Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Brighton Jones LLC

Brighton Jones LLC raised its stake in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 2.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 717,234 shares of the software giant’s stock after buying an additional 18,266 shares during the period. Microsoft makes up 11.4% of Brighton Jones LLC’s portfolio, making the stock its 2nd biggest position. Brighton Jones LLC’s holdings in Microsoft were worth $269,709,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MSFT. FMR LLC boosted its stake in Microsoft by 2.7% during the third quarter. FMR LLC now owns 215,874,152 shares of the software giant’s stock valued at $68,162,263,000 after buying an additional 5,762,902 shares in the last quarter. Barclays PLC lifted its holdings in Microsoft by 9.3% in the 3rd quarter. Barclays PLC now owns 28,987,007 shares of the software giant’s stock valued at $9,152,647,000 after acquiring an additional 2,456,190 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of Microsoft in the 4th quarter worth approximately $9,625,201,000. Jennison Associates LLC grew its stake in shares of Microsoft by 1.1% in the 4th quarter. Jennison Associates LLC now owns 25,505,600 shares of the software giant’s stock worth $9,591,126,000 after purchasing an additional 277,881 shares during the last quarter. Finally, California Public Employees Retirement System lifted its stake in Microsoft by 9.2% during the third quarter. California Public Employees Retirement System now owns 21,375,375 shares of the software giant’s stock valued at $6,749,275,000 after purchasing an additional 1,796,956 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors.

Microsoft Stock Performance

MSFT opened at $415.13 on Monday. The stock has a 50-day moving average of $416.30 and a 200-day moving average of $401.17. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24. Microsoft Co. has a 52-week low of $309.45 and a 52-week high of $433.60. The company has a market cap of $3.09 trillion, a PE ratio of 35.94, a price-to-earnings-growth ratio of 2.19 and a beta of 0.89.

Microsoft (NASDAQ:MSFTGet Free Report) last announced its quarterly 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. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The company had revenue of $61.86 billion for the quarter, compared to the consensus estimate of $60.86 billion. During the same quarter last year, the company posted $2.45 earnings per share. The company’s revenue for the quarter was up 17.0% compared to the same quarter last year. As a group, equities research analysts forecast that Microsoft Co. will post 11.77 earnings per share for the current fiscal year.

Microsoft Announces Dividend

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 issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date is Wednesday, May 15th. Microsoft’s dividend payout ratio (DPR) is 25.97%.

Insider Activity

In related news, EVP Judson Althoff sold 25,000 shares of the business’s stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the completion of the transaction, the executive vice president now owns 104,949 shares of the company’s stock, valued at approximately $44,674,690.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Microsoft news, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $425.68, for a total value of $10,642,000.00. Following the transaction, the executive vice president now directly owns 104,949 shares of the company’s stock, valued at approximately $44,674,690.32. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Kathleen T. Hogan sold 21,955 shares of the 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 directly owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The disclosure for this sale can be found here. 0.03% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on MSFT shares. Truist Financial restated a “buy” rating and issued a $600.00 price target on shares of Microsoft in a research report on Monday, March 25th. Piper Sandler reaffirmed an “overweight” rating and set a $465.00 target price (up from $455.00) on shares of Microsoft in a report on Friday, April 26th. Evercore ISI increased their price target on Microsoft from $475.00 to $485.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. JPMorgan Chase & Co. boosted their price objective on Microsoft from $440.00 to $470.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Finally, DA Davidson reiterated a “buy” rating and issued a $500.00 target price on shares of Microsoft in a report on Friday, March 15th. Three equities research analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $457.91.

Read Our Latest Analysis on MSFT

Microsoft Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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