Great Lakes Retirement Inc. Buys 1,040 Shares of Oracle Corporation $ORCL

Great Lakes Retirement Inc. grew its stake in shares of Oracle Corporation (NYSE:ORCL) by 3.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,979 shares of the enterprise software provider’s stock after purchasing an additional 1,040 shares during the period. Great Lakes Retirement Inc.’s holdings in Oracle were worth $6,554,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of ORCL. Brighton Jones LLC boosted its stake in shares of Oracle by 189.3% during the 4th 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 stake in shares of Oracle by 8.1% during the 4th 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. Golden State Wealth Management LLC boosted its stake in shares of Oracle by 8.0% during the 1st quarter. Golden State Wealth Management LLC now owns 2,592 shares of the enterprise software provider’s stock valued at $362,000 after purchasing an additional 191 shares in the last quarter. Rossby Financial LCC bought a new stake in Oracle during the first quarter worth about $156,000. Finally, Novem Group boosted its stake in Oracle by 58.5% during the first quarter. Novem Group now owns 4,659 shares of the enterprise software provider’s stock worth $651,000 after acquiring an additional 1,720 shares in the last quarter. Institutional investors own 42.44% of the company’s stock.

Oracle Stock Up 2.2%

Shares of Oracle stock opened at $262.60 on Friday. 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 stock has a market capitalization of $748.62 billion, a PE ratio of 60.79, a price-to-earnings-growth ratio of 2.96 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 company has a 50-day simple moving average of $277.97 and a two-hundred day simple moving average of $225.74.

Oracle (NYSE:ORCL) last issued its 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). The firm had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period last year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

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

Insiders Place Their Bets

In other Oracle news, CEO Clayton M. Magouyrk sold 40,000 shares of Oracle stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $276.64, for a total value of $11,065,600.00. Following the completion of the transaction, the chief executive officer directly owned 154,030 shares of the company’s stock, valued at approximately $42,610,859.20. The trade was a 20.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the transaction, the director directly owned 17,764 shares of the company’s stock, valued at $5,435,784. The trade was a 39.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 220,134 shares of company stock valued at $64,268,949. 40.90% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on ORCL shares. Jefferies Financial Group boosted their price objective on shares of Oracle from $360.00 to $400.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. Stephens boosted their price objective on shares of Oracle from $208.00 to $331.00 and gave the stock an “equal weight” rating in a research note on Friday, October 17th. Melius Research boosted their price objective on shares of Oracle from $270.00 to $370.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Wolfe Research boosted their price objective on shares of Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 10th. Finally, Cantor Fitzgerald boosted their price objective on shares of Oracle from $271.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 10th. 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 given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $323.69.

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.