Spirit of America Management Corp NY Trims Stock Position in Microsoft Corporation $MSFT

Spirit of America Management Corp NY lowered its position in shares of Microsoft Corporation (NASDAQ:MSFT) by 1.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,299 shares of the software giant’s stock after selling 200 shares during the period. Microsoft comprises about 2.0% of Spirit of America Management Corp NY’s holdings, making the stock its 3rd largest holding. Spirit of America Management Corp NY’s holdings in Microsoft were worth $9,600,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Bulwark Capital Corp purchased a new position in shares of Microsoft during the second quarter worth approximately $32,000. Westend Capital Management LLC boosted its stake in shares of Microsoft by 386.7% in the 2nd quarter. Westend Capital Management LLC now owns 73 shares of the software giant’s stock valued at $36,000 after purchasing an additional 58 shares in the last quarter. Newton One Investments LLC grew its holdings in shares of Microsoft by 66.7% during the 1st quarter. Newton One Investments LLC now owns 75 shares of the software giant’s stock valued at $28,000 after purchasing an additional 30 shares during the last quarter. LSV Asset Management purchased a new position in Microsoft in the 4th quarter worth $44,000. Finally, PayPay Securities Corp lifted its stake in Microsoft by 29.9% in the second quarter. PayPay Securities Corp now owns 126 shares of the software giant’s stock worth $63,000 after purchasing an additional 29 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Price Performance

Shares of MSFT stock opened at $510.18 on Monday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.35 and a current ratio of 1.35. Microsoft Corporation has a fifty-two week low of $344.79 and a fifty-two week high of $555.45. The firm has a market cap of $3.79 trillion, a P/E ratio of 36.29, a P/E/G ratio of 2.36 and a beta of 1.02. The business’s 50 day moving average price is $514.26 and its 200-day moving average price is $497.34.

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

Microsoft Increases Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $3.64 annualized dividend and a dividend yield of 0.7%. This is a positive change from Microsoft’s previous quarterly dividend of $0.83. Microsoft’s dividend payout ratio is 25.89%.

Insider Transactions at Microsoft

In related news, CEO Satya Nadella sold 149,205 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $504.78, for a total transaction of $75,315,699.90. Following the transaction, the chief executive officer 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Bradford L. Smith sold 38,500 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $518.64, for a total transaction of $19,967,640.00. Following the completion of the transaction, the insider directly owned 461,597 shares of the company’s stock, valued at approximately $239,402,668.08. The trade was a 7.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Baird R W raised Microsoft to a “strong-buy” rating in a research note on Friday. Jefferies Financial Group restated a “buy” rating on shares of Microsoft in a report on Friday, October 24th. Guggenheim upgraded Microsoft from a “neutral” rating to a “buy” rating and set a $586.00 price target on the stock in a research report on Monday, October 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of Microsoft in a research report on Wednesday, October 8th. Finally, Morgan Stanley increased their price objective on Microsoft from $625.00 to $650.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $633.59.

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.