Invesco LLC Sells 5,003 Shares of Oracle Corporation $ORCL

Invesco LLC lessened its position in Oracle Corporation (NYSE:ORCL) by 4.6% during the second quarter, Holdings Channel reports. The institutional investor owned 103,385 shares of the enterprise software provider’s stock after selling 5,003 shares during the quarter. Oracle makes up approximately 8.4% of Invesco LLC’s investment portfolio, making the stock its largest position. Invesco LLC’s holdings in Oracle were worth $22,603,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

ORCL has been the subject of a number of recent research reports. Westpark Capital increased their price objective on Oracle from $195.00 to $246.00 and gave the company a “buy” rating in a research report on Thursday, June 12th. KeyCorp increased their price target on Oracle from $200.00 to $225.00 and gave the company an “overweight” rating in a research report on Thursday, June 12th. Raymond James Financial reissued a “strong-buy” rating on shares of Oracle in a research note on Wednesday, June 18th. Cowen reaffirmed a “buy” rating and set a $375.00 price objective on shares of Oracle in a research note on Wednesday, September 10th. Finally, Melius Research lifted their target price on shares of Oracle from $270.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $304.71.

Oracle Stock Performance

ORCL stock opened at $283.29 on Monday. The firm has a 50 day simple moving average of $258.19 and a 200 day simple moving average of $201.16. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The stock has a market cap of $805.03 billion, a P/E ratio of 65.58, a P/E/G ratio of 3.05 and a beta of 1.46. 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: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 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 for the quarter, compared to analyst estimates of $15.04 billion. During the same period last year, the business earned $1.39 EPS. The company’s quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. Oracle’s payout ratio is presently 46.30%.

Insider Transactions at Oracle

In other Oracle news, Director Naomi O. Seligman sold 3,303 shares of Oracle stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of the sale, the director directly owned 31,447 shares in the company, valued at $7,337,214.04. The trade was a 9.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the 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 approximately $5,435,784. This trade represents a 39.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 112,092 shares of company stock valued at $32,960,165 in the last ninety days. 42.20% of the stock is currently owned by insiders.

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.