Rathbones Group PLC Sells 509 Shares of Oracle Corporation $ORCL

Rathbones Group PLC decreased its stake in Oracle Corporation (NYSE:ORCL) by 2.1% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 23,257 shares of the enterprise software provider’s stock after selling 509 shares during the period. Rathbones Group PLC’s holdings in Oracle were worth $5,085,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Lockheed Martin Investment Management Co. lifted its holdings in Oracle by 4.3% during the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock valued at $7,179,000 after purchasing an additional 2,110 shares during the last quarter. Private Wealth Asset Management LLC increased its holdings in shares of Oracle by 9.2% in the second quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock valued at $835,000 after purchasing an additional 321 shares during the last quarter. Soltis Investment Advisors LLC raised its position in shares of Oracle by 4.8% in the second quarter. Soltis Investment Advisors LLC now owns 32,937 shares of the enterprise software provider’s stock valued at $7,201,000 after purchasing an additional 1,515 shares during the period. Cascade Investment Group Inc. acquired a new stake in shares of Oracle during the 2nd quarter worth about $239,000. Finally, Lockerman Financial Group Inc. bought a new stake in shares of Oracle during the 2nd quarter worth about $328,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Stock Performance

NYSE:ORCL opened at $239.15 on Monday. The company has a market cap of $681.77 billion, a price-to-earnings ratio of 55.36, a PEG ratio of 2.96 and a beta of 1.51. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two 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 stock has a fifty day moving average price of $279.32 and a 200-day moving average price of $231.30.

Oracle (NYSE:ORCL) last issued its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 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 company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the previous year, the business posted $1.39 EPS. The firm’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. As a group, equities analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were given a $0.50 dividend. The ex-dividend date was Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.8%. Oracle’s payout ratio is presently 46.30%.

Insider Activity at Oracle

In other Oracle news, Director Jeffrey Berg sold 49,365 shares of the company’s stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the completion of the sale, the director directly owned 151,999 shares in the company, valued at $43,018,756.98. This represents a 24.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the firm’s stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $276.64, for a total value of $11,065,600.00. Following the completion of the sale, the chief executive officer directly owned 154,030 shares in the company, valued at approximately $42,610,859.20. This represents a 20.62% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 204,254 shares of company stock worth $60,227,807 in the last 90 days. Corporate insiders own 40.90% of the company’s stock.

Wall Street Analysts Forecast Growth

ORCL has been the topic of several research analyst reports. Baird R W raised shares of Oracle to a “strong-buy” rating in a report on Wednesday, October 8th. BMO Capital Markets set a $355.00 target price on Oracle and gave the stock an “outperform” rating in a research note on Monday, October 13th. Guggenheim lifted their price target on Oracle from $375.00 to $400.00 and gave the stock a “buy” rating in a report on Friday, October 17th. Citigroup reaffirmed a “buy” rating on shares of Oracle in a report on Friday, October 10th. Finally, Scotiabank lifted their target price on Oracle from $350.00 to $360.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $323.69.

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.