Microsoft Co. (NASDAQ:MSFT) is Beaumont Asset Management L.L.C.’s 4th Largest Position

Beaumont Asset Management L.L.C. lowered its position in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 9.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,084 shares of the software giant’s stock after selling 1,806 shares during the period. Microsoft comprises about 4.4% of Beaumont Asset Management L.L.C.’s holdings, making the stock its 4th largest position. Beaumont Asset Management L.L.C.’s holdings in Microsoft were worth $5,394,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in MSFT. Stevens Capital Partners grew its stake in shares of Microsoft by 2.0% in the 2nd quarter. Stevens Capital Partners now owns 1,516 shares of the software giant’s stock worth $516,000 after acquiring an additional 29 shares in the last quarter. Noble Family Wealth LLC grew its stake in shares of Microsoft by 1.3% in the 3rd quarter. Noble Family Wealth LLC now owns 2,331 shares of the software giant’s stock worth $736,000 after acquiring an additional 31 shares in the last quarter. O Connor Financial Group LLC grew its stake in shares of Microsoft by 1.4% in the 3rd quarter. O Connor Financial Group LLC now owns 2,191 shares of the software giant’s stock worth $692,000 after acquiring an additional 31 shares in the last quarter. Strategic Investment Solutions Inc. IL grew its stake in shares of Microsoft by 0.8% in the 1st quarter. Strategic Investment Solutions Inc. IL now owns 4,208 shares of the software giant’s stock worth $1,213,000 after acquiring an additional 32 shares in the last quarter. Finally, Arbor Capital Management Inc. ADV grew its stake in shares of Microsoft by 0.5% in the 1st quarter. Arbor Capital Management Inc. ADV now owns 7,166 shares of the software giant’s stock worth $2,074,000 after acquiring an additional 33 shares in the last quarter. Institutional investors and hedge funds own 69.20% of the company’s stock.

Microsoft Trading Up 1.6 %

Shares of MSFT opened at $420.55 on Friday. The firm’s 50 day simple moving average is $385.39 and its 200 day simple moving average is $354.17. The company has a market capitalization of $3.12 trillion, a P/E ratio of 38.02, a P/E/G ratio of 2.21 and a beta of 0.90. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.22 and a quick ratio of 1.20. Microsoft Co. has a 1-year low of $245.61 and a 1-year high of $420.82.

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

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 14th. Shareholders of record on Thursday, February 15th will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Wednesday, February 14th. Microsoft’s dividend payout ratio (DPR) is presently 27.12%.

Insiders Place Their Bets

In other Microsoft news, insider Bradford L. Smith sold 3,303 shares of Microsoft stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $406.12, for a total transaction of $1,341,414.36. Following the transaction, the insider now directly owns 570,826 shares of the company’s stock, valued at $231,823,855.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Microsoft news, insider Bradford L. Smith sold 3,303 shares of Microsoft stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $406.12, for a total transaction of $1,341,414.36. Following the transaction, the insider now directly owns 570,826 shares of the company’s stock, valued at $231,823,855.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kathleen T. Hogan sold 24,681 shares of Microsoft stock in a transaction on Friday, December 8th. The stock was sold at an average price of $369.00, for a total transaction of $9,107,289.00. Following the completion of the transaction, the executive vice president now directly owns 183,761 shares in the company, valued at $67,807,809. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 72,984 shares of company stock valued at $28,978,803. 0.03% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on MSFT. Argus boosted their price target on shares of Microsoft from $390.00 to $430.00 and gave the stock a “buy” rating in a report on Tuesday, December 5th. Mizuho boosted their price target on shares of Microsoft from $420.00 to $450.00 and gave the stock a “buy” rating in a report on Friday, December 15th. Barclays boosted their price target on shares of Microsoft from $421.00 to $475.00 and gave the stock an “overweight” rating in a report on Wednesday, January 31st. HSBC raised shares of Microsoft from a “hold” rating to a “buy” rating and boosted their price target for the stock from $347.00 to $413.00 in a report on Thursday, October 26th. Finally, Tigress Financial boosted their price target on shares of Microsoft from $433.00 to $475.00 and gave the stock a “buy” rating in a report on Wednesday, November 29th. Four research analysts have rated the stock with a hold rating and thirty-six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and an average price target of $411.06.

View Our Latest Report on Microsoft

Microsoft Company 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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