Stordahl Capital Management Inc. Purchases 1,407 Shares of Microsoft Co. (NASDAQ:MSFT)

Stordahl Capital Management Inc. lifted its position in Microsoft Co. (NASDAQ:MSFT) by 40.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 4,909 shares of the software giant’s stock after purchasing an additional 1,407 shares during the quarter. Microsoft accounts for approximately 0.5% of Stordahl Capital Management Inc.’s holdings, making the stock its 21st biggest holding. Stordahl Capital Management Inc.’s holdings in Microsoft were worth $2,069,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in MSFT. Christopher J. Hasenberg Inc grew its holdings in shares of Microsoft by 35.7% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after purchasing an additional 25 shares during the last quarter. IFS Advisors LLC grew its holdings in Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after acquiring an additional 35 shares during the last quarter. Avondale Wealth Management grew its holdings in Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after acquiring an additional 65 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new stake in Microsoft during the 3rd quarter worth about $62,000. Finally, Kieckhefer Group LLC bought a new stake in Microsoft during the 4th quarter worth about $141,000. Institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of MSFT opened at $391.26 on Friday. The stock has a market capitalization of $2.91 trillion, a P/E ratio of 31.50, a P/E/G ratio of 2.21 and a beta of 0.92. Microsoft Co. has a twelve month low of $376.91 and a twelve month high of $468.35. The company has a 50 day moving average of $408.82 and a 200-day moving average of $419.67. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, topping 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 in the previous year, the company posted $2.93 earnings per share. As a group, equities research analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

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. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.85%. Microsoft’s dividend payout ratio is presently 26.73%.

Wall Street Analyst Weigh In

A number of brokerages have commented on MSFT. Loop Capital increased their price objective on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Monday, December 23rd. Cantor Fitzgerald reissued an “overweight” rating and set a $509.00 price objective on shares of Microsoft in a report on Wednesday, January 29th. Stifel Nicolaus cut their target price on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a research report on Friday, March 7th. Mizuho cut their target price on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Finally, Tigress Financial upped their target price on shares of Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the stock. According to MarketBeat.com, Microsoft presently has an average rating of “Moderate Buy” and a consensus price target of $510.59.

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.