Lincoln Capital LLC Has $16.74 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Lincoln Capital LLC lessened its stake in Microsoft Co. (NASDAQ:MSFT) by 1.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 39,714 shares of the software giant’s stock after selling 643 shares during the period. Microsoft makes up approximately 3.5% of Lincoln Capital LLC’s holdings, making the stock its 8th largest position. Lincoln Capital LLC’s holdings in Microsoft were worth $16,739,000 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. WFA Asset Management Corp boosted its holdings in shares of Microsoft by 27.0% during the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after purchasing an additional 216 shares during the last quarter. Ironwood Wealth Management LLC. raised its position in shares of Microsoft by 0.3% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after buying an additional 38 shares in the last quarter. Argent Trust Co raised its position in shares of Microsoft by 2.0% during the 2nd quarter. Argent Trust Co now owns 277,466 shares of the software giant’s stock valued at $124,014,000 after buying an additional 5,365 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its position in shares of Microsoft by 2.2% during the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 270,546 shares of the software giant’s stock valued at $120,921,000 after buying an additional 5,903 shares in the last quarter. Finally, Tredje AP fonden raised its position in shares of Microsoft by 10.9% during the 2nd quarter. Tredje AP fonden now owns 1,832,885 shares of the software giant’s stock valued at $819,208,000 after buying an additional 179,700 shares in the last quarter. Institutional investors own 71.13% of the company’s stock.

Analyst Upgrades and Downgrades

MSFT has been the topic of a number of recent analyst reports. Royal Bank of Canada reissued an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a research report on Thursday, January 30th. 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 research report on Monday, December 23rd. UBS Group reduced their price objective on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research report on Thursday, January 30th. Piper Sandler reissued an “overweight” rating and issued a $520.00 price objective on shares of Microsoft in a research report on Monday, January 27th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $509.00 price objective on shares of Microsoft in a research report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $510.96.

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $447.41, for a total value of $1,118,525.00. Following the completion of the sale, the chief marketing officer now directly owns 49,352 shares in the company, valued at $22,080,578.32. This trade represents a 4.82 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is owned by insiders.

Microsoft Price Performance

NASDAQ MSFT opened at $388.61 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The firm’s 50 day moving average price is $418.73 and its 200-day moving average price is $422.36. Microsoft Co. has a 52-week low of $381.00 and a 52-week high of $468.35. The company has a market cap of $2.89 trillion, a PE ratio of 31.29, a P/E/G ratio of 2.21 and a beta of 0.90.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (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 quarter in the prior year, the firm earned $2.93 EPS. Sell-side analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal year.

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.