Microsoft Co. (NASDAQ:MSFT) is Venturi Wealth Management LLC’s 10th Largest Position

Venturi Wealth Management LLC increased its stake in Microsoft Co. (NASDAQ:MSFT) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 72,496 shares of the software giant’s stock after purchasing an additional 662 shares during the period. Microsoft makes up approximately 1.9% of Venturi Wealth Management LLC’s portfolio, making the stock its 10th biggest holding. Venturi Wealth Management LLC’s holdings in Microsoft were worth $27,261,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hibernia Wealth Partners LLC purchased a new stake in Microsoft during the third quarter valued at about $69,000. Iron Horse Wealth Management LLC lifted its stake in shares of Microsoft by 89.0% in the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock valued at $70,000 after acquiring an additional 105 shares during the last quarter. Authentikos Wealth Advisory LLC purchased a new stake in Microsoft during the 3rd quarter valued at about $87,000. Family CFO Inc grew its position in Microsoft by 13.6% during the 3rd quarter. Family CFO Inc now owns 359 shares of the software giant’s stock worth $113,000 after acquiring an additional 43 shares during the last quarter. Finally, Cordant Inc. increased its stake in Microsoft by 647.8% in the 4th quarter. Cordant Inc. now owns 344 shares of the software giant’s stock worth $129,000 after purchasing an additional 298 shares during the period. 71.13% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Microsoft

In related news, insider Bradford L. Smith sold 3,303 shares of Microsoft stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $406.12, for a total transaction of $1,341,414.36. Following the sale, the insider now owns 570,826 shares of the company’s stock, valued at approximately $231,823,855.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Bradford L. Smith sold 3,303 shares of the stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $406.12, for a total value of $1,341,414.36. Following the sale, the insider now directly owns 570,826 shares of the company’s stock, valued at approximately $231,823,855.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $403.96, for a total value of $8,868,941.80. Following the transaction, the executive vice president now owns 159,764 shares of the company’s stock, valued at approximately $64,538,265.44. The disclosure for this sale can be found here. Insiders sold a total of 1,070,258 shares of company stock valued at $30,690,456 over the last three months. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

MSFT has been the topic of several analyst reports. BMO Capital Markets lifted their target price on shares of Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a research note on Friday, April 12th. Royal Bank of Canada raised their target price on Microsoft from $415.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 31st. Citigroup dropped their price target on Microsoft from $480.00 to $475.00 and set a “buy” rating for the company in a research note on Thursday, April 18th. Piper Sandler reiterated an “overweight” rating and set a $455.00 target price on shares of Microsoft in a report on Thursday, January 25th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $455.00 price target on shares of Microsoft in a research note on Monday. Four investment analysts have rated the stock with a hold rating and thirty-five have assigned a buy rating to the company. Based on data from MarketBeat.com, Microsoft currently has an average rating of “Moderate Buy” and a consensus price target of $434.05.

Microsoft Stock Up 1.6 %

Shares of MSFT stock opened at $407.57 on Wednesday. The company has a 50 day simple moving average of $414.60 and a two-hundred day simple moving average of $386.93. The stock has a market cap of $3.03 trillion, a P/E ratio of 36.85, a P/E/G ratio of 2.16 and a beta of 0.89. Microsoft Co. has a 12 month low of $275.37 and a 12 month high of $430.82. The company has a current ratio of 1.22, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Tuesday, January 30th. The software giant reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.76 by $0.17. The business had revenue of $62.02 billion during the quarter, compared to analysts’ expectations of $61.14 billion. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. The business’s quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.32 earnings per share. On average, research analysts expect that Microsoft Co. will post 11.61 earnings per share for the current year.

Microsoft Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 16th will be given a $0.75 dividend. The ex-dividend date is Wednesday, May 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.74%. Microsoft’s payout ratio is currently 27.12%.

About Microsoft

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.