Knights of Columbus Asset Advisors LLC Purchases 4,036 Shares of Oracle Corporation $ORCL

Knights of Columbus Asset Advisors LLC grew its position in shares of Oracle Corporation (NYSE:ORCL) by 10.3% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 43,378 shares of the enterprise software provider’s stock after buying an additional 4,036 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in Oracle were worth $9,484,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of ORCL. Redmont Wealth Advisors LLC bought a new position in Oracle in the 1st quarter valued at $27,000. Inlight Wealth Management LLC acquired a new stake in shares of Oracle in the first quarter valued at $28,000. Iron Horse Wealth Management LLC raised its holdings in shares of Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after buying an additional 151 shares during the last quarter. Legend Financial Advisors Inc. acquired a new position in Oracle during the 2nd quarter worth about $34,000. Finally, HighMark Wealth Management LLC acquired a new position in Oracle during the 2nd quarter worth about $38,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on ORCL. Rothschild Redb upgraded shares of Oracle to a “strong sell” rating in a research report on Thursday, September 25th. Royal Bank Of Canada raised their price target on shares of Oracle from $145.00 to $195.00 and gave the company a “sector perform” rating in a report on Thursday, June 12th. Loop Capital set a $135.00 price objective on shares of Oracle in a research report on Tuesday, June 10th. TD Cowen increased their price objective on Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Finally, Stifel Nicolaus lifted their target price on Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Two 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $304.71.

Oracle Stock Down 0.9%

Shares of NYSE:ORCL opened at $286.23 on Monday. The company has a 50 day moving average price of $262.53 and a two-hundred day moving average price of $205.85. 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 PE ratio of 66.26, a PEG ratio of 3.08 and a beta of 1.53. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72.

Oracle (NYSE:ORCL) last announced its quarterly 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 analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period last year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The firm 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 dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. Oracle’s dividend payout ratio (DPR) is currently 46.30%.

Insiders Place Their Bets

In related news, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the completion of the transaction, the insider directly owned 132,656 shares in the company, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the sale, the insider owned 78,000 shares in the company, valued at $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 104,314 shares of company stock worth $31,272,223. Company insiders own 40.90% 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.