Microsoft Corporation $MSFT is Palmer Knight Co’s 4th Largest Position

Palmer Knight Co trimmed its position in Microsoft Corporation (NASDAQ:MSFT) by 1.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,524 shares of the software giant’s stock after selling 249 shares during the period. Microsoft makes up approximately 3.9% of Palmer Knight Co’s holdings, making the stock its 4th biggest holding. Palmer Knight Co’s holdings in Microsoft were worth $9,214,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MSFT. PMV Capital Advisers LLC raised its stake in Microsoft by 5.9% in the second 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 during the last quarter. Seek First Inc. raised its position in shares of Microsoft by 1.5% in the 2nd quarter. Seek First Inc. now owns 1,358 shares of the software giant’s stock valued at $675,000 after purchasing an additional 20 shares during the last quarter. Level Financial Advisors boosted its stake in Microsoft by 0.8% in the 2nd quarter. Level Financial Advisors now owns 2,680 shares of the software giant’s stock worth $1,333,000 after purchasing an additional 20 shares in the last quarter. Red Mountain Financial LLC grew its position in Microsoft by 0.7% during the 2nd quarter. Red Mountain Financial LLC now owns 2,761 shares of the software giant’s stock worth $1,373,000 after purchasing an additional 20 shares during the last quarter. Finally, Onyx Financial Advisors LLC increased its stake in Microsoft by 0.3% during the 2nd quarter. Onyx Financial Advisors LLC now owns 7,108 shares of the software giant’s stock valued at $3,536,000 after purchasing an additional 20 shares in the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, 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 sale, the chief executive officer directly owned 790,852 shares in the company, valued at $399,206,272.56. This trade represents a 15.87% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Bradford L. Smith sold 38,500 shares of Microsoft stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $518.64, for a total value of $19,967,640.00. Following the completion of the transaction, the insider owned 461,597 shares of the company’s stock, valued at approximately $239,402,668.08. This represents a 7.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on MSFT. Cowen reiterated a “buy” rating on shares of Microsoft in a research note on Friday, October 24th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $630.00 price target on shares of Microsoft in a research report on Tuesday, October 28th. Baird R W raised Microsoft to a “strong-buy” rating in a report on Friday. TD Cowen upped their target price on Microsoft from $640.00 to $655.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Finally, Wolfe Research set a $675.00 price target on shares of Microsoft and gave the stock an “outperform” rating in a research report on Tuesday, October 28th. Two analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $633.59.

Microsoft Trading Up 1.4%

Microsoft stock opened at $510.18 on Monday. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.12. Microsoft Corporation has a 12 month low of $344.79 and a 12 month high of $555.45. The stock’s 50 day simple moving average is $514.26 and its two-hundred day simple moving average is $497.34. The firm has a market cap of $3.79 trillion, a PE ratio of 36.29, a P/E/G ratio of 2.36 and a beta of 1.02.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, October 29th. The software giant reported $4.13 EPS for the quarter, topping analysts’ consensus estimates of $3.65 by $0.48. Microsoft had a net margin of 35.71% and a return on equity of 33.47%. The business had revenue of $77.67 billion for the quarter, compared to analysts’ expectations of $75.49 billion. During the same quarter last year, the company earned $3.30 EPS. The business’s revenue was up 18.4% on a year-over-year basis. Microsoft has set its Q2 2026 guidance at EPS. Analysts anticipate that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders 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 an increase from Microsoft’s previous quarterly dividend of $0.83. The ex-dividend date is Thursday, November 20th. Microsoft’s payout ratio is currently 25.89%.

Microsoft Company 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.