J. Safra Sarasin Holding AG raised its stake in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 5.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,834 shares of the enterprise software provider’s stock after acquiring an additional 707 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Oracle were worth $3,025,000 as of its most recent filing with the SEC.
Other large investors have also bought and sold shares of the company. Sageworth Trust Co bought a new position in Oracle in the 2nd quarter valued at $262,000. Metropolis Capital Ltd bought a new position in shares of Oracle in the second quarter valued at about $54,605,000. ASR Vermogensbeheer N.V. lifted its position in Oracle by 1.1% during the 2nd quarter. ASR Vermogensbeheer N.V. now owns 172,771 shares of the enterprise software provider’s stock worth $37,771,000 after buying an additional 1,919 shares in the last quarter. CHURCHILL MANAGEMENT Corp increased its holdings in shares of Oracle by 1.8% in the second quarter. CHURCHILL MANAGEMENT Corp now owns 23,336 shares of the enterprise software provider’s stock valued at $5,102,000 after purchasing an additional 402 shares in the last quarter. Finally, EWA LLC raised its position in shares of Oracle by 5.0% during the second quarter. EWA LLC now owns 3,415 shares of the enterprise software provider’s stock worth $747,000 after acquiring an additional 162 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on ORCL. JPMorgan Chase & Co. raised their price objective on shares of Oracle from $185.00 to $210.00 and gave the company a “neutral” rating in a research note on Monday, September 8th. Morgan Stanley boosted their target price on Oracle from $246.00 to $320.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 23rd. Cantor Fitzgerald lifted their price objective on Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. Rothschild & Co Redburn started coverage on Oracle in a research report on Thursday, September 25th. They set a “sell” rating and a $175.00 price objective for the company. Finally, Rothschild Redb raised Oracle to a “strong sell” rating in a research report on Thursday, September 25th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Oracle presently has a consensus rating of “Moderate Buy” and a consensus price target of $304.71.
Oracle Trading Up 0.1%
Oracle stock opened at $289.18 on Friday. The stock has a 50-day simple moving average of $261.71 and a 200 day simple moving average of $204.17. The stock has a market capitalization of $824.39 billion, a P/E ratio of 66.94, a PEG ratio of 3.11 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 52 week low of $118.86 and a 52 week high of $345.72.
Oracle (NYSE:ORCL – Get Free Report) last released its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) 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 business had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same period in the previous year, the business earned $1.39 earnings per share. The business’s quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts expect that Oracle Corporation will post 5 earnings per share for the current year.
Oracle Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s payout ratio is 46.30%.
Insider Transactions at Oracle
In related news, Director William G. Parrett sold 11,500 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $5,435,784. This represents a 39.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the transaction, the insider directly owned 132,656 shares in the company, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 104,314 shares of company stock valued at $31,272,223. Corporate insiders own 42.20% 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.
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