Microsoft Co. (NASDAQ:MSFT) Shares Purchased by McDonough Capital Management Inc

McDonough Capital Management Inc grew its holdings in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 2.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,955 shares of the software giant’s stock after purchasing an additional 656 shares during the quarter. Microsoft makes up about 7.5% of McDonough Capital Management Inc’s portfolio, making the stock its 4th biggest holding. McDonough Capital Management Inc’s holdings in Microsoft were worth $7,884,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of MSFT. High Pines Wealth Management LLC boosted its stake in shares of Microsoft by 1.3% in the 3rd quarter. High Pines Wealth Management LLC now owns 2,256 shares of the software giant’s stock valued at $712,000 after buying an additional 28 shares during the period. Sonen Capital LLC lifted its stake in Microsoft by 0.3% in the third quarter. Sonen Capital LLC now owns 10,132 shares of the software giant’s stock worth $3,199,000 after acquiring an additional 28 shares during the last quarter. Perritt Capital Management Inc. grew its holdings in Microsoft by 3.3% during the 3rd quarter. Perritt Capital Management Inc. now owns 937 shares of the software giant’s stock worth $296,000 after acquiring an additional 30 shares in the last quarter. Noble Family Wealth LLC raised its holdings 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 valued at $736,000 after purchasing an additional 31 shares in the last quarter. Finally, O Connor Financial Group LLC lifted its position in shares of Microsoft by 1.4% during the 3rd quarter. O Connor Financial Group LLC now owns 2,191 shares of the software giant’s stock worth $692,000 after purchasing an additional 31 shares during the last quarter. 69.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have issued reports on MSFT shares. Tigress Financial lifted their price target on Microsoft from $433.00 to $475.00 and gave the stock a “buy” rating in a report on Wednesday, November 29th. Jefferies Financial Group reissued a “buy” rating and set a $465.00 price objective on shares of Microsoft in a report on Wednesday, March 6th. BNP Paribas raised shares of Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 target price on the stock in a research report on Thursday, January 18th. Raymond James boosted their price target on shares of Microsoft from $400.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday, January 31st. Finally, StockNews.com lowered Microsoft from a “buy” rating to a “hold” rating in a report on Thursday, February 22nd. Four analysts have rated the stock with a hold rating and thirty-six have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $415.00.

View Our Latest Stock Analysis on MSFT

Insider Activity

In other news, EVP Kathleen T. Hogan sold 21,955 shares of the company’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the completion of the transaction, the executive vice president now owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, major shareholder Corp Microsoft sold 1,000,000 shares of the company’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total value of $1,950,000.00. Following the sale, the insider now owns 11,677,398 shares of the company’s stock, valued at $22,770,926.10. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Kathleen T. Hogan sold 21,955 shares of the company’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the completion of the sale, the executive vice president now directly owns 159,764 shares in the company, valued at approximately $64,538,265.44. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,070,258 shares of company stock valued at $30,690,456. Insiders own 0.03% of the company’s stock.

Microsoft Stock Down 0.0 %

MSFT opened at $415.10 on Thursday. Microsoft Co. has a 1-year low of $255.86 and a 1-year high of $420.82. The business has a 50 day moving average of $401.90 and a 200-day moving average of $367.46. The stock has a market capitalization of $3.08 trillion, a price-to-earnings ratio of 37.53, a P/E/G ratio of 2.15 and a beta of 0.89. The company has a current ratio of 1.22, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19.

Microsoft (NASDAQ:MSFTGet Free Report) last posted its quarterly earnings results on Tuesday, January 30th. The software giant reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.76 by $0.17. The company had revenue of $62.02 billion for the quarter, compared to analyst estimates of $61.14 billion. Microsoft had a net margin of 36.27% and a return on equity of 38.40%. The business’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period last year, the business posted $2.32 EPS. As a group, sell-side analysts anticipate that Microsoft Co. will post 11.63 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date is Wednesday, May 15th. Microsoft’s dividend payout ratio is currently 27.12%.

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.

Further Reading

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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