Revolve Wealth Partners LLC Boosts Stock Position in Microsoft Co. (NASDAQ:MSFT)

Revolve Wealth Partners LLC increased its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 0.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,588 shares of the software giant’s stock after buying an additional 36 shares during the period. Microsoft comprises approximately 1.7% of Revolve Wealth Partners LLC’s investment portfolio, making the stock its 18th largest holding. Revolve Wealth Partners LLC’s holdings in Microsoft were worth $9,924,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in MSFT. Friedenthal Financial purchased a new position in shares of Microsoft in the fourth quarter valued at approximately $45,000. Neo Ivy Capital Management purchased a new position in Microsoft in the 4th quarter valued at $58,000. PayPay Securities Corp boosted its stake in Microsoft by 23.7% during the 4th quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock worth $71,000 after purchasing an additional 36 shares during the last quarter. Cooksen Wealth LLC purchased a new stake in shares of Microsoft during the fourth quarter worth $86,000. Finally, Kathleen S. Wright Associates Inc. raised its position in shares of Microsoft by 160.7% in the fourth quarter. Kathleen S. Wright Associates Inc. now owns 232 shares of the software giant’s stock valued at $87,000 after buying an additional 143 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Sanford C. Bernstein boosted their price target on shares of Microsoft from $465.00 to $489.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. KeyCorp began coverage on Microsoft in a report on Thursday, March 21st. They issued an “overweight” rating and a $490.00 price target for the company. Morgan Stanley boosted their price objective on Microsoft from $465.00 to $520.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. Wells Fargo & Company raised their target price on Microsoft from $480.00 to $500.00 and gave the stock an “overweight” rating in a research note on Friday, April 26th. Finally, Evercore ISI boosted their price target on shares of Microsoft from $475.00 to $485.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. Three research analysts have rated the stock with a hold rating and thirty-three have assigned a buy rating to the company. According to MarketBeat, Microsoft currently has an average rating of “Moderate Buy” and a consensus target price of $467.12.

Microsoft Stock Up 0.3 %

Shares of NASDAQ:MSFT opened at $460.77 on Thursday. Microsoft Co. has a fifty-two week low of $309.45 and a fifty-two week high of $461.02. The firm’s 50 day moving average price is $426.26 and its 200 day moving average price is $411.42. The company has a quick ratio of 1.23, a current ratio of 1.24 and a debt-to-equity ratio of 0.17. The stock has a market cap of $3.42 trillion, a price-to-earnings ratio of 39.89, a price-to-earnings-growth ratio of 2.36 and a beta of 0.89.

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

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Thursday, August 15th will be issued a $0.75 dividend. The ex-dividend date is Thursday, August 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.65%. Microsoft’s payout ratio is currently 25.97%.

Insider Transactions at Microsoft

In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the stock in a transaction that occurred 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 in the company, valued at $44,674,690.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 completion of the transaction, the executive vice president now owns 104,949 shares in the company, valued at approximately $44,674,690.32. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CMO Takeshi Numoto sold 244 shares of Microsoft stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $415.53, for a total transaction of $101,389.32. Following the sale, the chief marketing officer now owns 47,011 shares in the company, valued at $19,534,480.83. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,566 shares of company stock valued at $10,877,535. Corporate insiders own 0.03% of the company’s stock.

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.