Microsoft Co. (NASDAQ:MSFT) is Narwhal Capital Management’s 2nd Largest Position

Narwhal Capital Management grew its position in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 0.1% during the 3rd quarter, Holdings Channel reports. The firm owned 153,229 shares of the software giant’s stock after purchasing an additional 102 shares during the period. Microsoft comprises 5.9% of Narwhal Capital Management’s investment portfolio, making the stock its 2nd largest position. Narwhal Capital Management’s holdings in Microsoft were worth $48,382,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. MorganRosel Wealth Management LLC boosted its position in shares of Microsoft by 277.1% in the third quarter. MorganRosel Wealth Management LLC now owns 5,902 shares of the software giant’s stock worth $1,864,000 after buying an additional 4,337 shares during the period. Bellwether Advisors LLC raised its holdings in shares of Microsoft by 441.8% during the third quarter. Bellwether Advisors LLC now owns 23,774 shares of the software giant’s stock worth $7,507,000 after acquiring an additional 19,386 shares in the last quarter. First Trust Direct Indexing L.P. raised its holdings in shares of Microsoft by 5.3% during the third quarter. First Trust Direct Indexing L.P. now owns 140,787 shares of the software giant’s stock worth $44,453,000 after acquiring an additional 7,145 shares in the last quarter. GSG Advisors LLC purchased a new stake in shares of Microsoft during the third quarter worth $5,833,000. Finally, MWA Asset Management bought a new position in Microsoft during the third quarter valued at about $3,275,000. 69.20% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Microsoft news, insider Bradford L. Smith sold 3,303 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $406.12, for a total value of $1,341,414.36. Following the completion of the transaction, the insider now directly owns 570,826 shares in the company, valued at $231,823,855.12. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Microsoft news, insider Bradford L. Smith sold 3,303 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $406.12, for a total value of $1,341,414.36. Following the completion of the transaction, the insider now directly owns 570,826 shares in the company, valued at $231,823,855.12. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Bradford L. Smith sold 45,000 shares of the company’s stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $411.78, for a total transaction of $18,530,100.00. Following the completion of the transaction, the insider now owns 574,129 shares of the company’s stock, valued at $236,414,839.62. The disclosure for this sale can be found here. Insiders sold a total of 72,984 shares of company stock worth $28,978,803 over the last three months. 0.03% of the stock is currently owned by company insiders.

Microsoft Stock Up 2.1 %

Shares of Microsoft stock opened at $414.05 on Thursday. The company has a 50-day simple moving average of $383.76 and a two-hundred day simple moving average of $353.22. Microsoft Co. has a 52-week low of $245.61 and a 52-week high of $415.32. The stock has a market capitalization of $3.08 trillion, a PE ratio of 37.44, a price-to-earnings-growth ratio of 2.16 and a beta of 0.90. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.20 and a current ratio of 1.22.

Microsoft (NASDAQ:MSFTGet Free Report) last announced its quarterly earnings results on Tuesday, January 30th. The software giant reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.76 by $0.17. Microsoft had a net margin of 36.27% and a return on equity of 38.40%. The firm had revenue of $62.02 billion during the quarter, compared to analyst estimates of $61.14 billion. During the same period in the previous year, the business posted $2.32 earnings per share. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. On average, analysts anticipate that Microsoft Co. will post 11.6 EPS for the current fiscal year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 14th. Investors of record on Thursday, February 15th will be given a dividend of $0.75 per share. The ex-dividend date is Wednesday, February 14th. This represents a $3.00 annualized dividend and a yield of 0.72%. Microsoft’s dividend payout ratio (DPR) is 27.12%.

Analyst Ratings Changes

MSFT has been the topic of a number of recent analyst reports. Mizuho lifted their price objective on Microsoft from $420.00 to $450.00 and gave the stock a “buy” rating in a research note on Friday, December 15th. Oppenheimer reaffirmed an “outperform” rating and set a $410.00 price objective on shares of Microsoft in a report on Wednesday, October 25th. Wedbush reaffirmed an “outperform” rating and set a $450.00 price objective on shares of Microsoft in a report on Monday, January 29th. BNP Paribas raised Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 price objective on the stock in a report on Thursday, January 18th. Finally, Royal Bank of Canada boosted their target price on Microsoft from $415.00 to $450.00 and gave the stock an “outperform” rating in a report on Wednesday, January 31st. Four analysts have rated the stock with a hold rating and thirty-six have given a buy rating to the company. According to MarketBeat.com, Microsoft currently has an average rating of “Moderate Buy” and an average price target of $411.06.

Get Our Latest Analysis on Microsoft

Microsoft Profile

(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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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