Oracle Corporation $ORCL Holdings Decreased by KRS Capital Management LLC

KRS Capital Management LLC cut its holdings in Oracle Corporation (NYSE:ORCL) by 5.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,255 shares of the enterprise software provider’s stock after selling 595 shares during the quarter. Oracle comprises about 1.5% of KRS Capital Management LLC’s investment portfolio, making the stock its 11th biggest holding. KRS Capital Management LLC’s holdings in Oracle were worth $2,242,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ORCL. Redmont Wealth Advisors LLC acquired a new position in shares of Oracle in the 1st quarter valued at about $27,000. Inlight Wealth Management LLC acquired a new stake in Oracle in the 1st quarter worth approximately $28,000. Iron Horse Wealth Management LLC lifted its holdings in Oracle by 284.9% in the 1st 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 during the last quarter. Legend Financial Advisors Inc. acquired a new stake in Oracle in the 2nd quarter worth approximately $34,000. Finally, HighMark Wealth Management LLC acquired a new position in shares of Oracle during the second quarter worth approximately $38,000. 42.44% of the stock is currently owned by institutional investors.

Oracle Trading Up 2.9%

NYSE ORCL opened at $296.95 on Friday. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The business’s 50-day moving average price is $265.72 and its two-hundred day moving average price is $208.90. The firm has a market capitalization of $846.54 billion, a PE ratio of 68.74, a price-to-earnings-growth ratio of 3.11 and a beta of 1.53.

Oracle (NYSE:ORCL) last announced its quarterly 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 firm had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be given a $0.50 dividend. 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 dividend payout ratio (DPR) is currently 46.30%.

Analyst Upgrades and Downgrades

ORCL has been the topic of a number of research reports. Morgan Stanley boosted their price objective on Oracle from $246.00 to $320.00 and gave the company an “equal weight” rating in a research report on Tuesday, September 23rd. Scotiabank reissued an “outperform” rating on shares of Oracle in a report on Wednesday, September 10th. Bank of America upgraded Oracle from a “neutral” rating to a “buy” rating and raised their price target for the company from $295.00 to $368.00 in a report on Wednesday, September 10th. Oppenheimer reiterated an “outperform” rating on shares of Oracle in a report on Wednesday, June 18th. Finally, UBS Group set a $364.00 target price on Oracle in a research note on Friday, September 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $306.43.

Insider Buying and Selling

In other news, Director Naomi O. Seligman sold 3,303 shares of the business’s stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of the sale, the director owned 31,447 shares of the company’s stock, valued at approximately $7,337,214.04. The trade was a 9.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the transaction, the insider owned 132,656 shares in the company, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their position. The disclosure for this sale can be found here. Insiders sold 104,314 shares of company stock valued at $31,272,223 over the last three months. Insiders own 40.90% of the company’s stock.

Oracle 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.