Wealth Watch Advisors INC Takes Position in Oracle Corporation $ORCL

Wealth Watch Advisors INC acquired a new position in shares of Oracle Corporation (NYSE:ORCL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,701 shares of the enterprise software provider’s stock, valued at approximately $372,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Reyes Financial Architecture Inc. raised its stake in Oracle by 7.2% during the 2nd quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock valued at $141,000 after purchasing an additional 43 shares during the last quarter. Creative Capital Management Investments LLC increased its holdings in shares of Oracle by 5.7% during the 2nd quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock worth $174,000 after purchasing an additional 43 shares during the period. MFA Wealth Services increased its holdings in shares of Oracle by 1.0% during the 2nd quarter. MFA Wealth Services now owns 4,563 shares of the enterprise software provider’s stock worth $998,000 after purchasing an additional 43 shares during the period. Bogart Wealth LLC raised its position in shares of Oracle by 0.4% during the second quarter. Bogart Wealth LLC now owns 11,465 shares of the enterprise software provider’s stock valued at $2,507,000 after buying an additional 43 shares during the last quarter. Finally, Washington Trust Advisors Inc. lifted its stake in shares of Oracle by 1.9% in the second quarter. Washington Trust Advisors Inc. now owns 2,385 shares of the enterprise software provider’s stock valued at $521,000 after buying an additional 44 shares during the period. Institutional investors own 42.44% of the company’s stock.

Insider Buying and Selling at Oracle

In other Oracle news, Director Naomi O. Seligman sold 2,222 shares of the business’s stock in a transaction on Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the transaction, the director owned 29,225 shares of the company’s stock, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Maria Smith sold 5,000 shares of the stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $280.62, for a total value of $1,403,100.00. Following the sale, the executive vice president owned 47,083 shares in the company, valued at $13,212,431.46. The trade was a 9.60% decrease in their position. The disclosure for this sale can be found here. Insiders sold 170,769 shares of company stock worth $50,297,667 over the last 90 days. Company insiders own 40.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on ORCL shares. William Blair reaffirmed an “outperform” rating on shares of Oracle in a report on Friday, October 17th. Bank of America upgraded Oracle from a “neutral” rating to a “buy” rating and upped their target price for the company from $295.00 to $368.00 in a research note on Wednesday, September 10th. Robert W. Baird initiated coverage on Oracle in a research report on Wednesday, October 8th. They issued an “outperform” rating and a $365.00 target price for the company. Wolfe Research boosted their price target on shares of Oracle from $300.00 to $400.00 and gave the company an “outperform” rating in a report on Wednesday, September 10th. Finally, Piper Sandler raised their price objective on shares of Oracle from $330.00 to $380.00 and gave the stock an “overweight” rating in a report on Friday, October 17th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $323.69.

Oracle Stock Up 1.2%

Shares of NYSE ORCL opened at $283.45 on Monday. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The business has a fifty day moving average of $274.59 and a two-hundred day moving average of $221.61. The stock has a market cap of $808.05 billion, a PE ratio of 65.61, a PEG ratio of 3.04 and a beta of 1.53.

Oracle (NYSE:ORCL) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). The firm had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

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.