On April 26, 2023, Wells Fargo maintained an Overweight recommendation for Microsoft (NASDAQ:MSFT), with an analyst price forecast suggesting an 11.42% upside. The average one-year price target for Microsoft is $306.86, representing an increase from its closing price of $275.42.

Microsoft declared a regular quarterly dividend of $0.68 per share ($2.72 annualized) on March 14, 2023. The current dividend yield is 0.99%, with a 3-year dividend growth rate of 0.33%. The company’s dividend payout ratio is 0.29, indicating healthy dividend practices.

There are 6962 funds or institutions reporting positions in Microsoft, with the put/call ratio at 0.93, indicating a bullish outlook. Total shares owned by institutions increased to 6,018,068K shares. Fund sentiment shows an increase in ownership and a decrease in portfolio allocation for MSFT.

Major shareholders include Vanguard Total Stock Market Index Fund Investor Shares, Vanguard 500 Index Fund Investor Shares, Price T Rowe Associates, Geode Capital Management, and Jpmorgan Chase. These firms hold varying percentages of ownership in Microsoft, with changes in portfolio allocation over the last quarter.

Microsoft enables digital transformation with a focus on the intelligent cloud and edge. The company’s mission is to empower every individual and organization to achieve more. For more information, see Microsoft’s regulatory filings.

Read more at Nasdaq: Wells Fargo Maintains Microsoft (MSFT) Overweight Recommendation