Cantillon Capital Management LLC reduced its position in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 2.8% in the second quarter, according to its most recent filing with the SEC. The fund owned 863,573 shares of the enterprise software provider’s stock after selling 25,222 shares during the quarter. Cantillon Capital Management LLC’s holdings in Oracle were worth $188,803,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of ORCL. Jacobsen Capital Management lifted its position in Oracle by 10.0% during the second quarter. Jacobsen Capital Management now owns 2,980 shares of the enterprise software provider’s stock valued at $652,000 after purchasing an additional 272 shares during the last quarter. FNY Investment Advisers LLC lifted its stake in shares of Oracle by 126.5% in the 2nd quarter. FNY Investment Advisers LLC now owns 7,379 shares of the enterprise software provider’s stock valued at $1,613,000 after purchasing an additional 4,121 shares during the last quarter. Studio Investment Management LLC boosted its holdings in shares of Oracle by 1.0% in the 2nd quarter. Studio Investment Management LLC now owns 4,796 shares of the enterprise software provider’s stock worth $1,049,000 after purchasing an additional 47 shares during the period. Retirement Planning Group LLC increased its position in shares of Oracle by 8.5% during the 2nd quarter. Retirement Planning Group LLC now owns 3,689 shares of the enterprise software provider’s stock valued at $807,000 after purchasing an additional 290 shares during the last quarter. Finally, D.A. Davidson & CO. raised its holdings in Oracle by 24.5% during the 2nd quarter. D.A. Davidson & CO. now owns 128,660 shares of the enterprise software provider’s stock valued at $28,129,000 after buying an additional 25,303 shares during the period. Institutional investors own 42.44% of the company’s stock.
Analysts Set New Price Targets
ORCL has been the topic of a number of recent analyst reports. Baird R W upgraded Oracle to a “strong-buy” rating in a research note on Wednesday, October 8th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $320.00 price target on shares of Oracle in a research note on Monday. TD Cowen boosted their price target on Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Stephens increased their price objective on Oracle from $208.00 to $331.00 and gave the stock an “equal weight” rating in a research note on Friday, October 17th. Finally, Guggenheim lifted their target price on Oracle from $375.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, October 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $323.69.
Insider Buying and Selling
In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value 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 trade represents a 20.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of the business’s stock in a transaction dated Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the sale, the director owned 29,225 shares in the company, valued at $8,443,394.75. The trade was a 7.07% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 120,769 shares of company stock valued at $36,428,967 in the last 90 days. 40.90% of the stock is owned by insiders.
Oracle Stock Down 0.7%
Shares of NYSE ORCL opened at $275.12 on Wednesday. The stock has a market capitalization of $784.31 billion, a PE ratio of 63.69, a price-to-earnings-growth ratio of 2.97 and a beta of 1.53. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The stock’s fifty day simple moving average is $272.62 and its two-hundred day simple moving average is $217.84.
Oracle (NYSE:ORCL – Get Free Report) last issued its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share 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 company had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same period in the previous year, the business earned $1.39 EPS. Oracle’s revenue for the quarter 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, analysts expect that Oracle Corporation will post 5 EPS for the current fiscal year.
Oracle Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s dividend 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.
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