One Charles Private Wealth Services LLC grew its holdings in shares of Microsoft Co. (NASDAQ:MSFT – Free Report) by 1.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,454 shares of the software giant’s stock after buying an additional 96 shares during the period. Microsoft accounts for about 1.0% of One Charles Private Wealth Services LLC’s holdings, making the stock its 21st largest holding. One Charles Private Wealth Services LLC’s holdings in Microsoft were worth $1,572,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Microsoft by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 634,238,715 shares of the software giant’s stock worth $147,714,197,000 after buying an additional 6,129,708 shares during the last quarter. State Street Corp lifted its holdings in shares of Microsoft by 0.7% in the 3rd quarter. State Street Corp now owns 295,509,547 shares of the software giant’s stock valued at $68,824,173,000 after purchasing an additional 1,951,554 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Microsoft by 0.3% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 195,859,819 shares of the software giant’s stock valued at $50,302,677,000 after purchasing an additional 556,020 shares during the last quarter. Moneta Group Investment Advisors LLC lifted its holdings in shares of Microsoft by 112,158.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 150,187,424 shares of the software giant’s stock valued at $36,017,948,000 after purchasing an additional 150,053,637 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Microsoft by 2.3% in the 4th quarter. Geode Capital Management LLC now owns 142,731,177 shares of the software giant’s stock valued at $34,172,705,000 after purchasing an additional 3,268,917 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.
Microsoft Price Performance
MSFT stock opened at $322.98 on Friday. Microsoft Co. has a 1 year low of $213.43 and a 1 year high of $366.78. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.75 and a current ratio of 1.77. The stock’s 50 day moving average price is $333.79 and its 200 day moving average price is $305.96. The firm has a market cap of $2.40 trillion, a P/E ratio of 33.33, a PEG ratio of 2.36 and a beta of 0.90.
Microsoft (NASDAQ:MSFT – Get Free Report) last posted its earnings results on Tuesday, July 25th. The software giant reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.55 by $0.14. Microsoft had a return on equity of 38.70% and a net margin of 34.15%. The firm had revenue of $56.19 billion for the quarter, compared to analyst estimates of $55.49 billion. During the same quarter in the prior year, the company earned $2.23 EPS. Microsoft’s revenue was up 8.3% on a year-over-year basis. On average, sell-side analysts expect that Microsoft Co. will post 10.9 earnings per share for the current fiscal year.
Microsoft Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 14th. Investors of record on Thursday, August 17th will be paid a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date is Wednesday, August 16th. Microsoft’s payout ratio is currently 28.07%.
Analyst Ratings Changes
Several research firms have recently weighed in on MSFT. Wells Fargo & Company boosted their target price on Microsoft from $380.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, July 19th. Argus boosted their target price on Microsoft from $371.00 to $390.00 and gave the company a “buy” rating in a report on Monday, July 31st. TD Cowen upped their price objective on Microsoft from $330.00 to $390.00 and gave the company an “outperform” rating in a research note on Wednesday, July 19th. BMO Capital Markets upped their price objective on Microsoft from $385.00 to $400.00 and gave the company an “outperform” rating in a research note on Wednesday, July 26th. Finally, Royal Bank of Canada upped their price objective on Microsoft from $350.00 to $390.00 in a research note on Wednesday, July 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and thirty-three have issued a buy rating to the company. Based on data from MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus price target of $373.68.
View Our Latest Report on Microsoft
Insiders Place Their Bets
In other Microsoft news, Director Teri List sold 1,250 shares of the stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $334.77, for a total transaction of $418,462.50. Following the transaction, the director now owns 874 shares of the company’s stock, valued at approximately $292,588.98. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other Microsoft news, Director Teri List sold 1,250 shares of the stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $334.77, for a total transaction of $418,462.50. Following the transaction, the director now owns 874 shares of the company’s stock, valued at approximately $292,588.98. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Bradford L. Smith sold 50,000 shares of the stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $337.20, for a total value of $16,860,000.00. Following the transaction, the insider now directly owns 588,084 shares in the company, valued at approximately $198,301,924.80. The disclosure for this sale can be found here. Corporate insiders own 0.03% of the company’s stock.
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.
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