Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Adamsbrown Wealth Consultants LLC

Adamsbrown Wealth Consultants LLC increased its position in shares of Microsoft Co. (NASDAQ:MSFT) by 3.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,433 shares of the software giant’s stock after acquiring an additional 204 shares during the period. Microsoft comprises 0.9% of Adamsbrown Wealth Consultants LLC’s investment portfolio, making the stock its 16th biggest position. Adamsbrown Wealth Consultants LLC’s holdings in Microsoft were worth $2,043,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of MSFT. Iron Horse Wealth Management LLC increased its holdings in Microsoft by 89.0% during 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 period. Authentikos Wealth Advisory LLC purchased a new stake in Microsoft during the 3rd quarter worth about $87,000. Family CFO Inc increased its holdings in shares of Microsoft by 13.6% in the 3rd quarter. Family CFO Inc now owns 359 shares of the software giant’s stock valued at $113,000 after acquiring an additional 43 shares during the last quarter. Cordant Inc. increased its holdings in shares of Microsoft by 647.8% in the 4th quarter. Cordant Inc. now owns 344 shares of the software giant’s stock valued at $129,000 after acquiring an additional 298 shares during the last quarter. Finally, Life Planning Partners Inc purchased a new position in shares of Microsoft in the 4th quarter valued at about $146,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Stock Up 0.3 %

NASDAQ:MSFT opened at $410.54 on Thursday. The firm has a market capitalization of $3.05 trillion, a PE ratio of 35.54, a price-to-earnings-growth ratio of 2.15 and a beta of 0.89. The stock has a 50 day moving average of $413.84 and a 200-day moving average of $392.05. Microsoft Co. has a 52 week low of $306.26 and a 52 week high of $430.82. 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 posted its earnings results on Thursday, April 25th. The software giant reported $2.94 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 return on equity of 37.54% and a net margin of 36.43%. The business’s revenue was up 17.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.45 earnings per share. Analysts predict that Microsoft Co. will post 11.76 EPS for the current year.

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders 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 dividend yield of 0.73%. Microsoft’s dividend payout ratio is presently 25.97%.

Insider Transactions at Microsoft

In other news, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction that occurred 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 in the company, valued at $64,538,265.44. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Microsoft news, major shareholder Corp Microsoft sold 1,000,000 shares of the business’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the sale, the insider now 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 available through this link. Also, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $403.96, for a total value of $8,868,941.80. Following the sale, the executive vice president now owns 159,764 shares in the company, valued at approximately $64,538,265.44. The disclosure for this sale can be found here. Insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. BMO Capital Markets increased their price objective on Microsoft from $455.00 to $465.00 and gave the company an “outperform” rating in a report on Friday, April 12th. Wedbush reiterated an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a report on Friday, April 26th. DA Davidson reiterated a “buy” rating and issued a $500.00 price objective on shares of Microsoft in a report on Friday, March 15th. JPMorgan Chase & Co. increased their price objective on Microsoft from $440.00 to $470.00 and gave the company an “overweight” rating in a report on Friday, April 26th. Finally, Wells Fargo & Company increased their price objective on Microsoft from $480.00 to $500.00 and gave the company an “overweight” rating in a report on Friday, April 26th. Three investment analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $452.61.

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.