Intact Investment Management Inc. Acquires 1,800 Shares of Microsoft Corporation $MSFT

Intact Investment Management Inc. grew its holdings in shares of Microsoft Corporation (NASDAQ:MSFT) by 2.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,900 shares of the software giant’s stock after acquiring an additional 1,800 shares during the period. Microsoft comprises approximately 0.9% of Intact Investment Management Inc.’s holdings, making the stock its 29th largest position. Intact Investment Management Inc.’s holdings in Microsoft were worth $31,387,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Pachira Investments Inc. grew its position in shares of Microsoft by 37.1% during the 4th quarter. Pachira Investments Inc. now owns 4,751 shares of the software giant’s stock valued at $2,298,000 after acquiring an additional 1,286 shares during the period. RIA Advisory Group LLC grew its position in shares of Microsoft by 21.1% during the 4th quarter. RIA Advisory Group LLC now owns 16,229 shares of the software giant’s stock valued at $7,849,000 after acquiring an additional 2,830 shares during the period. WJ Financial Advisors LLC grew its position in shares of Microsoft by 2.4% during the 4th quarter. WJ Financial Advisors LLC now owns 2,598 shares of the software giant’s stock valued at $1,256,000 after acquiring an additional 60 shares during the period. Summit Wealth & Retirement Planning Inc. grew its position in shares of Microsoft by 1.0% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 11,074 shares of the software giant’s stock valued at $5,356,000 after acquiring an additional 107 shares during the period. Finally, Core Alternative Capital grew its position in shares of Microsoft by 6.1% during the 4th quarter. Core Alternative Capital now owns 44,812 shares of the software giant’s stock valued at $21,672,000 after acquiring an additional 2,580 shares during the period. Institutional investors own 71.13% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Wedbush restated an “outperform” rating and set a $575.00 target price on shares of Microsoft in a research note on Wednesday, May 13th. Barclays restated a “buy” rating on shares of Microsoft in a research note on Thursday, May 7th. William Blair restated an “outperform” rating on shares of Microsoft in a research note on Monday, March 9th. Scotiabank lowered their target price on shares of Microsoft from $600.00 to $550.00 and set an “outperform” rating on the stock in a research note on Thursday, April 30th. Finally, China Renaissance lowered their target price on shares of Microsoft from $630.00 to $550.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Thirty-nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Microsoft currently has a consensus rating of “Moderate Buy” and an average target price of $560.88.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Kathleen T. Hogan sold 12,321 shares of the business’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $409.52, for a total value of $5,045,695.92. Following the sale, the executive vice president owned 137,933 shares in the company, valued at $56,486,322.16. The trade was a 8.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Amy Coleman sold 1,262 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $411.34, for a total transaction of $519,111.08. Following the completion of the sale, the executive vice president owned 46,003 shares in the company, valued at approximately $18,922,874.02. The trade was a 2.67% decrease in their position. The SEC filing for this sale provides additional information. 0.03% of the stock is owned by insiders.

Microsoft Price Performance

Shares of MSFT stock opened at $450.24 on Monday. The stock has a market cap of $3.34 trillion, a P/E ratio of 26.80, a PEG ratio of 1.62 and a beta of 1.11. Microsoft Corporation has a 52 week low of $356.28 and a 52 week high of $555.45. The company has a quick ratio of 1.27, a current ratio of 1.28 and a debt-to-equity ratio of 0.08. The company’s fifty day simple moving average is $402.09 and its two-hundred day simple moving average is $434.12.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, April 29th. The software giant reported $4.27 EPS for the quarter, topping the consensus estimate of $4.06 by $0.21. The business had revenue of $82.89 billion for the quarter, compared to analysts’ expectations of $81.44 billion. Microsoft had a net margin of 39.34% and a return on equity of 31.94%. The business’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.46 EPS. Analysts predict that Microsoft Corporation will post 16.76 EPS for the current fiscal year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be paid a $0.91 dividend. The ex-dividend date is Thursday, May 21st. This represents a $3.64 annualized dividend and a yield of 0.8%. Microsoft’s payout ratio is presently 21.67%.

Microsoft News Roundup

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Microsoft and Nvidia teased “a new era of PC,” with reports pointing to new Surface hardware and a possible AI-focused chip announcement at Computex, which could refresh the Windows/PC upgrade cycle. Article Title
• Positive Sentiment: Reports that Microsoft will unveil a new coding model and other in-house AI tools at next week’s Build conference reinforce the company’s AI monetization story and support sentiment around GitHub Copilot and Azure demand. Article Title
• Positive Sentiment: Microsoft’s latest earnings backdrop remains solid, with revenue growth of 18.3% and better-than-expected EPS, helping investors justify the stock’s premium valuation.
• Positive Sentiment: Several bullish writeups and analyst commentary say MSFT still has room to run because Azure, M365 cloud, and AI revenue are expanding faster than the broader software market. Article Title
• Neutral Sentiment: Microsoft is also drawing attention from investors, fund managers, and even congressional buyers, which supports the stock’s defensive-growth reputation but does not change fundamentals on its own.
• Negative Sentiment: A TechCrunch report says Microsoft is facing backlash for threatening a security researcher over unpatched bugs and code disclosure, adding some reputational noise ahead of Build. Article Title

Microsoft Company Profile

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).