First Eagle Investment Management LLC Sells 1,134,615 Shares of Oracle Corporation $ORCL

First Eagle Investment Management LLC lessened its holdings in Oracle Corporation (NYSE:ORCL) by 9.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,148,566 shares of the enterprise software provider’s stock after selling 1,134,615 shares during the quarter. Oracle accounts for approximately 4.8% of First Eagle Investment Management LLC’s investment portfolio, making the stock its 2nd biggest holding. First Eagle Investment Management LLC owned 0.40% of Oracle worth $2,437,411,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC lifted 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 valued at $25,593,000 after acquiring an additional 100,494 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Oracle by 8.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock valued at $903,000 after buying an additional 404 shares during the last quarter. Cornerstone Planning Group LLC lifted its position in shares of Oracle by 75.2% in the first quarter. Cornerstone Planning Group LLC now owns 729 shares of the enterprise software provider’s stock valued at $96,000 after buying an additional 313 shares during the last quarter. Banque Pictet & Cie SA boosted its stake in shares of Oracle by 66.1% during the 1st quarter. Banque Pictet & Cie SA now owns 13,460 shares of the enterprise software provider’s stock worth $1,882,000 after acquiring an additional 5,358 shares during the period. Finally, Leavell Investment Management Inc. increased its holdings in shares of Oracle by 6.2% during the 1st quarter. Leavell Investment Management Inc. now owns 35,971 shares of the enterprise software provider’s stock worth $5,029,000 after acquiring an additional 2,114 shares during the last quarter. Institutional investors own 42.44% of the company’s stock.

Insider Buying and Selling at Oracle

In other Oracle news, EVP Stuart Levey sold 19,758 shares of the firm’s stock in a transaction on Friday, October 10th. The stock was sold at an average price of $300.00, for a total value of $5,927,400.00. Following the sale, the executive vice president owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Maria Smith sold 5,000 shares of the business’s 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 transaction, the executive vice president directly owned 47,083 shares of the company’s stock, valued at $13,212,431.46. This trade represents a 9.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 204,254 shares of company stock worth $60,227,807 in the last three months. Company insiders own 40.90% of the company’s stock.

Oracle Price Performance

Shares of NYSE ORCL opened at $244.02 on Friday. The business has a fifty day moving average price of $279.05 and a two-hundred day moving average price of $229.07. The stock has a market capitalization of $695.65 billion, a PE ratio of 56.49, a P/E/G ratio of 2.96 and a beta of 1.51. 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 Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72.

Oracle (NYSE:ORCL) last released its 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). The company had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period last year, the company posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company 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 0.8%. The ex-dividend date of this dividend was Thursday, October 9th. Oracle’s dividend payout ratio is 46.30%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on ORCL. Barclays raised their price target on Oracle from $367.00 to $400.00 and gave the company an “overweight” rating in a report on Friday, October 17th. Redburn Partners set a $175.00 target price on shares of Oracle in a report on Thursday, September 25th. DA Davidson increased their price target on shares of Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a report on Wednesday, September 10th. UBS Group boosted their price objective on Oracle from $360.00 to $380.00 and gave the stock a “buy” rating in a report on Friday, October 17th. Finally, TD Cowen upped their target price on Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. 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. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $323.69.

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.