MJT & Associates Financial Advisory Group Inc. Purchases 66 Shares of Oracle Corporation $ORCL

MJT & Associates Financial Advisory Group Inc. increased its holdings in shares of Oracle Corporation (NYSE:ORCL) by 10.8% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 675 shares of the enterprise software provider’s stock after purchasing an additional 66 shares during the period. MJT & Associates Financial Advisory Group Inc.’s holdings in Oracle were worth $148,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Legend Financial Advisors Inc. acquired a new stake in shares of Oracle during the 2nd quarter worth about $34,000. Redmont Wealth Advisors LLC bought a new position in Oracle in the 1st quarter valued at about $27,000. Inlight Wealth Management LLC bought a new position in Oracle in the 1st quarter valued at about $28,000. Iron Horse Wealth Management LLC lifted its position in 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 acquiring an additional 151 shares during the last quarter. Finally, Family Legacy Financial Solutions LLC bought a new stake in shares of Oracle during the second quarter worth approximately $60,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ORCL. Cowen reissued a “buy” rating and set a $375.00 price target on shares of Oracle in a report on Wednesday, September 10th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Oracle in a report on Wednesday, June 18th. Sanford C. Bernstein restated an “outperform” rating on shares of Oracle in a research report on Thursday, September 11th. William Blair reiterated an “outperform” rating on shares of Oracle in a research report on Monday. Finally, Piper Sandler increased their target price on shares of Oracle from $270.00 to $330.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $298.06.

Oracle Trading Down 5.6%

Shares of ORCL stock opened at $291.28 on Friday. The company has a market cap of $827.73 billion, a P/E ratio of 67.43, a PEG ratio of 3.33 and a beta of 1.46. The stock has a 50 day simple moving average of $257.43 and a two-hundred day simple moving average of $199.48. 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 Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72.

Oracle (NYSE:ORCL) last issued its quarterly earnings data 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). The business had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

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

Insider Transactions at Oracle

In related news, Director Naomi O. Seligman sold 3,303 shares of Oracle stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total transaction of $770,655.96. Following the transaction, the director owned 31,447 shares of the company’s stock, valued at $7,337,214.04. The trade was a 9.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider owned 132,656 shares of the company’s stock, valued at $42,603,800.96. This trade represents a 20.33% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 112,092 shares of company stock valued at $32,960,165. Corporate insiders own 42.20% of the company’s stock.

Oracle 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.