Microsoft Corporation $MSFT Shares Acquired by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. boosted its stake in shares of Microsoft Corporation (NASDAQ:MSFT) by 2.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 2,209,477 shares of the software giant’s stock after buying an additional 53,968 shares during the quarter. Microsoft comprises approximately 2.3% of TD Waterhouse Canada Inc.’s investment portfolio, making the stock its 8th largest holding. TD Waterhouse Canada Inc.’s holdings in Microsoft were worth $849,478,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Bank of America Corp DE bought a new stake in Microsoft in the second quarter valued at approximately $27,338,370,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Microsoft by 0.9% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 64,375,360 shares of the software giant’s stock valued at $24,013,297,000 after purchasing an additional 543,172 shares during the period. Legal & General Group Plc bought a new position in Microsoft during the 2nd quarter worth approximately $18,306,443,000. Amundi raised its holdings in Microsoft by 30.8% during the 1st quarter. Amundi now owns 41,675,076 shares of the software giant’s stock worth $15,426,862,000 after purchasing an additional 9,814,598 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Microsoft by 10.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 29,323,744 shares of the software giant’s stock worth $10,852,884,000 after purchasing an additional 2,784,809 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Key Headlines Impacting Microsoft

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Microsoft reported earnings of $4.89 per share versus the $4.71–$4.72 consensus and revenue of $92.28 billion, up 19% year over year and above estimates of approximately $90.6 billion. Net income increased 32%, while the company extended its streak of record quarterly revenue. Microsoft Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: Azure growth accelerated to 48%, generating approximately $33.2 billion in quarterly revenue. Stronger-than-expected cloud demand suggests Microsoft’s investments in artificial intelligence and Copilot-related services are beginning to translate into significant sales and profit growth. Microsoft Azure Revenue Surges
• Neutral Sentiment: Microsoft disclosed that commercial arrangements with OpenAI produced roughly $10 billion of revenue during the quarter, highlighting the value of the partnership but also the company’s substantial financial dependence on a single AI ecosystem. Microsoft Recorded $10 Billion in Revenue From OpenAI
• Negative Sentiment: Microsoft lowered its 2026 capital-expenditure forecast to $170 billion from $175 billion, citing delays in third-party capacity. The reduction may ease cash-flow pressure, but it also raises concerns that infrastructure constraints could limit Azure growth and delay returns on AI investment. Microsoft Cuts Capex Forecast on AI Capacity Delays
• Negative Sentiment: The company is offering voluntary buyouts to roughly 60,000 employees while spending heavily on data centers. Although the effort could improve long-term efficiency, investors may view it as evidence that Microsoft is managing mounting AI-related costs. Rising interest rates also pose a valuation risk for the high-growth technology sector.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Barclays boosted their price target on shares of Microsoft from $512.00 to $600.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 13th. Jefferies Financial Group increased their price objective on shares of Microsoft from $575.00 to $650.00 and gave the stock a “buy” rating in a research report on Wednesday, October 14th. Phillip Securities downgraded shares of Microsoft from a “moderate buy” rating to a “hold” rating in a research note on Monday, October 12th. William Blair started coverage on shares of Microsoft in a report on Monday, October 5th. They issued an “outperform” rating on the stock. Finally, UBS Group upped their price target on shares of Microsoft from $525.00 to $675.00 and gave the company a “buy” rating in a research report on Thursday, October 15th. Forty-four analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $596.07.

Microsoft Stock Performance

NASDAQ:MSFT opened at $531.01 on Thursday. The company has a fifty day moving average of $511.18 and a 200-day moving average of $437.96. The firm has a market capitalization of $3.94 trillion, a P/E ratio of 29.57, a P/E/G ratio of 1.68 and a beta of 1.10. The company has a quick ratio of 1.22, a current ratio of 1.23 and a debt-to-equity ratio of 0.07. Microsoft Corporation has a twelve month low of $349.20 and a twelve month high of $551.15.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, October 28th. The software giant reported $4.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.71 by $0.18. The company had revenue of $92.28 billion for the quarter, compared to the consensus estimate of $90.62 billion. Microsoft had a net margin of 40.31% and a return on equity of 31.98%. Microsoft’s quarterly revenue was up 18.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.13 EPS. As a group, sell-side analysts anticipate that Microsoft Corporation will post 19.66 EPS for the current year.

Microsoft Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Thursday, November 19th will be paid a $0.98 dividend. This represents a $3.92 annualized dividend and a yield of 0.7%. This is an increase from Microsoft’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Thursday, November 19th. Microsoft’s payout ratio is presently 20.27%.

Insider Activity at Microsoft

In other news, EVP Takeshi Numoto sold 4,810 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $496.48, for a total transaction of $2,388,068.80. Following the transaction, the executive vice president owned 42,677 shares of the company’s stock, valued at $21,188,276.96. This represents a 10.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Judson Althoff sold 10,000 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $487.89, for a total transaction of $4,878,900.00. Following the transaction, the chief executive officer directly owned 100,447 shares in the company, valued at $49,007,086.83. This trade represents a 9.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 150,314 shares of company stock worth $75,404,992 over the last three months. 0.03% of the stock is currently owned by company insiders.

Microsoft Company Profile

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.