Microsoft Co. (NASDAQ:MSFT) Stock Holdings Lessened by Pathway Financial Advisors LLC

Pathway Financial Advisors LLC trimmed its stake in Microsoft Co. (NASDAQ:MSFT) by 0.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,464 shares of the software giant’s stock after selling 57 shares during the quarter. Microsoft accounts for 0.7% of Pathway Financial Advisors LLC’s portfolio, making the stock its 21st largest position. Pathway Financial Advisors LLC’s holdings in Microsoft were worth $2,720,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in MSFT. Financial Security Advisor Inc. raised its position in Microsoft by 1.7% during the fourth quarter. Financial Security Advisor Inc. now owns 27,270 shares of the software giant’s stock valued at $10,255,000 after acquiring an additional 452 shares in the last quarter. Gunderson Capital Management Inc. raised its position in Microsoft by 0.7% during the fourth quarter. Gunderson Capital Management Inc. now owns 24,887 shares of the software giant’s stock valued at $9,359,000 after acquiring an additional 185 shares in the last quarter. Rappaport Reiches Capital Management LLC raised its position in Microsoft by 14.9% during the fourth quarter. Rappaport Reiches Capital Management LLC now owns 8,213 shares of the software giant’s stock valued at $3,089,000 after acquiring an additional 1,067 shares in the last quarter. Bayesian Capital Management LP raised its position in Microsoft by 60.1% during the fourth quarter. Bayesian Capital Management LP now owns 48,500 shares of the software giant’s stock valued at $18,238,000 after acquiring an additional 18,200 shares in the last quarter. Finally, RNC Capital Management LLC raised its position in shares of Microsoft by 10.4% in the fourth quarter. RNC Capital Management LLC now owns 69,053 shares of the software giant’s stock valued at $25,967,000 after purchasing an additional 6,484 shares during the period. 71.13% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Wedbush reissued an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a research report on Wednesday, May 22nd. Citigroup lifted their price target on shares of Microsoft from $495.00 to $520.00 and gave the company a “buy” rating in a research report on Friday. Evercore ISI lifted their price target on shares of Microsoft from $475.00 to $485.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. UBS Group reissued a “buy” rating and issued a $480.00 price target on shares of Microsoft in a research report on Wednesday, April 10th. Finally, BMO Capital Markets lifted their price target on shares of Microsoft from $455.00 to $465.00 and gave the company an “outperform” rating in a research report on Friday, April 12th. Three research analysts have rated the stock with a hold rating and thirty-three have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $467.12.

Insider Activity at Microsoft

In related news, CMO Takeshi Numoto sold 244 shares of Microsoft stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $415.53, for a total value of $101,389.32. Following the completion of the transaction, the chief marketing officer now directly owns 47,011 shares of the company’s stock, valued at $19,534,480.83. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CMO Takeshi Numoto sold 244 shares of Microsoft stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $415.53, for a total value of $101,389.32. Following the completion of the transaction, the chief marketing officer now directly owns 47,011 shares of the company’s stock, valued at $19,534,480.83. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total value of $10,642,000.00. Following the completion of the transaction, the executive vice president now directly owns 104,949 shares of the company’s stock, valued at $44,674,690.32. The disclosure for this sale can be found here. Insiders sold 25,566 shares of company stock valued at $10,877,535 over the last ninety days. 0.03% of the stock is owned by insiders.

Microsoft Stock Down 0.5 %

Shares of NASDAQ:MSFT opened at $447.67 on Tuesday. Microsoft Co. has a 52 week low of $309.45 and a 52 week high of $452.75. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24. The company’s fifty day moving average is $420.65 and its 200-day moving average is $407.98. The company has a market capitalization of $3.33 trillion, a PE ratio of 38.76, a P/E/G ratio of 2.37 and a beta of 0.89.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.81 by $0.13. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The business had revenue of $61.86 billion during the quarter, compared to analysts’ expectations of $60.86 billion. During the same period in the previous year, the business posted $2.45 earnings per share. The firm’s revenue for the quarter was up 17.0% compared to the same quarter last year. Equities research analysts predict that Microsoft Co. will post 11.77 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Thursday, August 15th will be issued a $0.75 dividend. The ex-dividend date is Thursday, August 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.67%. Microsoft’s dividend payout ratio is 25.97%.

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.