Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Tiller Private Wealth Inc.

Tiller Private Wealth Inc. raised its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 3.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,531 shares of the software giant’s stock after acquiring an additional 49 shares during the quarter. Microsoft makes up 0.3% of Tiller Private Wealth Inc.’s investment portfolio, making the stock its 19th biggest holding. Tiller Private Wealth Inc.’s holdings in Microsoft were worth $684,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in MSFT. Signaturefd LLC lifted its holdings in shares of Microsoft by 6.9% in the 4th quarter. Signaturefd LLC now owns 172,060 shares of the software giant’s stock valued at $64,701,000 after purchasing an additional 11,114 shares during the last quarter. Tradewinds Capital Management LLC lifted its holdings in shares of Microsoft by 0.5% in the 4th quarter. Tradewinds Capital Management LLC now owns 16,252 shares of the software giant’s stock valued at $6,111,000 after purchasing an additional 75 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd lifted its holdings in shares of Microsoft by 11.4% in the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 447,232 shares of the software giant’s stock valued at $168,149,000 after purchasing an additional 45,778 shares during the last quarter. Gradient Capital Advisors LLC lifted its holdings in shares of Microsoft by 0.9% in the 4th quarter. Gradient Capital Advisors LLC now owns 14,859 shares of the software giant’s stock valued at $5,587,000 after purchasing an additional 137 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Microsoft by 0.4% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,021,367 shares of the software giant’s stock valued at $384,075,000 after purchasing an additional 4,051 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Microsoft

In other Microsoft news, CEO Satya Nadella sold 14,398 shares of the stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $417.41, for a total transaction of $6,009,869.18. Following the sale, the chief executive officer now owns 786,933 shares in the company, valued at approximately $328,473,703.53. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other Microsoft news, EVP Kathleen T. Hogan sold 17,378 shares of the stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $411.85, for a total transaction of $7,157,129.30. Following the transaction, the executive vice president now owns 150,161 shares of the company’s stock, valued at approximately $61,843,807.85. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Satya Nadella sold 14,398 shares of the stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $417.41, for a total value of $6,009,869.18. Following the transaction, the chief executive officer now directly owns 786,933 shares in the company, valued at approximately $328,473,703.53. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 190,629 shares of company stock worth $77,916,485. 0.03% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have commented on MSFT shares. Oppenheimer upped their price objective on Microsoft from $450.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, June 7th. UBS Group reduced their price objective on Microsoft from $520.00 to $510.00 and set a “buy” rating for the company in a research note on Wednesday, July 31st. Bank of America upped their price objective on Microsoft from $480.00 to $510.00 and gave the company a “buy” rating in a research note on Wednesday, July 17th. Wells Fargo & Company upped their price objective on Microsoft from $500.00 to $515.00 and gave the company an “overweight” rating in a research note on Wednesday, July 31st. Finally, Mizuho upped their price objective on Microsoft from $450.00 to $480.00 and gave the company an “outperform” rating in a research note on Tuesday, July 16th. Two equities research analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $494.72.

Microsoft Stock Performance

MSFT opened at $430.81 on Thursday. The stock has a market cap of $3.20 trillion, a P/E ratio of 37.30, a P/E/G ratio of 2.14 and a beta of 0.90. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.27 and a quick ratio of 1.27. The stock’s 50 day simple moving average is $421.60 and its 200 day simple moving average is $423.78. Microsoft Co. has a 1-year low of $309.45 and a 1-year high of $468.35.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Tuesday, July 30th. The software giant reported $2.95 EPS for the quarter, beating analysts’ consensus estimates of $2.90 by $0.05. The firm had revenue of $64.73 billion for the quarter, compared to analysts’ expectations of $64.38 billion. Microsoft had a return on equity of 35.95% and a net margin of 35.96%. Microsoft’s quarterly revenue was up 15.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.69 EPS. As a group, equities analysts anticipate that Microsoft Co. will post 13.04 EPS for the current fiscal year.

Microsoft Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Thursday, November 21st will be issued a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date of this dividend is Thursday, November 21st. This is a boost from Microsoft’s previous quarterly dividend of $0.75. Microsoft’s dividend payout ratio is 25.97%.

Microsoft Company 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.