Microsoft Corporation $MSFT is Barlow Wealth Partners Inc.'s 2nd Largest Position

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

Barlow Wealth Partners Inc. increased its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 2.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 95,753 shares of the software giant's stock after acquiring an additional 2,126 shares during the period. Microsoft makes up about 4.9% of Barlow Wealth Partners Inc.'s portfolio, making the stock its 2nd biggest holding. Barlow Wealth Partners Inc.'s holdings in Microsoft were worth $37,521,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MSFT. Ball & Co Wealth Management Inc. acquired a new stake in Microsoft during the 4th quarter worth about $31,000. Newton One Investments LLC grew its position in Microsoft by 66.7% during the 1st quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock worth $28,000 after purchasing an additional 30 shares during the period. LSV Asset Management acquired a new stake in Microsoft during the 4th quarter worth about $44,000. Fairway Wealth LLC acquired a new stake in Microsoft during the 4th quarter worth about $62,000. Finally, IFS Advisors LLC grew its position in Microsoft by 50.0% during the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock worth $57,000 after purchasing an additional 50 shares during the period. Hedge funds and other institutional investors own 71.13% of the company's stock.

Microsoft Stock Performance

Shares of MSFT stock opened at $517.10 on Tuesday. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.12. The firm has a fifty day moving average price of $503.49 and a 200 day moving average price of $441.90. The company has a market cap of $3.84 trillion, a P/E ratio of 37.91, a PEG ratio of 2.28 and a beta of 1.06. Microsoft Corporation has a 12 month low of $344.79 and a 12 month high of $555.45.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share for the quarter, topping the consensus estimate of $3.35 by $0.30. Microsoft had a return on equity of 32.44% and a net margin of 36.15%. The business had revenue of $76.44 billion for the quarter, compared to analyst estimates of $73.79 billion. During the same quarter last year, the company earned $2.95 EPS. The business's quarterly revenue was up 18.1% on a year-over-year basis. Sell-side analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be paid a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.6%. The ex-dividend date is Thursday, August 21st. Microsoft's dividend payout ratio is currently 24.34%.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Kathleen T. Hogan sold 21,500 shares of the company's stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total value of $9,756,055.00. Following the completion of the transaction, the executive vice president owned 134,888 shares in the company, valued at $61,208,127.76. This represents a 13.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Takeshi Numoto sold 4,850 shares of the company's stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $527.32, for a total transaction of $2,557,502.00. Following the completion of the transaction, the executive vice president owned 39,111 shares of the company's stock, valued at $20,624,012.52. This represents a 11.03% decrease in their position. The disclosure for this sale can be found here. Insiders sold 30,350 shares of company stock valued at $14,162,567 in the last 90 days. 0.03% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several brokerages have weighed in on MSFT. Citigroup increased their price target on Microsoft from $605.00 to $613.00 and gave the stock a "buy" rating in a research report on Tuesday, July 22nd. Raymond James Financial raised their target price on Microsoft from $490.00 to $570.00 and gave the company an "outperform" rating in a research report on Monday, July 28th. Guggenheim restated a "neutral" rating on shares of Microsoft in a research report on Thursday, May 1st. Cantor Fitzgerald raised their target price on Microsoft from $581.00 to $639.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. Finally, Royal Bank Of Canada raised their price target on shares of Microsoft from $525.00 to $640.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Two analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Microsoft currently has an average rating of "Moderate Buy" and an average target price of $612.54.

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.

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Corporation (NASDAQ:MSFT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.