Robert W. Baird Cuts Oracle (NYSE:ORCL) Price Target to $315.00

Oracle (NYSE:ORCL) had its target price trimmed by Robert W. Baird from $365.00 to $315.00 in a research report report published on Tuesday, Marketbeat.com reports. The firm currently has an outperform rating on the enterprise software provider’s stock.

A number of other research firms also recently issued reports on ORCL. Cantor Fitzgerald lifted their price objective on Oracle from $271.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 10th. Morgan Stanley boosted their price target on shares of Oracle from $246.00 to $320.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 23rd. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $320.00 price target on shares of Oracle in a research note on Monday, October 20th. Berenberg Bank lifted their price objective on shares of Oracle from $202.00 to $306.00 and gave the stock a “hold” rating in a research note on Monday, September 15th. Finally, Wolfe Research boosted their target price on shares of Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Oracle presently has an average rating of “Moderate Buy” and a consensus target price of $322.26.

Oracle Stock Down 6.7%

Shares of ORCL stock opened at $210.52 on Tuesday. The company’s fifty day simple moving average is $274.80 and its two-hundred day simple moving average is $235.21. Oracle has a 52 week low of $118.86 and a 52 week high of $345.72. The stock has a market cap of $600.15 billion, a P/E ratio of 48.73, a PEG ratio of 2.96 and a beta of 1.51. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33.

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

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.0%. Oracle’s payout ratio is currently 46.30%.

Insider Buying and Selling

In other news, EVP Maria Smith sold 5,000 shares of the stock in a transaction that occurred 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 sale, the executive vice president directly owned 47,083 shares in the company, valued at approximately $13,212,431.46. This represents a 9.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of the business’s stock in a transaction 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 transaction, the director owned 29,225 shares of the company’s stock, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 204,254 shares of company stock worth $60,227,807 over the last three months. 40.90% of the stock is currently owned by company insiders.

Institutional Trading of Oracle

Institutional investors and hedge funds have recently made changes to their positions in the business. EMC Capital Management boosted its stake in shares of Oracle by 50.0% during the third quarter. EMC Capital Management now owns 3,000 shares of the enterprise software provider’s stock valued at $844,000 after purchasing an additional 1,000 shares during the period. Old North State Trust LLC boosted its position in Oracle by 22.0% in the 3rd quarter. Old North State Trust LLC now owns 2,246 shares of the enterprise software provider’s stock valued at $632,000 after buying an additional 405 shares during the period. Portus Wealth Advisors LLC bought a new position in Oracle in the 3rd quarter worth about $324,000. Caerus Investment Advisors LLC bought a new position in Oracle in the 3rd quarter worth about $542,000. Finally, First Commonwealth Financial Corp PA increased its position in shares of Oracle by 11.0% during the third quarter. First Commonwealth Financial Corp PA now owns 14,199 shares of the enterprise software provider’s stock worth $3,993,000 after acquiring an additional 1,405 shares during the period. 42.44% of the stock is currently owned by institutional investors.

About Oracle

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.