Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Capital Advisors Wealth Management LLC

Capital Advisors Wealth Management LLC boosted its stake in Microsoft Co. (NASDAQ:MSFT) by 5.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,475 shares of the software giant’s stock after acquiring an additional 1,165 shares during the period. Microsoft accounts for 1.9% of Capital Advisors Wealth Management LLC’s portfolio, making the stock its 15th largest position. Capital Advisors Wealth Management LLC’s holdings in Microsoft were worth $9,035,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Microsoft during the fourth quarter valued at $35,920,047,000. International Assets Investment Management LLC bought a new stake in shares of Microsoft during the 4th quarter valued at about $9,625,201,000. Vanguard Group Inc. lifted its holdings in Microsoft by 2.4% in the fourth quarter. Vanguard Group Inc. now owns 664,908,939 shares of the software giant’s stock worth $250,032,357,000 after acquiring an additional 15,701,937 shares during the last quarter. TCI Fund Management Ltd. acquired a new stake in shares of Microsoft during the 4th quarter worth approximately $4,000,376,000. Finally, FMR LLC lifted its holdings in shares of Microsoft by 2.7% in the 3rd quarter. FMR LLC now owns 215,874,152 shares of the software giant’s stock worth $68,162,263,000 after purchasing an additional 5,762,902 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Microsoft

In other news, EVP Judson Althoff sold 25,000 shares of the company’s stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total value of $10,642,000.00. Following the transaction, the executive vice president now directly owns 104,949 shares of the company’s stock, valued at $44,674,690.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the business’s stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $425.68, for a total value of $10,642,000.00. Following the transaction, the executive vice president now owns 104,949 shares in the company, valued at $44,674,690.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CMO Takeshi Numoto sold 244 shares of the firm’s stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $415.53, for a total value of $101,389.32. Following the sale, the chief marketing officer now directly owns 47,011 shares of the company’s stock, valued at $19,534,480.83. The disclosure for this sale can be found here. Insiders sold 25,566 shares of company stock valued at $10,877,535 in the last quarter. Company insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of recent research reports. Jefferies Financial Group upped their price objective on Microsoft from $465.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. Truist Financial reaffirmed a “buy” rating and issued a $600.00 price objective on shares of Microsoft in a report on Monday, June 17th. Tigress Financial boosted their target price on shares of Microsoft from $475.00 to $550.00 and gave the company a “buy” rating in a research note on Thursday, June 13th. Wedbush restated an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a research note on Wednesday, May 22nd. Finally, New Street Research initiated coverage on Microsoft in a research report on Monday, June 10th. They set a “buy” rating and a $570.00 price objective for the company. Three research analysts have rated the stock with a hold rating and thirty-three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $467.12.

Microsoft Price Performance

MSFT opened at $446.95 on Monday. The firm has a market capitalization of $3.32 trillion, a P/E ratio of 38.70, a PEG ratio of 2.36 and a beta of 0.89. The stock has a fifty day moving average of $424.11 and a 200-day moving average of $410.15. The company has a quick ratio of 1.23, a current ratio of 1.24 and a debt-to-equity ratio of 0.17. Microsoft Co. has a 12-month low of $309.45 and a 12-month high of $456.17.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, topping analysts’ consensus estimates of $2.81 by $0.13. The firm had revenue of $61.86 billion during the quarter, compared to analyst estimates of $60.86 billion. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The business’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same period last year, the company posted $2.45 EPS. Equities analysts forecast that Microsoft Co. will post 11.77 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Thursday, August 15th will be paid a $0.75 dividend. The ex-dividend date is Thursday, August 15th. This represents a $3.00 annualized dividend and a yield of 0.67%. Microsoft’s dividend payout ratio is presently 25.97%.

Microsoft Profile

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.