Allspring Global Investments Holdings LLC increased its position in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 17.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,216,129 shares of the enterprise software provider’s stock after purchasing an additional 180,024 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Oracle were worth $266,284,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in ORCL. Brighton Jones LLC raised its holdings in Oracle by 189.3% during the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock worth $25,593,000 after purchasing an additional 100,494 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in Oracle by 8.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock worth $903,000 after purchasing an additional 404 shares in the last quarter. GAMMA Investing LLC raised its holdings in Oracle by 8.1% during the first quarter. GAMMA Investing LLC now owns 34,011 shares of the enterprise software provider’s stock worth $4,755,000 after purchasing an additional 2,546 shares in the last quarter. Krilogy Financial LLC purchased a new position in Oracle during the first quarter worth about $1,416,000. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in Oracle by 23.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 575,124 shares of the enterprise software provider’s stock worth $80,408,000 after purchasing an additional 107,547 shares in the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Oracle
In other Oracle news, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction on 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 $5,435,784. This trade represents a 39.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Naomi O. Seligman sold 3,303 shares of Oracle stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total transaction of $770,655.96. Following the completion of the transaction, the director owned 31,447 shares in the company, valued at approximately $7,337,214.04. This trade represents a 9.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 104,314 shares of company stock worth $31,272,223 in the last 90 days. Company insiders own 40.90% of the company’s stock.
Oracle Trading Down 1.3%
Oracle (NYSE:ORCL – Get Free Report) last announced 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). 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 firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter last year, the business earned $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 EPS for the current fiscal year.
Oracle Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued 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 is Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is 46.30%.
Analyst Ratings Changes
Several research firms recently issued reports on ORCL. JPMorgan Chase & Co. increased their price target on shares of Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a report on Monday, September 8th. Scotiabank reissued an “outperform” rating on shares of Oracle in a report on Wednesday, September 10th. Jefferies Financial Group increased their price target on shares of Oracle from $270.00 to $360.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Oppenheimer reaffirmed an “outperform” rating on shares of Oracle in a report on Wednesday, June 18th. Finally, Robert W. Baird assumed coverage on shares of Oracle in a report on Wednesday. They issued an “outperform” rating and a $365.00 target price for the company. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $306.71.
Get Our Latest Stock Analysis on ORCL
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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