Oracle (NYSE:ORCL) Price Target Raised to $310.00

Oracle (NYSE:ORCL) had its target price upped by The Goldman Sachs Group from $195.00 to $310.00 in a report issued on Monday,Benzinga reports. The Goldman Sachs Group currently has a neutral rating on the enterprise software provider’s stock.

Other equities research analysts have also recently issued research reports about the stock. CIBC reaffirmed a “buy” rating on shares of Oracle in a research note on Monday, June 9th. Stifel Nicolaus lifted their target price on shares of Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Wolfe Research lifted their target price on shares of Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 10th. Cowen reaffirmed a “buy” rating and set a $375.00 target price on shares of Oracle in a research note on Wednesday, September 10th. Finally, Piper Sandler lifted their target price on shares of Oracle from $270.00 to $330.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $303.44.

Oracle Price Performance

Oracle stock opened at $301.64 on Monday. The company’s fifty day moving average price is $248.83 and its 200 day moving average price is $193.18. Oracle has a 1 year low of $118.86 and a 1 year high of $345.72. The stock has a market capitalization of $857.17 billion, a P/E ratio of 69.82, a P/E/G ratio of 3.31 and a beta of 1.46. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62.

Oracle (NYSE:ORCL) last released its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same period in the prior year, the business posted $1.39 EPS. Oracle’s revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts anticipate that Oracle will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s dividend payout ratio is currently 46.30%.

Insider Buying and Selling at Oracle

In related news, Director Naomi O. Seligman sold 3,303 shares of the company’s stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total transaction of $770,655.96. Following the sale, the director directly owned 31,447 shares in the company, valued at approximately $7,337,214.04. This represents a 9.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael D. Sicilia sold 16,323 shares of the company’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $313.60, for a total transaction of $5,118,892.80. Following the sale, the insider owned 110,094 shares in the company, valued at $34,525,478.40. The trade was a 12.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 78,247 shares of company stock valued at $22,090,505. Corporate insiders own 42.20% of the company’s stock.

Institutional Trading of Oracle

Large investors have recently made changes to their positions in the company. Redmont Wealth Advisors LLC purchased a new stake in shares of Oracle during the first quarter worth approximately $27,000. Inlight Wealth Management LLC purchased a new stake in shares of Oracle during the first quarter worth approximately $28,000. Winnow Wealth LLC purchased a new stake in shares of Oracle during the second quarter worth approximately $28,000. Iron Horse Wealth Management LLC increased its stake in shares of Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after buying an additional 151 shares during the period. Finally, Sunbeam Capital Management LLC purchased a new stake in shares of Oracle during the fourth quarter worth approximately $30,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Oracle Company Profile

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.