Long Run Wealth Advisors LLC Raises Holdings in Microsoft Co. (NASDAQ:MSFT)

Long Run Wealth Advisors LLC grew its position in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 4.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,922 shares of the software giant’s stock after purchasing an additional 654 shares during the period. Microsoft makes up approximately 1.6% of Long Run Wealth Advisors LLC’s investment portfolio, making the stock its 16th biggest position. Long Run Wealth Advisors LLC’s holdings in Microsoft were worth $5,611,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Moneta Group Investment Advisors LLC grew its position in Microsoft by 112,158.6% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 150,187,424 shares of the software giant’s stock worth $36,017,948,000 after acquiring an additional 150,053,637 shares in the last quarter. Norges Bank purchased a new position in Microsoft in the fourth quarter worth about $20,700,525,000. Aaron Wealth Advisors LLC grew its position in Microsoft by 35,465.9% in the first quarter. Aaron Wealth Advisors LLC now owns 20,611,140 shares of the software giant’s stock worth $66,852,000 after acquiring an additional 20,553,188 shares in the last quarter. Morgan Stanley grew its position in Microsoft by 14.0% in the fourth quarter. Morgan Stanley now owns 119,417,954 shares of the software giant’s stock worth $28,638,815,000 after acquiring an additional 14,652,150 shares in the last quarter. Finally, Osaic Holdings Inc. grew its position in Microsoft by 348.6% in the second quarter. Osaic Holdings Inc. now owns 11,998,927 shares of the software giant’s stock worth $894,426,000 after acquiring an additional 9,324,182 shares in the last quarter. Hedge funds and other institutional investors own 69.20% of the company’s stock.

Insider Buying and Selling

In other Microsoft news, major shareholder Corp Microsoft sold 1,000,000 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the insider now owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Microsoft news, major shareholder Corp Microsoft sold 1,000,000 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the insider now owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Bradford L. Smith sold 45,000 shares of the firm’s stock in a transaction that occurred on Friday, February 2nd. The shares were 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 directly owns 574,129 shares of the company’s stock, valued at approximately $236,414,839.62. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,070,258 shares of company stock valued at $30,690,456. Company insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. BMO Capital Markets boosted their price objective on shares of Microsoft from $420.00 to $455.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 31st. Piper Sandler reaffirmed an “overweight” rating and set a $455.00 price target on shares of Microsoft in a research report on Thursday, January 25th. Jefferies Financial Group reaffirmed a “buy” rating and set a $465.00 price target on shares of Microsoft in a research report on Wednesday, March 6th. Mizuho upped their price target on Microsoft from $420.00 to $450.00 and gave the stock a “buy” rating in a research report on Friday, December 15th. Finally, Tigress Financial upped their price target on Microsoft from $433.00 to $475.00 and gave the stock a “buy” rating in a research report on Wednesday, November 29th. Four investment analysts have rated the stock with a hold rating and thirty-six have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $417.37.

Get Our Latest Stock Analysis on MSFT

Microsoft Stock Down 0.1 %

MSFT opened at $428.74 on Monday. The company has a market cap of $3.19 trillion, a PE ratio of 38.76, a price-to-earnings-growth ratio of 2.28 and a beta of 0.89. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.19. Microsoft Co. has a twelve month low of $272.05 and a twelve month high of $430.82. The company has a 50-day moving average price of $408.33 and a 200 day moving average price of $372.38.

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

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.70%. Microsoft’s 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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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