Marks Group Wealth Management Inc Has $2.50 Million Stock Holdings in Oracle Corporation $ORCL

Marks Group Wealth Management Inc lessened its stake in shares of Oracle Corporation (NYSE:ORCL) by 12.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 11,432 shares of the enterprise software provider’s stock after selling 1,607 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Oracle were worth $2,499,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of ORCL. Brighton Jones LLC lifted its stake in shares of Oracle by 189.3% during the 4th 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 during the last quarter. Revolve Wealth Partners LLC raised its stake in Oracle by 8.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock worth $903,000 after purchasing an additional 404 shares in the last quarter. Sivia Capital Partners LLC raised its stake in Oracle by 5.0% in the 1st quarter. Sivia Capital Partners LLC now owns 3,580 shares of the enterprise software provider’s stock worth $501,000 after purchasing an additional 171 shares in the last quarter. UMB Bank n.a. raised its stake in Oracle by 1.0% in the 1st quarter. UMB Bank n.a. now owns 215,074 shares of the enterprise software provider’s stock worth $30,069,000 after purchasing an additional 2,217 shares in the last quarter. Finally, Whitaker Myers Wealth Managers LTD. acquired a new stake in Oracle in the 1st quarter worth about $515,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Activity at Oracle

In related news, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction that occurred on 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. The trade was a 20.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the sale, the insider directly owned 78,000 shares in the company, valued at $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 104,314 shares of company stock valued at $31,272,223. Company insiders own 40.90% of the company’s stock.

Oracle Price Performance

Shares of NYSE:ORCL opened at $286.23 on Monday. The stock has a market capitalization of $815.99 billion, a PE ratio of 66.26, a PEG ratio of 3.08 and a beta of 1.53. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The firm has a 50 day moving average of $262.53 and a 200-day moving average of $205.85. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72.

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

Oracle Announces Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have weighed in on ORCL. Sanford C. Bernstein lifted their price objective on shares of Oracle from $363.00 to $364.00 and gave the stock an “outperform” rating in a research note on Friday, September 26th. Wolfe Research lifted their price objective on shares of Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 10th. Mizuho lifted their price objective on shares of Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 10th. JMP Securities reiterated a “market outperform” rating and issued a $342.00 price objective on shares of Oracle in a research note on Wednesday, September 24th. Finally, Bank of America upgraded shares of Oracle from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $295.00 to $368.00 in a research note on Wednesday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Oracle presently has an average rating of “Moderate Buy” and an average price target of $304.71.

Oracle 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.