Smith Anglin Financial LLC Purchases 658 Shares of Oracle Corporation $ORCL

Smith Anglin Financial LLC grew its position in shares of Oracle Corporation (NYSE:ORCL) by 17.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,385 shares of the enterprise software provider’s stock after buying an additional 658 shares during the quarter. Smith Anglin Financial LLC’s holdings in Oracle were worth $959,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Legend Financial Advisors Inc. bought a new position in shares of Oracle during the 2nd quarter worth approximately $34,000. Redmont Wealth Advisors LLC bought a new stake in shares of Oracle in the 1st quarter worth approximately $27,000. Inlight Wealth Management LLC bought a new stake in shares of Oracle in the 1st quarter worth approximately $28,000. Iron Horse Wealth Management LLC raised its holdings in shares of Oracle by 284.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after purchasing an additional 151 shares during the period. Finally, Family Legacy Financial Solutions LLC bought a new stake in shares of Oracle in the 2nd quarter worth approximately $60,000. Institutional investors own 42.44% of the company’s stock.

Analysts Set New Price Targets

ORCL has been the topic of a number of research reports. Westpark Capital lifted their price target on shares of Oracle from $195.00 to $246.00 and gave the stock a “buy” rating in a report on Thursday, June 12th. Redburn Partners set a $175.00 price target on shares of Oracle in a report on Thursday. Royal Bank Of Canada lifted their price target on shares of Oracle from $145.00 to $195.00 and gave the stock a “sector perform” rating in a report on Thursday, June 12th. UBS Group set a $364.00 price target on shares of Oracle in a report on Friday. Finally, BMO Capital Markets set a $345.00 price target on shares of Oracle in a report on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $304.71.

Oracle Trading Down 2.8%

Shares of ORCL stock opened at $283.29 on Monday. The company’s fifty day simple moving average is $258.19 and its two-hundred day simple moving average is $201.16. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The stock has a market capitalization of $805.03 billion, a price-to-earnings ratio of 65.58, a PEG 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). The business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company’s revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently declared 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 is Thursday, October 9th. Oracle’s payout ratio is 46.30%.

Insider Activity

In other news, Director Naomi O. Seligman sold 3,303 shares of the business’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 transaction, the director directly owned 31,447 shares in the company, valued at $7,337,214.04. The trade was a 9.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Maria Smith sold 10,000 shares of the business’s stock in a transaction on Thursday, July 3rd. The shares were sold at an average price of $232.99, for a total transaction of $2,329,900.00. Following the transaction, the executive vice president owned 40,807 shares of the company’s stock, valued at $9,507,622.93. This trade represents a 19.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 112,092 shares of company stock worth $32,960,165. Company insiders own 42.20% of the company’s stock.

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.