McNaughton Wealth Management LLC Buys 89 Shares of Microsoft Co. (NASDAQ:MSFT)

McNaughton Wealth Management LLC raised its holdings in Microsoft Co. (NASDAQ:MSFT) by 2.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,143 shares of the software giant’s stock after buying an additional 89 shares during the quarter. McNaughton Wealth Management LLC’s holdings in Microsoft were worth $1,325,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Cardinal Point Capital Management ULC grew its holdings in Microsoft by 113.7% in the 4th quarter. Cardinal Point Capital Management ULC now owns 5,256 shares of the software giant’s stock valued at $2,215,000 after buying an additional 2,796 shares during the last quarter. Cypress Financial Planning LLC grew its holdings in Microsoft by 3.3% in the 4th quarter. Cypress Financial Planning LLC now owns 1,715 shares of the software giant’s stock valued at $723,000 after buying an additional 55 shares during the last quarter. Tuttle Capital Management LLC grew its holdings in Microsoft by 34.2% in the 4th quarter. Tuttle Capital Management LLC now owns 910 shares of the software giant’s stock valued at $384,000 after buying an additional 232 shares during the last quarter. Capital CS Group LLC grew its holdings in Microsoft by 101.2% in the 4th quarter. Capital CS Group LLC now owns 564 shares of the software giant’s stock valued at $238,000 after buying an additional 48,604 shares during the last quarter. Finally, IMZ Advisory Inc grew its holdings in Microsoft by 0.6% in the 4th quarter. IMZ Advisory Inc now owns 5,206 shares of the software giant’s stock valued at $2,194,000 after buying an additional 31 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Wall Street Analyst Weigh In

MSFT has been the topic of several recent research reports. BMO Capital Markets decreased their price objective on Microsoft from $500.00 to $495.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. Stifel Nicolaus lifted their price objective on Microsoft from $475.00 to $515.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Wedbush reissued an “outperform” rating and set a $550.00 price objective on shares of Microsoft in a report on Tuesday, November 19th. Morgan Stanley decreased their price objective on Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Finally, TD Cowen decreased their price objective on Microsoft from $495.00 to $475.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. Three equities research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $510.96.

Insider Buying and Selling at Microsoft

In other news, CMO Takeshi Numoto sold 2,500 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $430.87, for a total transaction of $1,077,175.00. Following the completion of the sale, the chief marketing officer now owns 53,852 shares in the company, valued at $23,203,211.24. The trade was a 4.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In the last quarter, insiders sold 8,000 shares of company stock worth $3,493,820. 0.03% of the stock is currently owned by insiders.

Microsoft Trading Down 1.9 %

Shares of MSFT opened at $408.25 on Friday. The stock has a fifty day moving average price of $425.20 and a two-hundred day moving average price of $422.88. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. Microsoft Co. has a 52-week low of $385.58 and a 52-week high of $468.35. The company has a market cap of $3.03 trillion, a price-to-earnings ratio of 32.87, a PEG ratio of 2.21 and a beta of 0.90.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same period in the prior year, the business posted $2.93 earnings per share. Analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be given a $0.83 dividend. The ex-dividend date is Thursday, February 20th. This represents a $3.32 annualized dividend and a yield of 0.81%. Microsoft’s payout ratio is 26.73%.

Microsoft Company 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.