Tranquility Partners LLC Purchases New Stake in Oracle Corporation $ORCL

Tranquility Partners LLC purchased a new stake in Oracle Corporation (NYSE:ORCLFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,250 shares of the enterprise software provider’s stock, valued at approximately $273,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in ORCL. Redmont Wealth Advisors LLC acquired a new stake in Oracle during the first quarter worth $27,000. Inlight Wealth Management LLC acquired a new stake in shares of Oracle in the first quarter valued at $28,000. Iron Horse Wealth Management LLC grew its stake in shares of Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after buying an additional 151 shares in the last quarter. Legend Financial Advisors Inc. acquired a new stake in shares of Oracle in the second quarter valued at $34,000. Finally, HighMark Wealth Management LLC purchased a new position in Oracle in the second quarter valued at $38,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

ORCL has been the subject of a number of recent research reports. Piper Sandler lifted their target price on Oracle from $270.00 to $330.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. Cowen reaffirmed a “buy” rating and set a $375.00 price target on shares of Oracle in a report on Wednesday, September 10th. Barclays lifted their price target on Oracle from $221.00 to $281.00 and gave the stock an “overweight” rating in a report on Monday, September 8th. BMO Capital Markets set a $345.00 price target on Oracle in a report on Wednesday, September 10th. Finally, BNP Paribas set a $377.00 target price on Oracle 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, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $306.71.

Check Out Our Latest Stock Report on Oracle

Oracle Stock Performance

Shares of ORCL stock opened at $293.04 on Friday. The stock has a market capitalization of $835.40 billion, a PE ratio of 67.83, a price-to-earnings-growth ratio of 3.15 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 stock’s 50-day moving average price is $266.69 and its 200 day moving average price is $210.29. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCLGet Free Report) last issued its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.93 billion during 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%. The business’s revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

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 yield of 0.7%. Oracle’s payout ratio is presently 46.30%.

Insiders Place Their Bets

In other Oracle news, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the transaction, the director owned 17,764 shares in the company, valued at approximately $5,435,784. The trade was a 39.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Clayton M. Magouyrk sold 21,241 shares of the business’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the transaction, the insider owned 78,000 shares in the company, valued at $23,174,580. The trade was a 21.40% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 104,314 shares of company stock worth $31,272,223. Company insiders own 40.90% of the company’s stock.

Oracle Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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