Olistico Wealth LLC lifted its stake in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 34.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,024 shares of the enterprise software provider’s stock after buying an additional 261 shares during the period. Olistico Wealth LLC’s holdings in Oracle were worth $224,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Legend Financial Advisors Inc. acquired a new stake in Oracle in the second quarter valued at $34,000. HighMark Wealth Management LLC bought a new stake in Oracle during the second quarter valued at $38,000. Redmont Wealth Advisors LLC bought a new stake in Oracle during the first quarter valued at $27,000. Inlight Wealth Management LLC bought a new position in shares of Oracle during the 1st quarter worth about $28,000. Finally, Iron Horse Wealth Management LLC boosted its position in shares of Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after purchasing an additional 151 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
ORCL has been the topic of a number of analyst reports. Oppenheimer restated an “outperform” rating on shares of Oracle in a report on Wednesday, June 18th. Scotiabank reiterated an “outperform” rating on shares of Oracle in a research note on Wednesday, September 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $240.00 price target (up previously from $200.00) on shares of Oracle in a research note on Thursday, June 12th. Melius Research raised their price target on shares of Oracle from $270.00 to $370.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Finally, UBS Group set a $364.00 price objective on shares of Oracle in a report on Friday, September 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $304.71.
Oracle Stock Performance
NYSE ORCL opened at $286.23 on Friday. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market capitalization of $815.99 billion, a P/E ratio of 66.26, a P/E/G ratio of 3.08 and a beta of 1.53. The company has a fifty day moving average of $262.53 and a 200-day moving average of $205.48.
Oracle (NYSE:ORCL – Get Free Report) last posted its quarterly earnings data 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). The company had revenue of $14.93 billion for 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 business’s revenue was up 12.2% on a year-over-year basis. During the same period in the prior 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 predict that Oracle Corporation will post 5 EPS for the current fiscal year.
Oracle Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is presently 46.30%.
Insider Buying and Selling
In other Oracle news, Director William G. Parrett sold 11,500 shares of the business’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 owned 17,764 shares in the company, valued at approximately $5,435,784. The trade was a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Rona Alison Fairhead acquired 480 shares of the firm’s stock in a transaction on Monday, July 7th. The stock was purchased at an average price of $233.87 per share, for a total transaction of $112,257.60. Following the transaction, the director directly owned 22,110 shares of the company’s stock, valued at approximately $5,170,865.70. This trade represents a 2.22% increase in their position. The disclosure for this purchase can be found here. Insiders have sold 104,314 shares of company stock worth $31,272,223 over the last 90 days. Insiders own 42.20% of the company’s stock.
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.
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