Oracle Corporation $ORCL Shares Purchased by Adell Harriman & Carpenter Inc.

Adell Harriman & Carpenter Inc. raised its holdings in Oracle Corporation (NYSE:ORCL) by 0.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,648 shares of the enterprise software provider’s stock after buying an additional 446 shares during the period. Oracle comprises about 1.3% of Adell Harriman & Carpenter Inc.’s holdings, making the stock its 23rd largest position. Adell Harriman & Carpenter Inc.’s holdings in Oracle were worth $19,163,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. boosted its stake in Oracle by 71.6% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock valued at $35,984,000 after acquiring an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. raised its stake in shares of Oracle by 4.3% during the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock worth $7,179,000 after purchasing an additional 2,110 shares in the last quarter. Private Wealth Asset Management LLC boosted its position in Oracle by 9.2% during the second quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock worth $835,000 after purchasing an additional 321 shares during the period. Cascade Investment Group Inc. bought a new position in Oracle in the 2nd quarter worth approximately $239,000. Finally, Lockerman Financial Group Inc. acquired a new position in Oracle during the 2nd quarter valued at $328,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Royal Bank Of Canada restated a “sector perform” rating and issued a $310.00 target price on shares of Oracle in a research note on Friday, October 17th. JMP Securities reissued a “market outperform” rating and issued a $342.00 price target on shares of Oracle in a research note on Friday, October 17th. Berenberg Bank boosted their price target on shares of Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a report on Monday, September 15th. DA Davidson boosted their target price on Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a research note on Wednesday, September 10th. Finally, Guggenheim lifted their price objective on shares of Oracle from $375.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, October 17th. Three investment 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. Based on data from MarketBeat.com, Oracle has an average rating of “Moderate Buy” and a consensus target price of $323.69.

Oracle Stock Down 2.0%

Shares of NYSE:ORCL opened at $275.20 on Thursday. The firm has a fifty day moving average price of $276.97 and a two-hundred day moving average price of $224.63. The company has a market cap of $784.54 billion, a price-to-earnings ratio of 63.70, a PEG ratio of 3.02 and a beta of 1.53. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62.

Oracle (NYSE:ORCL) last announced its quarterly earnings data 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). 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 the consensus estimate of $15.04 billion. During the same quarter in the previous year, the firm posted $1.39 EPS. The business’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 anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently declared 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. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

Insiders Place Their Bets

In other Oracle news, Director Naomi O. Seligman sold 2,222 shares of the company’s stock in a transaction that occurred on Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the transaction, the director directly owned 29,225 shares in the company, valued at $8,443,394.75. This represents a 7.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the sale, the insider directly owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. This trade represents a 20.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 170,769 shares of company stock worth $50,297,667 in the last 90 days. 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.