Field & Main Bank Has $4.13 Million Holdings in Oracle Corporation $ORCL

Field & Main Bank raised its position in Oracle Corporation (NYSE:ORCL) by 0.4% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 18,910 shares of the enterprise software provider’s stock after acquiring an additional 70 shares during the period. Oracle comprises 1.3% of Field & Main Bank’s portfolio, making the stock its 21st biggest position. Field & Main Bank’s holdings in Oracle were worth $4,134,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. raised its stake in Oracle by 71.6% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock valued at $35,984,000 after buying an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. boosted its stake in shares of Oracle by 4.3% during the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock worth $7,179,000 after acquiring an additional 2,110 shares during the period. Private Wealth Asset Management LLC increased its holdings in shares of Oracle by 9.2% during the 2nd quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock worth $835,000 after acquiring an additional 321 shares during the last quarter. Cascade Investment Group Inc. bought a new stake in Oracle in the 2nd quarter valued at $239,000. Finally, Lockerman Financial Group Inc. acquired a new stake in Oracle during the 2nd quarter valued at $328,000. 42.44% of the stock is owned by institutional investors.

Oracle Trading Down 2.0%

Shares of NYSE:ORCL opened at $275.20 on Thursday. The business’s 50 day simple moving average is $276.97 and its 200 day simple moving average is $224.63. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The company has a market capitalization of $784.54 billion, a P/E ratio of 63.70, a P/E/G ratio of 3.02 and a beta of 1.53.

Oracle (NYSE:ORCL) last released its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.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 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders 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 of this dividend was Thursday, October 9th. Oracle’s dividend payout ratio is 46.30%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on ORCL shares. JPMorgan Chase & Co. upped their price objective on shares of Oracle from $185.00 to $210.00 and gave the company a “neutral” rating in a report on Monday, September 8th. Mizuho lifted their target price on shares of Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Robert W. Baird began coverage on shares of Oracle in a report on Wednesday, October 8th. They issued an “outperform” rating and a $365.00 price target on the stock. Rothschild Redb upgraded shares of Oracle to a “strong sell” rating in a research report on Thursday, September 25th. Finally, Wolfe Research upped their target price on Oracle from $300.00 to $400.00 and gave the company an “outperform” rating in a research report on Wednesday, September 10th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Oracle presently has an average rating of “Moderate Buy” and a consensus target price of $323.69.

Insider Buying and Selling at Oracle

In other Oracle news, Director Naomi O. Seligman sold 2,222 shares of the company’s stock in a transaction 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 sale, the director directly owned 29,225 shares in the company, valued at $8,443,394.75. This represents a 7.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Clayton M. Magouyrk sold 40,000 shares of Oracle stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $276.64, for a total value of $11,065,600.00. Following the completion of the transaction, the chief executive officer owned 154,030 shares in the company, valued at approximately $42,610,859.20. The trade was a 20.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 170,769 shares of company stock worth $50,297,667 in the last three months. Company 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.