Amalgamated Bank Has $819.75 Million Stock Position in Microsoft Corporation $MSFT

Amalgamated Bank raised its position in Microsoft Corporation (NASDAQ:MSFT) by 2.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,648,034 shares of the software giant’s stock after purchasing an additional 41,515 shares during the period. Microsoft makes up 6.3% of Amalgamated Bank’s investment portfolio, making the stock its 2nd biggest holding. Amalgamated Bank’s holdings in Microsoft were worth $819,749,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Atria Investments Inc raised its position in Microsoft by 1.4% in the 2nd quarter. Atria Investments Inc now owns 424,749 shares of the software giant’s stock valued at $211,274,000 after buying an additional 6,046 shares during the last quarter. Spinnaker Trust grew its stake in shares of Microsoft by 1.6% during the 2nd quarter. Spinnaker Trust now owns 115,732 shares of the software giant’s stock worth $57,566,000 after acquiring an additional 1,796 shares in the last quarter. Savvy Advisors Inc. raised its holdings in shares of Microsoft by 50.5% in the second quarter. Savvy Advisors Inc. now owns 86,829 shares of the software giant’s stock valued at $43,190,000 after purchasing an additional 29,141 shares during the last quarter. Live Oak Private Wealth LLC lifted its position in shares of Microsoft by 2.3% in the second quarter. Live Oak Private Wealth LLC now owns 42,086 shares of the software giant’s stock worth $20,934,000 after purchasing an additional 929 shares in the last quarter. Finally, Fortune 45 LLC lifted its position in shares of Microsoft by 1.6% in the second quarter. Fortune 45 LLC now owns 3,136 shares of the software giant’s stock worth $1,560,000 after purchasing an additional 48 shares in the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have issued reports on MSFT shares. Evercore ISI set a $640.00 price target on shares of Microsoft in a research note on Thursday, October 30th. Wells Fargo & Company lifted their target price on Microsoft from $675.00 to $700.00 and gave the company an “overweight” rating in a research report on Thursday, October 30th. The Goldman Sachs Group reiterated a “buy” rating and set a $630.00 target price on shares of Microsoft in a report on Tuesday, October 28th. Piper Sandler restated an “overweight” rating and issued a $650.00 price target on shares of Microsoft in a research note on Thursday, October 30th. Finally, UBS Group reiterated a “buy” rating and set a $650.00 price objective on shares of Microsoft in a research note on Thursday, October 30th. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $634.33.

Microsoft Price Performance

NASDAQ:MSFT opened at $492.12 on Monday. The company has a market cap of $3.66 trillion, a P/E ratio of 35.00, a P/E/G ratio of 2.36 and a beta of 1.02. The firm’s fifty day moving average price is $509.95 and its two-hundred day moving average price is $500.59. Microsoft Corporation has a one year low of $344.79 and a one year high of $555.45. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, October 29th. The software giant reported $4.13 EPS for the quarter, beating the consensus estimate of $3.65 by $0.48. The company had revenue of $77.67 billion for the quarter, compared to the consensus estimate of $75.49 billion. Microsoft had a return on equity of 33.47% and a net margin of 35.71%.The firm’s revenue for the quarter was up 18.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.30 earnings per share. Microsoft has set its Q2 2026 guidance at EPS. Equities analysts expect 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 dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, November 20th. This is a positive change from Microsoft’s previous quarterly dividend of $0.83. Microsoft’s dividend payout ratio (DPR) is 25.89%.

Insiders Place Their Bets

In other Microsoft news, CEO Satya Nadella sold 149,205 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer 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 the company’s stock in a transaction on 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 sale, the insider 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. The SEC filing for this sale provides additional information. 0.03% of the stock is currently owned by company insiders.

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.