CNB Bank Buys 54 Shares of Oracle Corporation $ORCL

CNB Bank lifted its position in Oracle Corporation (NYSE:ORCL) by 0.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,251 shares of the enterprise software provider’s stock after acquiring an additional 54 shares during the period. CNB Bank’s holdings in Oracle were worth $1,367,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. Sage Mountain Advisors LLC raised its holdings in shares of Oracle by 7.8% in the second quarter. Sage Mountain Advisors LLC now owns 14,413 shares of the enterprise software provider’s stock valued at $3,151,000 after purchasing an additional 1,043 shares during the last quarter. Washington Trust Advisors Inc. raised its holdings in shares of Oracle by 1.9% in the second quarter. Washington Trust Advisors Inc. now owns 2,385 shares of the enterprise software provider’s stock valued at $521,000 after purchasing an additional 44 shares during the last quarter. Lee Danner & Bass Inc. raised its holdings in shares of Oracle by 0.4% in the second quarter. Lee Danner & Bass Inc. now owns 44,431 shares of the enterprise software provider’s stock valued at $9,714,000 after purchasing an additional 199 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of Oracle by 3.9% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,654,478 shares of the enterprise software provider’s stock valued at $1,017,609,000 after purchasing an additional 172,578 shares during the last quarter. Finally, MN Wealth Advisors LLC raised its holdings in shares of Oracle by 4.9% in the second quarter. MN Wealth Advisors LLC now owns 1,951 shares of the enterprise software provider’s stock valued at $427,000 after purchasing an additional 92 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ORCL. DA Davidson raised their target price on shares of Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a research note on Wednesday, September 10th. Berenberg Bank raised their target price on shares of Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a research note on Monday, September 15th. Rothschild Redb raised shares of Oracle to a “strong sell” rating in a research note on Thursday, September 25th. Wolfe Research raised their target price on shares of Oracle from $300.00 to $400.00 and gave the company an “outperform” rating in a research note on Wednesday, September 10th. Finally, BNP Paribas set a $377.00 target price on shares of Oracle in a research note on Wednesday, September 10th. Three investment 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $323.69.

Oracle Stock Up 1.2%

ORCL stock opened at $283.45 on Friday. The company 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. The business has a 50-day simple moving average of $274.59 and a 200 day simple moving average of $220.37. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL) last posted its quarterly earnings results 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 during the quarter, compared to analyst estimates of $15.04 billion. During the same quarter in the previous year, the business posted $1.39 earnings per share. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were paid a $0.50 dividend. 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 (DPR) is presently 46.30%.

Insider Buying and Selling

In other news, EVP Stuart Levey sold 19,758 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $300.00, for a total value of $5,927,400.00. Following the sale, the executive vice president directly owned 18,429 shares in the company, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Maria Smith sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total value of $1,403,100.00. Following the completion of the transaction, the executive vice president directly owned 47,083 shares of the company’s stock, valued at $13,212,431.46. This represents a 9.60% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 170,769 shares of company stock worth $50,297,667 in the last quarter. Corporate insiders own 40.90% of the company’s stock.

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.