Microsoft Corporation (NASDAQ:MSFT) Shares Purchased by Baldwin Wealth Partners LLC MA

Baldwin Wealth Partners LLC MA grew its position in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 1.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 199,953 shares of the software giant's stock after acquiring an additional 2,171 shares during the quarter. Microsoft comprises 5.3% of Baldwin Wealth Partners LLC MA's portfolio, making the stock its 2nd biggest position. Baldwin Wealth Partners LLC MA's holdings in Microsoft were worth $75,060,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of MSFT. Ball & Co Wealth Management Inc. acquired a new position in Microsoft in the fourth quarter worth about $31,000. Fiduciary Advisors Inc. bought a new position in Microsoft during the 4th quarter worth approximately $38,000. LSV Asset Management acquired a new position in shares of Microsoft in the 4th quarter worth approximately $44,000. IFS Advisors LLC increased its holdings in shares of Microsoft by 50.0% in the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock valued at $57,000 after acquiring an additional 50 shares during the last quarter. Finally, Fairway Wealth LLC bought a new stake in shares of Microsoft in the 4th quarter valued at approximately $62,000. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Bradford L. Smith sold 75,000 shares of the business's stock in a transaction 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 owned 476,999 shares in the company, valued at approximately $207,995,413.95. The trade was a 13.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Amy Coleman sold 13,243 shares of the stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $452.01, for a total value of $5,985,968.43. Following the completion of the sale, the executive vice president owned 43,100 shares in the company, valued at approximately $19,481,631. The trade was a 23.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 135,743 shares of company stock worth $60,224,683. Company insiders own 0.03% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on MSFT shares. Piper Sandler increased their price objective on Microsoft from $475.00 to $600.00 and gave the stock an "overweight" rating in a report on Thursday. Wells Fargo & Company upped their target price on Microsoft from $565.00 to $585.00 and gave the company an "overweight" rating in a report on Wednesday, June 25th. Citigroup raised their price objective on shares of Microsoft from $540.00 to $605.00 and gave the stock a "buy" rating in a research note on Wednesday, June 11th. Bank of America dropped their price target on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. Finally, Benchmark restated a "buy" rating on shares of Microsoft in a report on Thursday, May 1st. Four equities research analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $534.14.

Microsoft Trading Down 0.4%

MSFT traded down $2.03 on Thursday, reaching $501.48. 16,466,043 shares of the company traded hands, compared to its average volume of 21,679,969. The company has a market cap of $3.73 trillion, a P/E ratio of 38.75, a price-to-earnings-growth ratio of 2.28 and a beta of 1.04. The company has a quick ratio of 1.36, a current ratio of 1.37 and a debt-to-equity ratio of 0.12. Microsoft Corporation has a one year low of $344.79 and a one year high of $506.78. The firm has a fifty day simple moving average of $467.76 and a two-hundred day simple moving average of $424.96.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, beating analysts' consensus estimates of $3.22 by $0.24. Microsoft had a return on equity of 32.74% and a net margin of 35.79%. The company had revenue of $70.07 billion for the quarter, compared to the consensus estimate of $68.54 billion. During the same quarter last year, the company earned $2.94 earnings per share. The firm's revenue for the quarter was up 13.3% compared to the same quarter last year. As a group, equities research analysts expect that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be given a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date is Thursday, August 21st. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

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.