Oracle Corporation $ORCL Shares Bought by Lodestone Wealth Management LLC

Lodestone Wealth Management LLC boosted its position in shares of Oracle Corporation (NYSE:ORCLFree Report) by 15.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 5,324 shares of the enterprise software provider’s stock after buying an additional 708 shares during the period. Lodestone Wealth Management LLC’s holdings in Oracle were worth $1,164,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Howe & Rusling Inc. raised its stake in Oracle by 6.5% in the 2nd quarter. Howe & Rusling Inc. now owns 6,236 shares of the enterprise software provider’s stock valued at $1,363,000 after purchasing an additional 380 shares during the last quarter. 17 Capital Partners LLC acquired a new stake in Oracle during the 2nd quarter worth $267,000. Winnow Wealth LLC purchased a new stake in shares of Oracle during the second quarter worth $28,000. Main Management ETF Advisors LLC raised its position in shares of Oracle by 1.7% in the second quarter. Main Management ETF Advisors LLC now owns 11,728 shares of the enterprise software provider’s stock valued at $2,564,000 after buying an additional 192 shares during the last quarter. Finally, NFP Retirement Inc. lifted its stake in shares of Oracle by 12.8% in the second quarter. NFP Retirement Inc. now owns 1,988 shares of the enterprise software provider’s stock worth $435,000 after buying an additional 226 shares in the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Oracle Trading Up 2.2%

Shares of Oracle stock opened at $225.39 on Thursday. The stock has a 50 day moving average of $276.74 and a 200 day moving average of $235.39. 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 market capitalization of $642.54 billion, a price-to-earnings ratio of 52.17, a PEG ratio of 2.96 and a beta of 1.51. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72.

Oracle (NYSE:ORCLGet Free Report) last announced its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The business had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period last year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were given a $0.50 dividend. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.9%. Oracle’s dividend payout ratio is presently 46.30%.

Insider Activity at Oracle

In related news, EVP Stuart Levey sold 19,758 shares of the stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Clayton M. Magouyrk sold 40,000 shares of Oracle stock in a transaction that occurred on 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 completion of the sale, the chief executive officer owned 154,030 shares of the company’s stock, valued at $42,610,859.20. This trade represents a 20.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 204,254 shares of company stock valued at $60,227,807 over the last quarter. 40.90% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts recently issued reports on ORCL shares. Cowen reaffirmed a “buy” rating on shares of Oracle in a research note on Friday, October 17th. Baird R W upgraded Oracle to a “strong-buy” rating in a research report on Wednesday, October 8th. Rothschild & Co Redburn assumed coverage on Oracle in a report on Thursday, September 25th. They issued a “sell” rating and a $175.00 price target for the company. JPMorgan Chase & Co. lifted their price objective on Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a research report on Monday, September 8th. Finally, JMP Securities restated a “market outperform” rating and issued a $342.00 target price on shares of Oracle in a report on Friday, October 17th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $322.26.

Get Our Latest Stock Analysis on Oracle

Oracle Profile

(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.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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