Eq LLC Has $335,000 Stock Position in Microsoft Co. (NASDAQ:MSFT)

Eq LLC grew its position in shares of Microsoft Co. (NASDAQ:MSFT) by 5.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 795 shares of the software giant’s stock after buying an additional 39 shares during the quarter. Eq LLC’s holdings in Microsoft were worth $335,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. WFA Asset Management Corp lifted its stake in shares of Microsoft by 27.0% during the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after acquiring an additional 216 shares during the period. Ironwood Wealth Management LLC. lifted its position in Microsoft by 0.3% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after purchasing an additional 38 shares during the period. Discipline Wealth Solutions LLC boosted its stake in shares of Microsoft by 410.4% in the 3rd quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant’s stock valued at $1,144,000 after purchasing an additional 2,138 shares during the last quarter. Swedbank AB grew its position in shares of Microsoft by 0.4% during the 3rd quarter. Swedbank AB now owns 13,689,356 shares of the software giant’s stock worth $5,890,530,000 after buying an additional 49,288 shares during the period. Finally, Pettinga Financial Advisors LLC raised its stake in shares of Microsoft by 1.4% during the third quarter. Pettinga Financial Advisors LLC now owns 7,749 shares of the software giant’s stock worth $3,334,000 after buying an additional 109 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

Shares of MSFT opened at $435.28 on Friday. The stock has a market capitalization of $3.24 trillion, a price-to-earnings ratio of 35.05, a PEG ratio of 2.21 and a beta of 1.00. Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $468.35. The firm has a fifty day simple moving average of $384.93 and a 200 day simple moving average of $411.12. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.22 by $0.24. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The company had revenue of $70.07 billion during the quarter, compared to analysts’ expectations of $68.54 billion. During the same quarter last year, the company earned $2.94 EPS. Microsoft’s revenue for the quarter was up 13.3% compared to the same quarter last year. Research analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio is currently 26.73%.

Wall Street Analysts Forecast Growth

MSFT has been the subject of a number of analyst reports. BMO Capital Markets lifted their target price on shares of Microsoft from $470.00 to $485.00 and gave the stock an “outperform” rating in a report on Thursday. Bank of America dropped their price objective on Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a report on Tuesday, April 15th. Evercore ISI boosted their target price on Microsoft from $435.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday. Jefferies Financial Group upped their price target on Microsoft from $475.00 to $550.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Barclays lifted their price objective on shares of Microsoft from $430.00 to $494.00 and gave the stock an “overweight” rating in a research note on Thursday. Six equities research analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $507.77.

About Microsoft

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.