OneAscent Family Office LLC Grows Stake in Oracle Corporation $ORCL

OneAscent Family Office LLC increased its position in Oracle Corporation (NYSE:ORCLFree Report) by 73.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,990 shares of the enterprise software provider’s stock after acquiring an additional 1,263 shares during the quarter. OneAscent Family Office LLC’s holdings in Oracle were worth $654,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. 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 buying an additional 151 shares during the period. LGT Financial Advisors LLC purchased a new position in Oracle during the second quarter valued at approximately $33,000. Legend Financial Advisors Inc. bought a new stake in Oracle during the 2nd quarter worth approximately $34,000. HighMark Wealth Management LLC bought a new stake in Oracle during the 2nd quarter worth approximately $38,000. Finally, Graybill Wealth Management LTD. purchased a new stake in Oracle in the 1st quarter worth approximately $39,000. Institutional investors own 42.44% of the company’s stock.

Oracle Trading Up 0.8%

ORCL stock opened at $250.26 on Thursday. The company has a market capitalization of $713.44 billion, a PE ratio of 57.93, a price-to-earnings-growth ratio of 2.96 and a beta of 1.53. 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 Corporation has a one year low of $118.86 and a one year high of $345.72. The company’s 50 day moving average price is $278.97 and its two-hundred day moving average price is $228.97.

Oracle (NYSE:ORCLGet Free Report) last released its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The business had revenue of $14.93 billion for the quarter, compared to the consensus estimate 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 period in the prior year, the business posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, October 9th. Oracle’s payout ratio is 46.30%.

Analysts Set New Price Targets

ORCL has been the topic of a number of recent analyst reports. Scotiabank increased their price objective on Oracle from $350.00 to $360.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. Citigroup reaffirmed a “buy” rating on shares of Oracle in a report on Friday, October 10th. Robert W. Baird assumed coverage on Oracle in a research report on Wednesday, October 8th. They set an “outperform” rating and a $365.00 price target for the company. Wolfe Research upped their price objective on shares of Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 10th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $320.00 target price on shares of Oracle in a research note on Monday, October 20th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $323.69.

Get Our Latest Analysis on ORCL

Insider Transactions at Oracle

In other news, EVP Maria Smith sold 5,000 shares of the stock in a transaction that occurred on Thursday, October 23rd. The stock was sold at an average price of $280.62, for a total transaction of $1,403,100.00. Following the completion of the sale, the executive vice president owned 47,083 shares of the company’s stock, valued at approximately $13,212,431.46. This represents a 9.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Naomi O. Seligman sold 2,222 shares of the firm’s stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the transaction, the director owned 29,225 shares in the company, valued at $8,443,394.75. This represents a 7.07% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 204,254 shares of company stock valued at $60,227,807. Insiders own 40.90% of the company’s stock.

Oracle Company 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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