Microsoft Co. (NASDAQ:MSFT) Position Raised by Etesian Wealth Advisors Inc.

Etesian Wealth Advisors Inc. grew its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 0.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 13,493 shares of the software giant’s stock after purchasing an additional 118 shares during the period. Microsoft makes up approximately 2.5% of Etesian Wealth Advisors Inc.’s holdings, making the stock its 9th largest position. Etesian Wealth Advisors Inc.’s holdings in Microsoft were worth $5,687,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Spirepoint Private Client LLC raised its position in shares of Microsoft by 11.1% in the 4th quarter. Spirepoint Private Client LLC now owns 72,949 shares of the software giant’s stock worth $30,748,000 after purchasing an additional 7,266 shares during the last quarter. Elm3 Financial Group LLC bought a new stake in Microsoft during the 4th quarter valued at about $5,455,000. Beacon Financial Advisory LLC raised its holdings in Microsoft by 4.8% in the fourth quarter. Beacon Financial Advisory LLC now owns 9,869 shares of the software giant’s stock worth $4,160,000 after buying an additional 456 shares during the last quarter. Private Wealth Management Group LLC lifted its stake in shares of Microsoft by 4.1% in the fourth quarter. Private Wealth Management Group LLC now owns 3,682 shares of the software giant’s stock worth $1,552,000 after buying an additional 146 shares in the last quarter. Finally, Adero Partners LLC grew its holdings in shares of Microsoft by 5.5% during the fourth quarter. Adero Partners LLC now owns 21,125 shares of the software giant’s stock valued at $8,904,000 after buying an additional 1,108 shares during the last quarter. 71.13% of the stock is owned by institutional investors.

Microsoft Price Performance

NASDAQ:MSFT opened at $373.11 on Friday. The stock has a market cap of $2.77 trillion, a PE ratio of 30.04, 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. The business’s 50-day simple moving average is $400.77 and its two-hundred day simple moving average is $417.80. Microsoft Co. has a 52 week low of $367.24 and a 52 week high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping analysts’ consensus estimates of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same period in the previous year, the firm posted $2.93 EPS. As a group, analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The business also recently announced 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 0.89%. Microsoft’s dividend payout ratio is 26.73%.

Analysts Set New Price Targets

Several research firms recently issued reports on MSFT. Mizuho lowered their price objective on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Morgan Stanley dropped their price objective on Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Tigress Financial raised their price target on shares of Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a report on Thursday, March 20th. Guggenheim restated a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Finally, Jefferies Financial Group cut their target price on shares of Microsoft from $550.00 to $500.00 and set a “buy” rating for the company in a research report on Monday. Four analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, Microsoft has a consensus rating of “Moderate Buy” and an average target price of $508.86.

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.