Wilmington Savings Fund Society FSB lowered its holdings in Oracle Corporation (NYSE:ORCL – Free Report) by 7.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 128,471 shares of the enterprise software provider’s stock after selling 10,679 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Oracle were worth $28,088,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in the business. Reyes Financial Architecture Inc. grew its stake in Oracle by 7.2% during the 2nd quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock worth $141,000 after buying an additional 43 shares during the last quarter. Creative Capital Management Investments LLC lifted its holdings in shares of Oracle by 5.7% in the 2nd quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock valued at $174,000 after buying an additional 43 shares during the period. MFA Wealth Services lifted its holdings in shares of Oracle by 1.0% in the 2nd quarter. MFA Wealth Services now owns 4,563 shares of the enterprise software provider’s stock valued at $998,000 after buying an additional 43 shares during the period. Davis Investment Partners LLC lifted its holdings in shares of Oracle by 0.7% in the 2nd quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider’s stock valued at $1,517,000 after buying an additional 46 shares during the period. Finally, Acropolis Investment Management LLC raised its holdings in Oracle by 2.6% during the second quarter. Acropolis Investment Management LLC now owns 1,850 shares of the enterprise software provider’s stock worth $404,000 after purchasing an additional 47 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on the company. BMO Capital Markets set a $355.00 price objective on Oracle and gave the stock an “outperform” rating in a report on Monday. JPMorgan Chase & Co. lifted their price objective on Oracle from $185.00 to $210.00 and gave the company a “neutral” rating in a research report on Monday, September 8th. Raymond James Financial reissued a “strong-buy” rating on shares of Oracle in a research report on Wednesday, June 18th. Baird R W raised Oracle to a “strong-buy” rating in a research report on Wednesday, October 8th. Finally, Stifel Nicolaus boosted their price objective on Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Oracle has a consensus rating of “Moderate Buy” and an average price target of $307.00.
Oracle Stock Up 5.2%
Shares of Oracle stock opened at $308.14 on Tuesday. 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 business’s 50 day simple moving average is $267.80 and its 200-day simple moving average is $211.91. The stock has a market capitalization of $878.43 billion, a price-to-earnings ratio of 71.33, a PEG ratio of 3.15 and a beta of 1.53. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72.
Oracle (NYSE:ORCL – Get Free Report) last announced its quarterly 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same quarter in the previous year, the company posted $1.39 earnings per share. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.
Oracle Dividend Announcement
The company 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. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is presently 46.30%.
Insider Transactions at Oracle
In other news, insider Clayton M. Magouyrk sold 21,241 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of the sale, the insider directly owned 78,000 shares of the company’s stock, valued at $23,174,580. This trade represents a 21.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director William G. Parrett sold 11,500 shares of the firm’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 sale, the director directly 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 disclosure for this sale can be found here. In 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 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.
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