Microsoft Co. (NASDAQ:MSFT) is Cadinha & Co. LLC’s 7th Largest Position

Cadinha & Co. LLC grew its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 41.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 54,175 shares of the software giant’s stock after acquiring an additional 15,919 shares during the quarter. Microsoft accounts for approximately 3.3% of Cadinha & Co. LLC’s holdings, making the stock its 7th biggest holding. Cadinha & Co. LLC’s holdings in Microsoft were worth $20,372,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Lodestone Wealth Management LLC lifted its position in Microsoft by 0.5% in the third quarter. Lodestone Wealth Management LLC now owns 14,103 shares of the software giant’s stock valued at $4,453,000 after purchasing an additional 68 shares during the last quarter. Caliber Wealth Management LLC increased its stake in shares of Microsoft by 3.7% in the third quarter. Caliber Wealth Management LLC now owns 8,888 shares of the software giant’s stock worth $2,806,000 after buying an additional 316 shares during the period. Smith & Howard Wealth Management LLC raised its holdings in Microsoft by 2.8% during the 3rd quarter. Smith & Howard Wealth Management LLC now owns 3,888 shares of the software giant’s stock valued at $1,228,000 after buying an additional 107 shares during the last quarter. Stordahl Capital Management Inc. boosted its position in Microsoft by 2.3% during the 3rd quarter. Stordahl Capital Management Inc. now owns 3,742 shares of the software giant’s stock valued at $1,182,000 after buying an additional 85 shares during the period. Finally, Insight Wealth Strategies LLC grew its holdings in Microsoft by 3.8% in the 3rd quarter. Insight Wealth Strategies LLC now owns 14,369 shares of the software giant’s stock worth $4,537,000 after acquiring an additional 524 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently weighed in on MSFT. DA Davidson reiterated a “buy” rating and set a $500.00 target price on shares of Microsoft in a report on Friday, March 15th. UBS Group reiterated a “buy” rating and issued a $480.00 price objective on shares of Microsoft in a research report on Wednesday, April 10th. Wells Fargo & Company upped their target price on Microsoft from $480.00 to $500.00 and gave the company an “overweight” rating in a report on Friday. Jefferies Financial Group lifted their price target on shares of Microsoft from $465.00 to $550.00 and gave the company a “buy” rating in a report on Monday, April 1st. Finally, Raymond James restated an “outperform” rating and issued a $480.00 price objective (up from $450.00) on shares of Microsoft in a report on Friday. Three equities research analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $452.61.

Microsoft Stock Performance

MSFT stock opened at $406.32 on Monday. Microsoft Co. has a 1 year low of $295.25 and a 1 year high of $430.82. The company has a market cap of $3.02 trillion, a P/E ratio of 35.18, a price-to-earnings-growth ratio of 2.20 and a beta of 0.89. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.22 and a quick ratio of 1.20. The stock’s fifty day moving average price is $414.48 and its 200-day moving average price is $388.51.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.81 by $0.13. The company had revenue of $61.86 billion during the quarter, compared to analyst estimates of $60.86 billion. Microsoft had a net margin of 36.43% and a return on equity of 38.87%. The firm’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same period in the previous year, the business posted $2.45 earnings per share. On average, equities analysts forecast that Microsoft Co. will post 11.71 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $3.00 annualized dividend and a yield of 0.74%. Microsoft’s dividend payout ratio (DPR) is presently 25.97%.

Insider Buying and Selling at Microsoft

In other news, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the transaction, the executive vice president now directly owns 159,764 shares of the company’s stock, valued at approximately $64,538,265.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, insider Bradford L. Smith sold 45,000 shares of the firm’s stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $411.78, for a total transaction of $18,530,100.00. Following the sale, the insider now directly owns 574,129 shares in the company, valued at approximately $236,414,839.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kathleen T. Hogan sold 21,955 shares of the company’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the completion of the transaction, the executive vice president now directly 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. Over the last quarter, insiders sold 1,070,258 shares of company stock valued at $30,690,456. Company 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.