Oracle Corporation $ORCL Shares Purchased by Whittier Trust Co.

Whittier Trust Co. increased its position in shares of Oracle Corporation (NYSE:ORCL) by 0.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 127,145 shares of the enterprise software provider’s stock after purchasing an additional 107 shares during the period. Whittier Trust Co.’s holdings in Oracle were worth $27,798,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. LGT Financial Advisors LLC acquired a new stake in shares of Oracle during the second quarter valued at about $33,000. Legend Financial Advisors Inc. acquired a new stake in shares of Oracle during the second quarter valued at about $34,000. HighMark Wealth Management LLC acquired a new stake in shares of Oracle during the second quarter valued at about $38,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Oracle during the first quarter valued at about $27,000. Finally, Inlight Wealth Management LLC acquired a new stake in shares of Oracle during the first quarter valued at about $28,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ORCL has been the subject of a number of recent analyst reports. BNP Paribas set a $377.00 price target on shares of Oracle in a research report on Wednesday, September 10th. William Blair reiterated an “outperform” rating on shares of Oracle in a research report on Friday. Cantor Fitzgerald lifted their price objective on shares of Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. Royal Bank Of Canada restated a “sector perform” rating and issued a $310.00 price objective on shares of Oracle in a report on Friday. Finally, Morgan Stanley lifted their price objective on shares of Oracle from $246.00 to $320.00 and gave the company an “equal weight” rating in a report on Tuesday, September 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $323.69.

Oracle Stock Down 4.9%

Shares of Oracle stock opened at $276.93 on Tuesday. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The company has a 50 day moving average of $272.19 and a 200 day moving average of $217.44. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The company has a market capitalization of $789.47 billion, a P/E ratio of 64.10, a P/E/G ratio of 3.14 and a beta of 1.53.

Oracle (NYSE:ORCL) last issued its quarterly 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 return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. During the same quarter in the prior year, the firm earned $1.39 EPS. The firm’s revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

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 is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. Oracle’s payout ratio is currently 46.30%.

Insider Buying and Selling

In related news, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction that occurred on Tuesday, September 23rd. The shares were 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 owned 132,656 shares in the company, valued at $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Stuart Levey sold 19,758 shares of Oracle stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the completion of the transaction, the executive vice president owned 18,429 shares of the company’s stock, valued at $5,528,700. This represents a 51.74% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 120,769 shares of company stock valued at $36,428,967 over the last ninety days. 40.90% of the stock is currently owned by corporate insiders.

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.