MJT & Associates Financial Advisory Group Inc. Has $147,000 Stock Holdings in Oracle Corporation $ORCL

MJT & Associates Financial Advisory Group Inc. increased its position in shares of Oracle Corporation (NYSE:ORCLFree Report) by 10.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 675 shares of the enterprise software provider’s stock after buying an additional 66 shares during the quarter. MJT & Associates Financial Advisory Group Inc.’s holdings in Oracle were worth $147,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in ORCL. Redmont Wealth Advisors LLC acquired a new stake in Oracle during the first quarter worth about $27,000. Inlight Wealth Management LLC acquired a new stake in Oracle during the first quarter worth about $28,000. Iron Horse Wealth Management LLC grew its position in Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after buying an additional 151 shares in the last quarter. Legend Financial Advisors Inc. acquired a new stake in Oracle during the second quarter worth about $34,000. Finally, Graybill Wealth Management LTD. acquired a new stake in Oracle during the first quarter worth about $39,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ORCL. Cantor Fitzgerald lifted their price objective on Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. Jefferies Financial Group lifted their price objective on Oracle from $270.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Loop Capital set a $135.00 price objective on Oracle in a report on Tuesday, June 10th. DA Davidson lifted their price objective on Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a report on Wednesday, September 10th. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of Oracle in a report on Wednesday, June 18th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Oracle presently has an average rating of “Moderate Buy” and a consensus price target of $304.71.

Get Our Latest Report on ORCL

Insider Transactions at Oracle

In related news, EVP Maria Smith sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $232.99, for a total value of $2,329,900.00. Following the completion of the transaction, the executive vice president owned 40,807 shares in the company, valued at $9,507,622.93. The trade was a 19.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Naomi O. Seligman sold 3,303 shares of the business’s stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total transaction of $770,655.96. Following the completion of the transaction, the director owned 31,447 shares of the company’s stock, valued at $7,337,214.04. This trade represents a 9.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 114,314 shares of company stock worth $33,602,123 over the last ninety days. 42.20% of the stock is currently owned by insiders.

Oracle Stock Down 0.6%

Shares of ORCL opened at $281.01 on Wednesday. The company has a market capitalization of $801.10 billion, a P/E ratio of 65.05, a PEG ratio of 3.04 and a beta of 1.46. 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 one year low of $118.86 and a one year high of $345.72. The business’s 50 day simple moving average is $259.82 and its 200-day simple moving average is $202.64.

Oracle (NYSE:ORCLGet Free Report) last announced its earnings results 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). The business had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’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 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, sell-side analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s payout ratio is 46.30%.

Oracle Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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