FSM Wealth Advisors LLC Buys 1,674 Shares of Microsoft Co. (NASDAQ:MSFT)

FSM Wealth Advisors LLC raised its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 8.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 21,406 shares of the software giant's stock after purchasing an additional 1,674 shares during the quarter. Microsoft accounts for approximately 2.2% of FSM Wealth Advisors LLC's investment portfolio, making the stock its 15th biggest holding. FSM Wealth Advisors LLC's holdings in Microsoft were worth $9,089,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of MSFT. International Assets Investment Management LLC raised its position in Microsoft by 48,526.1% during the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant's stock worth $16,567,258,000 after acquiring an additional 38,422,466 shares during the period. Assenagon Asset Management S.A. boosted its holdings in Microsoft by 76.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant's stock worth $4,439,407,000 after buying an additional 4,568,539 shares during the last quarter. Geode Capital Management LLC increased its stake in Microsoft by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock worth $70,790,682,000 after buying an additional 3,264,648 shares in the last quarter. Baillie Gifford & Co. raised its position in shares of Microsoft by 46.1% in the third quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant's stock valued at $3,032,859,000 after buying an additional 2,222,483 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Microsoft by 4.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant's stock valued at $23,490,417,000 after acquiring an additional 2,125,030 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

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Microsoft Stock Down 2.0 %

NASDAQ:MSFT traded down $7.63 during trading hours on Monday, reaching $371.17. The company's stock had a trading volume of 12,866,771 shares, compared to its average volume of 20,496,477. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The company has a market cap of $2.76 trillion, a price-to-earnings ratio of 29.86, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. Microsoft Co. has a one year low of $367.31 and a one year high of $468.35. The business's 50-day moving average is $405.52 and its 200-day moving average is $419.10.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping the consensus estimate 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 prior year, the firm posted $2.93 earnings per share. Equities research analysts predict that Microsoft Co. will post 13.08 EPS for the current 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 $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio is 26.73%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on MSFT. Morgan Stanley dropped their price target on Microsoft from $540.00 to $530.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Tigress Financial raised their price objective on Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a research report on Thursday, March 20th. Piper Sandler reissued an "overweight" rating and issued a $520.00 price target on shares of Microsoft in a research note on Monday, January 27th. Scotiabank assumed coverage on shares of Microsoft in a research report on Thursday, March 20th. They set a "sector outperform" rating and a $470.00 price objective for the company. Finally, Cantor Fitzgerald reiterated an "overweight" rating and issued a $509.00 price objective on shares of Microsoft in a report on Wednesday, January 29th. Three analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. According to data from MarketBeat.com, Microsoft presently has a consensus rating of "Moderate Buy" and an average target price of $508.86.

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.