Oracle Corporation $ORCL Shares Acquired by City Holding Co.

City Holding Co. raised its position in shares of Oracle Corporation (NYSE:ORCLFree Report) by 2.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,660 shares of the enterprise software provider’s stock after buying an additional 680 shares during the quarter. City Holding Co.’s holdings in Oracle were worth $6,266,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC grew its stake in shares of Oracle by 189.3% in the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock worth $25,593,000 after purchasing an additional 100,494 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in Oracle by 8.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock worth $903,000 after purchasing an additional 404 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of Oracle by 200.4% during the 4th quarter. Wellington Management Group LLP now owns 172,483 shares of the enterprise software provider’s stock valued at $28,743,000 after acquiring an additional 115,059 shares during the last quarter. Legacy Private Trust Co. boosted its holdings in Oracle by 31.5% during the first quarter. Legacy Private Trust Co. now owns 2,193 shares of the enterprise software provider’s stock valued at $307,000 after acquiring an additional 525 shares during the period. Finally, BTC Capital Management Inc. grew its stake in shares of Oracle by 3.7% in the first quarter. BTC Capital Management Inc. now owns 74,621 shares of the enterprise software provider’s stock worth $10,433,000 after acquiring an additional 2,636 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Activity at Oracle

In other news, Director William G. Parrett sold 11,500 shares of the firm’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the completion of the transaction, the director directly owned 17,764 shares in the company, valued at $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Naomi O. Seligman sold 3,303 shares of the company’s stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total transaction of $770,655.96. Following the completion of the sale, the director directly owned 31,447 shares in the company, valued at approximately $7,337,214.04. This represents a 9.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 112,092 shares of company stock valued at $32,960,165 in the last quarter. Insiders own 42.20% of the company’s stock.

Oracle Stock Down 2.8%

ORCL stock opened at $283.29 on Friday. The business has a 50-day simple moving average of $258.19 and a 200 day simple moving average of $200.78. The company has a market cap of $805.03 billion, a PE ratio of 65.58, a price-to-earnings-growth ratio of 3.05 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 Corporation has a 52 week low of $118.86 and a 52 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same quarter last year, the company posted $1.39 earnings per share. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Barclays increased their target price on Oracle from $221.00 to $281.00 and gave the stock an “overweight” rating in a report on Monday, September 8th. Citigroup reaffirmed an “outperform” rating on shares of Oracle in a research note on Wednesday, September 10th. William Blair reaffirmed an “outperform” rating on shares of Oracle in a research note on Monday, September 22nd. Berenberg Bank lifted their target price on Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a research report on Monday, September 15th. Finally, Guggenheim increased their price objective on shares of Oracle from $250.00 to $375.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $304.71.

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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.

Further Reading

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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