Cardinal Point Capital Management ULC Has $17.45 Million Stock Holdings in Microsoft Corporation $MSFT

Cardinal Point Capital Management ULC raised its position in Microsoft Corporation (NASDAQ:MSFT) by 65.3% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 47,128 shares of the software giant’s stock after buying an additional 18,624 shares during the period. Microsoft comprises approximately 1.1% of Cardinal Point Capital Management ULC’s holdings, making the stock its 27th largest holding. Cardinal Point Capital Management ULC’s holdings in Microsoft were worth $17,446,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in MSFT. Ritholtz Wealth Management raised its position in shares of Microsoft by 2.3% during the first quarter. Ritholtz Wealth Management now owns 184,681 shares of the software giant’s stock worth $68,363,000 after acquiring an additional 4,103 shares during the last quarter. Watchman Group Inc. boosted its holdings in Microsoft by 3.5% in the first quarter. Watchman Group Inc. now owns 13,527 shares of the software giant’s stock valued at $5,007,000 after acquiring an additional 460 shares during the last quarter. Breakwater Capital Group boosted its holdings in Microsoft by 34.4% in the first quarter. Breakwater Capital Group now owns 28,705 shares of the software giant’s stock valued at $10,626,000 after acquiring an additional 7,355 shares during the last quarter. Tanager Wealth Management LLP increased its position in Microsoft by 73.2% in the first quarter. Tanager Wealth Management LLP now owns 43,969 shares of the software giant’s stock worth $16,274,000 after purchasing an additional 18,589 shares during the period. Finally, Global Financial Private Client LLC increased its position in Microsoft by 10.7% in the first quarter. Global Financial Private Client LLC now owns 17,993 shares of the software giant’s stock worth $6,660,000 after purchasing an additional 1,737 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Microsoft news, EVP Amy Coleman sold 1,262 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $411.34, for a total value of $519,111.08. Following the sale, the executive vice president directly owned 46,003 shares in the company, valued at approximately $18,922,874.02. This trade represents a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Judson Althoff sold 15,500 shares of Microsoft stock in a transaction on Monday, June 1st. The stock was sold at an average price of $460.99, for a total transaction of $7,145,345.00. Following the transaction, the chief executive officer directly owned 110,477 shares in the company, valued at approximately $50,928,792.23. This represents a 12.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 23,762 shares of company stock worth $10,508,361. Company insiders own 0.03% of the company’s stock.

Microsoft Price Performance

Microsoft stock opened at $384.28 on Thursday. The company has a current ratio of 1.28, a quick ratio of 1.27 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $2.85 trillion, a P/E ratio of 22.87, a PEG ratio of 1.34 and a beta of 1.13. The business has a 50-day moving average of $407.66 and a 200-day moving average of $418.67. Microsoft Corporation has a 1 year low of $349.20 and a 1 year high of $555.45.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, April 29th. The software giant reported $4.27 earnings per share for the quarter, beating analysts’ consensus estimates of $4.06 by $0.21. Microsoft had a net margin of 39.34% and a return on equity of 31.94%. The business had revenue of $82.89 billion for the quarter, compared to the consensus estimate of $81.44 billion. During the same period last year, the company posted $3.46 EPS. Microsoft’s revenue for the quarter was up 18.3% on a year-over-year basis. On average, equities analysts anticipate that Microsoft Corporation will post 16.76 EPS for the current year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, August 20th. Microsoft’s dividend payout ratio is presently 21.67%.

Wall Street Analysts Forecast Growth

MSFT has been the topic of a number of research reports. DA Davidson cut their target price on shares of Microsoft from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. The Goldman Sachs Group reissued a “buy” rating on shares of Microsoft in a research note on Thursday, April 30th. Barclays restated an “overweight” rating on shares of Microsoft in a report on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Microsoft from $575.00 to $550.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $515.00 target price (down from $630.00) on shares of Microsoft in a report on Monday, April 27th. Forty-one equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $560.86.

Key Stories Impacting Microsoft

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Haleon signed a new five-year collaboration with Microsoft to expand use of its AI, cloud, and data technologies, underscoring continued enterprise adoption of Microsoft’s AI stack. Article Title
• Positive Sentiment: A Jefferies CIO survey showed Azure widening its lead over AWS among U.S. CIOs, supporting the case that Microsoft’s cloud momentum remains intact. Article Title
• Positive Sentiment: Analysts remain constructive on the stock, with JMP Securities reaffirming an Outperform view after Copilot Cowork’s launch and other coverage pointing to Microsoft’s AI growth potential. Article Title
• Neutral Sentiment: Microsoft is still drawing investor attention as a long-term AI winner, but several commentary pieces argue the stock is also under pressure from higher valuation scrutiny and broad Magnificent 7 weakness. Article Title
• Negative Sentiment: Reports that Microsoft may cut thousands of jobs, including in Xbox, sales, and consulting, are fueling concern that heavy AI spending is pressuring margins and forcing cost reductions. Article Title
• Negative Sentiment: Investor class-action notices tied to alleged Copilot/Azure misrepresentations are adding legal overhang and keeping sentiment cautious around MSFT. Article Title

About Microsoft

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).