Yarger Wealth Strategies LLC Purchases New Holdings in Oracle Corporation $ORCL

Yarger Wealth Strategies LLC purchased a new stake in shares of Oracle Corporation (NYSE:ORCL) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,304 shares of the enterprise software provider’s stock, valued at approximately $285,000.

A number of other institutional investors and hedge funds also recently modified their holdings of ORCL. Redmont Wealth Advisors LLC purchased a new stake in shares of Oracle during the first quarter valued at approximately $27,000. Inlight Wealth Management LLC purchased a new stake in shares of Oracle during the first quarter valued at approximately $28,000. Iron Horse Wealth Management LLC increased its position in shares of Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after acquiring an additional 151 shares during the last quarter. Legend Financial Advisors Inc. purchased a new stake in Oracle in the second quarter worth $34,000. Finally, HighMark Wealth Management LLC purchased a new stake in Oracle in the second quarter worth $38,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Cowen reissued a “buy” rating and issued a $375.00 target price on shares of Oracle in a research report on Wednesday, September 10th. Guggenheim raised their target price on Oracle from $250.00 to $375.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Barclays raised their target price on Oracle from $221.00 to $281.00 and gave the stock an “overweight” rating in a research report on Monday, September 8th. Wolfe Research raised their target price on Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 10th. Finally, Redburn Partners set a $175.00 target price on Oracle in a research report on Thursday, September 25th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $306.71.

Insiders Place Their Bets

In related news, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction on 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 owned 78,000 shares of the company’s stock, valued at approximately $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of Oracle stock in a transaction on Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the sale, the director directly owned 29,225 shares of the company’s stock, valued at $8,443,394.75. This represents a 7.07% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 104,314 shares of company stock worth $31,272,223 over the last three months. Corporate insiders own 40.90% of the company’s stock.

Oracle Price Performance

Shares of NYSE ORCL opened at $293.04 on Monday. The stock has a market cap 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 fifty-two week low of $118.86 and a fifty-two 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. The stock has a fifty day moving average of $266.69 and a 200-day moving average of $210.74.

Oracle (NYSE:ORCL) last announced its quarterly earnings results 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 company had revenue of $14.93 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter last year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be paid 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 yield of 0.7%. Oracle’s dividend payout ratio (DPR) is currently 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.