Jackson Thornton Wealth Management LLC Takes $281,000 Position in Oracle Corporation $ORCL

Jackson Thornton Wealth Management LLC purchased a new stake in shares of Oracle Corporation (NYSE:ORCLFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,198 shares of the enterprise software provider’s stock, valued at approximately $281,000.

Several other institutional investors and hedge funds have also recently modified their holdings of ORCL. Brighton Jones LLC raised its stake in Oracle by 189.3% in the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock worth $25,593,000 after buying an additional 100,494 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in Oracle by 8.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock worth $903,000 after buying an additional 404 shares in the last quarter. GAMMA Investing LLC raised its stake in Oracle by 8.1% in the first quarter. GAMMA Investing LLC now owns 34,011 shares of the enterprise software provider’s stock worth $4,755,000 after buying an additional 2,546 shares in the last quarter. Advisor Resource Council bought a new position in Oracle in the first quarter worth approximately $328,000. Finally, Inlight Wealth Management LLC bought a new position in Oracle in the first quarter worth approximately $28,000. Institutional investors own 42.44% of the company’s stock.

Analyst Upgrades and Downgrades

ORCL has been the subject of a number of recent research reports. Cantor Fitzgerald boosted their price objective on shares of Oracle from $271.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 10th. UBS Group boosted their price objective on shares of Oracle from $360.00 to $380.00 and gave the stock a “buy” rating in a research note on Friday. Redburn Partners set a $175.00 price objective on shares of Oracle in a research note on Thursday, September 25th. Stephens boosted their price objective on shares of Oracle from $208.00 to $331.00 and gave the stock an “equal weight” rating in a research note on Friday. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $310.00 price objective on shares of Oracle in a research note on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Oracle currently has a consensus rating of “Moderate Buy” and an average target price of $323.69.

Check Out Our Latest Report on Oracle

Oracle Price Performance

NYSE ORCL opened at $276.93 on Tuesday. The firm’s fifty day simple moving average is $272.19 and its two-hundred day simple moving average is $217.44. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The firm has a market capitalization of $789.47 billion, a P/E ratio of 64.10, a P/E/G ratio of 3.14 and a beta of 1.53.

Oracle (NYSE:ORCLGet Free Report) last released its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. During the same period in the prior year, the firm posted $1.39 earnings per share. Oracle’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. Analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. Oracle’s payout ratio is 46.30%.

Insider Activity

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 sale, the director directly owned 29,225 shares of the company’s stock, valued at $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the sale, the insider directly owned 78,000 shares in the company, valued at $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 120,769 shares of company stock valued at $36,428,967. 40.90% of the stock is owned by corporate insiders.

Oracle Company Profile

(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.

See Also

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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