Microsoft Co. (NASDAQ:MSFT) is Sargent Investment Group LLC’s 4th Largest Position

Sargent Investment Group LLC raised its holdings in Microsoft Co. (NASDAQ:MSFT) by 10.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 52,869 shares of the software giant’s stock after purchasing an additional 4,860 shares during the quarter. Microsoft accounts for approximately 3.6% of Sargent Investment Group LLC’s investment portfolio, making the stock its 4th biggest holding. Sargent Investment Group LLC’s holdings in Microsoft were worth $22,056,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Net Worth Advisory Group acquired a new position in Microsoft in the third quarter valued at approximately $2,645,000. Adamsbrown Wealth Consultants LLC increased its holdings in shares of Microsoft by 2.2% during the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant’s stock valued at $2,515,000 after purchasing an additional 130 shares in the last quarter. Oak Ridge Investments LLC lifted its stake in shares of Microsoft by 7.6% in the 3rd quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock valued at $113,399,000 after purchasing an additional 18,544 shares during the period. Focus Financial Network Inc. boosted its holdings in Microsoft by 2.0% during the third quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock worth $32,830,000 after buying an additional 1,489 shares in the last quarter. Finally, Campbell Wealth Management acquired a new stake in Microsoft during the third quarter valued at $3,314,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Price Performance

NASDAQ:MSFT opened at $375.39 on Tuesday. The company has a market capitalization of $2.79 trillion, a P/E ratio of 30.22, a P/E/G ratio of 2.21 and a beta of 0.92. 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 Co. has a 52 week low of $367.24 and a 52 week high of $468.35. The stock’s fifty day moving average is $404.45 and its two-hundred day moving average is $418.77.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating 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 in the previous year, the company earned $2.93 EPS. Equities analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The business also recently disclosed 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. The ex-dividend date is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.88%. Microsoft’s payout ratio is currently 26.73%.

Analysts Set New Price Targets

MSFT has been the topic of several recent analyst reports. Royal Bank of Canada reissued an “outperform” rating and set a $500.00 target price on shares of Microsoft in a research note on Thursday, January 30th. Loop Capital increased their price target on Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. Cantor Fitzgerald restated an “overweight” rating and issued a $509.00 price objective on shares of Microsoft in a research report on Wednesday, January 29th. Jefferies Financial Group dropped their price target on shares of Microsoft from $550.00 to $500.00 and set a “buy” rating on the stock in a research note on Monday. Finally, Guggenheim restated a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Three research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. According to MarketBeat.com, Microsoft currently has an average rating of “Moderate Buy” and a consensus price target of $508.86.

Microsoft 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.