1900 Wealth Management LLC Decreases Stake in Oracle Corporation $ORCL

1900 Wealth Management LLC reduced its position in Oracle Corporation (NYSE:ORCL) by 14.6% during the second quarter, HoldingsChannel reports. The fund owned 3,872 shares of the enterprise software provider’s stock after selling 664 shares during the quarter. 1900 Wealth Management LLC’s holdings in Oracle were worth $846,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC purchased a new stake in shares of Oracle during the 1st quarter valued at approximately $27,000. Inlight Wealth Management LLC bought a new stake in Oracle during the 1st quarter valued at $28,000. Iron Horse Wealth Management LLC lifted its position 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 acquiring an additional 151 shares in the last quarter. Legend Financial Advisors Inc. purchased a new position in shares of Oracle in the second quarter valued at $34,000. Finally, Graybill Wealth Management LTD. purchased a new position in shares of Oracle in the first quarter valued at $39,000. Institutional investors own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

ORCL has been the subject of several analyst reports. Evercore ISI raised their target price on Oracle from $270.00 to $340.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 10th. CIBC restated a “buy” rating on shares of Oracle in a research report on Monday, June 9th. Bank of America raised shares of Oracle from a “neutral” rating to a “buy” rating and upped their target price for the stock from $295.00 to $368.00 in a report on Wednesday, September 10th. JPMorgan Chase & Co. increased their target price on shares of Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday, September 8th. Finally, Morgan Stanley boosted their price target on shares of Oracle from $246.00 to $320.00 and gave the company an “equal weight” rating in a research report on Tuesday, September 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $304.71.

Oracle Stock Performance

NYSE:ORCL opened at $289.18 on Friday. The company has a market capitalization of $824.39 billion, a price-to-earnings ratio of 66.94, a PEG ratio of 3.11 and a beta of 1.53. The business has a 50 day moving average of $261.71 and a 200 day moving average of $204.17. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72.

Oracle (NYSE:ORCL) last posted its quarterly earnings results 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 business had revenue of $14.93 billion for 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 company’s revenue was up 12.2% compared to the same quarter last year. During the same period last year, the business posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, sell-side analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders 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 yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s dividend payout ratio is presently 46.30%.

Insider Buying and Selling at Oracle

In other news, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the transaction, the director owned 17,764 shares in the company, valued at approximately $5,435,784. The trade was a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Rona Alison Fairhead purchased 480 shares of Oracle stock in a transaction that occurred on Monday, July 7th. The shares were bought at an average price of $233.87 per share, for a total transaction of $112,257.60. Following the completion of the transaction, the director owned 22,110 shares in the company, valued at $5,170,865.70. The trade was a 2.22% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 104,314 shares of company stock valued at $31,272,223. 42.20% of the stock is currently owned by insiders.

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.