Trust Co. of Toledo NA OH Has $24.75 Million Stake in Oracle Corporation $ORCL

Trust Co. of Toledo NA OH trimmed its holdings in shares of Oracle Corporation (NYSE:ORCL) by 0.2% during the second quarter, HoldingsChannel reports. The fund owned 113,225 shares of the enterprise software provider’s stock after selling 191 shares during the quarter. Oracle comprises 2.7% of Trust Co. of Toledo NA OH’s holdings, making the stock its 4th largest position. Trust Co. of Toledo NA OH’s holdings in Oracle were worth $24,754,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC bought a new stake in shares of Oracle in the 1st quarter valued at about $27,000. Inlight Wealth Management LLC acquired a new stake in Oracle during the 1st quarter valued at approximately $28,000. Iron Horse Wealth Management LLC lifted its position 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 purchasing an additional 151 shares during the period. Legend Financial Advisors Inc. acquired a new position in Oracle in the second quarter valued at $34,000. Finally, HighMark Wealth Management LLC bought a new stake in Oracle during the second quarter valued at $38,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Sanford C. Bernstein upped their target price on Oracle from $363.00 to $364.00 and gave the company an “outperform” rating in a research report on Friday, September 26th. BNP Paribas set a $377.00 target price on shares of Oracle in a research report on Wednesday, September 10th. TD Cowen raised their price target on shares of Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Oppenheimer reiterated an “outperform” rating on shares of Oracle in a report on Wednesday, June 18th. Finally, Jefferies Financial Group raised their target price on Oracle from $270.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Three equities 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 issued a Sell rating to the stock. According to data from MarketBeat.com, Oracle currently has a consensus rating of “Moderate Buy” and a consensus target price of $306.71.

Oracle Trading Down 1.3%

ORCL opened at $293.04 on Friday. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The firm has a market capitalization of $835.40 billion, a PE ratio of 67.83, a P/E/G ratio of 3.20 and a beta of 1.53. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The company’s 50-day moving average is $266.69 and its 200 day moving average is $209.86.

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). The company had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

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

Insider Activity

In related news, Director William G. Parrett sold 11,500 shares of the firm’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the transaction, the director directly owned 17,764 shares of the company’s stock, valued at $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the company’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of the sale, the insider directly owned 78,000 shares of the company’s stock, valued at $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 104,314 shares of company stock valued at $31,272,223 over the last quarter. 40.90% of the stock is owned by insiders.

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.