Horizon Investment Services LLC Takes $240,000 Position in Oracle Corporation $ORCL

Horizon Investment Services LLC bought a new position in shares of Oracle Corporation (NYSE:ORCL) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 1,099 shares of the enterprise software provider’s stock, valued at approximately $240,000.

Several other hedge funds have also recently bought and sold shares of ORCL. Nuveen LLC bought a new position in shares of Oracle in the first quarter valued at about $732,692,000. Vanguard Group Inc. raised its position in shares of Oracle by 2.2% during the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock worth $22,498,982,000 after acquiring an additional 3,513,464 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new position in Oracle in the second quarter valued at about $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Oracle by 79.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock worth $648,572,000 after purchasing an additional 2,049,687 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Oracle by 840.7% in the 2nd quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider’s stock valued at $463,380,000 after purchasing an additional 1,894,157 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ORCL has been the topic of several analyst reports. BMO Capital Markets set a $355.00 price objective on shares of Oracle and gave the company an “outperform” rating in a report on Monday, October 13th. JMP Securities reissued a “market outperform” rating and set a $342.00 price objective on shares of Oracle in a research note on Friday, October 17th. Stephens upped their target price on shares of Oracle from $208.00 to $331.00 and gave the company an “equal weight” rating in a research note on Friday, October 17th. UBS Group lifted their price target on shares of Oracle from $360.00 to $380.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. Finally, Citigroup reaffirmed a “buy” rating on shares of Oracle in a research note on Friday, October 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $323.69.

Oracle Stock Performance

Shares of ORCL opened at $244.02 on Friday. The stock has a market capitalization of $695.65 billion, a price-to-earnings ratio of 56.49, a PEG ratio of 2.96 and a beta of 1.51. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The firm has a fifty day simple moving average of $279.05 and a 200 day simple moving average of $229.07. 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 (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). The company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

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

Insider Activity at Oracle

In other Oracle news, Director William G. Parrett sold 11,500 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the transaction, the director owned 17,764 shares in the company, valued at $5,435,784. This trade represents a 39.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jeffrey Berg sold 49,365 shares of the stock in a transaction dated Tuesday, October 28th. The stock was sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the sale, the director owned 151,999 shares in the company, valued at $43,018,756.98. The trade was a 24.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 204,254 shares of company stock valued at $60,227,807. 40.90% of the stock is currently owned by company insiders.

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.