Microsoft Co. (NASDAQ:MSFT) Stake Boosted by Robbins Farley

Robbins Farley boosted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 10.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,743 shares of the software giant’s stock after buying an additional 1,348 shares during the quarter. Microsoft makes up approximately 2.8% of Robbins Farley’s portfolio, making the stock its 5th largest holding. Robbins Farley’s holdings in Microsoft were worth $5,793,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Net Worth Advisory Group purchased a new stake in Microsoft in the 3rd quarter worth about $2,645,000. Adamsbrown Wealth Consultants LLC boosted its position in Microsoft by 2.2% during the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant’s stock worth $2,515,000 after purchasing an additional 130 shares during the period. Oak Ridge Investments LLC increased its stake in shares of Microsoft by 7.6% in the third quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock worth $113,399,000 after purchasing an additional 18,544 shares in the last quarter. Focus Financial Network Inc. raised its position in shares of Microsoft by 2.0% in the third quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock valued at $32,830,000 after purchasing an additional 1,489 shares during the period. Finally, Campbell Wealth Management purchased a new stake in shares of Microsoft during the 3rd quarter valued at approximately $3,314,000. Institutional investors own 71.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on MSFT. UBS Group reduced their price objective on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Scotiabank began coverage on Microsoft in a report on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 price objective on the stock. Tigress Financial lifted their target price on Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a report on Thursday, March 20th. Mizuho lowered their price target on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Finally, Jefferies Financial Group reduced their price objective on shares of Microsoft from $550.00 to $500.00 and set a “buy” rating for the company in a research note on Monday. Three research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $508.86.

Microsoft Price Performance

Shares of Microsoft stock opened at $375.39 on Tuesday. 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 $367.24 and a 52-week high of $468.35. The company has a fifty day moving average of $404.45 and a 200-day moving average of $418.77. The stock has a market capitalization of $2.79 trillion, a price-to-earnings ratio of 30.22, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results 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 net margin of 35.43% and a return on equity of 33.36%. During the same quarter last year, the business earned $2.93 earnings per share. Equities research analysts expect 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. Investors of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s payout ratio is 26.73%.

About Microsoft

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.