Wealthcare Advisory Partners LLC boosted its position in Oracle Corporation (NYSE:ORCL – Free Report) by 5.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,375 shares of the enterprise software provider’s stock after purchasing an additional 2,034 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Oracle were worth $8,827,000 as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of the company. Redmont Wealth Advisors LLC acquired a new position in Oracle during the first quarter worth about $27,000. Inlight Wealth Management LLC purchased a new position in shares of Oracle during the 1st quarter worth approximately $28,000. Iron Horse Wealth Management LLC raised its position in shares of Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after purchasing an additional 151 shares during the last quarter. Legend Financial Advisors Inc. purchased a new stake in Oracle in the 2nd quarter valued at approximately $34,000. Finally, HighMark Wealth Management LLC acquired a new stake in Oracle during the 2nd quarter valued at $38,000. Institutional investors and hedge funds own 42.44% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on ORCL shares. Melius Research boosted their price target on Oracle from $270.00 to $370.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Rothschild Redb raised shares of Oracle to a “strong sell” rating in a research note on Thursday, September 25th. Morgan Stanley upped their price objective on shares of Oracle from $246.00 to $320.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 23rd. TD Cowen lifted their target price on shares of Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Finally, Mizuho increased their price target on Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Oracle has a consensus rating of “Moderate Buy” and an average target price of $304.71.
Insider Activity
In other news, insider Clayton M. Magouyrk sold 21,241 shares of the company’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the sale, the insider owned 78,000 shares of the company’s stock, valued at $23,174,580. This represents a 21.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Rona Alison Fairhead bought 480 shares of the stock in a transaction dated Monday, July 7th. The stock was bought at an average price of $233.87 per share, with a total value of $112,257.60. Following the purchase, the director owned 22,110 shares of the company’s stock, valued at approximately $5,170,865.70. This represents a 2.22% increase in their position. The disclosure for this purchase can be found here. Insiders sold 104,314 shares of company stock worth $31,272,223 in the last quarter. Insiders own 42.20% of the company’s stock.
Oracle Stock Performance
Shares of NYSE:ORCL opened at $286.23 on Friday. The business has a 50-day moving average of $262.53 and a two-hundred day moving average of $205.48. The firm has a market capitalization of $815.99 billion, a PE ratio of 66.26, a P/E/G ratio of 3.08 and a beta of 1.53. 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 12 month low of $118.86 and a 12 month high of $345.72.
Oracle (NYSE:ORCL – Get Free Report) last issued its 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 return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. During the same quarter in the previous year, the firm posted $1.39 EPS. The firm’s revenue for the quarter 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, research analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.
Oracle Dividend Announcement
The firm also recently announced 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. The ex-dividend date is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. Oracle’s payout ratio is presently 46.30%.
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.
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