Dechtman Wealth Management LLC Has $3.29 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Dechtman Wealth Management LLC boosted its stake in Microsoft Co. (NASDAQ:MSFT) by 5.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 8,741 shares of the software giant’s stock after buying an additional 482 shares during the period. Microsoft makes up 0.9% of Dechtman Wealth Management LLC’s portfolio, making the stock its 13th largest holding. Dechtman Wealth Management LLC’s holdings in Microsoft were worth $3,287,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Mayfair Advisory Group LLC increased its position in shares of Microsoft by 0.7% during the fourth quarter. Mayfair Advisory Group LLC now owns 3,866 shares of the software giant’s stock worth $1,434,000 after buying an additional 27 shares during the period. High Pines Wealth Management LLC increased its position in shares of Microsoft by 1.3% during the third quarter. High Pines Wealth Management LLC now owns 2,256 shares of the software giant’s stock worth $712,000 after buying an additional 28 shares during the period. Sonen Capital LLC increased its position in shares of Microsoft by 0.3% during the third quarter. Sonen Capital LLC now owns 10,132 shares of the software giant’s stock worth $3,199,000 after buying an additional 28 shares during the period. Perritt Capital Management Inc. increased its position in shares of Microsoft by 3.3% during the third quarter. Perritt Capital Management Inc. now owns 937 shares of the software giant’s stock worth $296,000 after buying an additional 30 shares during the period. Finally, Noble Family Wealth LLC increased its position in shares of Microsoft by 1.3% during the third quarter. Noble Family Wealth LLC now owns 2,331 shares of the software giant’s stock worth $736,000 after buying an additional 31 shares during the period. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Stock Performance

Shares of MSFT stock opened at $411.84 on Thursday. The firm has a market cap of $3.06 trillion, a price-to-earnings ratio of 37.24, a P/E/G ratio of 2.20 and a beta of 0.89. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.20 and a current ratio of 1.22. Microsoft Co. has a 52 week low of $275.37 and a 52 week high of $430.82. The firm’s 50-day simple moving average is $415.48 and its two-hundred day simple moving average is $384.15.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Tuesday, January 30th. The software giant reported $2.93 EPS for the quarter, topping the consensus estimate of $2.76 by $0.17. Microsoft had a net margin of 36.27% and a return on equity of 38.40%. The business had revenue of $62.02 billion for the quarter, compared to analyst estimates of $61.14 billion. During the same quarter in the previous year, the firm posted $2.32 earnings per share. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. As a group, equities analysts forecast that Microsoft Co. will post 11.61 earnings per share for the current year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be given a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 0.73%. The ex-dividend date is Wednesday, May 15th. Microsoft’s dividend payout ratio (DPR) is currently 27.12%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on MSFT shares. Piper Sandler reiterated an “overweight” rating and set a $455.00 price objective on shares of Microsoft in a research report on Thursday, January 25th. Wells Fargo & Company increased their price objective on shares of Microsoft from $460.00 to $480.00 and gave the stock an “overweight” rating in a research report on Wednesday. KeyCorp started coverage on shares of Microsoft in a research report on Thursday, March 21st. They set an “overweight” rating and a $490.00 price objective for the company. Jefferies Financial Group increased their price objective on shares of Microsoft from $465.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. Finally, Barclays increased their target price on shares of Microsoft from $421.00 to $475.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 31st. Four equities research analysts have rated the stock with a hold rating and thirty-six have given a buy rating to the stock. According to data from MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and an average target price of $431.03.

Insider Activity

In other news, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $403.96, for a total value of $8,868,941.80. Following the sale, the executive vice president now owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, insider Bradford L. Smith sold 3,303 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $406.12, for a total value of $1,341,414.36. Following the sale, the insider now owns 570,826 shares of the company’s stock, valued at $231,823,855.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Kathleen T. Hogan sold 21,955 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the sale, the executive vice president now directly owns 159,764 shares in the company, valued at approximately $64,538,265.44. The disclosure for this sale can be found here. Insiders have sold a total of 1,070,258 shares of company stock valued at $30,690,456 over the last quarter. Company insiders own 0.03% of the company’s stock.

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.