Executive Wealth Management LLC Boosts Holdings in Microsoft Co. (NASDAQ:MSFT)

Executive Wealth Management LLC grew its position in shares of Microsoft Co. (NASDAQ:MSFT) by 5.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 57,967 shares of the software giant’s stock after buying an additional 3,085 shares during the period. Microsoft makes up 2.1% of Executive Wealth Management LLC’s holdings, making the stock its 9th biggest position. Executive Wealth Management LLC’s holdings in Microsoft were worth $21,798,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in MSFT. Iron Horse Wealth Management LLC increased its position in Microsoft by 89.0% during the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock worth $70,000 after buying an additional 105 shares during the period. Authentikos Wealth Advisory LLC acquired a new position in Microsoft in the third quarter valued at about $87,000. Family CFO Inc raised its stake in Microsoft by 13.6% in the third quarter. Family CFO Inc now owns 359 shares of the software giant’s stock valued at $113,000 after purchasing an additional 43 shares in the last quarter. Cordant Inc. lifted its position in Microsoft by 647.8% during the fourth quarter. Cordant Inc. now owns 344 shares of the software giant’s stock worth $129,000 after purchasing an additional 298 shares during the period. Finally, Life Planning Partners Inc bought a new position in Microsoft in the 4th quarter valued at about $146,000. Institutional investors own 71.13% of the company’s stock.

Insider Activity at Microsoft

In related news, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction on 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 transaction, the executive vice president now owns 159,764 shares in the company, valued at approximately $64,538,265.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction on 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 transaction, the executive vice president now owns 159,764 shares in the company, valued at approximately $64,538,265.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the company’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the transaction, the insider now owns 11,677,398 shares in the company, valued at approximately $22,770,926.10. The disclosure for this sale can be found here. 0.03% of the stock is owned by corporate insiders.

Microsoft Trading Up 2.2 %

NASDAQ:MSFT opened at $406.66 on Monday. The firm’s fifty day moving average is $413.68 and its 200-day moving average is $390.88. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24. Microsoft Co. has a 52 week low of $303.40 and a 52 week high of $430.82. The firm has a market cap of $3.02 trillion, a P/E ratio of 35.21, a P/E/G ratio of 2.15 and a beta of 0.89.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, beating analysts’ consensus estimates of $2.81 by $0.13. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The company had revenue of $61.86 billion for the quarter, compared to analyst estimates of $60.86 billion. During the same period in the prior year, the firm posted $2.45 EPS. The company’s quarterly revenue was up 17.0% on a year-over-year basis. Equities analysts expect that Microsoft Co. will post 11.76 earnings per share for the current year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date is Wednesday, May 15th. Microsoft’s dividend payout ratio is currently 25.97%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. BMO Capital Markets upped their price target on shares of Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a report on Friday, April 12th. DA Davidson restated a “buy” rating and set a $500.00 target price on shares of Microsoft in a research note on Friday, March 15th. JPMorgan Chase & Co. raised their target price on Microsoft from $440.00 to $470.00 and gave the company an “overweight” rating in a report on Friday, April 26th. Citigroup lowered their price target on Microsoft from $480.00 to $475.00 and set a “buy” rating for the company in a report on Thursday, April 18th. Finally, UBS Group reaffirmed a “buy” rating and issued a $480.00 price objective on shares of Microsoft in a research note on Wednesday, April 10th. Three investment analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $452.61.

About Microsoft

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.