Gemmer Asset Management LLC Acquires 408 Shares of Oracle Corporation $ORCL

Gemmer Asset Management LLC lifted its holdings in Oracle Corporation (NYSE:ORCL) by 5.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,043 shares of the enterprise software provider’s stock after acquiring an additional 408 shares during the quarter. Gemmer Asset Management LLC’s holdings in Oracle were worth $1,758,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of ORCL. Redmont Wealth Advisors LLC acquired a new position in shares of Oracle in the 1st quarter worth approximately $27,000. Inlight Wealth Management LLC acquired a new position in shares of Oracle in the 1st quarter worth approximately $28,000. Iron Horse Wealth Management LLC boosted 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 worth $29,000 after acquiring an additional 151 shares in the last quarter. Legend Financial Advisors Inc. acquired a new position in shares of Oracle in the 2nd quarter worth approximately $34,000. Finally, HighMark Wealth Management LLC acquired a new position in shares of Oracle in the 2nd quarter worth approximately $38,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Oracle Stock Performance

Shares of Oracle stock opened at $286.23 on Friday. The firm has a fifty day moving average of $262.53 and a two-hundred day moving average of $205.48. The stock has a market capitalization of $815.99 billion, a price-to-earnings ratio of 66.26, a PEG ratio of 3.08 and a beta of 1.53. Oracle Corporation has a 52 week low of $118.86 and a 52 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.

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

Oracle Announces Dividend

The firm 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 is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. Oracle’s payout ratio is presently 46.30%.

Insiders Place Their Bets

In other news, Director Rona Alison Fairhead acquired 480 shares of the stock in a transaction that occurred on Monday, July 7th. The stock was acquired at an average price of $233.87 per share, for a total transaction of $112,257.60. Following the transaction, the director directly owned 22,110 shares in the company, valued at approximately $5,170,865.70. This represents a 2.22% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the sale, the insider owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 104,314 shares of company stock worth $31,272,223 over the last 90 days. 42.20% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

ORCL has been the topic of several recent analyst reports. Loop Capital set a $135.00 target price on Oracle in a report on Tuesday, June 10th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Oracle in a report on Wednesday, June 18th. Piper Sandler upped their price objective on Oracle from $270.00 to $330.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. Berenberg Bank upped their price objective on Oracle from $202.00 to $306.00 and gave the stock a “hold” rating in a report on Monday, September 15th. Finally, Sanford C. Bernstein upped 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. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Oracle currently has an average rating of “Moderate Buy” and an average target price of $304.71.

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.