Microsoft Co. (NASDAQ:MSFT) Stock Holdings Increased by Stokes Family Office LLC

Stokes Family Office LLC raised its position in shares of Microsoft Co. (NASDAQ:MSFT) by 3.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,590 shares of the software giant’s stock after acquiring an additional 2,118 shares during the period. Microsoft makes up approximately 2.5% of Stokes Family Office LLC’s holdings, making the stock its 8th biggest holding. Stokes Family Office LLC’s holdings in Microsoft were worth $23,853,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft during the 4th quarter worth approximately $38,000. IFS Advisors LLC raised its holdings in shares of Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after acquiring an additional 35 shares in the last quarter. Avondale Wealth Management raised its holdings in shares of Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after acquiring an additional 65 shares in the last quarter. Fairway Wealth LLC purchased a new stake in shares of Microsoft during the 4th quarter worth approximately $62,000. Finally, Kieckhefer Group LLC purchased a new stake in shares of Microsoft during the 4th quarter worth approximately $141,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Price Performance

Shares of MSFT stock opened at $450.18 on Monday. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35. The stock has a market capitalization of $3.35 trillion, a price-to-earnings ratio of 36.25, a P/E/G ratio of 2.21 and a beta of 0.99. The stock has a fifty day simple moving average of $402.37 and a two-hundred day simple moving average of $413.85. 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 issued its earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, topping 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 business had revenue of $70.07 billion during the quarter, compared to analysts’ expectations of $68.54 billion. During the same period in the prior year, the business earned $2.94 EPS. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. On average, analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.74%. The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio is 25.66%.

Insiders Place Their Bets

In other Microsoft news, EVP Amy Coleman sold 13,243 shares of the company’s 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 approximately $19,481,631. This represents a 23.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 value of $32,703,750.00. Following the sale, the insider now owns 476,999 shares of the company’s stock, valued at $207,995,413.95. This trade represents a 13.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 131,743 shares of company stock worth $58,375,673. 0.03% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Cantor Fitzgerald upped their price objective on Microsoft from $502.00 to $512.00 and gave the stock an “overweight” rating in a report on Thursday, May 1st. Guggenheim reissued a “neutral” rating on shares of Microsoft in a research report on Thursday, May 1st. Wells Fargo & Company boosted their target price on Microsoft from $500.00 to $515.00 and gave the company an “overweight” rating in a research report on Thursday, May 1st. Piper Sandler reissued an “overweight” rating on shares of Microsoft in a research report on Wednesday. Finally, Benchmark reissued a “buy” rating on shares of Microsoft in a research report on Thursday, May 1st. Four equities research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. According to data from MarketBeat.com, Microsoft presently has an average rating of “Moderate Buy” and an average price target of $513.13.

Microsoft Company 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.