SeaBridge Investment Advisors LLC Boosts Stake in Microsoft Co. (NASDAQ:MSFT)

SeaBridge Investment Advisors LLC boosted its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,865 shares of the software giant's stock after purchasing an additional 1,452 shares during the period. Microsoft makes up approximately 3.7% of SeaBridge Investment Advisors LLC's holdings, making the stock its 3rd biggest position. SeaBridge Investment Advisors LLC's holdings in Microsoft were worth $17,646,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in MSFT. Net Worth Advisory Group purchased a new stake in Microsoft in the 3rd quarter worth about $2,645,000. Oak Ridge Investments LLC increased its stake in shares of Microsoft by 7.6% in the third quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant's stock worth $113,399,000 after acquiring an additional 18,544 shares during the last quarter. Focus Financial Network Inc. raised its holdings in shares of Microsoft by 2.0% during the third quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant's stock worth $32,830,000 after acquiring an additional 1,489 shares in the last quarter. Campbell Wealth Management purchased a new position in Microsoft in the third quarter valued at about $3,314,000. Finally, Evernest Financial Advisors LLC increased its position in Microsoft by 389.2% in the 3rd quarter. Evernest Financial Advisors LLC now owns 53,770 shares of the software giant's stock worth $23,137,000 after purchasing an additional 42,778 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors.

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Microsoft Trading Down 3.0 %

NASDAQ:MSFT traded down $11.78 on Friday, hitting $378.80. 21,606,792 shares of the stock were exchanged, compared to its average volume of 20,523,498. The company's 50-day moving average price is $405.52 and its 200 day moving average price is $419.06. Microsoft Co. has a 52 week low of $376.91 and a 52 week high of $468.35. The stock has a market capitalization of $2.82 trillion, a price-to-earnings ratio of 30.50, a P/E/G ratio of 2.21 and a beta of 0.92. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating 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 previous year, the firm posted $2.93 EPS. On average, equities research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be paid a $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.88%. Microsoft's dividend payout ratio (DPR) is currently 26.73%.

Analysts Set New Price Targets

MSFT has been the topic of a number of research reports. Mizuho dropped their price objective on Microsoft from $510.00 to $500.00 and set an "outperform" rating on the stock in a report on Thursday, January 30th. Piper Sandler reiterated an "overweight" rating and set a $520.00 price target on shares of Microsoft in a report on Monday, January 27th. Loop Capital boosted their price objective on shares of Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a research note on Monday, December 23rd. Scotiabank initiated coverage on shares of Microsoft in a research note on Thursday, March 20th. They issued a "sector outperform" rating and a $470.00 target price on the stock. Finally, Tigress Financial boosted their target price on shares of Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a research report on Thursday, March 20th. Three equities research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $510.59.

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.