Microsoft Co. (NASDAQ:MSFT) Stock Position Raised by Eagle Wealth Strategies LLC

Eagle Wealth Strategies LLC boosted its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 3.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 6,549 shares of the software giant’s stock after purchasing an additional 219 shares during the quarter. Microsoft makes up approximately 2.0% of Eagle Wealth Strategies LLC’s portfolio, making the stock its 8th biggest holding. Eagle Wealth Strategies LLC’s holdings in Microsoft were worth $2,760,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Advisory Alpha LLC increased its holdings in Microsoft by 8.2% during the 4th quarter. Advisory Alpha LLC now owns 35,353 shares of the software giant’s stock worth $14,902,000 after purchasing an additional 2,684 shares during the last quarter. West Branch Capital LLC increased its holdings in Microsoft by 1.8% during the 4th quarter. West Branch Capital LLC now owns 54,356 shares of the software giant’s stock worth $22,911,000 after purchasing an additional 947 shares during the last quarter. MBM Wealth Consultants LLC increased its holdings in Microsoft by 0.9% during the 4th quarter. MBM Wealth Consultants LLC now owns 5,011 shares of the software giant’s stock worth $2,097,000 after purchasing an additional 47 shares during the last quarter. Missouri Trust & Investment Co increased its holdings in Microsoft by 0.5% during the 4th quarter. Missouri Trust & Investment Co now owns 68,848 shares of the software giant’s stock worth $29,019,000 after purchasing an additional 334 shares during the last quarter. Finally, Corepath Wealth Partners LLC increased its holdings in shares of Microsoft by 21.9% in the 4th quarter. Corepath Wealth Partners LLC now owns 1,165 shares of the software giant’s stock valued at $484,000 after acquiring an additional 209 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Trading Down 0.9 %

NASDAQ:MSFT opened at $393.31 on Monday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The company has a market capitalization of $2.92 trillion, a P/E ratio of 31.67, a P/E/G ratio of 2.21 and a beta of 0.92. The stock’s 50 day moving average price is $416.40 and its 200 day moving average price is $421.85. Microsoft Co. has a 52 week low of $381.00 and a 52 week high of $468.35.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating analysts’ consensus estimates of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same quarter in the prior year, the company posted $2.93 EPS. On average, research analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of research analyst reports. Piper Sandler reiterated an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a report on Monday, January 27th. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Royal Bank of Canada reiterated an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a report on Thursday, January 30th. Stifel Nicolaus lowered their price target on Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a report on Friday. Finally, Wedbush reiterated an “outperform” rating and issued a $550.00 price target on shares of Microsoft in a report on Tuesday, November 19th. Four analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $509.54.

About Microsoft

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.