Microsoft Co. (NASDAQ:MSFT) Stock Holdings Raised by Invesco LLC

Invesco LLC lifted its stake in Microsoft Co. (NASDAQ:MSFT) by 7.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,026 shares of the software giant’s stock after buying an additional 939 shares during the period. Microsoft makes up approximately 2.4% of Invesco LLC’s holdings, making the stock its 7th largest holding. Invesco LLC’s holdings in Microsoft were worth $5,912,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Net Worth Advisory Group bought a new stake in Microsoft during the 3rd quarter valued at approximately $2,645,000. Oak Ridge Investments LLC raised its holdings in Microsoft by 7.6% in the 3rd quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock worth $113,399,000 after acquiring an additional 18,544 shares during the last quarter. Focus Financial Network Inc. raised its holdings in Microsoft by 2.0% in the 3rd quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock worth $32,830,000 after acquiring an additional 1,489 shares during the last quarter. Campbell Wealth Management purchased a new stake in Microsoft during the 3rd quarter valued at $3,314,000. Finally, Evernest Financial Advisors LLC raised its stake in Microsoft by 389.2% during the 3rd quarter. Evernest Financial Advisors LLC now owns 53,770 shares of the software giant’s stock valued at $23,137,000 after buying an additional 42,778 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on MSFT shares. StockNews.com lowered Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Tigress Financial upped their target price on shares of Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a report on Thursday. Piper Sandler reaffirmed an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a report on Monday, January 27th. Wedbush reissued an “outperform” rating and issued a $550.00 price objective on shares of Microsoft in a research report on Thursday. Finally, Scotiabank started coverage on shares of Microsoft in a research report on Thursday. They set a “sector outperform” rating and a $470.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $510.59.

Microsoft Price Performance

MSFT stock opened at $391.26 on Friday. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. Microsoft Co. has a one year low of $376.91 and a one year high of $468.35. The firm has a market capitalization of $2.91 trillion, a PE ratio of 31.50, a P/E/G ratio of 2.21 and a beta of 0.92. The firm has a 50-day moving average of $408.82 and a two-hundred day moving average of $419.65.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating analysts’ consensus estimates of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same quarter last year, the firm earned $2.93 earnings per share. On average, analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.85%. The ex-dividend date is Thursday, May 15th. Microsoft’s payout ratio is presently 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.