Oracle Corporation $ORCL is Franklin Street Advisors Inc. NC’s 9th Largest Position

Franklin Street Advisors Inc. NC trimmed its holdings in shares of Oracle Corporation (NYSE:ORCL) by 0.2% in the second quarter, Holdings Channel reports. The firm owned 185,031 shares of the enterprise software provider’s stock after selling 457 shares during the period. Oracle makes up 2.5% of Franklin Street Advisors Inc. NC’s portfolio, making the stock its 9th biggest position. Franklin Street Advisors Inc. NC’s holdings in Oracle were worth $40,453,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. boosted its position in Oracle by 71.6% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock worth $35,984,000 after purchasing an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. boosted its position in Oracle by 4.3% in the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock valued at $7,179,000 after buying an additional 2,110 shares during the last quarter. Lockerman Financial Group Inc. purchased a new position in Oracle in the 2nd quarter valued at about $328,000. Elser Financial Planning Inc purchased a new position in Oracle in the 2nd quarter valued at about $1,066,000. Finally, Canoe Financial LP boosted its position in Oracle by 314.8% in the 2nd quarter. Canoe Financial LP now owns 484,098 shares of the enterprise software provider’s stock valued at $105,838,000 after buying an additional 367,400 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Naomi O. Seligman sold 2,222 shares of the stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the sale, the director 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Rona Alison Fairhead acquired 480 shares of the company’s stock in a transaction that occurred on Monday, July 7th. The shares were acquired at an average price of $233.87 per share, for a total transaction of $112,257.60. Following the purchase, the director owned 22,110 shares of the company’s stock, valued at $5,170,865.70. This trade represents a 2.22% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 104,314 shares of company stock valued at $31,272,223 over the last quarter. Corporate insiders own 42.20% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on ORCL. 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 research report on Monday, September 8th. UBS Group set a $364.00 price objective on shares of Oracle in a research report on Friday, September 26th. Jefferies Financial Group upped their price objective on shares of Oracle from $270.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Citigroup reissued an “outperform” rating on shares of Oracle in a research report on Wednesday, September 10th. Finally, Royal Bank Of Canada upped their price objective on shares of Oracle from $145.00 to $195.00 and gave the company a “sector perform” rating in a research report on Thursday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $304.71.

Oracle Stock Performance

Shares of Oracle stock opened at $286.23 on Friday. The firm has a market cap of $815.99 billion, a PE ratio of 66.26, a price-to-earnings-growth ratio of 3.11 and a beta of 1.53. The firm’s 50-day simple moving average is $262.53 and its 200-day simple moving average is $205.11. 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 1 year low of $118.86 and a 1 year high of $345.72.

Oracle (NYSE:ORCL) last issued its earnings results 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). The company had revenue of $14.93 billion during the quarter, compared to analyst estimates 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 quarter last year, the company posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

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

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.