Capital Planning Advisors LLC Has $20.24 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Capital Planning Advisors LLC lessened its stake in Microsoft Co. (NASDAQ:MSFT) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,014 shares of the software giant’s stock after selling 447 shares during the period. Microsoft makes up approximately 3.1% of Capital Planning Advisors LLC’s holdings, making the stock its 9th largest position. Capital Planning Advisors LLC’s holdings in Microsoft were worth $20,238,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in MSFT. Net Worth Advisory Group purchased a new position in shares of Microsoft during the 3rd quarter valued at $2,645,000. Oak Ridge Investments LLC lifted its stake in shares of Microsoft by 7.6% during the 3rd quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock valued at $113,399,000 after buying an additional 18,544 shares in the last quarter. Jacobs & Co. CA lifted its stake in shares of Microsoft by 0.9% during the 3rd quarter. Jacobs & Co. CA now owns 96,021 shares of the software giant’s stock valued at $41,318,000 after buying an additional 880 shares in the last quarter. Focus Financial Network Inc. lifted its stake in Microsoft by 2.0% in the 3rd quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock worth $32,830,000 after purchasing an additional 1,489 shares in the last quarter. Finally, Campbell Wealth Management bought a new stake in shares of Microsoft in the 3rd quarter worth about $3,314,000. Institutional investors own 71.13% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on MSFT. Piper Sandler restated an “overweight” rating and issued a $520.00 target price on shares of Microsoft in a report on Monday, January 27th. UBS Group reduced their target price on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a report on Thursday, January 30th. Royal Bank of Canada reiterated an “outperform” rating and set a $500.00 price target on shares of Microsoft in a report on Thursday, January 30th. DA Davidson reiterated a “neutral” rating and set a $425.00 price target on shares of Microsoft in a report on Thursday, January 30th. Finally, Morgan Stanley cut their price target on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Four research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $509.54.

Microsoft Trading Up 0.1 %

Shares of Microsoft stock opened at $380.45 on Wednesday. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 12-month low of $376.91 and a 12-month high of $468.35. The firm has a market capitalization of $2.83 trillion, a price-to-earnings ratio of 30.63, a PEG ratio of 2.21 and a beta of 0.92. The firm’s 50 day simple moving average is $414.68 and its two-hundred day simple moving average is $421.30.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share 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 period last year, the company earned $2.93 EPS. Analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.87%. Microsoft’s dividend payout ratio is presently 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.