Carnegie Investment Counsel Raises Stock Holdings in Oracle Corporation $ORCL

Carnegie Investment Counsel lifted its holdings in shares of Oracle Corporation (NYSE:ORCL) by 11.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,109 shares of the enterprise software provider’s stock after purchasing an additional 3,908 shares during the quarter. Carnegie Investment Counsel’s holdings in Oracle were worth $8,550,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Redmont Wealth Advisors LLC purchased a new position in shares of Oracle during the first quarter worth about $27,000. Iron Horse Wealth Management LLC grew its holdings 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 worth $29,000 after purchasing an additional 151 shares in the last quarter. LGT Financial Advisors LLC purchased a new position in shares of Oracle during the second quarter worth about $33,000. Legend Financial Advisors Inc. purchased a new stake in Oracle in the second quarter worth approximately $34,000. Finally, HighMark Wealth Management LLC purchased a new stake in Oracle in the second quarter worth approximately $38,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Oracle Stock Performance

NYSE:ORCL opened at $283.45 on Friday. The firm has a market cap of $808.05 billion, a PE ratio of 65.61, a price-to-earnings-growth ratio of 3.01 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 business has a 50 day moving average price of $274.59 and a 200-day moving average price of $220.37.

Oracle (NYSE:ORCL) last released 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). The company had revenue of $14.93 billion for 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%. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period last year, the company posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Thursday, October 9th. Oracle’s dividend payout ratio is currently 46.30%.

Analyst Ratings Changes

Several analysts have issued reports on the company. JPMorgan Chase & Co. upped their target price on Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday, September 8th. BMO Capital Markets set a $355.00 target price on Oracle and gave the stock an “outperform” rating in a research note on Monday, October 13th. JMP Securities reaffirmed a “market outperform” rating and issued a $342.00 target price on shares of Oracle in a research note on Friday, October 17th. TD Cowen upped their target price on Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Finally, Berenberg Bank upped their target price on Oracle from $202.00 to $306.00 and gave the stock a “hold” rating in a research note on Monday, September 15th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $323.69.

Insider Activity at Oracle

In related news, EVP Maria Smith sold 5,000 shares of the company’s 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 transaction, the executive vice president owned 47,083 shares in the company, valued at $13,212,431.46. This represents a 9.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William G. Parrett sold 11,500 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the transaction, the director owned 17,764 shares of the company’s stock, valued at approximately $5,435,784. This represents a 39.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 170,769 shares of company stock valued at $50,297,667 over the last 90 days. Company insiders own 40.90% of the company’s stock.

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.