PBMares Wealth Management LLC Reduces Stock Holdings in Oracle Corporation $ORCL

PBMares Wealth Management LLC decreased its stake in Oracle Corporation (NYSE:ORCL) by 33.6% in the second quarter, Holdings Channel.com reports. The firm owned 7,216 shares of the enterprise software provider’s stock after selling 3,654 shares during the period. PBMares Wealth Management LLC’s holdings in Oracle were worth $1,578,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Redmont Wealth Advisors LLC purchased a new position in Oracle during the 1st quarter valued at $27,000. Inlight Wealth Management LLC purchased a new position in Oracle during the 1st quarter valued at $28,000. Iron Horse Wealth Management LLC boosted its holdings in Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after acquiring an additional 151 shares during the period. Legend Financial Advisors Inc. purchased a new position in Oracle during the 2nd quarter valued at $34,000. Finally, Graybill Wealth Management LTD. purchased a new position in Oracle during the 1st quarter valued at $39,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Oracle Trading Down 0.6%

ORCL opened at $281.01 on Wednesday. The firm has a market cap of $801.10 billion, a price-to-earnings ratio of 65.05, a PEG ratio of 3.04 and a beta of 1.46. 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 Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The stock has a fifty day moving average price of $259.82 and a 200-day moving average price of $202.64.

Oracle (NYSE:ORCL) last released its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS 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 return on equity of 72.93% and a net margin of 21.08%.The company’s revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

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

Analyst Ratings Changes

ORCL has been the subject of a number of recent analyst reports. Sanford C. Bernstein boosted their price objective on Oracle from $363.00 to $364.00 and gave the company an “outperform” rating in a report on Friday, September 26th. UBS Group set a $364.00 price objective on Oracle in a report on Friday. Bank of America upgraded Oracle from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $295.00 to $368.00 in a report on Wednesday, September 10th. The Goldman Sachs Group upped their target price on Oracle from $195.00 to $310.00 and gave the stock a “neutral” rating in a report on Monday, September 15th. Finally, Oppenheimer reiterated an “outperform” rating on shares of Oracle in a report on Wednesday, June 18th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $304.71.

Insider Activity at Oracle

In related news, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the transaction, the insider directly owned 132,656 shares of the company’s stock, valued at $42,603,800.96. This represents a 20.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director William G. Parrett sold 11,500 shares of the company’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the transaction, the director directly owned 17,764 shares in the company, valued at $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 114,314 shares of company stock worth $33,602,123 over the last ninety days. Corporate insiders own 42.20% of the company’s stock.

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.