Microsoft Co. (NASDAQ:MSFT) Shares Bought by Dynasty Wealth Management LLC

Dynasty Wealth Management LLC grew its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 5.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,022 shares of the software giant's stock after acquiring an additional 1,059 shares during the period. Dynasty Wealth Management LLC's holdings in Microsoft were worth $8,861,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Fiduciary Advisors Inc. purchased a new stake in Microsoft during the fourth quarter worth $38,000. IFS Advisors LLC raised its position in shares of Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after acquiring an additional 35 shares in the last quarter. Avondale Wealth Management boosted its position in Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after purchasing an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new position in Microsoft in the third quarter valued at about $62,000. Finally, Kieckhefer Group LLC bought a new position in Microsoft in the fourth quarter worth about $141,000. Hedge funds and other institutional investors own 71.13% of the company's stock.

Microsoft Price Performance

Shares of MSFT stock traded up $5.83 during trading hours on Thursday, hitting $439.18. 15,495,060 shares of the company's stock were exchanged, compared to its average volume of 21,352,444. The firm has a 50 day moving average of $387.20 and a two-hundred day moving average of $411.42. Microsoft Co. has a fifty-two week low of $344.79 and a fifty-two week high of $468.35. The firm has a market cap of $3.26 trillion, a P/E ratio of 35.43, a P/E/G ratio of 2.21 and a beta of 0.99. 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 (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.22 by $0.24. The business had revenue of $70.07 billion for the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The company's revenue was up 13.3% compared to the same quarter last year. During the same period last year, the firm posted $2.94 earnings per share. Sell-side analysts forecast that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.76%. The ex-dividend date is Thursday, May 15th. Microsoft's payout ratio is 25.66%.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of analyst reports. Tigress Financial increased their target price on shares of Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a research report on Thursday, March 20th. TD Securities raised their price target on Microsoft from $475.00 to $490.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. KeyCorp restated a "sector weight" rating on shares of Microsoft in a research note on Thursday, April 17th. Royal Bank of Canada lifted their target price on shares of Microsoft from $500.00 to $525.00 and gave the stock an "outperform" rating in a research note on Thursday, May 1st. Finally, Evercore ISI upped their price target on shares of Microsoft from $435.00 to $500.00 and gave the company an "outperform" rating in a research note on Thursday, May 1st. Five analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the stock. According to data from MarketBeat.com, Microsoft currently has a consensus rating of "Moderate Buy" and an average price target of $507.77.

Insiders Place Their Bets

In other news, insider Bradford L. Smith sold 75,000 shares of Microsoft stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $436.05, for a total value of $32,703,750.00. Following the sale, the insider now directly owns 476,999 shares of the company's stock, valued at $207,995,413.95. The trade was a 13.59 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.03% of the stock is owned by company insiders.

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.