Oracle Corporation $ORCL Shares Sold by Gilliland Jeter Wealth Management LLC

Gilliland Jeter Wealth Management LLC trimmed its holdings in Oracle Corporation (NYSE:ORCL) by 1.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,093 shares of the enterprise software provider’s stock after selling 275 shares during the quarter. Oracle comprises approximately 1.5% of Gilliland Jeter Wealth Management LLC’s portfolio, making the stock its 13th biggest position. Gilliland Jeter Wealth Management LLC’s holdings in Oracle were worth $4,612,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ORCL. Brighton Jones LLC boosted its holdings in Oracle by 189.3% in 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 in the last quarter. Revolve Wealth Partners LLC boosted its holdings in Oracle by 8.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock valued at $903,000 after purchasing an additional 404 shares in the last quarter. Wedge Capital Management L L P NC lifted its stake in Oracle by 4.0% in the first quarter. Wedge Capital Management L L P NC now owns 2,871 shares of the enterprise software provider’s stock valued at $401,000 after buying an additional 110 shares during the last quarter. GAMMA Investing LLC lifted its stake in Oracle by 8.1% in the first quarter. GAMMA Investing LLC now owns 34,011 shares of the enterprise software provider’s stock valued at $4,755,000 after buying an additional 2,546 shares during the last quarter. Finally, CX Institutional lifted its stake in Oracle by 4.8% in the first quarter. CX Institutional now owns 16,114 shares of the enterprise software provider’s stock valued at $2,253,000 after buying an additional 737 shares during the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director William G. Parrett sold 11,500 shares of the company’s stock in a transaction 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 transaction, the director owned 17,764 shares of the company’s stock, valued at $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction on 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 transaction, the insider directly owned 132,656 shares in the company, valued at $42,603,800.96. This represents a 20.33% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 104,314 shares of company stock worth $31,272,223. Insiders own 40.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Roth Capital reiterated a “hold” rating on shares of Oracle in a research note on Wednesday, June 18th. Rothschild & Co Redburn assumed coverage on Oracle in a research note on Thursday, September 25th. They issued a “sell” rating and a $175.00 price objective for the company. Cowen reiterated a “buy” rating and issued a $375.00 price objective on shares of Oracle in a research note on Wednesday, September 10th. JMP Securities reiterated a “market outperform” rating and issued a $342.00 price objective on shares of Oracle in a research note on Wednesday, September 24th. Finally, Mizuho boosted their price objective on Oracle from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Wednesday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $306.43.

Oracle Trading Up 2.9%

NYSE:ORCL opened at $296.95 on Friday. The firm has a market cap of $846.54 billion, a P/E ratio of 68.74, a PEG ratio of 3.11 and a beta of 1.53. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock’s 50 day simple moving average is $265.72 and its 200-day simple moving average is $208.90. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72.

Oracle (NYSE:ORCL) last released its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The company had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.39 EPS. 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 year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be issued 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 of this dividend is Thursday, October 9th. Oracle’s dividend payout ratio is currently 46.30%.

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.