Sky Investment Group LLC Has $2.08 Million Holdings in Oracle Corporation $ORCL

Sky Investment Group LLC lessened its holdings in Oracle Corporation (NYSE:ORCL) by 2.1% in the 2nd quarter, Holdings Channel reports. The firm owned 9,490 shares of the enterprise software provider’s stock after selling 200 shares during the quarter. Sky Investment Group LLC’s holdings in Oracle were worth $2,075,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of ORCL. Nuveen LLC acquired a new stake in shares of Oracle in the 1st quarter valued at $732,692,000. GAMMA Investing LLC raised its holdings in Oracle by 15,012.3% in the 1st quarter. GAMMA Investing LLC now owns 4,755,096 shares of the enterprise software provider’s stock worth $664,810,000 after acquiring an additional 4,723,631 shares during the period. Vanguard Group Inc. raised its holdings in Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock worth $22,498,982,000 after acquiring an additional 3,513,464 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Oracle by 79.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock worth $648,572,000 after acquiring an additional 2,049,687 shares during the period. Finally, Polen Capital Management LLC raised its holdings in Oracle by 17.6% in the 1st quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider’s stock worth $1,762,878,000 after acquiring an additional 1,885,370 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Activity at Oracle

In other news, insider Clayton M. Magouyrk sold 21,241 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the transaction, the insider directly owned 78,000 shares in the company, valued at approximately $23,174,580. This represents a 21.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Naomi O. Seligman sold 3,303 shares of the company’s stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total transaction of $770,655.96. Following the transaction, the director owned 31,447 shares in the company, valued at $7,337,214.04. The trade was a 9.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 78,247 shares of company stock valued at $22,090,505. Insiders own 42.20% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on ORCL. CIBC reiterated a “buy” rating on shares of Oracle in a report on Monday, June 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $240.00 target price (up previously from $200.00) on shares of Oracle in a report on Thursday, June 12th. Citigroup reiterated an “outperform” rating on shares of Oracle in a report on Wednesday, September 10th. Mizuho lifted their target price on shares of Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Finally, JMP Securities lifted their target price on shares of Oracle from $315.00 to $342.00 and gave the stock a “market outperform” rating in a report on Wednesday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, Oracle currently has a consensus rating of “Moderate Buy” and an average target price of $303.44.

Oracle Stock Performance

NYSE ORCL opened at $296.67 on Friday. The firm has a market cap of $843.06 billion, a price-to-earnings ratio of 68.67, a PEG ratio of 3.26 and a beta of 1.46. The company has a 50 day moving average of $250.06 and a 200-day moving average of $194.11. 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 Corporation has a 1-year low of $118.86 and a 1-year high of $345.72.

Oracle (NYSE:ORCL) last posted its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). The firm had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

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

Oracle Company 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.