Oracle Corporation $ORCL is JLB & Associates Inc.’s Largest Position

JLB & Associates Inc. lessened its holdings in shares of Oracle Corporation (NYSE:ORCL) by 4.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 176,016 shares of the enterprise software provider’s stock after selling 7,621 shares during the period. Oracle accounts for approximately 5.4% of JLB & Associates Inc.’s portfolio, making the stock its biggest holding. JLB & Associates Inc.’s holdings in Oracle were worth $38,482,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC increased its stake in Oracle by 189.3% in the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock valued at $25,593,000 after buying an additional 100,494 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of Oracle by 8.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock valued at $903,000 after buying an additional 404 shares during the period. Ervin Investment Management LLC grew its holdings in shares of Oracle by 2.4% during the 1st quarter. Ervin Investment Management LLC now owns 11,295 shares of the enterprise software provider’s stock valued at $1,579,000 after acquiring an additional 260 shares in the last quarter. Enterprise Bank & Trust Co increased its stake in shares of Oracle by 7.6% in the first quarter. Enterprise Bank & Trust Co now owns 7,079 shares of the enterprise software provider’s stock worth $990,000 after acquiring an additional 499 shares during the last quarter. Finally, NBC Securities Inc. raised its holdings in shares of Oracle by 103,497.2% during the first quarter. NBC Securities Inc. now owns 37,295 shares of the enterprise software provider’s stock worth $5,214,000 after acquiring an additional 37,259 shares in the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on ORCL shares. Wolfe Research boosted their target price on Oracle from $300.00 to $400.00 and gave the company an “outperform” rating in a research note on Wednesday, September 10th. Westpark Capital lifted their price target on Oracle from $195.00 to $246.00 and gave the company a “buy” rating in a report on Thursday, June 12th. Roth Capital reissued a “hold” rating on shares of Oracle in a research note on Wednesday, June 18th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Oracle in a research report on Wednesday, June 18th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $342.00 target price on shares of Oracle in a research note on Wednesday, September 24th. Two 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. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $304.71.

Oracle Stock Down 0.3%

ORCL opened at $282.68 on Tuesday. The firm has a market cap of $803.29 billion, a P/E ratio of 65.44, a price-to-earnings-growth ratio of 3.05 and a beta of 1.46. 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 business has a 50 day moving average price of $258.97 and a 200 day moving average price of $202.09. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72.

Oracle (NYSE:ORCL) last released its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The firm had revenue of $14.93 billion during 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 for the quarter was up 12.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts forecast that Oracle Corporation will post 5 EPS for the current 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 given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend 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 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 transaction, the insider directly owned 78,000 shares in the company, valued at approximately $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director William G. Parrett sold 11,500 shares of the stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the sale, the director owned 17,764 shares of the company’s stock, valued at approximately $5,435,784. The trade was a 39.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 112,092 shares of company stock valued at $32,960,165 in the last ninety days. Company insiders own 42.20% of the company’s stock.

Oracle 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.