Kintegral Advisory LLC Decreases Stock Position in Oracle Corporation $ORCL

Kintegral Advisory LLC trimmed its holdings in shares of Oracle Corporation (NYSE:ORCLFree Report) by 0.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,208 shares of the enterprise software provider’s stock after selling 45 shares during the period. Kintegral Advisory LLC’s holdings in Oracle were worth $6,604,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Legend Financial Advisors Inc. purchased a new stake in Oracle during the 2nd quarter worth about $34,000. HighMark Wealth Management LLC acquired a new stake in shares of Oracle during the second quarter worth about $38,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Oracle during the first quarter worth about $27,000. Inlight Wealth Management LLC acquired a new stake in shares of Oracle during the first quarter worth about $28,000. Finally, Iron Horse Wealth Management LLC increased its position in shares of Oracle by 284.9% during the first 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 in the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Stock Performance

Shares of ORCL stock opened at $293.04 on Monday. The stock has a market capitalization of $835.40 billion, a PE ratio of 67.83, a price-to-earnings-growth ratio of 3.15 and a beta of 1.53. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The stock’s 50-day moving average price is $266.69 and its 200 day moving average price is $210.74. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCLGet Free Report) last issued its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (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 company had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same quarter last year, the firm earned $1.39 EPS. The business’s revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The firm also recently disclosed 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. 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 payout ratio is currently 46.30%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on ORCL shares. William Blair reiterated an “outperform” rating on shares of Oracle in a research report on Monday, September 22nd. Stifel Nicolaus lifted their target price on Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Melius Research lifted their target price on Oracle from $270.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Cowen reiterated a “buy” rating and set a $375.00 target price on shares of Oracle in a research report on Wednesday, September 10th. Finally, Guggenheim lifted their target price on Oracle from $250.00 to $375.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Oracle currently has a consensus rating of “Moderate Buy” and a consensus target price of $306.71.

Check Out Our Latest Stock Report on Oracle

Insiders Place Their Bets

In other Oracle news, Director Naomi O. Seligman sold 2,222 shares of Oracle stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the sale, the director owned 29,225 shares of the company’s stock, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the sale, the director directly owned 17,764 shares in the company, valued at $5,435,784. This trade represents a 39.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 104,314 shares of company stock worth $31,272,223 over the last quarter. 40.90% of the stock is owned by company insiders.

About Oracle

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

Receive News & Ratings for Oracle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oracle and related companies with MarketBeat.com's FREE daily email newsletter.