Jacobsen Capital Management Raises Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Jacobsen Capital Management grew its position in Microsoft Co. (NASDAQ:MSFT) by 1.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 13,587 shares of the software giant’s stock after buying an additional 226 shares during the period. Microsoft accounts for approximately 2.4% of Jacobsen Capital Management’s investment portfolio, making the stock its 10th largest holding. Jacobsen Capital Management’s holdings in Microsoft were worth $5,727,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MSFT. Geode Capital Management LLC raised its position in shares of Microsoft by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock valued at $70,790,682,000 after acquiring an additional 3,264,648 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Microsoft by 4.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock worth $23,490,417,000 after purchasing an additional 2,125,030 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Microsoft by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant’s stock worth $20,322,513,000 after buying an additional 652,493 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Microsoft by 48,526.1% during the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock valued at $16,567,258,000 after purchasing an additional 38,422,466 shares in the last quarter. Finally, Franklin Resources Inc. lifted its stake in Microsoft by 1.1% in the third quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant’s stock valued at $16,104,959,000 after buying an additional 406,940 shares in the last quarter. 71.13% of the stock is owned by institutional investors.

Analysts Set New Price Targets

MSFT has been the subject of several recent research reports. Wedbush reaffirmed an “outperform” rating and set a $550.00 price objective on shares of Microsoft in a research report on Thursday, March 20th. Piper Sandler restated an “overweight” rating and set a $520.00 price objective on shares of Microsoft in a research note on Monday, January 27th. Tigress Financial raised their price target on Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a report on Thursday, March 20th. Guggenheim reissued a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $500.00 target price on shares of Microsoft in a report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. According to MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and an average target price of $510.59.

Microsoft Trading Up 0.2 %

MSFT opened at $390.58 on Friday. Microsoft Co. has a twelve month low of $376.91 and a twelve month high of $468.35. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company has a fifty day moving average of $406.52 and a 200-day moving average of $419.25. The stock has a market cap of $2.90 trillion, a PE ratio of 31.45, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping 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 in the previous year, the firm posted $2.93 EPS. On average, sell-side analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a $0.83 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.85%. 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.