Midwest Financial Group LLC increased its stake in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 5.2% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 2,807 shares of the enterprise software provider’s stock after acquiring an additional 140 shares during the period. Midwest Financial Group LLC’s holdings in Oracle were worth $614,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of ORCL. Victrix Investment Advisors acquired a new stake in Oracle in the second quarter valued at approximately $252,000. O ROURKE & COMPANY Inc acquired a new position in shares of Oracle during the second quarter worth $212,000. Wetzel Investment Advisors Inc. acquired a new position in shares of Oracle during the second quarter worth $202,000. Lockerman Financial Group Inc. purchased a new position in shares of Oracle in the second quarter valued at $328,000. Finally, BCU Wealth Advisors LLC acquired a new stake in Oracle during the 2nd quarter valued at $270,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have commented on ORCL. Loop Capital set a $135.00 price objective on shares of Oracle in a report on Tuesday, June 10th. Rothschild Redb upgraded Oracle to a “strong sell” rating in a research note on Thursday, September 25th. UBS Group set a $364.00 price target on Oracle in a research note on Friday. William Blair reissued an “outperform” rating on shares of Oracle in a report on Monday, September 22nd. Finally, Raymond James Financial restated a “strong-buy” rating on shares of Oracle in a research note on Wednesday, June 18th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $304.71.
Insider Activity
In other news, Director Naomi O. Seligman sold 2,222 shares of Oracle stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the transaction, the director directly owned 29,225 shares of the company’s stock, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the sale, the insider directly owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 114,314 shares of company stock valued at $33,602,123 over the last quarter. 42.20% of the stock is owned by company insiders.
Oracle Stock Down 0.6%
Shares of Oracle stock opened at $281.01 on Wednesday. The business has a 50-day moving average price of $259.82 and a 200 day moving average price of $202.64. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The firm has a market cap of $801.10 billion, a P/E ratio of 65.05, a P/E/G ratio of 3.04 and a beta of 1.46. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33.
Oracle (NYSE:ORCL – Get Free Report) last released its 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 for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company’s quarterly revenue was up 12.2% on a year-over-year basis. 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. On average, sell-side analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.
Oracle Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued 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 payout ratio is currently 46.30%.
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.
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