Narwhal Capital Management Raises Stock Position in Oracle Corporation $ORCL

Narwhal Capital Management grew its holdings in Oracle Corporation (NYSE:ORCL) by 22.6% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 26,929 shares of the enterprise software provider’s stock after acquiring an additional 4,966 shares during the period. Narwhal Capital Management’s holdings in Oracle were worth $5,887,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Redmont Wealth Advisors LLC purchased a new position in shares of Oracle during the 1st quarter worth about $27,000. Inlight Wealth Management LLC purchased a new position in shares of Oracle during the 1st quarter worth about $28,000. Iron Horse Wealth Management LLC boosted its stake 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 period. Legend Financial Advisors Inc. purchased a new position in shares of Oracle during the 2nd quarter worth about $34,000. Finally, HighMark Wealth Management LLC purchased a new position in shares of Oracle during the 2nd quarter worth about $38,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Trading Up 1.5%

NYSE:ORCL opened at $288.48 on Thursday. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The firm has a market cap of $822.40 billion, a P/E ratio of 66.78, a P/E/G ratio of 3.06 and a beta of 1.53. The firm has a 50-day simple moving average of $264.86 and a 200-day simple moving average of $207.92.

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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the prior year, the firm posted $1.39 EPS. The company’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 anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be issued a $0.50 dividend. 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 currently 46.30%.

Insider Buying and Selling at Oracle

In other news, Director Naomi O. Seligman sold 2,222 shares of the business’s stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the sale, the director owned 29,225 shares in the company, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of the business’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of the sale, the insider owned 78,000 shares of the company’s stock, valued at approximately $23,174,580. This represents a 21.40% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 104,314 shares of company stock worth $31,272,223. 40.90% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ORCL. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $240.00 price target (up from $200.00) on shares of Oracle in a research note on Thursday, June 12th. Rothschild Redb raised shares of Oracle to a “strong sell” rating in a research note on Thursday, September 25th. Westpark Capital lifted their price target on shares of Oracle from $195.00 to $246.00 and gave the stock a “buy” rating in a research note on Thursday, June 12th. JPMorgan Chase & Co. lifted their price objective on shares of Oracle from $185.00 to $210.00 and gave the company a “neutral” rating in a report on Monday, September 8th. Finally, Stifel Nicolaus lifted their price objective on shares of Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $306.43.

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.