Oracle (NYSE:ORCL – Free Report) had its price objective boosted by Stephens from $208.00 to $331.00 in a research note published on Friday morning, MarketBeat Ratings reports. They currently have an equal weight rating on the enterprise software provider’s stock.
A number of other equities research analysts have also recently weighed in on ORCL. Guggenheim boosted their price target on shares of Oracle from $375.00 to $400.00 and gave the company a “buy” rating in a research report on Friday. Barclays boosted their price target on shares of Oracle from $367.00 to $400.00 and gave the company an “overweight” rating in a research report on Friday. Redburn Partners set a $175.00 price target on shares of Oracle in a research report on Thursday, September 25th. Stifel Nicolaus boosted their price target on shares of Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a research 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. 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $323.40.
View Our Latest Report on ORCL
Oracle Price Performance
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 net margin of 21.08% and a return on equity of 72.93%. The company had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. During the same period last year, the firm earned $1.39 earnings per share. Oracle’s revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities analysts expect that Oracle will post 5 EPS for the current fiscal year.
Oracle Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders 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 dividend yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s payout ratio is 46.30%.
Insider Buying and Selling at Oracle
In other news, insider Clayton M. Magouyrk sold 21,241 shares of the business’s 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 transaction, the insider directly owned 78,000 shares in the company, valued at $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction dated 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 transaction, the insider owned 132,656 shares in the company, valued at approximately $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. Over the last quarter, insiders sold 120,769 shares of company stock valued at $36,428,967. Insiders own 40.90% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Darwin Wealth Management LLC increased its holdings in Oracle by 130.0% in the third quarter. Darwin Wealth Management LLC now owns 115 shares of the enterprise software provider’s stock valued at $32,000 after buying an additional 65 shares in the last quarter. Winnow Wealth LLC purchased a new position in Oracle in the second quarter valued at about $28,000. Kilter Group LLC purchased a new position in Oracle in the second quarter valued at about $30,000. LGT Financial Advisors LLC purchased a new position in Oracle in the second quarter valued at about $33,000. Finally, Legend Financial Advisors Inc. purchased a new position in Oracle in the second quarter valued at about $34,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.
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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