Microsoft Co. (NASDAQ:MSFT) is RWWM Inc.'s 10th Largest Position

RWWM Inc. trimmed its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 1.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 94,292 shares of the software giant's stock after selling 906 shares during the quarter. Microsoft accounts for approximately 3.6% of RWWM Inc.'s investment portfolio, making the stock its 10th largest position. RWWM Inc.'s holdings in Microsoft were worth $39,744,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft during the fourth quarter valued at $38,000. IFS Advisors LLC raised its holdings in shares of Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after acquiring an additional 35 shares in the last quarter. LSV Asset Management bought a new stake in shares of Microsoft in the fourth quarter valued at about $44,000. Avondale Wealth Management raised its holdings in shares of Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after acquiring an additional 65 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. bought a new stake in shares of Microsoft in the third quarter valued at about $62,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MSFT. BMO Capital Markets lifted their price objective on Microsoft from $470.00 to $485.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Cantor Fitzgerald lifted their price objective on Microsoft from $502.00 to $512.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. TD Securities lifted their price objective on Microsoft from $475.00 to $490.00 and gave the company a "buy" rating in a report on Thursday, May 1st. Scotiabank lifted their price objective on Microsoft from $470.00 to $500.00 and gave the company a "sector outperform" rating in a report on Thursday, May 1st. Finally, Needham & Company LLC restated a "buy" rating on shares of Microsoft in a report on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating and thirty have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $510.30.

Insider Buying and Selling

In other news, EVP Judson Althoff sold 16,000 shares of the firm's stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the sale, the executive vice president now owns 98,010 shares of the company's stock, valued at $44,906,221.80. This trade represents a 14.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Bradford L. Smith sold 75,000 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the sale, the insider now directly owns 476,999 shares in the company, valued at $207,995,413.95. The trade was a 13.59% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 110,243 shares of company stock worth $48,619,618. 0.03% of the stock is owned by company insiders.

Microsoft Stock Performance

Shares of Microsoft stock opened at $458.17 on Wednesday. The firm has a market capitalization of $3.41 trillion, a P/E ratio of 36.89, a PEG 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. The company has a 50 day moving average price of $398.43 and a 200 day moving average price of $413.04. Microsoft Co. has a 52 week low of $344.79 and a 52 week high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, topping the consensus estimate of $3.22 by $0.24. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The company had revenue of $70.07 billion for the quarter, compared to the consensus estimate of $68.54 billion. During the same quarter in the prior year, the company earned $2.94 EPS. Microsoft's quarterly revenue was up 13.3% on a year-over-year basis. Sell-side analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.72%. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

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.

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