Microsoft Co. (NASDAQ:MSFT) Stock Position Trimmed by Tiemann Investment Advisors LLC

Tiemann Investment Advisors LLC decreased its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 1.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,632 shares of the software giant’s stock after selling 465 shares during the period. Microsoft makes up about 5.4% of Tiemann Investment Advisors LLC’s holdings, making the stock its 3rd biggest position. Tiemann Investment Advisors LLC’s holdings in Microsoft were worth $12,068,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Muirfield Wealth Advisors LLC increased its stake in Microsoft by 0.5% during the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock worth $1,866,000 after acquiring an additional 24 shares during the last quarter. Retirement Financial Solutions LLC grew its holdings in shares of Microsoft by 2.3% during the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant’s stock worth $443,000 after purchasing an additional 24 shares during the period. Boulder Wealth Advisors LLC increased its position in Microsoft by 1.0% during the 3rd quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant’s stock worth $1,106,000 after purchasing an additional 25 shares in the last quarter. Sterling Group Wealth Management LLC raised its holdings in Microsoft by 0.5% in the fourth quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant’s stock valued at $2,335,000 after buying an additional 25 shares during the period. Finally, Kuhn & Co Investment Counsel lifted its position in Microsoft by 0.8% during the fourth quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant’s stock valued at $1,385,000 after buying an additional 25 shares in the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Trading Up 0.3%

NASDAQ:MSFT opened at $454.27 on Friday. Microsoft Co. has a 52 week low of $344.79 and a 52 week high of $468.35. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company has a market cap of $3.38 trillion, a PE ratio of 36.58, a P/E/G ratio of 2.21 and a beta of 0.99. The business’s 50 day moving average is $395.33 and its two-hundred day moving average is $412.61.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping analysts’ consensus estimates of $3.22 by $0.24. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The firm had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. During the same quarter in the previous year, the company posted $2.94 earnings per share. The firm’s revenue was up 13.3% on a year-over-year basis. On average, analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio is presently 25.66%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on MSFT shares. Bank of America dropped their price objective on shares of Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a research report on Tuesday, April 15th. Citigroup upped their price target on shares of Microsoft from $480.00 to $540.00 and gave the stock a “buy” rating in a research report on Thursday. Westpark Capital reiterated a “hold” rating on shares of Microsoft in a report on Thursday, May 1st. Piper Sandler restated a “neutral” rating on shares of Microsoft in a research note on Thursday, May 1st. Finally, Raymond James upped their target price on Microsoft from $480.00 to $490.00 and gave the stock an “outperform” rating in a research report on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $509.16.

Insider Buying and Selling

In related news, insider Bradford L. Smith sold 75,000 shares of the company’s stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the completion of the transaction, the insider now directly owns 476,999 shares in the company, valued at $207,995,413.95. This represents a 13.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Amy Coleman sold 13,243 shares of the stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $452.01, for a total value of $5,985,968.43. Following the completion of the sale, the executive vice president now directly owns 43,100 shares in the company, valued at $19,481,631. This represents a 23.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 94,243 shares of company stock worth $41,288,738 over the last quarter. 0.03% of the stock is owned by company 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.