Lindenwold Advisors INC Raises Holdings in Microsoft Co. (NASDAQ:MSFT)

Lindenwold Advisors INC lifted its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 0.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,329 shares of the software giant’s stock after acquiring an additional 124 shares during the quarter. Microsoft makes up 4.3% of Lindenwold Advisors INC’s portfolio, making the stock its 3rd biggest position. Lindenwold Advisors INC’s holdings in Microsoft were worth $7,014,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Affiance Financial LLC boosted its position in Microsoft by 0.3% during the first quarter. Affiance Financial LLC now owns 10,362 shares of the software giant’s stock valued at $2,988,000 after purchasing an additional 35 shares during the last quarter. Henrickson Nauta Wealth Advisors Inc. boosted its position in Microsoft by 1.3% during the first quarter. Henrickson Nauta Wealth Advisors Inc. now owns 2,898 shares of the software giant’s stock valued at $835,000 after purchasing an additional 36 shares during the last quarter. Forbes Financial Planning Inc. boosted its position in Microsoft by 2.0% during the first quarter. Forbes Financial Planning Inc. now owns 1,845 shares of the software giant’s stock valued at $532,000 after purchasing an additional 36 shares during the last quarter. Rede Wealth LLC raised its holdings in Microsoft by 0.4% during the first quarter. Rede Wealth LLC now owns 9,653 shares of the software giant’s stock valued at $2,783,000 after buying an additional 37 shares in the last quarter. Finally, New England Capital Financial Advisors LLC raised its holdings in Microsoft by 2.4% during the first quarter. New England Capital Financial Advisors LLC now owns 1,652 shares of the software giant’s stock valued at $476,000 after buying an additional 38 shares in the last quarter. Hedge funds and other institutional investors own 69.20% of the company’s stock.

Microsoft Stock Up 0.3 %

Shares of MSFT opened at $328.66 on Friday. The company has a market capitalization of $2.44 trillion, a P/E ratio of 33.92, a PEG ratio of 2.38 and a beta of 0.90. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.77 and a quick ratio of 1.75. Microsoft Co. has a one year low of $213.43 and a one year high of $366.78. The business’s 50 day simple moving average is $332.77 and its 200-day simple moving average is $307.81.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Tuesday, July 25th. The software giant reported $2.69 EPS for the quarter, topping the consensus estimate of $2.55 by $0.14. The business had revenue of $56.19 billion for the quarter, compared to the consensus estimate of $55.49 billion. Microsoft had a return on equity of 38.70% and a net margin of 34.15%. Microsoft’s revenue was up 8.3% compared to the same quarter last year. During the same period in the previous year, the business earned $2.23 EPS. As a group, sell-side analysts predict that Microsoft Co. will post 10.9 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 14th. Stockholders of record on Thursday, August 17th will be issued a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 0.83%. The ex-dividend date is Wednesday, August 16th. Microsoft’s payout ratio is currently 28.07%.

Insider Transactions at Microsoft

In other news, insider Bradford L. Smith sold 50,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the insider now directly owns 588,084 shares of the company’s stock, valued at approximately $198,301,924.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.03% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

MSFT has been the topic of several recent research reports. Raymond James raised their target price on Microsoft from $320.00 to $400.00 and gave the company an “outperform” rating in a report on Monday, July 24th. Evercore ISI raised their target price on Microsoft from $337.00 to $400.00 in a report on Friday, June 2nd. Tigress Financial lifted their price objective on Microsoft from $411.00 to $433.00 and gave the stock a “buy” rating in a research note on Wednesday, August 2nd. Barclays lifted their price objective on Microsoft from $336.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 19th. Finally, Wells Fargo & Company lifted their price objective on Microsoft from $380.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 19th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and thirty-three have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $373.68.

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.