Marcum Wealth LLC Has $21.27 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Marcum Wealth LLC raised its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 50,462 shares of the software giant's stock after purchasing an additional 1,566 shares during the period. Microsoft comprises about 1.8% of Marcum Wealth LLC's portfolio, making the stock its 12th largest holding. Marcum Wealth LLC's holdings in Microsoft were worth $21,270,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Christopher J. Hasenberg Inc grew its position in shares of Microsoft by 35.7% during the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant's stock worth $39,000 after acquiring an additional 25 shares during the last quarter. Quarry LP acquired a new stake in Microsoft in the second quarter worth about $45,000. Avondale Wealth Management lifted its holdings in Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after purchasing an additional 65 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in Microsoft in the third quarter worth about $62,000. Finally, Kieckhefer Group LLC acquired a new stake in Microsoft in the fourth quarter worth about $141,000. Institutional investors own 71.13% of the company's stock.

Insider Buying and Selling

In other Microsoft news, CMO Takeshi Numoto sold 1,000 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $423.48, for a total transaction of $423,480.00. Following the completion of the transaction, the chief marketing officer now directly owns 56,511 shares in the company, valued at $23,931,278.28. This represents a 1.74 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold a total of 8,000 shares of company stock valued at $3,493,820 over the last ninety days. 0.03% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of research analyst reports. TD Cowen cut their price target on shares of Microsoft from $495.00 to $475.00 and set a "buy" rating for the company in a report on Thursday, October 31st. Mizuho cut their price target on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a report on Thursday, January 30th. UBS Group reduced their price objective on shares of Microsoft from $525.00 to $510.00 and set a "buy" rating for the company in a research note on Thursday, January 30th. JPMorgan Chase & Co. reduced their price objective on shares of Microsoft from $470.00 to $465.00 and set an "overweight" rating for the company in a research note on Thursday, October 31st. Finally, Sanford C. Bernstein reduced their price objective on shares of Microsoft from $501.00 to $500.00 and set an "outperform" rating for the company in a research note on Friday, October 25th. Three equities research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $510.96.

Microsoft Stock Performance

Microsoft stock traded down $7.88 during trading hours on Friday, reaching $408.25. 27,440,364 shares of the company were exchanged, compared to its average volume of 23,130,024. The firm has a market cap of $3.03 trillion, a price-to-earnings ratio of 32.87, a PEG ratio of 2.21 and a beta of 0.90. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The stock has a 50-day moving average of $425.20 and a 200 day moving average of $422.69. Microsoft Co. has a 12 month low of $385.58 and a 12 month high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) 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 company earned $2.93 earnings per share. As a group, research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be given a $0.83 dividend. The ex-dividend date is Thursday, February 20th. This represents a $3.32 annualized dividend and a yield of 0.81%. Microsoft's dividend payout ratio (DPR) is currently 26.73%.

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.