1,355 Shares in Oracle Corporation $ORCL Acquired by WESPAC Advisors LLC

WESPAC Advisors LLC bought a new position in shares of Oracle Corporation (NYSE:ORCL) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 1,355 shares of the enterprise software provider’s stock, valued at approximately $296,000.

Other large investors have also recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. increased its position in shares of Oracle by 71.6% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock valued at $35,984,000 after purchasing an additional 107,404 shares during the last quarter. Lockheed Martin Investment Management Co. increased its position in shares of Oracle by 4.3% in the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock valued at $7,179,000 after purchasing an additional 2,110 shares during the last quarter. Lockerman Financial Group Inc. purchased a new stake in shares of Oracle in the 2nd quarter valued at approximately $328,000. Elser Financial Planning Inc purchased a new stake in shares of Oracle in the 2nd quarter valued at approximately $1,066,000. Finally, Canoe Financial LP increased its position in shares of Oracle by 314.8% in the 2nd quarter. Canoe Financial LP now owns 484,098 shares of the enterprise software provider’s stock valued at $105,838,000 after purchasing an additional 367,400 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Stock Down 2.4%

Shares of NYSE:ORCL opened at $284.46 on Wednesday. The stock has a market cap of $810.94 billion, a P/E ratio of 65.85, a P/E/G ratio of 3.14 and a beta of 1.53. The firm has a fifty day moving average price of $264.10 and a 200 day moving average price of $207.36. 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 1-year low of $118.86 and a 1-year high of $345.72.

Oracle (NYSE:ORCL) last announced 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 firm 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 quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts predict that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be given 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 presently 46.30%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on ORCL shares. Rothschild & Co Redburn started coverage on shares of Oracle in a research report on Thursday, September 25th. They issued a “sell” rating and a $175.00 price objective on the stock. TD Cowen increased their price objective 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. Guggenheim increased their price objective on shares of Oracle from $250.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. BNP Paribas set a $377.00 target price on shares of Oracle in a report on Wednesday, September 10th. Finally, Sanford C. Bernstein upped their target price on shares of Oracle from $363.00 to $364.00 and gave the company an “outperform” rating in a report on Friday, September 26th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Oracle has a consensus rating of “Moderate Buy” and an average target price of $304.71.

Insider Activity

In other news, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the completion of the transaction, the insider owned 132,656 shares in the company, valued at $42,603,800.96. This trade represents 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 the stock in a transaction dated 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 completion of the transaction, the insider owned 78,000 shares of the company’s stock, valued at $23,174,580. This represents a 21.40% 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 worth $31,272,223 in the last 90 days. Corporate insiders own 40.90% of the company’s stock.

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.