoked investor concerns about delayed AI capacity coming online and whether heavy data-center investment will generate sufficient cloud returns. Reports of an AI-spending shortfall have also weighed on sentiment toward infrastructure partners and Microsoft’s growth outlook. Why Microsoft Stock is Down Today
• Negative Sentiment: Technology shares sold off broadly late Thursday, adding sector-wide pressure to MSFT. Sector Update: Tech Stocks Tumble Late Afternoon

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Amy Hood sold 41,674 shares of Microsoft stock in a transaction on Monday, September 14th. The shares were sold at an average price of $498.27, for a total value of $20,764,903.98. Following the transaction, the executive vice president directly owned 533,624 shares of the company’s stock, valued at approximately $265,888,830.48. The trade was a 7.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Satya Nadella sold 86,525 shares of the company’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $501.46, for a total value of $43,388,826.50. Following the transaction, the chief executive officer directly owned 486,763 shares in the company, valued at approximately $244,092,173.98. The trade was a 15.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 135,504 shares of company stock worth $68,138,024 over the last ninety days. Corporate insiders own 0.03% of the company’s stock.

About Microsoft

Microsoft Corporation (NASDAQ:MSFT) is a global technology company that develops software, cloud services, devices and digital platforms. Its products and services are used by consumers, businesses, governments and educational institutions worldwide.

The company’s principal offerings include the Windows operating system; Microsoft 365 productivity applications such as Word, Excel, Teams and Outlook; Azure cloud computing and infrastructure services; Dynamics business applications; and enterprise security solutions.