Radnor Capital Management LLC Purchases 968 Shares of Microsoft Corporation (NASDAQ:MSFT)

Radnor Capital Management LLC boosted its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 3.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,328 shares of the software giant's stock after buying an additional 968 shares during the quarter. Microsoft makes up about 1.7% of Radnor Capital Management LLC's holdings, making the stock its 8th largest position. Radnor Capital Management LLC's holdings in Microsoft were worth $9,883,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of MSFT. Fosun International Ltd increased its position in shares of Microsoft by 0.3% during the first quarter. Fosun International Ltd now owns 6,633 shares of the software giant's stock worth $2,490,000 after acquiring an additional 23 shares during the last quarter. Muirfield Wealth Advisors LLC increased its holdings in Microsoft by 0.5% in the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock valued at $1,866,000 after buying an additional 24 shares during the last quarter. Retirement Financial Solutions LLC increased its holdings in Microsoft by 2.3% in the fourth quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock valued at $443,000 after buying an additional 24 shares during the last quarter. Sterling Group Wealth Management LLC increased its holdings in Microsoft by 0.5% in the fourth quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant's stock valued at $2,335,000 after buying an additional 25 shares during the last quarter. Finally, Kuhn & Co Investment Counsel increased its holdings in Microsoft by 0.8% in the fourth quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock valued at $1,385,000 after buying an additional 25 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.

Microsoft Stock Performance

Shares of NASDAQ MSFT traded down $1.10 during mid-day trading on Tuesday, hitting $496.62. The company had a trading volume of 11,836,319 shares, compared to its average volume of 21,679,755. Microsoft Corporation has a 12 month low of $344.79 and a 12 month high of $500.76. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.37 and a quick ratio of 1.36. The firm has a market cap of $3.69 trillion, a P/E ratio of 38.38, a PEG ratio of 2.25 and a beta of 1.04. The business's 50-day simple moving average is $463.54 and its 200-day simple moving average is $423.91.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating the consensus estimate of $3.22 by $0.24. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The business had revenue of $70.07 billion for the quarter, compared to analysts' expectations of $68.54 billion. During the same period in the prior year, the firm earned $2.94 earnings per share. Microsoft's revenue was up 13.3% compared to the same quarter last year. As a group, analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm 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. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a yield of 0.67%. Microsoft's payout ratio is presently 25.66%.

Insider Transactions at Microsoft

In other news, insider Bradford L. Smith sold 75,000 shares of Microsoft stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the transaction, the insider directly owned 476,999 shares of the company's stock, valued at $207,995,413.95. This trade represents a 13.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Amy Coleman sold 13,243 shares of the firm's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the sale, the executive vice president owned 43,100 shares in the company, valued at approximately $19,481,631. The trade was a 23.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 135,743 shares of company stock valued at $60,224,683. 0.03% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have commented on MSFT. JPMorgan Chase & Co. lifted their target price on Microsoft from $465.00 to $475.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. KeyCorp reiterated a "sector weight" rating on shares of Microsoft in a research report on Thursday, April 17th. Bank of America reduced their price objective on Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. Wall Street Zen cut Microsoft from a "buy" rating to a "hold" rating in a report on Monday, June 30th. Finally, Wells Fargo & Company boosted their target price on Microsoft from $565.00 to $585.00 and gave the stock an "overweight" rating in a report on Wednesday, June 25th. Five analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $524.71.

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.