WealthPlan Investment Management LLC Acquires 2,634 Shares of Oracle Corporation $ORCL

WealthPlan Investment Management LLC boosted its holdings in Oracle Corporation (NYSE:ORCL) by 24.6% during the 2nd quarter, Holdings Channel.com reports. The fund owned 13,340 shares of the enterprise software provider’s stock after purchasing an additional 2,634 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Oracle were worth $2,917,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in ORCL. Redmont Wealth Advisors LLC bought a new position in shares of Oracle during the 1st quarter worth approximately $27,000. Inlight Wealth Management LLC bought a new position in shares of Oracle during the 1st quarter worth approximately $28,000. Iron Horse Wealth Management LLC lifted its position in shares of Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after buying an additional 151 shares in the last quarter. Legend Financial Advisors Inc. bought a new position in shares of Oracle during the 2nd quarter worth approximately $34,000. Finally, HighMark Wealth Management LLC bought a new position in shares of Oracle during the 2nd quarter worth approximately $38,000. Institutional investors own 42.44% of the company’s stock.

Analysts Set New Price Targets

ORCL has been the topic of several recent analyst reports. Roth Capital reissued a “hold” rating on shares of Oracle in a research report on Wednesday, June 18th. Scotiabank reissued an “outperform” rating on shares of Oracle in a research report on Wednesday, September 10th. William Blair reaffirmed an “outperform” rating on shares of Oracle in a report on Monday, September 22nd. BNP Paribas set a $377.00 price target on shares of Oracle in a report on Wednesday, September 10th. Finally, Evercore ISI lifted their price target on shares of Oracle from $340.00 to $350.00 and gave the stock an “outperform” rating in a report on Friday, October 10th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $307.00.

Oracle Stock Up 1.4%

Oracle stock opened at $303.30 on Thursday. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The firm has a market capitalization of $864.64 billion, a price-to-earnings ratio of 70.21, a P/E/G ratio of 3.22 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 simple moving average of $269.61 and a 200 day simple moving average of $213.14.

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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. During the same quarter in the prior year, the firm posted $1.39 earnings per share. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be paid 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 currently 46.30%.

Insiders Place Their Bets

In other news, Director Naomi O. Seligman sold 2,222 shares of the business’s stock in a transaction on Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the transaction, the director directly owned 29,225 shares in the company, valued at $8,443,394.75. The trade was a 7.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction 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 transaction, the insider owned 132,656 shares of the company’s stock, valued at $42,603,800.96. This trade represents a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,769 shares of company stock worth $36,428,967 in the last three months. 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.