Turtle Creek Wealth Advisors LLC Acquires 10,027 Shares of Microsoft Corporation $MSFT

Key Points

• Turtle Creek Wealth Advisors increased its Microsoft stake by 10.4% in the first quarter, buying 10,027 more shares and bringing its total holdings to 106,226 shares worth about $39.3 million.
• Microsoft’s stock was trading up 2.8% at $395.63, while the company continued to show strong fundamentals with a $2.94 trillion market cap and solid recent earnings that beat analyst estimates.
• Analysts remain bullish on Microsoft overall, with 41 Buy ratings and a consensus target price of $557.96, even as some executives recently sold shares.

Turtle Creek Wealth Advisors LLC raised its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 10.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,226 shares of the software giant's stock after acquiring an additional 10,027 shares during the period. Microsoft makes up 3.0% of Turtle Creek Wealth Advisors LLC's holdings, making the stock its 5th largest position. Turtle Creek Wealth Advisors LLC's holdings in Microsoft were worth $39,322,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in MSFT. WFA Asset Management Corp lifted its holdings in Microsoft by 27.0% in the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock worth $427,000 after purchasing an additional 216 shares during the period. Ironwood Wealth Management LLC. increased its stake in Microsoft by 0.3% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock valued at $5,658,000 after buying an additional 38 shares during the period. Discipline Wealth Solutions LLC raised its position in shares of Microsoft by 410.4% during the 3rd quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock worth $1,144,000 after buying an additional 2,138 shares in the last quarter. Wealth Group Ltd. raised its position in shares of Microsoft by 1.2% during the 4th quarter. Wealth Group Ltd. now owns 2,374 shares of the software giant's stock worth $1,000,000 after buying an additional 28 shares in the last quarter. Finally, Eagle Capital Management LLC lifted its stake in shares of Microsoft by 0.4% in the 4th quarter. Eagle Capital Management LLC now owns 23,097 shares of the software giant's stock worth $9,735,000 after acquiring an additional 96 shares during the period. Institutional investors and hedge funds own 71.13% of the company's stock.

Microsoft Trading Up 2.8%

Microsoft stock opened at $395.63 on Thursday. The firm has a market cap of $2.94 trillion, a price-to-earnings ratio of 23.55, a price-to-earnings-growth ratio of 1.17 and a beta of 1.13. Microsoft Corporation has a 1 year low of $349.20 and a 1 year high of $555.45. The firm's 50 day moving average price is $401.10 and its two-hundred day moving average price is $412.04. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.27 and a current ratio of 1.28.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The software giant reported $4.27 EPS for the quarter, beating analysts' consensus estimates of $4.06 by $0.21. The company had revenue of $82.89 billion during the quarter, compared to the consensus estimate of $81.44 billion. Microsoft had a return on equity of 31.94% and a net margin of 39.34%.The company's quarterly revenue was up 18.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.46 EPS. On average, research analysts predict that Microsoft Corporation will post 16.71 EPS for the current fiscal year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, August 20th. Microsoft's dividend payout ratio is currently 21.67%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on MSFT. Evercore reiterated an "outperform" rating and issued a $525.00 price objective on shares of Microsoft in a report on Wednesday. Truist Financial dropped their target price on Microsoft from $675.00 to $575.00 and set a "buy" rating on the stock in a report on Thursday, April 30th. Tigress Financial upped their target price on Microsoft from $595.00 to $680.00 and gave the stock a "buy" rating in a research report on Wednesday, May 6th. UBS Group reaffirmed a "buy" rating on shares of Microsoft in a research note on Friday, April 24th. Finally, Guggenheim reiterated a "buy" rating and set a $586.00 price target on shares of Microsoft in a research report on Thursday, April 30th. Forty-one investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Microsoft currently has an average rating of "Moderate Buy" and a consensus target price of $557.96.

Insider Activity at Microsoft

In other Microsoft news, CEO Judson Althoff sold 15,500 shares of the business's stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $460.99, for a total transaction of $7,145,345.00. Following the sale, the chief executive officer owned 110,477 shares in the company, valued at approximately $50,928,792.23. The trade was a 12.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Takeshi Numoto sold 4,500 shares of the company's stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $402.84, for a total transaction of $1,812,780.00. Following the sale, the executive vice president directly owned 47,468 shares of the company's stock, valued at $19,122,009.12. This represents a 8.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 23,762 shares of company stock worth $10,508,361 in the last quarter. 0.03% of the stock is owned by company insiders.

Key Headlines Impacting Microsoft

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Microsoft is pushing sales teams to sell its AI offerings as a more secure and lower-cost alternative to OpenAI and Anthropic, highlighting its ability to monetize enterprise demand and defend its AI ecosystem. Microsoft Coaches Sales Staff to Challenge OpenAI and Anthropic on Costs and Security
• Positive Sentiment: 3M announced a strategic partnership with Microsoft tied to Azure data centers and enterprise transformation, which adds another validation point for Microsoft’s cloud and AI infrastructure strategy. 3M and Microsoft announce strategic partnership to advance AI data center infrastructure and enterprise transformation
• Positive Sentiment: Microsoft is overhauling its cybersecurity business to capture more spending from AI-driven threats, which could open a new growth lane as customers increase security budgets. Microsoft (MSFT) Overhauls Cybersecurity Business to Cash In on AI Threats
• Positive Sentiment: Microsoft launched a $2.5 billion initiative to help large customers deploy AI systems around their own data and workflows, reinforcing its enterprise AI moat. How Microsoft (MSFT) Is Deepening Its Enterprise AI Moat With a $2.5 Billion Customer Deployment Initiative

Microsoft Company Profile

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft's product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

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