Generali Asset Management SPA SGR Trims Position in Oracle Corporation $ORCL

Generali Asset Management SPA SGR cut its holdings in shares of Oracle Corporation (NYSE:ORCL) by 7.3% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 48,260 shares of the enterprise software provider’s stock after selling 3,794 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Oracle were worth $10,551,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ORCL. Ritholtz Wealth Management boosted its holdings in Oracle by 3.9% in the second quarter. Ritholtz Wealth Management now owns 74,675 shares of the enterprise software provider’s stock valued at $16,326,000 after acquiring an additional 2,794 shares in the last quarter. SFG Wealth Management LLC. purchased a new stake in shares of Oracle in the 2nd quarter worth about $225,000. Triton Wealth Management PLLC purchased a new position in shares of Oracle during the second quarter valued at about $1,379,000. Sterling Financial Planning Inc. bought a new position in Oracle in the second quarter worth about $303,000. Finally, Private Wealth Asset Management LLC lifted its holdings in Oracle by 9.2% in the second quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock worth $835,000 after buying an additional 321 shares during the period. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Oracle Price Performance

ORCL opened at $299.33 on Wednesday. The firm has a market cap of $853.32 billion, a PE ratio of 69.29, a P/E/G ratio of 3.31 and a beta of 1.53. The stock has a 50-day moving average price of $268.67 and a 200-day moving average price of $212.52. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. 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 (NYSE:ORCL) last released its quarterly earnings data 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 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 firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Investors 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 is Thursday, October 9th. Oracle’s payout ratio is presently 46.30%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on ORCL shares. Baird R W upgraded Oracle to a “strong-buy” rating in a report on Wednesday, October 8th. Raymond James Financial restated a “strong-buy” rating on shares of Oracle in a research report on Wednesday, June 18th. Rothschild & Co Redburn assumed coverage on Oracle in a report on Thursday, September 25th. They issued a “sell” rating and a $175.00 price objective for the company. DA Davidson raised their price objective on Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a research report on Wednesday, September 10th. Finally, Bank of America raised shares of Oracle from a “neutral” rating to a “buy” rating and upped their target price for the stock from $295.00 to $368.00 in a research report on Wednesday, September 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $307.00.

Insiders Place Their Bets

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction on Tuesday, September 23rd. The stock was 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 in the company, valued at approximately $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 accessible through this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of the business’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $297.11, for a total value 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 sold a total of 120,769 shares of company stock worth $36,428,967 in the last three months. 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.