Microsoft Co. (NASDAQ:MSFT) Shares Bought by Delap Wealth Advisory LLC

Delap Wealth Advisory LLC lifted its stake in Microsoft Co. (NASDAQ:MSFT) by 4.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,720 shares of the software giant’s stock after acquiring an additional 605 shares during the period. Microsoft accounts for approximately 4.0% of Delap Wealth Advisory LLC’s holdings, making the stock its 8th biggest position. Delap Wealth Advisory LLC’s holdings in Microsoft were worth $6,626,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Adamsbrown Wealth Consultants LLC lifted its stake in Microsoft by 2.2% during the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant’s stock valued at $2,515,000 after purchasing an additional 130 shares during the last quarter. Oak Ridge Investments LLC raised its holdings in shares of Microsoft by 7.6% during the third quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock valued at $113,399,000 after acquiring an additional 18,544 shares during the period. Mcdaniel Terry & Co. lifted its position in shares of Microsoft by 6.1% in the 4th quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant’s stock valued at $133,023,000 after acquiring an additional 18,052 shares in the last quarter. Focus Financial Network Inc. boosted its stake in Microsoft by 2.0% in the 3rd quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock worth $32,830,000 after purchasing an additional 1,489 shares during the period. Finally, Campbell Wealth Management acquired a new stake in Microsoft during the 3rd quarter valued at $3,314,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Trading Down 0.2 %

Microsoft stock opened at $391.16 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The business’s 50-day simple moving average is $384.46 and its 200-day simple moving average is $411.17. The firm has a market capitalization of $2.91 trillion, a PE ratio of 31.49, a PEG ratio of 2.21 and a beta of 1.00. Microsoft Co. has a 52 week low of $344.79 and a 52 week high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping analysts’ consensus estimates of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same period last year, the firm earned $2.93 EPS. Equities research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be paid a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.85%. Microsoft’s dividend payout ratio is 26.73%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on MSFT. Jefferies Financial Group reaffirmed a “buy” rating and issued a $475.00 target price (down previously from $500.00) on shares of Microsoft in a research report on Monday, April 7th. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Barclays decreased their target price on Microsoft from $475.00 to $430.00 and set an “overweight” rating for the company in a research report on Monday, April 21st. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $500.00 target price on shares of Microsoft in a research report on Thursday, January 30th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Microsoft in a research report on Thursday, April 17th. Five analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. According to MarketBeat, Microsoft currently has a consensus rating of “Moderate Buy” and an average price target of $493.89.

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.