RPG Investment Advisory LLC Acquires 166 Shares of Microsoft Co. (NASDAQ:MSFT)

RPG Investment Advisory LLC raised its position in shares of Microsoft Co. (NASDAQ:MSFT) by 0.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 60,922 shares of the software giant’s stock after buying an additional 166 shares during the quarter. Microsoft comprises 3.7% of RPG Investment Advisory LLC’s portfolio, making the stock its 3rd largest position. RPG Investment Advisory LLC’s holdings in Microsoft were worth $22,909,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MSFT. Sicart Associates LLC lifted its position in shares of Microsoft by 2.9% during the 4th quarter. Sicart Associates LLC now owns 926 shares of the software giant’s stock valued at $348,000 after acquiring an additional 26 shares during the last quarter. Capital Wealth Management LLC lifted its position in shares of Microsoft by 1.7% during the 4th quarter. Capital Wealth Management LLC now owns 1,592 shares of the software giant’s stock valued at $599,000 after acquiring an additional 26 shares during the last quarter. Mayfair Advisory Group LLC lifted its position in shares of Microsoft by 0.7% during the 4th quarter. Mayfair Advisory Group LLC now owns 3,866 shares of the software giant’s stock valued at $1,434,000 after acquiring an additional 27 shares during the last quarter. Triton Wealth Management PLLC lifted its position in shares of Microsoft by 0.5% during the 4th quarter. Triton Wealth Management PLLC now owns 5,864 shares of the software giant’s stock valued at $2,167,000 after acquiring an additional 28 shares during the last quarter. Finally, O Connor Financial Group LLC lifted its position in shares of Microsoft by 1.4% during the 3rd quarter. O Connor Financial Group LLC now owns 2,191 shares of the software giant’s stock valued at $692,000 after acquiring an additional 31 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Price Performance

NASDAQ:MSFT opened at $412.32 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.24 and a quick ratio of 1.23. The stock has a market cap of $3.06 trillion, a P/E ratio of 35.70, a PEG ratio of 2.15 and a beta of 0.89. The company has a fifty day moving average price of $413.90 and a 200 day moving average price of $392.17. Microsoft Co. has a one year low of $306.26 and a one year high of $430.82.

Microsoft (NASDAQ:MSFT) last released its earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share for the quarter, beating the consensus estimate of $2.81 by $0.13. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The business had revenue of $61.86 billion during the quarter, compared to analysts’ expectations of $60.86 billion. During the same quarter last year, the company earned $2.45 earnings per share. The firm’s revenue was up 17.0% on a year-over-year basis. Analysts anticipate that Microsoft Co. will post 11.76 earnings per share for the current year.

Microsoft Announces Dividend

The company 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. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s dividend payout ratio is presently 25.97%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. JPMorgan Chase & Co. increased their price objective on Microsoft from $440.00 to $470.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. The Goldman Sachs Group increased their target price on Microsoft from $450.00 to $515.00 and gave the company a “buy” rating in a report on Friday, April 26th. Sanford C. Bernstein increased their target price on Microsoft from $465.00 to $489.00 and gave the company an “outperform” rating in a report on Friday, April 26th. BMO Capital Markets increased their target price on Microsoft from $455.00 to $465.00 and gave the company an “outperform” rating in a report on Friday, April 12th. Finally, Morgan Stanley increased their target price on Microsoft from $465.00 to $520.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. Three analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $452.61.

Insider Activity at Microsoft

In other Microsoft news, major shareholder Corp Microsoft sold 1,000,000 shares of the business’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total value of $1,950,000.00. Following the sale, the insider now owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Microsoft news, major shareholder Corp Microsoft sold 1,000,000 shares of the firm’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 completion of the transaction, the insider now owns 11,677,398 shares in the company, valued at $22,770,926.10. The sale was disclosed in a filing with the SEC, 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 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 completion of the sale, the executive vice president now owns 159,764 shares in the company, valued at $64,538,265.44. The disclosure for this sale can be found here. 0.03% of the stock is currently owned by corporate insiders.

Microsoft 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.