E Fund Management Hong Kong Co. Ltd. Purchases New Holdings in Oracle Corporation $ORCL

E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Oracle Corporation (NYSE:ORCL) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 664 shares of the enterprise software provider’s stock, valued at approximately $145,000.

Other hedge funds also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC bought a new position in Oracle during the 1st quarter valued at about $27,000. Inlight Wealth Management LLC bought a new position in Oracle in the 1st quarter worth about $28,000. Iron Horse Wealth Management LLC grew its stake in Oracle by 284.9% in the 1st 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. bought a new position in Oracle in the 2nd quarter worth about $34,000. Finally, HighMark Wealth Management LLC bought a new position in Oracle in the 2nd quarter worth about $38,000. 42.44% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Scotiabank restated an “outperform” rating on shares of Oracle in a research note on Wednesday, September 10th. Stifel Nicolaus upped their target price on shares of Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. JMP Securities restated a “market outperform” rating and issued a $342.00 target price on shares of Oracle in a research note on Wednesday, September 24th. Oppenheimer restated an “outperform” rating on shares of Oracle in a research note on Wednesday, June 18th. Finally, BNP Paribas set a $377.00 price objective on shares of Oracle in a research note on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Oracle currently has an average rating of “Moderate Buy” and an average price target of $306.43.

Insider Activity at Oracle

In other Oracle news, Director William G. Parrett sold 11,500 shares of the firm’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the transaction, the director owned 17,764 shares of the company’s stock, valued at approximately $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the firm’s stock in a transaction on 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 completion of the transaction, the insider directly owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 104,314 shares of company stock worth $31,272,223. Corporate insiders own 40.90% of the company’s stock.

Oracle Trading Up 1.5%

NYSE:ORCL opened at $288.48 on Thursday. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The firm has a 50 day moving average of $264.86 and a 200 day moving average of $207.92. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock has a market capitalization of $822.40 billion, a price-to-earnings ratio of 66.78, a PEG ratio of 3.06 and a beta of 1.53.

Oracle (NYSE:ORCL) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The firm had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company’s revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, sell-side analysts anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. Oracle’s dividend payout ratio (DPR) 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.