Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Linscomb Wealth Inc.

Linscomb Wealth Inc. boosted its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 4.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 110,959 shares of the software giant's stock after buying an additional 4,293 shares during the quarter. Microsoft accounts for approximately 2.3% of Linscomb Wealth Inc.'s investment portfolio, making the stock its 7th largest position. Linscomb Wealth Inc.'s holdings in Microsoft were worth $46,769,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in MSFT. Adamsbrown Wealth Consultants LLC raised its holdings in shares of Microsoft by 2.2% in the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock valued at $2,515,000 after acquiring an additional 130 shares in the last quarter. Mcdaniel Terry & Co. lifted its position in shares of Microsoft by 6.1% in the 4th quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock worth $133,023,000 after purchasing an additional 18,052 shares during the period. Centric Wealth Management boosted its stake in shares of Microsoft by 0.7% during the third quarter. Centric Wealth Management now owns 16,156 shares of the software giant's stock valued at $6,789,000 after purchasing an additional 112 shares in the last quarter. 1900 Wealth Management LLC raised its stake in Microsoft by 3.0% in the fourth quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock worth $4,274,000 after buying an additional 294 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in Microsoft by 2.4% during the third quarter. The Manufacturers Life Insurance Company now owns 9,250,128 shares of the software giant's stock worth $3,980,299,000 after buying an additional 217,509 shares during the period. Institutional investors own 71.13% of the company's stock.

Microsoft Price Performance

Shares of Microsoft stock traded up $4.27 on Thursday, hitting $437.62. 6,183,155 shares of the company were exchanged, compared to its average volume of 24,180,709. The stock has a market capitalization of $3.25 trillion, a price-to-earnings ratio of 35.24, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $468.35. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average price of $387.20 and a 200 day moving average price of $411.42.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating analysts' consensus estimates of $3.22 by $0.24. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The company had revenue of $70.07 billion for the quarter, compared to analysts' expectations of $68.54 billion. During the same quarter in the prior year, the company posted $2.94 earnings per share. Microsoft's revenue for the quarter was up 13.3% compared to the same quarter last year. As a group, sell-side analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.76%. Microsoft's dividend payout ratio is currently 25.66%.

Analyst Ratings Changes

Several research firms have recently commented on MSFT. StockNews.com raised Microsoft from a "hold" rating to a "buy" rating in a research report on Monday. The Goldman Sachs Group increased their price target on shares of Microsoft from $450.00 to $480.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. Wedbush lifted their price objective on shares of Microsoft from $475.00 to $515.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. Mizuho increased their target price on shares of Microsoft from $475.00 to $500.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. Finally, Morgan Stanley lifted their price target on shares of Microsoft from $472.00 to $482.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Five equities research analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company's stock. According to data from MarketBeat, Microsoft has an average rating of "Moderate Buy" and an average target price of $507.77.

Insider Activity

In other Microsoft news, insider Bradford L. Smith sold 6,000 shares of Microsoft stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $433.17, for a total value of $2,599,020.00. Following the completion of the transaction, the insider now directly owns 471,036 shares of the company's stock, valued at $204,038,664.12. The trade was a 1.26 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.03% of the company's stock.

Microsoft Company 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.