Tillman Hartley LLC Has $3.07 Million Position in Microsoft Co. (NASDAQ:MSFT)

Tillman Hartley LLC increased its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 14.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,272 shares of the software giant's stock after buying an additional 943 shares during the quarter. Microsoft accounts for about 0.9% of Tillman Hartley LLC's investment portfolio, making the stock its 21st largest position. Tillman Hartley LLC's holdings in Microsoft were worth $3,065,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Fiduciary Advisors Inc. bought a new position in shares of Microsoft during the 4th quarter worth approximately $38,000. IFS Advisors LLC raised its position in Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after purchasing an additional 35 shares during the last quarter. Avondale Wealth Management raised its position in Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after purchasing an additional 65 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new position in Microsoft in the 3rd quarter valued at $62,000. Finally, Fairway Wealth LLC bought a new position in Microsoft in the 4th quarter valued at $62,000. Institutional investors own 71.13% of the company's stock.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Kathleen T. Hogan sold 21,500 shares of the business's stock in a transaction dated 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 completion of the transaction, the executive vice president now directly owns 134,888 shares of the company's stock, valued at approximately $61,208,127.76. The trade was a 13.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Judson Althoff sold 16,000 shares of the business's stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $458.18, for a total value of $7,330,880.00. Following the completion of the transaction, the executive vice president now directly owns 98,010 shares of the company's stock, valued at approximately $44,906,221.80. The trade was a 14.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 131,743 shares of company stock valued at $58,375,673. Company insiders own 0.03% of the company's stock.

Microsoft Trading Down 1.0%

NASDAQ MSFT traded down $4.68 on Friday, reaching $450.18. The company had a trading volume of 16,874,720 shares, compared to its average volume of 21,548,957. The stock's 50 day moving average is $402.37 and its 200-day moving average is $413.88. The stock has a market cap of $3.35 trillion, a price-to-earnings ratio of 36.25, 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. 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 released its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating analysts' consensus estimates 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 return on equity of 33.36% and a net margin of 35.43%. The firm's revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.94 earnings per share. Equities analysts predict that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.74%. Microsoft's payout ratio is 25.66%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on MSFT shares. Cantor Fitzgerald lifted their price objective on Microsoft from $502.00 to $512.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Citigroup lifted their price objective on Microsoft from $480.00 to $540.00 and gave the company a "buy" rating in a research report on Thursday, May 15th. Raymond James lifted their price objective on Microsoft from $480.00 to $490.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. Benchmark reiterated a "buy" rating on shares of Microsoft in a research report on Thursday, May 1st. Finally, DA Davidson lifted their price objective on Microsoft from $450.00 to $500.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. Four analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $513.13.

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.