Microsoft Corporation $MSFT Position Raised by Tandem Investment Advisors Inc.

Key Points

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Tandem Investment Advisors Inc. lifted its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 22.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 244,294 shares of the software giant's stock after purchasing an additional 44,073 shares during the quarter. Microsoft comprises about 3.2% of Tandem Investment Advisors Inc.'s investment portfolio, making the stock its 15th largest holding. Tandem Investment Advisors Inc.'s holdings in Microsoft were worth $91,706,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Newton One Investments LLC grew its holdings in Microsoft by 66.7% during the first quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock worth $28,000 after acquiring an additional 30 shares during the period. Ball & Co Wealth Management Inc. purchased a new position in Microsoft in the 4th quarter worth about $31,000. LSV Asset Management purchased a new position in Microsoft in the 4th quarter worth about $44,000. IFS Advisors LLC increased its stake in Microsoft by 50.0% in 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 in the last quarter. Finally, Fairway Wealth LLC purchased a new position in Microsoft in the 4th quarter worth about $62,000. 71.13% of the stock is currently owned by institutional investors.

Microsoft Stock Performance

Shares of NASDAQ:MSFT opened at $517.10 on Tuesday. The business's fifty day moving average price is $503.49 and its two-hundred day moving average price is $441.90. Microsoft Corporation has a fifty-two week low of $344.79 and a fifty-two week high of $555.45. The stock has a market capitalization of $3.84 trillion, a price-to-earnings ratio of 37.91, a price-to-earnings-growth ratio of 2.28 and a beta of 1.06. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share for the quarter, beating analysts' consensus estimates of $3.35 by $0.30. Microsoft had a return on equity of 32.44% and a net margin of 36.15%. The firm had revenue of $76.44 billion for the quarter, compared to analysts' expectations of $73.79 billion. During the same period in the prior year, the business posted $2.95 earnings per share. The business's revenue was up 18.1% compared to the same quarter last year. As a group, analysts predict that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders 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 yield of 0.6%. The ex-dividend date is Thursday, August 21st. Microsoft's dividend payout ratio is 24.34%.

Analyst Upgrades and Downgrades

MSFT has been the topic of a number of analyst reports. Raymond James Financial lifted their price target on Microsoft from $490.00 to $570.00 and gave the stock an "outperform" rating in a research note on Monday, July 28th. Sanford C. Bernstein lifted their price target on Microsoft from $540.00 to $637.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Westpark Capital reissued a "hold" rating on shares of Microsoft in a research note on Thursday, July 31st. Stifel Nicolaus lifted their price target on Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a research note on Monday, July 28th. Finally, Barclays lifted their price target on Microsoft from $550.00 to $625.00 and gave the stock an "overweight" 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. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $612.54.

Insiders Place Their Bets

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 stock was sold at an average price of $453.77, for a total value of $9,756,055.00. Following the sale, the executive vice president directly 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 sale 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 value of $2,557,502.00. Following the completion of the sale, the executive vice president owned 39,111 shares in the company, valued at $20,624,012.52. This trade represents a 11.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 30,350 shares of company stock worth $14,162,567 over the last quarter. Company insiders own 0.03% of the company's stock.

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.

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