US Bancorp DE Buys 160 Shares of Oracle Corporation $ORCL

US Bancorp DE lifted its stake in Oracle Corporation (NYSE:ORCL) by 0.0% during the second quarter, HoldingsChannel reports. The firm owned 1,667,934 shares of the enterprise software provider’s stock after purchasing an additional 160 shares during the period. US Bancorp DE’s holdings in Oracle were worth $364,661,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Legend Financial Advisors Inc. purchased a new stake in Oracle in the second quarter worth about $34,000. HighMark Wealth Management LLC purchased a new stake in Oracle in the second quarter worth about $38,000. Redmont Wealth Advisors LLC purchased a new stake in Oracle in the first quarter worth about $27,000. Inlight Wealth Management LLC purchased a new stake in Oracle in the first quarter worth about $28,000. Finally, Iron Horse Wealth Management LLC lifted its stake in Oracle by 284.9% in the first 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 during the period. 42.44% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Oracle

In related news, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the transaction, the insider owned 132,656 shares in the company, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William G. Parrett sold 11,500 shares of the stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the completion of 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. Insiders have sold a total of 104,314 shares of company stock worth $31,272,223 in the last 90 days. Corporate insiders own 40.90% of the company’s stock.

Oracle Stock Performance

Shares of Oracle stock opened at $288.48 on Thursday. The firm has a market capitalization of $822.40 billion, a P/E ratio of 66.78, a PEG ratio of 3.06 and a beta of 1.53. 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 company has a 50 day moving average price of $264.86 and a 200 day moving average price of $207.92. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72.

Oracle (NYSE:ORCL) last announced its quarterly earnings data 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 analysts’ expectations of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s dividend payout ratio is 46.30%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ORCL. Mizuho upped their price objective on shares of Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 10th. BMO Capital Markets set a $345.00 price target on shares of Oracle in a research report on Wednesday, September 10th. JPMorgan Chase & Co. increased their price target on shares of Oracle from $185.00 to $210.00 and gave the company a “neutral” rating in a research report on Monday, September 8th. JMP Securities reissued a “market outperform” rating and set a $342.00 price target on shares of Oracle in a research report on Wednesday, September 24th. Finally, Evercore ISI increased their price target on shares of Oracle from $270.00 to $340.00 and gave the company an “outperform” rating in a research report on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $306.43.

Oracle 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.