Oracle Corporation $ORCL Shares Sold by Putney Financial Group LLC

Putney Financial Group LLC trimmed its position in shares of Oracle Corporation (NYSE:ORCL) by 17.8% during the second quarter, Holdings Channel reports. The institutional investor owned 691 shares of the enterprise software provider’s stock after selling 150 shares during the quarter. Putney Financial Group LLC’s holdings in Oracle were worth $151,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Nuveen LLC purchased a new stake in shares of Oracle during the 1st quarter worth $732,692,000. Vanguard Group Inc. raised its stake in Oracle by 2.2% in the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock valued at $22,498,982,000 after buying an additional 3,513,464 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in Oracle during the 2nd quarter worth about $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Oracle by 79.2% during 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 acquiring an additional 2,049,687 shares in 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 valued at $463,380,000 after acquiring an additional 1,894,157 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on ORCL. BMO Capital Markets set a $355.00 target price on Oracle and gave the stock an “outperform” rating in a research note on Monday, October 13th. Robert W. Baird began coverage on shares of Oracle in a research report on Wednesday, October 8th. They set an “outperform” rating and a $365.00 price objective for the company. TD Cowen upped their target price on shares of Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Weiss Ratings lowered shares of Oracle from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday, October 25th. Finally, Baird R W raised shares of Oracle to a “strong-buy” rating in a research report on Wednesday, October 8th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $323.69.

Insider Transactions at Oracle

In other Oracle news, EVP Stuart Levey sold 19,758 shares of the firm’s stock in a transaction on Friday, October 10th. The stock was sold at an average price of $300.00, for a total value of $5,927,400.00. Following the completion of the sale, the executive vice president owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Maria Smith sold 5,000 shares of the company’s stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $280.62, for a total transaction of $1,403,100.00. Following the transaction, the executive vice president directly owned 47,083 shares in the company, valued at approximately $13,212,431.46. This trade represents a 9.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 220,134 shares of company stock valued at $64,268,949. 40.90% of the stock is owned by company insiders.

Oracle Stock Down 6.8%

Shares of Oracle stock opened at $256.54 on Friday. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The company has a market cap of $731.34 billion, a P/E ratio of 59.38, a PEG ratio of 2.96 and a beta of 1.53. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The firm has a fifty day moving average of $277.44 and a two-hundred day moving average of $224.85.

Oracle (NYSE:ORCL) 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 analysts’ consensus estimates of $1.48 by ($0.01). The firm had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company’s revenue was up 12.2% compared to the same quarter last year. During the same quarter 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, analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is currently 46.30%.

About Oracle

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.