Oracle Corporation $ORCL Position Increased by Members Trust Co

Members Trust Co raised its position in shares of Oracle Corporation (NYSE:ORCL) by 20.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,494 shares of the enterprise software provider’s stock after buying an additional 605 shares during the quarter. Members Trust Co’s holdings in Oracle were worth $764,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Redmont Wealth Advisors LLC purchased a new stake in Oracle during the first quarter valued at about $27,000. Iron Horse Wealth Management LLC increased its holdings in shares of Oracle by 284.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after purchasing an additional 151 shares during the period. LGT Financial Advisors LLC acquired a new position in shares of Oracle in the 2nd quarter valued at about $33,000. Legend Financial Advisors Inc. acquired a new position in shares of Oracle in the 2nd quarter valued at about $34,000. Finally, HighMark Wealth Management LLC acquired a new position in shares of Oracle in the 2nd quarter valued at about $38,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Oracle news, Director William G. Parrett sold 11,500 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the director owned 17,764 shares of the company’s stock, valued at $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Clayton M. Magouyrk sold 21,241 shares of the company’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 value of $6,310,913.51. Following the sale, the insider directly owned 78,000 shares of the company’s stock, valued at $23,174,580. The trade was a 21.40% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 120,769 shares of company stock valued at $36,428,967. Insiders own 40.90% of the company’s stock.

Oracle Trading Down 0.7%

NYSE:ORCL opened at $275.12 on Wednesday. The stock’s 50 day moving average price is $272.62 and its 200 day moving average price is $217.84. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a market capitalization of $784.31 billion, a P/E ratio of 63.69, a P/E/G ratio of 2.97 and a beta of 1.53. 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 announced 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). 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 firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders 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 yield of 0.7%. Oracle’s dividend payout ratio is presently 46.30%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on ORCL shares. Cantor Fitzgerald upped their target price on Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. Bank of America upgraded Oracle from a “neutral” rating to a “buy” rating and upped their target price for the company from $295.00 to $368.00 in a report on Wednesday, September 10th. TD Cowen upped their target price on Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Stephens upped their target price on Oracle from $208.00 to $331.00 and gave the company an “equal weight” rating in a report on Friday, October 17th. Finally, Sanford C. Bernstein increased their price objective on Oracle from $363.00 to $364.00 and gave the stock an “outperform” rating in a report on Friday, September 26th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $323.69.

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.