Microsoft Co. (NASDAQ:MSFT) is Roberts Wealth Advisors LLC’s 2nd Largest Position

Roberts Wealth Advisors LLC boosted its holdings in Microsoft Co. (NASDAQ:MSFTFree Report) by 0.4% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 37,694 shares of the software giant’s stock after buying an additional 154 shares during the period. Microsoft accounts for approximately 5.8% of Roberts Wealth Advisors LLC’s holdings, making the stock its 2nd biggest position. Roberts Wealth Advisors LLC’s holdings in Microsoft were worth $15,592,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Koss Olinger Consulting LLC grew its position in shares of Microsoft by 493.0% during the first quarter. Koss Olinger Consulting LLC now owns 23,122 shares of the software giant’s stock valued at $9,728,000 after purchasing an additional 19,223 shares in the last quarter. Mayfair Advisory Group LLC grew its position in shares of Microsoft by 10.7% during the first quarter. Mayfair Advisory Group LLC now owns 4,281 shares of the software giant’s stock valued at $1,801,000 after purchasing an additional 415 shares in the last quarter. ADE LLC grew its position in shares of Microsoft by 0.5% during the first quarter. ADE LLC now owns 6,627 shares of the software giant’s stock valued at $2,788,000 after purchasing an additional 32 shares in the last quarter. Breakwater Capital Group grew its position in shares of Microsoft by 0.6% during the first quarter. Breakwater Capital Group now owns 17,727 shares of the software giant’s stock valued at $7,458,000 after purchasing an additional 106 shares in the last quarter. Finally, Ironwood Financial llc grew its position in shares of Microsoft by 0.6% during the first quarter. Ironwood Financial llc now owns 12,620 shares of the software giant’s stock valued at $5,310,000 after purchasing an additional 74 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on MSFT. KeyCorp began coverage on Microsoft in a research report on Thursday, March 21st. They set an “overweight” rating and a $490.00 price objective for the company. Royal Bank of Canada restated an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a research report on Friday, May 24th. Sanford C. Bernstein increased their price target on shares of Microsoft from $465.00 to $489.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Argus increased their price target on shares of Microsoft from $475.00 to $526.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Tigress Financial increased their price target on shares of Microsoft from $475.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, June 13th. Three investment analysts have rated the stock with a hold rating and thirty-three have assigned a buy rating to the company. Based on data from MarketBeat.com, Microsoft currently has an average rating of “Moderate Buy” and an average price target of $469.86.

Check Out Our Latest Stock Report on Microsoft

Insiders Place Their Bets

In other news, CMO Takeshi Numoto sold 244 shares of Microsoft stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $415.53, for a total transaction of $101,389.32. Following the completion of the sale, the chief marketing officer now directly owns 47,011 shares in the company, valued at $19,534,480.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the completion of the sale, the executive vice president now directly owns 104,949 shares in the company, valued at $44,674,690.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CMO Takeshi Numoto sold 244 shares of Microsoft stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $415.53, for a total transaction of $101,389.32. Following the sale, the chief marketing officer now owns 47,011 shares of the company’s stock, valued at $19,534,480.83. The disclosure for this sale can be found here. Over the last three months, insiders have sold 25,566 shares of company stock valued at $10,877,535. 0.03% of the stock is currently owned by insiders.

Microsoft Stock Performance

Shares of MSFT stock opened at $466.25 on Thursday. The firm has a market cap of $3.47 trillion, a price-to-earnings ratio of 40.37, a PEG ratio of 2.20 and a beta of 0.89. The company’s 50 day moving average is $433.86 and its 200 day moving average is $414.95. The company has a quick ratio of 1.23, a current ratio of 1.24 and a debt-to-equity ratio of 0.17. Microsoft Co. has a 52-week low of $309.45 and a 52-week high of $468.35.

Microsoft (NASDAQ:MSFTGet Free Report) last issued its quarterly earnings data 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. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The company had revenue of $61.86 billion for the quarter, compared to analyst estimates of $60.86 billion. During the same period last year, the company posted $2.45 earnings per share. Microsoft’s revenue was up 17.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Microsoft Co. will post 11.77 EPS for the current fiscal year.

Microsoft Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Thursday, August 15th will be issued a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 0.64%. The ex-dividend date is Thursday, August 15th. Microsoft’s dividend payout ratio is currently 25.97%.

About Microsoft

(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.

Featured Articles

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFTFree Report).

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.