BLB&B Advisors LLC reduced its stake in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 7.4% in the second quarter, according to its most recent filing with the SEC. The fund owned 6,086 shares of the enterprise software provider’s stock after selling 486 shares during the period. BLB&B Advisors LLC’s holdings in Oracle were worth $1,331,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. LGT Financial Advisors LLC bought a new stake in Oracle in the second quarter worth $33,000. Legend Financial Advisors Inc. bought a new stake in Oracle in the second quarter worth $34,000. HighMark Wealth Management LLC bought a new stake in Oracle in the second quarter worth $38,000. Moser Wealth Advisors LLC lifted its stake in Oracle by 1,770.0% in the second quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider’s stock worth $41,000 after purchasing an additional 177 shares during the last quarter. Finally, Orion Capital Management LLC lifted its stake in Oracle by 32.2% in the second quarter. Orion Capital Management LLC now owns 193 shares of the enterprise software provider’s stock worth $42,000 after purchasing an additional 47 shares during the last quarter. 42.44% of the stock is owned by institutional investors.
Analysts Set New Price Targets
ORCL has been the subject of several recent research reports. JPMorgan Chase & Co. boosted their price target on shares of Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday, September 8th. TD Cowen boosted their price objective on shares of Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Scotiabank boosted their price objective on shares of Oracle from $350.00 to $360.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. BMO Capital Markets set a $355.00 price objective on shares of Oracle and gave the company an “outperform” rating in a research report on Monday, October 13th. Finally, Baird R W upgraded shares of Oracle to a “strong-buy” rating in a research report on Wednesday, October 8th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $323.69.
Oracle Price Performance
Shares of NYSE ORCL opened at $256.54 on Friday. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The company’s 50-day moving average is $277.44 and its 200 day moving average is $224.85. The stock has a market capitalization of $731.34 billion, a P/E ratio of 59.38, a P/E/G ratio of 2.96 and a beta of 1.53.
Oracle (NYSE:ORCL – Get Free Report) last announced 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 for the quarter, compared to analysts’ expectations of $15.04 billion. During the same quarter in the prior year, the firm earned $1.39 EPS. Oracle’s quarterly revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, sell-side analysts expect that Oracle Corporation will post 5 earnings per share for the current year.
Oracle Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were given a dividend of $0.50 per share. The ex-dividend date was Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.8%. Oracle’s payout ratio is currently 46.30%.
Insider Activity at Oracle
In related news, Director Jeffrey Berg sold 49,365 shares of the business’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the transaction, the director owned 151,999 shares in the company, valued at $43,018,756.98. The trade was a 24.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the business’s stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $276.64, for a total transaction of $11,065,600.00. Following the transaction, the chief executive officer owned 154,030 shares in the company, valued at $42,610,859.20. This represents a 20.62% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 220,134 shares of company stock valued at $64,268,949 over the last three months. Corporate insiders own 40.90% of the company’s stock.
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.
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