Institute for Wealth Management LLC. Lowers Position in Oracle Corporation $ORCL

Institute for Wealth Management LLC. lessened its holdings in Oracle Corporation (NYSE:ORCL) by 2.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 18,987 shares of the enterprise software provider’s stock after selling 393 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Oracle were worth $4,151,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in ORCL. Redmont Wealth Advisors LLC purchased a new stake in shares of Oracle in the first quarter worth $27,000. Inlight Wealth Management LLC purchased a new stake in shares of Oracle in the first quarter worth $28,000. Iron Horse Wealth Management LLC raised its position in shares of Oracle by 284.9% in 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 in the last quarter. Legend Financial Advisors Inc. purchased a new stake in shares of Oracle in the second quarter worth $34,000. Finally, Graybill Wealth Management LTD. purchased a new stake in Oracle during the first quarter valued at about $39,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Insider Activity at Oracle

In related news, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the transaction, the insider owned 132,656 shares in the company, valued at $42,603,800.96. The trade was a 20.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the business’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $297.11, for a total value of $6,310,913.51. Following the transaction, the insider owned 78,000 shares in the company, valued at approximately $23,174,580. This represents a 21.40% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 114,314 shares of company stock worth $33,602,123 over the last 90 days. 42.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ORCL. UBS Group set a $364.00 price target on Oracle in a research report on Friday. KeyCorp raised their price target on Oracle from $200.00 to $225.00 and gave the company an “overweight” rating in a research report on Thursday, June 12th. Rothschild Redb upgraded Oracle to a “strong sell” rating in a research report on Thursday, September 25th. The Goldman Sachs Group raised their price target on Oracle from $195.00 to $310.00 and gave the company a “neutral” rating in a research report on Monday, September 15th. Finally, Piper Sandler raised their price target on Oracle from $270.00 to $330.00 and gave the company an “overweight” rating in a research 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 issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Oracle has a consensus rating of “Moderate Buy” and an average price target of $304.71.

Oracle Stock Down 0.6%

ORCL opened at $281.01 on Wednesday. The company has a market cap of $801.10 billion, a P/E ratio of 65.05, a P/E/G ratio of 3.04 and a beta of 1.46. The business’s 50-day moving average price is $259.82 and its 200-day moving average price is $202.64. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72.

Oracle (NYSE:ORCL) last released its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors 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 is Thursday, October 9th. Oracle’s payout ratio is currently 46.30%.

About Oracle

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.