Microsoft Co. (NASDAQ:MSFT) is Eagle Capital Management LLC’s 7th Largest Position

Eagle Capital Management LLC trimmed its position in Microsoft Co. (NASDAQ:MSFT) by 3.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,072 shares of the software giant’s stock after selling 805 shares during the quarter. Microsoft accounts for approximately 4.4% of Eagle Capital Management LLC’s portfolio, making the stock its 7th largest holding. Eagle Capital Management LLC’s holdings in Microsoft were worth $9,052,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Lodestone Wealth Management LLC raised its stake in shares of Microsoft by 0.5% in the 3rd quarter. Lodestone Wealth Management LLC now owns 14,103 shares of the software giant’s stock valued at $4,453,000 after acquiring an additional 68 shares during the period. Mach 1 Financial Group LLC increased its holdings in Microsoft by 29.0% in the 3rd quarter. Mach 1 Financial Group LLC now owns 9,392 shares of the software giant’s stock valued at $2,965,000 after purchasing an additional 2,114 shares in the last quarter. Integrated Investment Consultants LLC raised its position in Microsoft by 1.6% in the third quarter. Integrated Investment Consultants LLC now owns 23,605 shares of the software giant’s stock valued at $7,453,000 after purchasing an additional 379 shares during the period. Midwest Financial Group LLC lifted its stake in shares of Microsoft by 1.5% during the third quarter. Midwest Financial Group LLC now owns 8,908 shares of the software giant’s stock worth $2,813,000 after purchasing an additional 129 shares in the last quarter. Finally, SJS Investment Consulting Inc. boosted its position in shares of Microsoft by 6.1% in the third quarter. SJS Investment Consulting Inc. now owns 7,560 shares of the software giant’s stock worth $2,387,000 after buying an additional 434 shares during the period. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Insider Buying and Selling at Microsoft

In other news, EVP Kathleen T. Hogan sold 21,955 shares of the 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 completion of the sale, the executive vice president now directly 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 Securities & Exchange Commission, which is available through the SEC website. In other Microsoft news, EVP Kathleen T. Hogan sold 21,955 shares of the company’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 transaction, the executive vice president now owns 159,764 shares in the company, valued at approximately $64,538,265.44. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the completion of the sale, the insider now owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The disclosure for this sale can be found here. Company insiders own 0.03% of the company’s stock.

Microsoft Stock Performance

Shares of NASDAQ MSFT opened at $413.54 on Tuesday. Microsoft Co. has a 52-week low of $306.09 and a 52-week high of $430.82. The stock has a market capitalization of $3.07 trillion, a price-to-earnings ratio of 35.80, a PEG ratio of 2.15 and a beta of 0.89. The company has a quick ratio of 1.23, a current ratio of 1.24 and a debt-to-equity ratio of 0.17. The stock’s fifty day simple moving average is $413.80 and its 200 day simple moving average is $391.46.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, beating the consensus estimate of $2.81 by $0.13. The business had revenue of $61.86 billion during the quarter, compared to the consensus estimate of $60.86 billion. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The firm’s quarterly revenue was up 17.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.45 EPS. As a group, sell-side analysts forecast that Microsoft Co. will post 11.76 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 0.73%. The ex-dividend date is Wednesday, May 15th. Microsoft’s dividend payout ratio is currently 25.97%.

Analyst Upgrades and Downgrades

MSFT has been the subject of a number of analyst reports. Barclays upped their price target on Microsoft from $421.00 to $475.00 and gave the stock an “overweight” rating in a report on Wednesday, January 31st. BNP Paribas raised shares of Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 price target for the company in a report on Thursday, January 18th. Sanford C. Bernstein boosted their price objective on shares of Microsoft from $465.00 to $489.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Thursday, February 22nd. Finally, Citigroup dropped their target price on Microsoft from $480.00 to $475.00 and set a “buy” rating on the stock in a research report on Thursday, April 18th. Three investment analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $452.61.

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.