Rockline Wealth Management LLC Purchases 2,687 Shares of Oracle Corporation $ORCL

Rockline Wealth Management LLC boosted its position in shares of Oracle Corporation (NYSE:ORCLFree Report) by 5.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 53,296 shares of the enterprise software provider’s stock after purchasing an additional 2,687 shares during the period. Oracle accounts for 2.8% of Rockline Wealth Management LLC’s investment portfolio, making the stock its 7th biggest holding. Rockline Wealth Management LLC’s holdings in Oracle were worth $11,652,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. LGT Financial Advisors LLC acquired a new position in Oracle during the 2nd quarter worth $33,000. Legend Financial Advisors Inc. bought a new position in Oracle during the second quarter worth $34,000. HighMark Wealth Management LLC acquired a new position in Oracle during the 2nd quarter valued at $38,000. Moser Wealth Advisors LLC increased its holdings in shares of Oracle by 1,770.0% during the 2nd quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider’s stock worth $41,000 after purchasing an additional 177 shares during the period. Finally, Orion Capital Management LLC raised its position in shares of Oracle by 32.2% during the second quarter. Orion Capital Management LLC now owns 193 shares of the enterprise software provider’s stock valued at $42,000 after buying an additional 47 shares during the last quarter. Institutional investors own 42.44% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on ORCL shares. The Goldman Sachs Group restated a “neutral” rating and issued a $320.00 target price on shares of Oracle in a research note on Monday, October 20th. Barclays boosted their price target on shares of Oracle from $367.00 to $400.00 and gave the company an “overweight” rating in a research report on Friday, October 17th. Morgan Stanley raised their price objective on shares of Oracle from $246.00 to $320.00 and gave the stock an “equal weight” rating in a report on Tuesday, September 23rd. Mizuho boosted their target price on Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Finally, Scotiabank raised their price target on Oracle from $350.00 to $360.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $323.69.

View Our Latest Stock Analysis on Oracle

Insiders Place Their Bets

In other Oracle news, CEO Clayton M. Magouyrk sold 40,000 shares of the business’s stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $276.64, for a total transaction of $11,065,600.00. Following the sale, the chief executive officer directly owned 154,030 shares of the company’s stock, valued at $42,610,859.20. The trade was a 20.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Maria Smith sold 5,000 shares of the company’s stock in a transaction dated Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total transaction of $1,403,100.00. Following the completion of the sale, the executive vice president directly owned 47,083 shares in the company, valued at approximately $13,212,431.46. The trade was a 9.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 204,254 shares of company stock valued at $60,227,807 over the last 90 days. 40.90% of the stock is currently owned by company insiders.

Oracle Trading Down 1.8%

ORCL opened at $257.85 on Tuesday. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The firm’s fifty day moving average is $278.42 and its two-hundred day moving average is $227.98. The firm has a market cap of $735.08 billion, a PE ratio of 59.69, a price-to-earnings-growth ratio of 2.96 and a beta of 1.53. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62.

Oracle (NYSE:ORCLGet Free Report) last announced its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates 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 period in the previous year, the firm posted $1.39 EPS. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were issued a $0.50 dividend. The ex-dividend date was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.8%. Oracle’s dividend payout ratio (DPR) is 46.30%.

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.

Further Reading

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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