Institutional Investors EdgeRock and Bartlett Expand Microsoft Stakes Following Strong Quarterly Earnings

Institutional investors continue to increase their holdings in Microsoft Corporation, bringing total institutional ownership to 71.13%. EdgeRock Capital LLC boosted its position by 16.0% during the second quarter to 13,406 shares valued at roughly $5.0 million, while Bartlett & CO. Wealth Management LLC bought 4,614 shares to hold 989,415 shares valued at $369.07 million. The accumulation follows strong quarterly earnings, with revenue rising 17.7% year-over-year to $90.01 billion and earnings per share reaching $4.74, topping expectations. Microsoft also raised its quarterly dividend to $0.98 per share.