Microsoft Co. (NASDAQ:MSFT) is Mcdaniel Terry & Co.'s Largest Position

Mcdaniel Terry & Co. increased its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 315,594 shares of the software giant's stock after purchasing an additional 18,052 shares during the quarter. Microsoft accounts for about 10.9% of Mcdaniel Terry & Co.'s holdings, making the stock its largest holding. Mcdaniel Terry & Co.'s holdings in Microsoft were worth $133,023,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Fiduciary Advisors Inc. acquired a new stake in Microsoft during the 4th quarter worth $38,000. IFS Advisors LLC lifted its stake in shares of Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after buying an additional 35 shares in the last quarter. Avondale Wealth Management boosted its position in Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after acquiring an additional 65 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in Microsoft during the 3rd quarter valued at about $62,000. Finally, Kieckhefer Group LLC acquired a new stake in Microsoft in the 4th quarter valued at about $141,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Stock Performance

NASDAQ MSFT traded up $4.55 on Friday, reaching $391.85. The stock had a trading volume of 18,959,931 shares, compared to its average volume of 21,203,147. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The stock has a market cap of $2.91 trillion, a P/E ratio of 31.55, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. The business's 50-day moving average price is $384.93 and its 200 day moving average price is $411.41. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, topping analysts' consensus estimates of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same quarter in the previous year, the business posted $2.93 earnings per share. As a group, equities analysts expect that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

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 given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.85%. The ex-dividend date is Thursday, May 15th. Microsoft's payout ratio is 26.73%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on MSFT shares. Westpark Capital began coverage on Microsoft in a research report on Tuesday, April 1st. They issued a "hold" rating for the company. Tigress Financial upped their target price on Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a report on Thursday, March 20th. Morgan Stanley reduced their price target on Microsoft from $530.00 to $472.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Mizuho cut their price objective on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a research report on Thursday, January 30th. Finally, Guggenheim reiterated a "neutral" rating on shares of Microsoft in a report on Wednesday. Five analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Microsoft has a consensus rating of "Moderate Buy" and an average price target of $493.13.

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.