Microsoft Co. (NASDAQ:MSFT) Position Boosted by Triton Wealth Management PLLC

Triton Wealth Management PLLC grew its holdings in Microsoft Co. (NASDAQ:MSFT) by 0.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,864 shares of the software giant’s stock after purchasing an additional 28 shares during the period. Microsoft comprises 1.4% of Triton Wealth Management PLLC’s portfolio, making the stock its 11th largest holding. Triton Wealth Management PLLC’s holdings in Microsoft were worth $2,167,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Iron Horse Wealth Management LLC increased its position in Microsoft by 89.0% in the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock worth $70,000 after purchasing an additional 105 shares during the last quarter. Authentikos Wealth Advisory LLC acquired a new position in Microsoft in the third quarter worth approximately $87,000. Family CFO Inc raised its position in Microsoft by 13.6% during the third quarter. Family CFO Inc now owns 359 shares of the software giant’s stock valued at $113,000 after acquiring an additional 43 shares in the last quarter. Cordant Inc. grew its position in Microsoft by 647.8% in the fourth quarter. Cordant Inc. now owns 344 shares of the software giant’s stock worth $129,000 after acquiring an additional 298 shares in the last quarter. Finally, Life Planning Partners Inc acquired a new position in shares of Microsoft during the 4th quarter worth $146,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Stock Performance

NASDAQ:MSFT opened at $402.25 on Tuesday. The stock has a market capitalization of $2.99 trillion, a P/E ratio of 34.83, a price-to-earnings-growth ratio of 2.18 and a beta of 0.89. Microsoft Co. has a 1 year low of $303.40 and a 1 year high of $430.82. The firm has a 50 day moving average of $414.45 and a 200-day moving average of $389.01. The company has a current ratio of 1.24, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, topping analysts’ consensus estimates of $2.81 by $0.13. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The firm had revenue of $61.86 billion for the quarter, compared to analyst estimates of $60.86 billion. During the same quarter in the prior year, the firm earned $2.45 EPS. The company’s revenue was up 17.0% on a year-over-year basis. As a group, sell-side analysts anticipate that Microsoft Co. will post 11.71 EPS for the current fiscal year.

Microsoft Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts recently issued reports on MSFT shares. BMO Capital Markets lifted their price objective on shares of Microsoft from $455.00 to $465.00 and gave the company an “outperform” rating in a research note on Friday, April 12th. Sanford C. Bernstein boosted their price target on Microsoft from $465.00 to $489.00 and gave the stock an “outperform” rating in a research report on Friday. Macquarie increased their price objective on Microsoft from $430.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday, January 31st. Wedbush reissued an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a research note on Friday. Finally, Barclays upped their target price on Microsoft from $421.00 to $475.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. Three analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $452.61.

Insiders Place Their Bets

In other news, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total value of $1,950,000.00. Following the completion of the sale, the insider now directly owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Microsoft news, major shareholder Corp Microsoft sold 1,000,000 shares of the company’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the transaction, the insider now directly owns 11,677,398 shares in the company, valued at approximately $22,770,926.10. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Bradford L. Smith sold 45,000 shares of Microsoft stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $411.78, for a total transaction of $18,530,100.00. Following the sale, the insider now owns 574,129 shares of the company’s stock, valued at approximately $236,414,839.62. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,070,258 shares of company stock valued at $30,690,456. 0.03% of the stock is currently owned by corporate insiders.

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.