Oracle (NYSE:ORCL) Price Target Raised to $364.00

Oracle (NYSE:ORCL) had its price target raised by Sanford C. Bernstein from $363.00 to $364.00 in a research report sent to investors on Friday,Benzinga reports. Sanford C. Bernstein currently has an outperform rating on the enterprise software provider’s stock.

ORCL has been the topic of several other reports. Scotiabank restated an “outperform” rating on shares of Oracle in a research note on Wednesday, September 10th. JMP Securities restated a “market outperform” rating and set a $342.00 price objective on shares of Oracle in a research note on Wednesday, September 24th. Redburn Partners set a $175.00 price objective on Oracle in a research note on Thursday. DA Davidson raised their price objective on Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a research note on Wednesday, September 10th. Finally, Loop Capital set a $135.00 price objective on Oracle in a research note on Tuesday, June 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $304.71.

Oracle Price Performance

Shares of ORCL opened at $283.29 on Friday. Oracle has a 12-month low of $118.86 and a 12-month high of $345.72. The business’s fifty day moving average is $258.19 and its 200 day moving average is $201.16. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock has a market cap of $805.03 billion, a P/E ratio of 65.58, a P/E/G ratio of 3.05 and a beta of 1.46.

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 analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the prior year, the business earned $1.39 earnings per share. Oracle’s revenue for the quarter 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 will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

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

Insider Buying and Selling

In related news, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the sale, the insider owned 78,000 shares of the company’s stock, valued at approximately $23,174,580. This trade represents a 21.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Rona Alison Fairhead acquired 480 shares of the firm’s stock in a transaction that occurred on Monday, July 7th. The stock was purchased at an average cost of $233.87 per share, with a total value of $112,257.60. Following the acquisition, the director owned 22,110 shares in the company, valued at $5,170,865.70. The trade was a 2.22% increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 112,092 shares of company stock worth $32,960,165 in the last quarter. 42.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Oracle

Several large investors have recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC purchased a new position in Oracle during the 1st quarter valued at about $27,000. Inlight Wealth Management LLC purchased a new position in Oracle during the 1st quarter valued at about $28,000. Winnow Wealth LLC purchased a new position in Oracle during the 2nd quarter valued at about $28,000. Iron Horse Wealth Management LLC grew its holdings in Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after buying an additional 151 shares in the last quarter. Finally, Kilter Group LLC purchased a new position in Oracle during the 2nd quarter valued at about $30,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

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.