Perfromance Wealth Partners LLC Buys 518 Shares of Oracle Corporation $ORCL

Perfromance Wealth Partners LLC raised its stake in Oracle Corporation (NYSE:ORCL) by 0.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 220,727 shares of the enterprise software provider’s stock after acquiring an additional 518 shares during the period. Oracle makes up 1.5% of Perfromance Wealth Partners LLC’s portfolio, making the stock its 13th largest holding. Perfromance Wealth Partners LLC’s holdings in Oracle were worth $48,258,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of ORCL. Nuveen LLC bought a new stake in shares of Oracle in the 1st quarter worth about $732,692,000. Vanguard Group Inc. increased its holdings in shares of Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock worth $22,498,982,000 after buying an additional 3,513,464 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of Oracle in the 2nd quarter worth about $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Oracle by 79.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock worth $648,572,000 after buying an additional 2,049,687 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its holdings in shares of Oracle by 840.7% in the 2nd quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider’s stock worth $463,380,000 after buying an additional 1,894,157 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors.

Insider Activity at Oracle

In other news, insider Michael D. Sicilia sold 33,845 shares of the company’s 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 completion of the sale, the insider 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The stock was 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 directly owned 78,000 shares of the company’s stock, valued at $23,174,580. The trade was a 21.40% decrease in their position. The disclosure for this sale can be found here. Insiders sold 104,314 shares of company stock valued at $31,272,223 in the last quarter. Corporate insiders own 40.90% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ORCL. Wolfe Research boosted their target price on shares of Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. TD Cowen upped their price target on shares of Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Bank of America upgraded shares of Oracle from a “neutral” rating to a “buy” rating and upped their price target for the company from $295.00 to $368.00 in a report on Wednesday, September 10th. Robert W. Baird began coverage on shares of Oracle in a report on Wednesday, October 8th. They set an “outperform” rating and a $365.00 price target on the stock. Finally, William Blair reiterated an “outperform” rating on shares of Oracle in a report on Monday, September 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $307.00.

Oracle Price Performance

Oracle stock opened at $308.14 on Tuesday. The stock has a market cap of $878.43 billion, a price-to-earnings ratio of 71.33, a price-to-earnings-growth ratio of 3.15 and a beta of 1.53. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The firm has a 50-day moving average of $267.80 and a two-hundred day moving average of $211.91.

Oracle (NYSE:ORCL) last released its quarterly earnings data 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). 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%. Oracle’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period last year, the firm earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s payout ratio is 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.