Oracle Corporation $ORCL Stock Position Boosted by Mengis Capital Management Inc.

Mengis Capital Management Inc. boosted its stake in Oracle Corporation (NYSE:ORCL) by 28.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,548 shares of the enterprise software provider’s stock after buying an additional 1,670 shares during the period. Mengis Capital Management Inc.’s holdings in Oracle were worth $1,650,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ORCL. Reyes Financial Architecture Inc. grew its stake in shares of Oracle by 7.2% in the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock worth $141,000 after acquiring an additional 43 shares during the last quarter. Creative Capital Management Investments LLC grew its stake in shares of Oracle by 5.7% in the second quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock worth $174,000 after acquiring an additional 43 shares during the last quarter. MFA Wealth Services grew its stake in shares of Oracle by 1.0% in the second quarter. MFA Wealth Services now owns 4,563 shares of the enterprise software provider’s stock worth $998,000 after acquiring an additional 43 shares during the last quarter. Davis Investment Partners LLC grew its stake in shares of Oracle by 0.7% in the second quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider’s stock worth $1,517,000 after acquiring an additional 46 shares during the last quarter. Finally, Acropolis Investment Management LLC grew its stake in shares of Oracle by 2.6% in the second quarter. Acropolis Investment Management LLC now owns 1,850 shares of the enterprise software provider’s stock worth $404,000 after acquiring an additional 47 shares during the last quarter. Institutional investors own 42.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on ORCL shares. Rothschild Redb upgraded shares of Oracle to a “strong sell” rating in a research note on Thursday, September 25th. William Blair reiterated an “outperform” rating on shares of Oracle in a research note on Monday, September 22nd. Melius Research lifted their price target on shares of Oracle from $270.00 to $370.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Mizuho lifted their price target on shares of Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 10th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Oracle in a research note on Wednesday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $306.43.

Insiders Place Their Bets

In related news, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the transaction, the director directly owned 17,764 shares of the company’s stock, valued at $5,435,784. The trade was a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Naomi O. Seligman sold 3,303 shares of Oracle stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of the transaction, the director directly owned 31,447 shares of the company’s stock, valued at $7,337,214.04. This represents a 9.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 104,314 shares of company stock valued at $31,272,223. 40.90% of the stock is owned by corporate insiders.

Oracle Stock Up 2.9%

Shares of NYSE ORCL opened at $296.95 on Friday. The stock has a market cap of $846.54 billion, a PE ratio of 68.74, a PEG ratio of 3.11 and a beta of 1.53. The business has a fifty day moving average of $265.72 and a two-hundred day moving average of $208.90. 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 released its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same period in the prior year, the firm earned $1.39 earnings per share. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s payout ratio is currently 46.30%.

About Oracle

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.