MBL Wealth LLC Trims Holdings in Oracle Corporation $ORCL

MBL Wealth LLC decreased its holdings in Oracle Corporation (NYSE:ORCL) by 22.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,912 shares of the enterprise software provider’s stock after selling 2,327 shares during the quarter. MBL Wealth LLC’s holdings in Oracle were worth $1,730,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Sutton Place Investors LLC purchased a new position in Oracle during the 2nd quarter worth $272,000. Wealthcare Capital Partners LLC acquired a new position in shares of Oracle during the 2nd quarter worth $323,000. Wealthcare Advisory Partners LLC grew its stake in shares of Oracle by 5.3% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 40,375 shares of the enterprise software provider’s stock worth $8,827,000 after purchasing an additional 2,034 shares during the period. Tandem Investment Partners LLC grew its stake in Oracle by 8.4% in the 2nd quarter. Tandem Investment Partners LLC now owns 7,450 shares of the enterprise software provider’s stock valued at $1,629,000 after acquiring an additional 580 shares during the last quarter. Finally, Hill Island Financial LLC acquired a new stake in Oracle in the 2nd quarter valued at about $256,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Analysts Set New Price Targets

ORCL has been the topic of several analyst reports. Cantor Fitzgerald raised their price target on shares of Oracle from $271.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 10th. The Goldman Sachs Group increased their price objective on shares of Oracle from $195.00 to $310.00 and gave the stock a “neutral” rating in a report on Monday, September 15th. Barclays raised their price target on shares of Oracle from $221.00 to $281.00 and gave the company an “overweight” rating in a report on Monday, September 8th. Cowen restated a “buy” rating and issued a $375.00 price target on shares of Oracle in a report on Wednesday, September 10th. Finally, Redburn Partners set a $175.00 price objective on shares of Oracle in a research report on Thursday, September 25th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Oracle presently has a consensus rating of “Moderate Buy” and a consensus price target of $304.71.

Insider Transactions at Oracle

In other news, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction on 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 completion of the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Naomi O. Seligman sold 3,303 shares of the business’s stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total transaction of $770,655.96. Following the transaction, the director directly owned 31,447 shares of the company’s stock, valued at approximately $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 104,314 shares of company stock valued at $31,272,223 over the last quarter. Insiders own 42.20% of the company’s stock.

Oracle Stock Performance

Oracle stock opened at $286.23 on Friday. The company has a market cap of $815.99 billion, a PE ratio of 66.26, a P/E/G ratio of 3.08 and a beta of 1.53. The company has a fifty day moving average price of $262.53 and a two-hundred day moving average price of $205.48. 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 12 month low of $118.86 and a 12 month high of $345.72.

Oracle (NYSE:ORCL) last released its quarterly earnings data 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 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 business’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 firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

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%.

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.