Future Financial Wealth Managment LLC Grows Stock Position in Microsoft Co. (NASDAQ:MSFT)

Future Financial Wealth Managment LLC boosted its position in Microsoft Co. (NASDAQ:MSFT) by 3.7% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 2,907 shares of the software giant’s stock after acquiring an additional 103 shares during the period. Microsoft accounts for approximately 0.9% of Future Financial Wealth Managment LLC’s portfolio, making the stock its 25th largest holding. Future Financial Wealth Managment LLC’s holdings in Microsoft were worth $1,223,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Friedenthal Financial purchased a new stake in shares of Microsoft in the fourth quarter worth about $45,000. Neo Ivy Capital Management purchased a new stake in Microsoft in the 4th quarter worth approximately $58,000. PayPay Securities Corp boosted its holdings in Microsoft by 23.7% in the 4th quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock valued at $71,000 after purchasing an additional 36 shares during the period. Cooksen Wealth LLC purchased a new position in shares of Microsoft during the 4th quarter valued at $86,000. Finally, Kathleen S. Wright Associates Inc. increased its holdings in shares of Microsoft by 160.7% in the fourth quarter. Kathleen S. Wright Associates Inc. now owns 232 shares of the software giant’s stock worth $87,000 after purchasing an additional 143 shares during the period. 71.13% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on MSFT shares. JPMorgan Chase & Co. lifted their price objective on Microsoft from $440.00 to $470.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. Stifel Nicolaus restated a “buy” rating and issued a $455.00 price objective on shares of Microsoft in a research report on Monday, April 22nd. Piper Sandler reiterated an “overweight” rating and set a $465.00 target price (up from $455.00) on shares of Microsoft in a research report on Friday, April 26th. KeyCorp began coverage on shares of Microsoft in a report on Thursday, March 21st. They issued an “overweight” rating and a $490.00 price target on the stock. Finally, Wedbush reaffirmed an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a report on Wednesday, May 22nd. Three equities research analysts have rated the stock with a hold rating and thirty-three have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $467.12.

Insider Activity at Microsoft

In other news, CMO Takeshi Numoto sold 244 shares of the company’s stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $415.53, for a total value of $101,389.32. Following the transaction, the chief marketing officer now owns 47,011 shares in the company, valued at $19,534,480.83. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the business’s stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $425.68, for a total value of $10,642,000.00. Following the completion of the transaction, the executive vice president now owns 104,949 shares of the company’s stock, valued at approximately $44,674,690.32. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CMO Takeshi Numoto sold 244 shares of the company’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $415.53, for a total transaction of $101,389.32. Following the transaction, the chief marketing officer now owns 47,011 shares in the company, valued at approximately $19,534,480.83. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,566 shares of company stock valued at $10,877,535. 0.03% of the stock is owned by insiders.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $460.77 on Thursday. The company has a 50 day simple moving average of $426.26 and a two-hundred day simple moving average of $411.42. Microsoft Co. has a fifty-two week low of $309.45 and a fifty-two week high of $461.02. The company has a market capitalization of $3.42 trillion, a price-to-earnings ratio of 39.89, a P/E/G ratio of 2.36 and a beta of 0.89. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 earnings per share for the quarter, beating analysts’ consensus estimates of $2.81 by $0.13. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The company had revenue of $61.86 billion during the quarter, compared to analyst estimates of $60.86 billion. During the same quarter last year, the company earned $2.45 EPS. The firm’s revenue for the quarter was up 17.0% on a year-over-year basis. Analysts expect that Microsoft Co. will post 11.77 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Thursday, August 15th will be paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date of this dividend is Thursday, August 15th. Microsoft’s payout ratio is 25.97%.

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.