Beverly Hills Private Wealth LLC decreased its holdings in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 2.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,449 shares of the enterprise software provider’s stock after selling 131 shares during the quarter. Beverly Hills Private Wealth LLC’s holdings in Oracle were worth $973,000 at the end of the most recent quarter.
Other institutional investors also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC acquired a new position in Oracle during the 1st quarter valued at $27,000. Inlight Wealth Management LLC acquired a new stake in Oracle in the 1st quarter worth $28,000. Iron Horse Wealth Management LLC raised 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 last quarter. Legend Financial Advisors Inc. acquired a new position in shares of Oracle during the second quarter valued at about $34,000. Finally, HighMark Wealth Management LLC bought a new stake in shares of Oracle in the second quarter valued at about $38,000. 42.44% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on ORCL. Robert W. Baird began coverage on Oracle in a research note on Wednesday, October 8th. They set an “outperform” rating and a $365.00 price target on the stock. BMO Capital Markets set a $355.00 price objective on Oracle and gave the company an “outperform” rating in a research report on Monday, October 13th. DA Davidson raised their target price on Oracle from $220.00 to $300.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 10th. Cowen reiterated a “buy” rating on shares of Oracle in a research note on Friday. Finally, Stephens increased their price objective on shares of Oracle from $208.00 to $331.00 and gave the company an “equal weight” rating in a research note on Friday. 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 company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $323.40.
Oracle Stock Down 6.7%
Shares of NYSE ORCL opened at $291.95 on Monday. Oracle Corporation has a 52-week low of $118.86 and a 52-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 business has a fifty day moving average of $271.71 and a two-hundred day moving average of $216.40. The stock has a market cap of $832.28 billion, a PE ratio of 67.58, a PEG ratio of 3.14 and a beta of 1.53.
Oracle (NYSE:ORCL – Get Free Report) last posted its 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same period in the previous year, the company posted $1.39 EPS. The firm’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, equities research analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.
Oracle Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be paid a $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. Oracle’s payout ratio is 46.30%.
Insider Buying and Selling
In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction on 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 transaction, the insider owned 132,656 shares in the company, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their position. The sale 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 stock in a transaction on 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 have sold a total of 120,769 shares of company stock valued at $36,428,967 in the last ninety days. 40.90% of the stock is owned by corporate insiders.
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.
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