Naples Global Advisors LLC Cuts Stock Position in Oracle Corporation $ORCL

Naples Global Advisors LLC decreased its holdings in shares of Oracle Corporation (NYSE:ORCL) by 1.1% in the second quarter, Holdings Channel.com reports. The institutional investor owned 53,998 shares of the enterprise software provider’s stock after selling 620 shares during the quarter. Oracle comprises about 1.0% of Naples Global Advisors LLC’s holdings, making the stock its 13th biggest position. Naples Global Advisors LLC’s holdings in Oracle were worth $11,805,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of ORCL. Brighton Jones LLC grew its holdings in shares of Oracle by 189.3% during the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock worth $25,593,000 after buying an additional 100,494 shares in the last quarter. Revolve Wealth Partners LLC boosted its position 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 acquiring an additional 404 shares during the last quarter. Merit Financial Group LLC boosted its position in shares of Oracle by 16.1% during the 1st quarter. Merit Financial Group LLC now owns 54,734 shares of the enterprise software provider’s stock valued at $7,652,000 after acquiring an additional 7,574 shares during the last quarter. Capital Asset Advisory Services LLC boosted its position in shares of Oracle by 2.6% during the 1st quarter. Capital Asset Advisory Services LLC now owns 7,277 shares of the enterprise software provider’s stock valued at $1,061,000 after acquiring an additional 181 shares during the last quarter. Finally, RFG Advisory LLC boosted its position in shares of Oracle by 22.5% during the 1st quarter. RFG Advisory LLC now owns 24,483 shares of the enterprise software provider’s stock valued at $3,423,000 after acquiring an additional 4,501 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Oracle Stock Up 3.0%

Shares of NYSE:ORCL opened at $289.68 on Thursday. 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 $825.83 billion, a PE ratio of 67.06, a price-to-earnings-growth ratio of 3.03 and a beta of 1.53. The firm’s 50-day moving average is $260.78 and its two-hundred day moving average is $203.24. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72.

Oracle (NYSE:ORCL) last issued its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The business had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter last year, the company earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts predict that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be paid a dividend of $0.50 per share. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. Oracle’s dividend payout ratio is 46.30%.

Insider Activity at Oracle

In other Oracle news, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the sale, the director directly owned 17,764 shares in the company, valued at $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the sale, the insider owned 132,656 shares in the company, valued at $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 104,314 shares of company stock valued at $31,272,223. 42.20% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Melius Research boosted their price target on shares of Oracle from $270.00 to $370.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Westpark Capital boosted their price target on shares of Oracle from $195.00 to $246.00 and gave the company a “buy” rating in a research report on Thursday, June 12th. JPMorgan Chase & Co. upped their target price on shares of Oracle from $185.00 to $210.00 and gave the company a “neutral” rating in a research report on Monday, September 8th. TD Cowen upped their target price on shares of Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Finally, UBS Group set a $364.00 target price on shares of Oracle in a research report on Friday, September 26th. Two 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 assigned a Sell rating to the company’s stock. According to MarketBeat, Oracle currently has an average rating of “Moderate Buy” and an average price target of $304.71.

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.