Madison Wealth Partners Inc Increases Stock Holdings in Oracle Corporation $ORCL

Madison Wealth Partners Inc grew its stake in Oracle Corporation (NYSE:ORCLFree Report) by 1.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,702 shares of the enterprise software provider’s stock after acquiring an additional 52 shares during the quarter. Madison Wealth Partners Inc’s holdings in Oracle were worth $809,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of ORCL. Legend Financial Advisors Inc. purchased a new position in Oracle during the 2nd quarter valued at about $34,000. HighMark Wealth Management LLC acquired a new position in shares of Oracle in the second quarter valued at approximately $38,000. Redmont Wealth Advisors LLC acquired a new position in shares of Oracle in the first quarter valued at approximately $27,000. Inlight Wealth Management LLC purchased a new stake in shares of Oracle in the first quarter valued at approximately $28,000. Finally, Iron Horse Wealth Management LLC boosted its stake in shares of 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 buying an additional 151 shares in the last quarter. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Oracle Stock Down 6.7%

ORCL stock opened at $291.95 on Monday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The business’s 50-day simple moving average is $271.71 and its 200 day simple moving average is $216.40. The company has a market cap of $832.28 billion, a PE ratio of 67.58, a price-to-earnings-growth ratio of 3.14 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:ORCLGet Free Report) last announced its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The business 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 firm’s revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued a dividend of $0.50 per share. 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 dividend payout ratio is 46.30%.

Insider Buying and Selling

In other news, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the sale, the insider directly owned 78,000 shares in the company, valued at approximately $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Stuart Levey sold 19,758 shares of Oracle stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the completion of the transaction, the executive vice president directly owned 18,429 shares in the company, valued at $5,528,700. This trade represents a 51.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 120,769 shares of company stock worth $36,428,967 over the last three months. Company insiders own 40.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. DA Davidson lifted their price objective on Oracle from $220.00 to $300.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 10th. Guggenheim increased their price target on Oracle from $375.00 to $400.00 and gave the company a “buy” rating in a report on Friday. JPMorgan Chase & Co. increased their target price on Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a report on Monday, September 8th. Melius Research raised their target price on Oracle from $270.00 to $370.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Finally, Robert W. Baird initiated coverage on Oracle in a research report on Wednesday, October 8th. They set an “outperform” rating and a $365.00 price target on the stock. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $323.40.

View Our Latest Stock Report on Oracle

About Oracle

(Free Report)

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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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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