REAP Financial Group LLC increased its holdings in Oracle Corporation (NYSE:ORCL – Free Report) by 22.3% during the 2nd quarter, Holdings Channel reports. The firm owned 1,225 shares of the enterprise software provider’s stock after buying an additional 223 shares during the period. REAP Financial Group LLC’s holdings in Oracle were worth $268,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the business. Sax Wealth Advisors LLC lifted its holdings in Oracle by 2.5% in the 2nd quarter. Sax Wealth Advisors LLC now owns 4,201 shares of the enterprise software provider’s stock worth $919,000 after buying an additional 104 shares during the period. WestEnd Advisors LLC raised its holdings in shares of Oracle by 478,790.2% during the second quarter. WestEnd Advisors LLC now owns 244,234 shares of the enterprise software provider’s stock valued at $53,397,000 after acquiring an additional 244,183 shares in the last quarter. 1 North Wealth Services LLC raised its holdings in shares of Oracle by 1.6% during the second quarter. 1 North Wealth Services LLC now owns 13,428 shares of the enterprise software provider’s stock valued at $2,936,000 after acquiring an additional 211 shares in the last quarter. First Financial Group Corp bought a new position in shares of Oracle during the second quarter valued at approximately $208,000. Finally, SGL Investment Advisors Inc. raised its holdings in shares of Oracle by 97.1% during the second quarter. SGL Investment Advisors Inc. now owns 3,246 shares of the enterprise software provider’s stock valued at $761,000 after acquiring an additional 1,599 shares in the last quarter. 42.44% of the stock is owned by institutional investors.
Insider Activity
In related news, Director Naomi O. Seligman sold 2,222 shares of Oracle stock in a transaction on Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the transaction, the director directly owned 29,225 shares in the company, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction on Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the transaction, the director owned 17,764 shares in the company, valued at approximately $5,435,784. This trade represents a 39.30% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 104,314 shares of company stock worth $31,272,223. Corporate insiders own 40.90% of the company’s stock.
Oracle Trading Down 2.4%
Oracle (NYSE:ORCL – Get Free Report) last released its 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 company had revenue of $14.93 billion during the quarter, compared to the consensus estimate 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 firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.
Oracle Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be paid 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 dividend payout ratio (DPR) is currently 46.30%.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on ORCL. TD Cowen boosted their price objective on shares of Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. DA Davidson lifted their target price on shares of Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a research note on Wednesday, September 10th. Wolfe Research lifted their target price on shares of Oracle from $300.00 to $400.00 and gave the company an “outperform” rating in a research note on Wednesday, September 10th. Royal Bank Of Canada raised their price objective on shares of Oracle from $145.00 to $195.00 and gave the stock a “sector perform” rating in a report on Thursday, June 12th. Finally, Rothschild & Co Redburn assumed coverage on Oracle in a research report on Thursday, September 25th. They issued a “sell” rating and a $175.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Oracle currently has a consensus rating of “Moderate Buy” and a consensus price target of $304.71.
View Our Latest Stock Analysis on Oracle
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.
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