Tilia Fiduciary Partners Inc. raised its stake in Microsoft Co. (NASDAQ:MSFT – Free Report) by 2.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,059 shares of the software giant’s stock after acquiring an additional 275 shares during the period. Microsoft makes up about 3.4% of Tilia Fiduciary Partners Inc.’s portfolio, making the stock its 2nd biggest holding. Tilia Fiduciary Partners Inc.’s holdings in Microsoft were worth $3,766,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently modified their holdings of the stock. DGS Capital Management LLC increased its stake in shares of Microsoft by 19.9% in the 1st quarter. DGS Capital Management LLC now owns 14,342 shares of the software giant’s stock valued at $4,422,000 after purchasing an additional 2,383 shares during the last quarter. IFM Investors Pty Ltd grew its holdings in shares of Microsoft by 20.8% during the 1st quarter. IFM Investors Pty Ltd now owns 1,138,469 shares of the software giant’s stock valued at $351,001,000 after purchasing an additional 196,338 shares during the last quarter. Altus Wealth Group LLC lifted its stake in Microsoft by 1.2% in the 1st quarter. Altus Wealth Group LLC now owns 12,712 shares of the software giant’s stock valued at $3,919,000 after purchasing an additional 152 shares during the last quarter. Powell Investment Advisors LLC grew its stake in shares of Microsoft by 16.2% during the first quarter. Powell Investment Advisors LLC now owns 2,578 shares of the software giant’s stock worth $795,000 after buying an additional 359 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC increased its holdings in shares of Microsoft by 8.2% during the first quarter. Onyx Bridge Wealth Group LLC now owns 6,782 shares of the software giant’s stock worth $1,921,000 after buying an additional 512 shares in the last quarter. 69.20% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
MSFT has been the subject of a number of research reports. Guggenheim upgraded shares of Microsoft from a “sell” rating to a “neutral” rating in a report on Monday. JPMorgan Chase & Co. reiterated an “overweight” rating and set a $385.00 price target on shares of Microsoft in a report on Friday, September 22nd. KeyCorp raised their target price on Microsoft from $340.00 to $400.00 in a research report on Tuesday, July 18th. Piper Sandler reiterated an “overweight” rating and issued a $400.00 price target on shares of Microsoft in a research report on Wednesday, July 26th. Finally, Stifel Nicolaus lifted their price objective on Microsoft from $320.00 to $380.00 and gave the stock a “buy” rating in a research note on Thursday, July 20th. Five equities research analysts have rated the stock with a hold rating and thirty-four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Microsoft currently has a consensus rating of “Moderate Buy” and an average price target of $375.03.
Microsoft Price Performance
Shares of NASDAQ:MSFT opened at $313.64 on Friday. Microsoft Co. has a fifty-two week low of $213.43 and a fifty-two week high of $366.78. The company’s 50-day moving average is $327.59 and its 200 day moving average is $317.25. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.75 and a current ratio of 1.77. The company has a market capitalization of $2.33 trillion, a P/E ratio of 32.37, a price-to-earnings-growth ratio of 2.30 and a beta of 0.90.
Microsoft (NASDAQ:MSFT – Get Free Report) last issued its quarterly earnings results on Tuesday, July 25th. The software giant reported $2.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.55 by $0.14. Microsoft had a net margin of 34.15% and a return on equity of 38.70%. The company had revenue of $56.19 billion during the quarter, compared to analyst estimates of $55.49 billion. During the same quarter last year, the business posted $2.23 EPS. Microsoft’s quarterly revenue was up 8.3% compared to the same quarter last year. On average, equities research analysts forecast that Microsoft Co. will post 10.9 earnings per share for the current year.
Microsoft Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 16th will be paid a $0.75 dividend. The ex-dividend date of this dividend is Wednesday, November 15th. This is a positive change from Microsoft’s previous quarterly dividend of $0.68. This represents a $3.00 annualized dividend and a dividend yield of 0.96%. Microsoft’s payout ratio is presently 28.07%.
Insider Activity
In related news, insider Bradford L. Smith sold 50,000 shares of Microsoft stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $337.20, for a total value of $16,860,000.00. Following the completion of the sale, the insider now owns 588,084 shares of the company’s stock, valued at approximately $198,301,924.80. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, CEO Satya Nadella sold 38,234 shares of the company’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $328.43, for a total transaction of $12,557,192.62. Following the sale, the chief executive officer now directly owns 800,668 shares in the company, valued at approximately $262,963,391.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Bradford L. Smith sold 50,000 shares of Microsoft stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $337.20, for a total transaction of $16,860,000.00. Following the completion of the transaction, the insider now owns 588,084 shares of the company’s stock, valued at $198,301,924.80. The disclosure for this sale can be found here. Insiders have sold 115,049 shares of company stock valued at $38,195,619 in the last 90 days. Insiders own 0.03% of the company’s stock.
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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