Radnor Capital Management LLC Has $9.88 Million Holdings in Microsoft Corporation (NASDAQ:MSFT)

Radnor Capital Management LLC grew its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 3.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 26,328 shares of the software giant's stock after purchasing an additional 968 shares during the period. Microsoft comprises about 1.7% of Radnor Capital Management LLC's portfolio, 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 reporting period.

Several other hedge funds also recently bought and sold shares of MSFT. Adamsbrown Wealth Consultants LLC raised its holdings in shares of Microsoft by 2.2% during the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock worth $2,515,000 after acquiring an additional 130 shares during the period. Mcdaniel Terry & Co. raised its holdings in shares of Microsoft by 6.1% during the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock worth $133,023,000 after acquiring an additional 18,052 shares during the period. 1900 Wealth Management LLC raised its holdings in shares of Microsoft by 3.0% during the fourth quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock worth $4,274,000 after acquiring an additional 294 shares during the period. Strategic Financial Services Inc. raised its holdings in shares of Microsoft by 7.8% during the fourth quarter. Strategic Financial Services Inc. now owns 17,426 shares of the software giant's stock worth $7,345,000 after acquiring an additional 1,268 shares during the period. Finally, Elevate Wealth Advisory Inc. raised its holdings in shares of Microsoft by 147.9% during the fourth quarter. Elevate Wealth Advisory Inc. now owns 1,748 shares of the software giant's stock worth $737,000 after acquiring an additional 1,043 shares during the period. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Microsoft

In related news, EVP Amy Coleman sold 13,243 shares of Microsoft stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the completion of the sale, the executive vice president owned 43,100 shares of the company's stock, valued at approximately $19,481,631. The trade was a 23.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Kathleen T. Hogan sold 21,500 shares of the business's stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total transaction of $9,756,055.00. Following the completion of the sale, the executive vice president directly owned 134,888 shares of the company's stock, valued at $61,208,127.76. This represents a 13.75% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 135,743 shares of company stock worth $60,224,683 in the last ninety days. Insiders own 0.03% of the company's stock.

Microsoft Stock Performance

Shares of MSFT traded down $1.43 during midday trading on Monday, reaching $497.41. The stock had a trading volume of 2,699,094 shares, compared to its average volume of 21,640,707. The firm has a market cap of $3.70 trillion, a PE ratio of 38.47, a P/E/G ratio of 2.26 and a beta of 1.04. The company has a current ratio of 1.37, a quick ratio of 1.36 and a debt-to-equity ratio of 0.12. The firm has a 50 day simple moving average of $461.41 and a 200-day simple moving average of $423.48. Microsoft Corporation has a one year low of $344.79 and a one year high of $500.76.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping the consensus estimate of $3.22 by $0.24. The business had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. Microsoft's revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.94 EPS. As a group, sell-side analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be issued a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.67%. The ex-dividend date of this dividend is Thursday, August 21st. Microsoft's payout ratio is 25.66%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on MSFT shares. Royal Bank Of Canada restated an "outperform" rating and set a $525.00 price objective on shares of Microsoft in a report on Friday, May 23rd. Bank of America dropped their price objective on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Needham & Company LLC restated a "buy" rating on shares of Microsoft in a report on Thursday, May 1st. Wall Street Zen lowered shares of Microsoft from a "buy" rating to a "hold" rating in a research note on Monday, June 30th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price 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.