Baskin Financial Services Inc. Has $69.28 Million Stock Holdings in Microsoft Corporation $MSFT

Key Points

• Baskin Financial Services trimmed its Microsoft stake by 1.2% in the fourth quarter, but the fund still held 143,262 shares worth about $69.28 million, making Microsoft its third-largest holding.
• Microsoft reported strong quarterly results, with EPS of $4.27 and revenue of $82.89 billion, both ahead of analyst expectations. Revenue rose 18.3% year over year, underscoring continued business momentum.
• The company also declared a quarterly dividend of $0.91 per share and continues to draw bullish analyst attention, with a consensus rating of Moderate Buy and an average price target of $562.69.

Baskin Financial Services Inc. lowered its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 1.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 143,262 shares of the software giant's stock after selling 1,804 shares during the period. Microsoft accounts for 5.2% of Baskin Financial Services Inc.'s portfolio, making the stock its 3rd largest holding. Baskin Financial Services Inc.'s holdings in Microsoft were worth $69,284,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. IRON Financial LLC grew its holdings in shares of Microsoft by 23.2% in the 3rd quarter. IRON Financial LLC now owns 6,510 shares of the software giant's stock valued at $3,372,000 after buying an additional 1,225 shares during the period. PMG Family Office LLC acquired a new position in shares of Microsoft in the 3rd quarter valued at $828,000. Trifecta Capital Advisors LLC grew its holdings in shares of Microsoft by 2.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 70,175 shares of the software giant's stock valued at $36,347,000 after buying an additional 1,572 shares during the period. TD Waterhouse Canada Inc. grew its holdings in shares of Microsoft by 1.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 949,901 shares of the software giant's stock valued at $493,860,000 after buying an additional 9,700 shares during the period. Finally, Weaver Capital Management LLC grew its holdings in shares of Microsoft by 14.0% in the 3rd quarter. Weaver Capital Management LLC now owns 18,340 shares of the software giant's stock valued at $9,499,000 after buying an additional 2,247 shares during the period. Institutional investors own 71.13% of the company's stock.

More Microsoft News

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Microsoft’s CEO testified that the company supported OpenAI’s shift toward a for-profit structure, reinforcing the importance of Microsoft’s AI investment and the potential upside from its partnership with OpenAI. Microsoft's C.E.O. Intervened When OpenAI Fired Sam Altman, Musk's Lawyer Claims
• Positive Sentiment: Multiple reports emphasized Microsoft’s growing AI thesis, with analysts pointing to strong cloud growth, improving AI monetization, and continued long-term upside from enterprise demand. Microsoft’s (MSFT) Q3 Revealed 3 Things that Matter for the AI Bull Case
• Positive Sentiment: Some commentary argued Microsoft still looks undervalued based on free-cash-flow projections, even after higher capital spending, which can support the stock among long-term investors. Microsoft Stock Still Looks Undervalued Based on FCF Projections, Despite Higher Capex
• Neutral Sentiment: Market coverage continues to frame Microsoft as a major AI and cloud winner, but several articles are opinion pieces or commentary rather than new fundamental developments. Microsoft Stock Analysis: My Final Verdict
• Negative Sentiment: There was also some negative noise around Microsoft’s African data center delays and questions about AI and software disruption, which could add caution around execution and future growth assumptions. Microsoft's African data center falters on payment demands, Bloomberg News reports

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $412.66 on Tuesday. The firm has a market cap of $3.07 trillion, a PE ratio of 24.56, a PEG ratio of 1.50 and a beta of 1.10. The company has a current ratio of 1.28, a quick ratio of 1.27 and a debt-to-equity ratio of 0.08. Microsoft Corporation has a 1-year low of $356.28 and a 1-year high of $555.45. The company has a fifty day moving average price of $397.30 and a 200 day moving average price of $443.93.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its earnings results on Wednesday, April 29th. The software giant reported $4.27 earnings per share for the quarter, topping analysts' consensus estimates of $4.06 by $0.21. The firm had revenue of $82.89 billion during the quarter, compared to analyst estimates of $81.44 billion. Microsoft had a net margin of 39.34% and a return on equity of 31.94%. The company's revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period in the prior year, the business earned $3.46 EPS. Research analysts predict that Microsoft Corporation will post 16.76 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be given a dividend of $0.91 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $3.64 annualized dividend and a yield of 0.9%. Microsoft's payout ratio is 21.67%.

Insider Activity

In other Microsoft news, EVP Kathleen T. Hogan sold 12,321 shares of the business's stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $409.52, for a total transaction of $5,045,695.92. Following the sale, the executive vice president directly owned 137,933 shares of the company's stock, valued at $56,486,322.16. The trade was a 8.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director John W. Stanton purchased 5,000 shares of the business's stock in a transaction on Wednesday, February 18th. The shares were acquired at an average cost of $397.35 per share, for a total transaction of $1,986,750.00. Following the completion of the transaction, the director directly owned 83,905 shares in the company, valued at approximately $33,339,651.75. This represents a 6.34% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.03% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on MSFT. The Goldman Sachs Group reissued a "buy" rating on shares of Microsoft in a report on Thursday, April 30th. Arete Research boosted their price target on shares of Microsoft from $730.00 to $870.00 and gave the company a "buy" rating in a report on Tuesday, May 5th. DA Davidson decreased their price target on shares of Microsoft from $650.00 to $550.00 and set a "buy" rating for the company in a report on Thursday, April 30th. Dbs Bank decreased their price target on shares of Microsoft from $678.00 to $573.00 in a report on Thursday, May 7th. Finally, Mizuho decreased their price target on shares of Microsoft from $620.00 to $515.00 and set an "outperform" rating for the company in a report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and seven have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $562.69.

Microsoft Profile

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft's product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

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