Capital Investment Counsel Inc Reduces Position in Oracle Corporation $ORCL

Capital Investment Counsel Inc trimmed its position in Oracle Corporation (NYSE:ORCL) by 9.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,444 shares of the enterprise software provider’s stock after selling 3,719 shares during the quarter. Oracle makes up 1.0% of Capital Investment Counsel Inc’s investment portfolio, making the stock its 19th largest position. Capital Investment Counsel Inc’s holdings in Oracle were worth $7,749,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Monetta Financial Services Inc. raised its stake in Oracle by 75.0% in the second quarter. Monetta Financial Services Inc. now owns 7,000 shares of the enterprise software provider’s stock valued at $1,530,000 after buying an additional 3,000 shares in the last quarter. ABN Amro Investment Solutions acquired a new position in shares of Oracle during the 2nd quarter worth about $45,502,000. EagleClaw Capital Managment LLC increased its holdings in shares of Oracle by 3.8% in the 2nd quarter. EagleClaw Capital Managment LLC now owns 61,097 shares of the enterprise software provider’s stock valued at $13,358,000 after acquiring an additional 2,225 shares during the last quarter. Candriam S.C.A. raised its position in shares of Oracle by 31.2% during the 2nd quarter. Candriam S.C.A. now owns 155,363 shares of the enterprise software provider’s stock worth $33,968,000 after acquiring an additional 36,975 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey raised its position in shares of Oracle by 8.1% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 251,470 shares of the enterprise software provider’s stock worth $54,979,000 after acquiring an additional 18,851 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Transactions at Oracle

In related news, Director Jeffrey Berg sold 49,365 shares of Oracle 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 transaction, the director directly owned 151,999 shares of the company’s stock, valued at approximately $43,018,756.98. The trade was a 24.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Stuart Levey sold 19,758 shares of the company’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $300.00, for a total value of $5,927,400.00. Following the completion of the sale, the executive vice president directly owned 18,429 shares in the company, valued at $5,528,700. This trade represents a 51.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 204,254 shares of company stock worth $60,227,807 over the last ninety days. 40.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on ORCL. Berenberg Bank increased their price target on shares of Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a research note on Monday, September 15th. Melius Research increased their price objective on Oracle from $270.00 to $370.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. BNP Paribas set a $377.00 price target on Oracle in a research report on Wednesday, September 10th. UBS Group boosted their price objective on shares of Oracle from $360.00 to $380.00 and gave the company a “buy” rating in a research note on Friday, October 17th. Finally, Stifel Nicolaus upped their price objective on shares of Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Oracle currently has a consensus rating of “Moderate Buy” and a consensus price target of $323.69.

Oracle Price Performance

Shares of NYSE ORCL opened at $226.66 on Thursday. The company’s fifty day moving average is $279.89 and its two-hundred day moving average is $232.67. 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 firm has a market capitalization of $646.16 billion, a P/E ratio of 52.47, a PEG ratio of 2.96 and a beta of 1.51. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72.

Oracle (NYSE:ORCL) last released its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $15.04 billion. During the same period in the prior year, the firm posted $1.39 EPS. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

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.