Signet Investment Advisory Group Inc. Sells 175 Shares of Oracle Corporation $ORCL

Signet Investment Advisory Group Inc. trimmed its stake in Oracle Corporation (NYSE:ORCL) by 0.8% during the second quarter, Holdings Channel reports. The fund owned 20,758 shares of the enterprise software provider’s stock after selling 175 shares during the quarter. Oracle accounts for 2.3% of Signet Investment Advisory Group Inc.’s holdings, making the stock its 16th largest position. Signet Investment Advisory Group Inc.’s holdings in Oracle were worth $4,538,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Reyes Financial Architecture Inc. raised its stake in shares of Oracle by 7.2% in the 2nd quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock valued at $141,000 after acquiring an additional 43 shares in the last quarter. Creative Capital Management Investments LLC raised its stake in shares of Oracle by 5.7% in the 2nd quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock valued at $174,000 after acquiring an additional 43 shares in the last quarter. MFA Wealth Services raised its stake in shares of Oracle by 1.0% in the 2nd quarter. MFA Wealth Services now owns 4,563 shares of the enterprise software provider’s stock valued at $998,000 after acquiring an additional 43 shares in the last quarter. Bogart Wealth LLC raised its stake in shares of Oracle by 0.4% in the 2nd quarter. Bogart Wealth LLC now owns 11,465 shares of the enterprise software provider’s stock valued at $2,507,000 after acquiring an additional 43 shares in the last quarter. Finally, Washington Trust Advisors Inc. raised its stake in shares of Oracle by 1.9% in the 2nd quarter. Washington Trust Advisors Inc. now owns 2,385 shares of the enterprise software provider’s stock valued at $521,000 after acquiring an additional 44 shares in the last quarter. 42.44% of the stock is owned by institutional investors.

Oracle Stock Performance

ORCL opened at $281.25 on Tuesday. The stock has a market cap of $801.78 billion, a PE ratio of 65.10, a P/E/G ratio of 3.04 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. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The stock’s 50 day simple moving average is $275.24 and its 200-day simple moving average is $222.60.

Oracle (NYSE:ORCL) last announced its quarterly 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 company had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were paid a $0.50 dividend. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.7%. Oracle’s payout ratio is currently 46.30%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Scotiabank raised their price objective on Oracle from $350.00 to $360.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. Berenberg Bank upped their price target on Oracle from $202.00 to $306.00 and gave the stock a “hold” rating in a report on Monday, September 15th. William Blair reiterated an “outperform” rating on shares of Oracle in a report on Friday, October 17th. TD Cowen upped their price target on Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Finally, Piper Sandler upped their price target on Oracle from $330.00 to $380.00 and gave the stock an “overweight” rating in a report on Friday, October 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $323.69.

Insiders Place Their Bets

In related news, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider owned 132,656 shares of the company’s stock, valued at $42,603,800.96. The trade was a 20.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Stuart Levey sold 19,758 shares of the business’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $300.00, for a total value of $5,927,400.00. Following the completion of the sale, the executive vice president directly owned 18,429 shares in the company, valued at approximately $5,528,700. This represents a 51.74% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 170,769 shares of company stock worth $50,297,667 over the last quarter. Corporate insiders own 40.90% of the company’s stock.

Oracle 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.