Oracle Corporation $ORCL Shares Sold by DAVENPORT & Co LLC

DAVENPORT & Co LLC decreased its position in shares of Oracle Corporation (NYSE:ORCL) by 9.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 865,064 shares of the enterprise software provider’s stock after selling 91,578 shares during the quarter. Oracle accounts for 1.0% of DAVENPORT & Co LLC’s investment portfolio, making the stock its 13th biggest holding. DAVENPORT & Co LLC’s holdings in Oracle were worth $187,602,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in Oracle by 189.3% during the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock valued at $25,593,000 after purchasing an additional 100,494 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Oracle by 8.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock valued at $903,000 after buying an additional 404 shares in the last quarter. Sivia Capital Partners LLC grew its stake in Oracle by 5.0% during the 1st quarter. Sivia Capital Partners LLC now owns 3,580 shares of the enterprise software provider’s stock valued at $501,000 after acquiring an additional 171 shares in the last quarter. UMB Bank n.a. increased its stake in Oracle by 1.0% in the 1st quarter. UMB Bank n.a. now owns 215,074 shares of the enterprise software provider’s stock valued at $30,069,000 after buying an additional 2,217 shares during the period. Finally, Whitaker Myers Wealth Managers LTD. purchased a new stake in shares of Oracle during the first quarter worth $515,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Oracle Stock Down 0.9%

Shares of NYSE ORCL opened at $286.23 on Monday. The firm’s 50-day moving average is $262.53 and its 200-day moving average is $205.85. The firm has a market capitalization of $815.99 billion, a PE ratio of 66.26, a price-to-earnings-growth ratio of 3.08 and a beta of 1.53. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. 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 (NYSE:ORCL) last posted its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share 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 last year, the company earned $1.39 EPS. The business’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. Equities analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The company 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 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is currently 46.30%.

Insiders Place Their Bets

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction dated 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 completion of the sale, the insider directly owned 132,656 shares in the company, valued at $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction that occurred on 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 sale, the insider directly owned 78,000 shares of the company’s stock, valued at approximately $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 104,314 shares of company stock valued at $31,272,223 in the last three months. Insiders own 40.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ORCL. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $240.00 target price (up from $200.00) on shares of Oracle in a research note on Thursday, June 12th. Oppenheimer reaffirmed an “outperform” rating on shares of Oracle in a research report on Wednesday, June 18th. Rothschild Redb upgraded shares of Oracle to a “strong sell” rating in a research note on Thursday, September 25th. BMO Capital Markets set a $345.00 price target on shares of Oracle in a research note on Wednesday, September 10th. Finally, Redburn Partners set a $175.00 target price on Oracle in a report on Thursday, September 25th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $304.71.

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.