Ingalls & Snyder LLC Lowers Stock Position in Oracle Corporation $ORCL

Ingalls & Snyder LLC cut its position in shares of Oracle Corporation (NYSE:ORCL) by 2.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 53,567 shares of the enterprise software provider’s stock after selling 1,183 shares during the period. Ingalls & Snyder LLC’s holdings in Oracle were worth $11,711,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in ORCL. Redmont Wealth Advisors LLC purchased a new stake in Oracle during the first quarter worth $27,000. Iron Horse Wealth Management LLC boosted its holdings in Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after buying an additional 151 shares in the last quarter. LGT Financial Advisors LLC purchased a new stake in Oracle during the second quarter worth $33,000. Legend Financial Advisors Inc. purchased a new stake in Oracle during the second quarter worth $34,000. Finally, HighMark Wealth Management LLC purchased a new stake in Oracle during the second quarter worth $38,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Stock Performance

NYSE:ORCL opened at $283.45 on Friday. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The company has a market cap of $808.05 billion, a P/E ratio of 65.61, a P/E/G ratio of 3.04 and a beta of 1.53. The company’s 50-day moving average price is $274.59 and its 200-day moving average price is $221.04. 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 (NYSE:ORCL) last released its quarterly earnings data 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same quarter in the previous year, the business posted $1.39 earnings per share. Oracle’s revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, sell-side analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date was Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

Analyst Ratings Changes

ORCL has been the topic of several recent analyst reports. William Blair reaffirmed an “outperform” rating on shares of Oracle in a report on Friday, October 17th. Guggenheim increased their price objective on shares of Oracle from $375.00 to $400.00 and gave the company a “buy” rating in a report on Friday, October 17th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $320.00 price objective on shares of Oracle in a report on Monday, October 20th. Weiss Ratings downgraded shares of Oracle from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday. Finally, Stephens increased their price objective on shares of Oracle from $208.00 to $331.00 and gave the company an “equal weight” rating in a report on Friday, October 17th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $323.69.

Insider Activity

In other Oracle news, EVP Maria Smith sold 5,000 shares of Oracle stock in a transaction dated Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total transaction of $1,403,100.00. Following the completion of the sale, the executive vice president directly owned 47,083 shares in the company, valued at $13,212,431.46. This trade represents a 9.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Stuart Levey sold 19,758 shares of Oracle stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the sale, the executive vice president owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. This represents a 51.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 170,769 shares of company stock valued at $50,297,667 in the last quarter. Insiders own 40.90% 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.