Cadinha & Co. LLC Has $35.82 Million Position in Microsoft Corporation $MSFT

Key Points

• Cadinha & Co. LLC boosted its Microsoft stake by 9.1% in the fourth quarter, adding 6,175 shares to reach 74,073 shares valued at about $35.82 million. Microsoft is now the fund’s fourth-largest holding and makes up roughly 5.5% of its portfolio.
• Microsoft continues to draw strong institutional and analyst support, with 71.13% of shares owned by hedge funds and other institutions. Wall Street’s consensus remains Moderate Buy, even though several firms recently trimmed their price targets.
• The company’s latest results were solid, with earnings of $4.27 per share beating estimates and revenue rising 18.3% year over year to $82.89 billion. Microsoft also announced a quarterly dividend of $0.91 per share, payable June 11.

Cadinha & Co. LLC increased its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 9.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,073 shares of the software giant's stock after buying an additional 6,175 shares during the period. Microsoft accounts for about 5.5% of Cadinha & Co. LLC's investment portfolio, making the stock its 4th biggest position. Cadinha & Co. LLC's holdings in Microsoft were worth $35,823,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Longfellow Investment Management Co. LLC lifted its position in shares of Microsoft by 51.3% in the second quarter. Longfellow Investment Management Co. LLC now owns 59 shares of the software giant's stock worth $29,000 after buying an additional 20 shares in the last quarter. Bayforest Capital Ltd purchased a new stake in shares of Microsoft in the third quarter worth about $38,000. Fairway Wealth LLC lifted its position in shares of Microsoft by 287.0% in the fourth quarter. Fairway Wealth LLC now owns 89 shares of the software giant's stock worth $43,000 after buying an additional 66 shares in the last quarter. LSV Asset Management purchased a new stake in shares of Microsoft in the fourth quarter worth about $44,000. Finally, Sellwood Investment Partners LLC purchased a new stake in shares of Microsoft in the third quarter worth about $49,000. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Microsoft

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Microsoft’s Azure cloud business is still growing strongly, with recent commentary pointing to about 40% growth, reinforcing the company’s AI and cloud leadership thesis. 9 Best Cloud Stocks to Buy as Azure Growth Hits 40%
• Positive Sentiment: The jury defeat for Elon Musk’s lawsuit against OpenAI removed a legal overhang around Microsoft’s AI partner ecosystem and was viewed as a bullish development for MSFT’s broader AI strategy. Musk loses blockbuster OpenAI suit as jury says too late
• Positive Sentiment: New product news around Surface devices for business and AI workloads suggests Microsoft is still pushing enterprise hardware and AI adoption across its ecosystem. Microsoft launches Surface Pro 12 and Surface Laptop 8 with Intel chips
• Neutral Sentiment: Microsoft also unveiled enterprise Surface models powered by Intel Core Ultra chips, which is a product refresh but not likely a major near-term stock catalyst on its own. Microsoft (MSFT) Unveils Enterprise Surface Lineup Powered by Intel Core Ultra Series 3
• Neutral Sentiment: LinkedIn said it will lay off more than 600 employees, a cost-cutting move that may help margins but also signals restructuring inside Microsoft’s professional networking unit. Panic in California as LinkedIn announces hundreds of layoffs
• Negative Sentiment: Some investors are focusing on concerns about mixed Xbox messaging, which may be weighing on sentiment around Microsoft’s gaming segment. Microsoft Stock (MSFT) Slips on Mixed Xbox Messaging
• Negative Sentiment: Another report highlighted a Windows drivers issue that could hurt battery life on Windows 11 laptops, adding a small but negative product-quality overhang. “Blind Spot” in Windows Drivers Leads to Sub-Par Battery Life, Microsoft Stock NASDAQ: MSFT Slips
• Negative Sentiment: Insider selling by EVP Amy Coleman, while modest, can also dampen sentiment when the stock is already under pressure. Microsoft NASDAQ: MSFT EVP Amy Coleman Sells 1,262 Shares

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Truist Financial lowered their price target on shares of Microsoft from $675.00 to $575.00 and set a "buy" rating for the company in a report on Thursday, April 30th. The Goldman Sachs Group restated a "buy" rating on shares of Microsoft in a research report on Thursday, April 30th. New Street Research lowered their price objective on Microsoft from $675.00 to $600.00 and set a "buy" rating for the company in a research note on Thursday, April 30th. Scotiabank lowered their price objective on Microsoft from $600.00 to $550.00 and set an "outperform" rating for the company in a research note on Thursday, April 30th. Finally, DA Davidson lowered their price objective on Microsoft from $650.00 to $550.00 and set a "buy" rating for the company in a research note on Thursday, April 30th. Thirty-nine analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, Microsoft currently has a consensus rating of "Moderate Buy" and an average price target of $560.88.

Insider Activity at Microsoft

In other news, EVP Kathleen T. Hogan sold 12,321 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $409.52, for a total value of $5,045,695.92. Following the sale, the executive vice president directly owned 137,933 shares in the company, valued at approximately $56,486,322.16. This represents a 8.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Amy Coleman sold 1,262 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $411.34, for a total value of $519,111.08. Following the completion of the sale, the executive vice president owned 46,003 shares in the company, valued at approximately $18,922,874.02. The trade was a 2.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.03% of the company's stock.

Microsoft Price Performance

NASDAQ:MSFT opened at $417.42 on Wednesday. The firm has a market capitalization of $3.10 trillion, a price-to-earnings ratio of 24.85, a PEG ratio of 1.53 and a beta of 1.10. Microsoft Corporation has a 1 year low of $356.28 and a 1 year high of $555.45. The business has a 50 day simple moving average of $398.60 and a 200-day simple moving average of $439.04. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.28 and a quick ratio of 1.27.

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

Microsoft Dividend Announcement

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

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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