Adamsbrown Wealth Consultants LLC Has $2.04 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Adamsbrown Wealth Consultants LLC increased its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 3.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,433 shares of the software giant’s stock after purchasing an additional 204 shares during the quarter. Microsoft makes up about 0.9% of Adamsbrown Wealth Consultants LLC’s portfolio, making the stock its 16th largest holding. Adamsbrown Wealth Consultants LLC’s holdings in Microsoft were worth $2,043,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Sicart Associates LLC raised its holdings in shares of Microsoft by 2.9% in the fourth quarter. Sicart Associates LLC now owns 926 shares of the software giant’s stock valued at $348,000 after purchasing an additional 26 shares during the last quarter. Capital Wealth Management LLC raised its holdings in shares of Microsoft by 1.7% in the fourth quarter. Capital Wealth Management LLC now owns 1,592 shares of the software giant’s stock valued at $599,000 after purchasing an additional 26 shares during the last quarter. Mayfair Advisory Group LLC raised its holdings in shares of Microsoft by 0.7% in the fourth quarter. Mayfair Advisory Group LLC now owns 3,866 shares of the software giant’s stock valued at $1,434,000 after purchasing an additional 27 shares during the last quarter. Triton Wealth Management PLLC raised its holdings in shares of Microsoft by 0.5% in the fourth quarter. Triton Wealth Management PLLC now owns 5,864 shares of the software giant’s stock valued at $2,167,000 after purchasing an additional 28 shares during the last quarter. Finally, O Connor Financial Group LLC raised its holdings in shares of Microsoft by 1.4% in the third quarter. O Connor Financial Group LLC now owns 2,191 shares of the software giant’s stock valued at $692,000 after purchasing an additional 31 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MSFT has been the subject of several analyst reports. BMO Capital Markets increased their target price on shares of Microsoft from $455.00 to $465.00 and gave the company an “outperform” rating in a report on Friday, April 12th. KeyCorp initiated coverage on shares of Microsoft in a research report on Thursday, March 21st. They set an “overweight” rating and a $490.00 price target for the company. Macquarie increased their price target on shares of Microsoft from $430.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday, January 31st. Barclays increased their price target on shares of Microsoft from $421.00 to $475.00 and gave the company an “overweight” rating in a research report on Wednesday, January 31st. Finally, Morgan Stanley increased their price target on shares of Microsoft from $465.00 to $520.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Three investment analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and an average price target of $452.61.

Insider Buying and Selling

In related news, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total value of $1,950,000.00. Following the transaction, the insider now directly owns 11,677,398 shares of the company’s stock, valued at $22,770,926.10. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total value of $1,950,000.00. Following the transaction, the insider now directly owns 11,677,398 shares of the company’s stock, valued at $22,770,926.10. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction on Monday, March 11th. The shares were sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the completion of the sale, the executive vice president now owns 159,764 shares in the company, valued at approximately $64,538,265.44. The disclosure for this sale can be found here. 0.03% of the stock is owned by insiders.

Microsoft Trading Up 0.3 %

MSFT stock opened at $410.54 on Thursday. The company has a market capitalization of $3.05 trillion, a PE ratio of 35.54, a price-to-earnings-growth ratio of 2.15 and a beta of 0.89. Microsoft Co. has a one year low of $306.26 and a one year high of $430.82. The company’s 50 day moving average price is $413.84 and its two-hundred day moving average price is $392.05. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, topping the consensus estimate of $2.81 by $0.13. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The firm had revenue of $61.86 billion for the quarter, compared to the consensus estimate of $60.86 billion. During the same period last year, the firm posted $2.45 earnings per share. The business’s revenue was up 17.0% compared to the same quarter last year. As a group, analysts predict that Microsoft Co. will post 11.76 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s payout ratio is 25.97%.

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.