Magnolia Private Wealth LLC Purchases New Position in Oracle Corporation $ORCL

Magnolia Private Wealth LLC acquired a new stake in shares of Oracle Corporation (NYSE:ORCL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 915 shares of the enterprise software provider’s stock, valued at approximately $200,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Oracle by 71.6% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock worth $35,984,000 after purchasing an additional 107,404 shares in the last quarter. Lockheed Martin Investment Management Co. lifted its position in shares of Oracle by 4.3% in the first quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock worth $7,179,000 after buying an additional 2,110 shares during the last quarter. Lockerman Financial Group Inc. bought a new stake in shares of Oracle during the 2nd quarter worth about $328,000. Elser Financial Planning Inc acquired a new position in shares of Oracle during the 2nd quarter valued at about $1,066,000. Finally, Canoe Financial LP raised its stake in shares of Oracle by 314.8% in the 2nd quarter. Canoe Financial LP now owns 484,098 shares of the enterprise software provider’s stock valued at $105,838,000 after acquiring an additional 367,400 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ORCL. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Oracle in a research report on Wednesday, June 18th. BMO Capital Markets set a $345.00 price objective on shares of Oracle in a research note on Wednesday, September 10th. The Goldman Sachs Group raised their target price on shares of Oracle from $195.00 to $310.00 and gave the company a “neutral” rating in a research note on Monday, September 15th. CIBC reissued a “buy” rating on shares of Oracle in a research report on Monday, June 9th. Finally, Rothschild Redb raised Oracle to a “strong sell” rating in a research report on Thursday, September 25th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Oracle currently has a consensus rating of “Moderate Buy” and an average price target of $304.71.

Oracle Stock Performance

NYSE ORCL opened at $281.01 on Wednesday. The company’s fifty day moving average is $259.82 and its two-hundred day moving average is $202.64. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The firm has a market capitalization of $801.10 billion, a price-to-earnings ratio of 65.05, a P/E/G ratio of 3.04 and a beta of 1.46.

Oracle (NYSE:ORCL) last released its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the previous year, the business posted $1.39 EPS. 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. Equities research analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be issued a dividend of $0.50 per share. 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 presently 46.30%.

Insider Buying and Selling at Oracle

In other news, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the completion of the transaction, the insider owned 132,656 shares in the company, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Rona Alison Fairhead bought 480 shares of the firm’s stock in a transaction dated Monday, July 7th. The shares were acquired at an average price of $233.87 per share, for a total transaction of $112,257.60. Following the completion of the transaction, the director owned 22,110 shares in the company, valued at $5,170,865.70. This represents a 2.22% increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 114,314 shares of company stock valued at $33,602,123 in the last quarter. 42.20% of the stock is currently owned by corporate insiders.

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.