Microsoft Corporation $MSFT is Rowlandmiller & PARTNERS.ADV’s 3rd Largest Position

Rowlandmiller & PARTNERS.ADV lessened its holdings in Microsoft Corporation (NASDAQ:MSFT) by 5.7% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 48,045 shares of the software giant’s stock after selling 2,910 shares during the period. Microsoft accounts for approximately 4.9% of Rowlandmiller & PARTNERS.ADV’s portfolio, making the stock its 3rd largest holding. Rowlandmiller & PARTNERS.ADV’s holdings in Microsoft were worth $24,885,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Longfellow Investment Management Co. LLC grew its holdings in shares of Microsoft by 51.3% during the second quarter. Longfellow Investment Management Co. LLC now owns 59 shares of the software giant’s stock worth $29,000 after purchasing an additional 20 shares in the last quarter. Bulwark Capital Corp bought a new stake in shares of Microsoft during the 2nd quarter worth $32,000. Westend Capital Management LLC grew its position in Microsoft by 386.7% in the second quarter. Westend Capital Management LLC now owns 73 shares of the software giant’s stock worth $36,000 after acquiring an additional 58 shares in the last quarter. University of Illinois Foundation bought a new position in Microsoft in the second quarter valued at $50,000. Finally, LSV Asset Management purchased a new stake in Microsoft during the fourth quarter valued at about $44,000. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Microsoft

In related news, CEO Judson Althoff sold 12,750 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $491.52, for a total value of $6,266,880.00. Following the completion of the sale, the chief executive officer owned 129,349 shares of the company’s stock, valued at $63,577,620.48. This trade represents a 8.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Takeshi Numoto sold 2,850 shares of the business’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $478.72, for a total transaction of $1,364,352.00. Following the transaction, the executive vice president directly owned 55,782 shares in the company, valued at approximately $26,703,959.04. The trade was a 4.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 54,100 shares of company stock worth $27,598,872 over the last quarter. 0.03% of the stock is owned by corporate insiders.

Microsoft Trading Down 0.1%

Shares of MSFT opened at $476.12 on Thursday. The firm has a fifty day simple moving average of $501.05 and a two-hundred day simple moving average of $502.70. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $555.45. The stock has a market capitalization of $3.54 trillion, a P/E ratio of 33.86, a PEG ratio of 1.79 and a beta of 1.07. The company has a quick ratio of 1.39, a current ratio of 1.40 and a debt-to-equity ratio of 0.10.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, October 29th. The software giant reported $4.13 EPS for the quarter, beating the consensus estimate of $3.65 by $0.48. The firm had revenue of $77.67 billion during the quarter, compared to the consensus estimate of $75.49 billion. Microsoft had a net margin of 35.71% and a return on equity of 32.45%. The company’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.30 earnings per share. On average, research analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Thursday, February 19th will be paid a dividend of $0.91 per share. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $3.64 annualized dividend and a dividend yield of 0.8%. Microsoft’s payout ratio is 25.89%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Oppenheimer reissued an “outperform” rating on shares of Microsoft in a report on Thursday, October 30th. Rothschild & Co Redburn reissued a “neutral” rating and set a $500.00 price target (down from $560.00) on shares of Microsoft in a research note on Tuesday, November 18th. HSBC upped their price objective on shares of Microsoft from $643.00 to $648.00 in a research note on Monday, October 27th. Guggenheim set a $675.00 target price on shares of Microsoft in a research report on Wednesday, November 19th. Finally, BMO Capital Markets lowered their price target on shares of Microsoft from $650.00 to $625.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $631.03.

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.