Oracle Corporation $ORCL Shares Purchased by Vest Financial LLC

Vest Financial LLC boosted its position in Oracle Corporation (NYSE:ORCL) by 31.6% during the second quarter, Holdings Channel.com reports. The fund owned 62,610 shares of the enterprise software provider’s stock after purchasing an additional 15,043 shares during the quarter. Vest Financial LLC’s holdings in Oracle were worth $13,688,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of ORCL. Redmont Wealth Advisors LLC purchased a new stake in shares of Oracle during the first quarter worth about $27,000. Inlight Wealth Management LLC bought a new stake in Oracle in the first quarter valued at about $28,000. Iron Horse Wealth Management LLC boosted its stake in Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after acquiring an additional 151 shares during the period. Legend Financial Advisors Inc. acquired a new position in Oracle in the second quarter valued at approximately $34,000. Finally, HighMark Wealth Management LLC acquired a new position in Oracle in the second quarter valued at approximately $38,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Raymond James Financial reiterated a “strong-buy” rating on shares of Oracle in a research report on Wednesday, June 18th. Weiss Ratings upgraded Oracle from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 8th. Baird R W upgraded Oracle to a “strong-buy” rating in a research report on Wednesday, October 8th. Redburn Partners set a $175.00 price objective on Oracle in a research report on Thursday, September 25th. Finally, Jefferies Financial Group boosted their price objective on Oracle from $270.00 to $360.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $307.00.

Insider Buying and Selling

In other Oracle news, Director William G. Parrett sold 11,500 shares of the company’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the transaction, the director owned 17,764 shares of the company’s stock, valued at approximately $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction on 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 directly owned 132,656 shares in the company, valued at $42,603,800.96. This represents a 20.33% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 104,314 shares of company stock worth $31,272,223 over the last three months. Corporate insiders own 40.90% of the company’s stock.

Oracle Stock Performance

ORCL opened at $308.14 on Tuesday. The company has a market capitalization of $878.43 billion, a price-to-earnings ratio of 71.33, a price-to-earnings-growth ratio of 3.15 and a beta of 1.53. 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. The business has a 50 day moving average price of $267.80 and a two-hundred day moving average price of $211.91.

Oracle (NYSE:ORCL) last released its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The firm 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% 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. 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. Shareholders of record on Thursday, October 9th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.6%. Oracle’s dividend payout ratio is currently 46.30%.

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.