Greenleaf Trust Sells 11,545 Shares of Oracle Corporation $ORCL

Greenleaf Trust lessened its position in Oracle Corporation (NYSE:ORCL) by 15.5% in the second quarter, HoldingsChannel reports. The fund owned 62,859 shares of the enterprise software provider’s stock after selling 11,545 shares during the quarter. Greenleaf Trust’s holdings in Oracle were worth $13,743,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Legend Financial Advisors Inc. acquired a new stake in Oracle in the 2nd quarter valued at $34,000. Redmont Wealth Advisors LLC bought a new position in shares of Oracle in the first quarter valued at $27,000. Inlight Wealth Management LLC bought a new position in shares of Oracle in the first quarter valued at $28,000. Iron Horse Wealth Management LLC grew its holdings in shares of Oracle by 284.9% during the first 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 during the last quarter. Finally, Family Legacy Financial Solutions LLC bought a new stake in shares of Oracle during the second quarter worth about $60,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have issued reports on ORCL. Cantor Fitzgerald lifted their price target on Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. Westpark Capital lifted their target price on Oracle from $195.00 to $246.00 and gave the company a “buy” rating in a research report on Thursday, June 12th. Raymond James Financial reissued a “strong-buy” rating on shares of Oracle in a research report on Wednesday, June 18th. Redburn Partners set a $175.00 price objective on shares of Oracle in a report on Thursday. Finally, Guggenheim upped their target price 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 equities research 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 data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $304.71.

Oracle Price Performance

ORCL opened at $282.68 on Tuesday. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The firm has a 50-day moving average of $258.97 and a 200 day moving average of $202.09. 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 cap of $803.29 billion, a P/E ratio of 65.44, a PEG ratio of 3.05 and a beta of 1.46.

Oracle (NYSE:ORCL) last announced its quarterly earnings data 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same period in the prior year, the firm posted $1.39 EPS. The business’s revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

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

Insiders Place Their Bets

In other Oracle news, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction on 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. The trade was a 39.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Clayton M. Magouyrk sold 21,241 shares of the company’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $297.11, for a total value of $6,310,913.51. Following the transaction, the insider directly owned 78,000 shares in the company, valued at $23,174,580. This represents a 21.40% 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.

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.