Oracle (NYSE:ORCL) Given “Market Outperform” Rating at JMP Securities

JMP Securities reaffirmed their market outperform rating on shares of Oracle (NYSE:ORCL) in a research note released on Wednesday morning,Benzinga reports. The firm currently has a $342.00 target price on the enterprise software provider’s stock.

Several other analysts also recently commented on ORCL. Mizuho raised their target price on Oracle from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Wednesday, September 10th. Cowen reiterated a “buy” rating and issued a $375.00 price target on shares of Oracle in a report on Wednesday, September 10th. TD Cowen raised their price objective on Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Piper Sandler upped their target price on Oracle from $270.00 to $330.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 10th. Finally, Royal Bank Of Canada increased their target price on Oracle from $145.00 to $195.00 and gave the stock a “sector perform” rating in a report on Thursday, June 12th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Oracle currently has a consensus rating of “Moderate Buy” and an average target price of $304.71.

Oracle Stock Performance

Shares of ORCL stock opened at $283.29 on Wednesday. The firm has a 50 day moving average of $258.19 and a 200-day moving average of $200.44. The company has a market cap of $805.03 billion, a price-to-earnings ratio of 65.58, a price-to-earnings-growth ratio of 3.13 and a beta of 1.46. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle has a 52 week low of $118.86 and a 52 week high of $345.72.

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 company had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’s revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts forecast that Oracle will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s dividend payout ratio is currently 46.30%.

Insiders Place Their Bets

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction 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 sale, the insider owned 78,000 shares in the company, valued at $23,174,580. This represents a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director William G. Parrett sold 11,500 shares of the stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the sale, the director directly owned 17,764 shares in the company, valued at $5,435,784. This trade represents a 39.30% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 112,092 shares of company stock valued at $32,960,165. Company insiders own 42.20% of the company’s stock.

Hedge Funds Weigh In On Oracle

Institutional investors have recently added to or reduced their stakes in the business. Redmont Wealth Advisors LLC bought a new stake in Oracle during the first quarter valued at approximately $27,000. Inlight Wealth Management LLC purchased a new stake in shares of Oracle during the 1st quarter valued at $28,000. Winnow Wealth LLC bought a new stake in shares of Oracle during the 2nd quarter worth $28,000. Iron Horse Wealth Management LLC grew its position in Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after acquiring an additional 151 shares in the last quarter. Finally, Kilter Group LLC purchased a new position in Oracle in the second quarter worth $30,000. 42.44% of the stock is currently owned by institutional investors.

Oracle Company 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.