Canvas Wealth Advisors LLC boosted its stake in Microsoft Corporation (NASDAQ:MSFT – Free Report) by 0.8% in the second quarter, Holdings Channel reports. The institutional investor owned 62,527 shares of the software giant’s stock after acquiring an additional 514 shares during the quarter. Microsoft makes up approximately 6.5% of Canvas Wealth Advisors LLC’s holdings, making the stock its largest position. Canvas Wealth Advisors LLC’s holdings in Microsoft were worth $32,045,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of MSFT. Schnieders Capital Management LLC. increased its stake in shares of Microsoft by 4.2% in the second quarter. Schnieders Capital Management LLC. now owns 110,674 shares of the software giant’s stock worth $55,050,000 after acquiring an additional 4,495 shares during the last quarter. Alan B Lancz & Associates Inc. grew its stake in Microsoft by 2.2% in the second quarter. Alan B Lancz & Associates Inc. now owns 11,743 shares of the software giant’s stock valued at $5,841,000 after purchasing an additional 250 shares in the last quarter. CORDA Investment Management LLC. increased its position in Microsoft by 1.4% in the 2nd quarter. CORDA Investment Management LLC. now owns 24,957 shares of the software giant’s stock worth $12,414,000 after purchasing an additional 341 shares during the last quarter. Family Capital Trust Co raised its stake in shares of Microsoft by 13.0% during the 2nd quarter. Family Capital Trust Co now owns 9,238 shares of the software giant’s stock worth $4,595,000 after purchasing an additional 1,062 shares in the last quarter. Finally, CMG Global Holdings LLC lifted its holdings in shares of Microsoft by 14.5% during the 2nd quarter. CMG Global Holdings LLC now owns 6,479 shares of the software giant’s stock valued at $3,321,000 after buying an additional 820 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Microsoft news, CEO Satya Nadella sold 149,205 shares of Microsoft 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 transaction, the chief executive officer directly owned 790,852 shares of the company’s stock, valued at $399,206,272.56. The trade was a 15.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Bradford L. Smith sold 38,500 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $518.64, for a total value of $19,967,640.00. Following the transaction, the insider owned 461,597 shares of the company’s stock, valued at approximately $239,402,668.08. This trade represents a 7.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.03% of the company’s stock.
Microsoft Stock Performance
Microsoft (NASDAQ:MSFT – Get Free Report) last released its quarterly earnings results on Wednesday, October 29th. The software giant reported $4.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.65 by $0.48. The company had revenue of $77.67 billion during the quarter, compared to analysts’ expectations of $75.49 billion. Microsoft had a net margin of 35.71% and a return on equity of 33.47%. The business’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same period in the prior year, the company earned $3.30 earnings per share. Microsoft has set its Q2 2026 guidance at EPS. On average, sell-side analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current year.
Microsoft Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be issued a $0.91 dividend. This is an increase from Microsoft’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $3.64 dividend on an annualized basis and a yield of 0.7%. Microsoft’s payout ratio is 25.89%.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on MSFT shares. Stifel Nicolaus set a $640.00 price objective on Microsoft in a report on Thursday, October 30th. Scotiabank increased their price target on shares of Microsoft from $500.00 to $650.00 and gave the stock a “sector outperform” rating in a research note on Thursday, July 31st. Wedbush restated an “outperform” rating and set a $625.00 price target on shares of Microsoft in a report on Wednesday, October 22nd. Barclays reaffirmed an “overweight” rating and issued a $625.00 price objective on shares of Microsoft in a research note on Friday, August 29th. Finally, Guggenheim raised shares of Microsoft from a “neutral” rating to a “buy” rating and set a $586.00 target price on the stock in a research report on Monday, October 27th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $632.05.
Get Our Latest Research Report on Microsoft
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.
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