Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Tenon Financial LLC

Tenon Financial LLC raised its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 2.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,736 shares of the software giant’s stock after buying an additional 80 shares during the period. Microsoft makes up 1.0% of Tenon Financial LLC’s portfolio, making the stock its 13th biggest position. Tenon Financial LLC’s holdings in Microsoft were worth $1,564,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Net Worth Advisory Group bought a new position in Microsoft during the third quarter valued at about $2,645,000. Adamsbrown Wealth Consultants LLC lifted its holdings in Microsoft by 2.2% in the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant’s stock valued at $2,515,000 after acquiring an additional 130 shares during the last quarter. Oak Ridge Investments LLC boosted its position in shares of Microsoft by 7.6% during the 3rd quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock valued at $113,399,000 after purchasing an additional 18,544 shares in the last quarter. Focus Financial Network Inc. boosted its position in shares of Microsoft by 2.0% during the 3rd quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock valued at $32,830,000 after purchasing an additional 1,489 shares in the last quarter. Finally, Campbell Wealth Management acquired a new position in shares of Microsoft in the 3rd quarter worth approximately $3,314,000. 71.13% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on MSFT. Guggenheim restated a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Piper Sandler reiterated an “overweight” rating and set a $520.00 price objective on shares of Microsoft in a research report on Monday, January 27th. Wedbush restated an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a report on Thursday, March 20th. Scotiabank initiated coverage on Microsoft in a research report on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 target price on the stock. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a research report on Thursday, January 30th. Four research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $508.86.

Microsoft Price Performance

NASDAQ MSFT opened at $359.84 on Friday. Microsoft Co. has a fifty-two week low of $359.48 and a fifty-two week high of $468.35. The stock’s 50-day moving average is $399.08 and its two-hundred day moving average is $417.30. The firm has a market cap of $2.68 trillion, a P/E ratio of 28.97, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data 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 return on equity of 33.36% and a net margin of 35.43%. During the same period in the prior year, the business posted $2.93 EPS. On average, analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date is Thursday, May 15th. Microsoft’s payout ratio is 26.73%.

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.