Oracle Corporation $ORCL Shares Sold by Cumberland Partners Ltd

Cumberland Partners Ltd reduced its stake in shares of Oracle Corporation (NYSE:ORCL) by 18.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,695 shares of the enterprise software provider’s stock after selling 8,090 shares during the period. Cumberland Partners Ltd’s holdings in Oracle were worth $7,804,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Lockheed Martin Investment Management Co. grew its holdings in Oracle by 4.3% during the first 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 grew its stake 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 purchasing an additional 321 shares during the period. Soltis Investment Advisors LLC increased its holdings in shares of Oracle by 4.8% during the 2nd quarter. Soltis Investment Advisors LLC now owns 32,937 shares of the enterprise software provider’s stock valued at $7,201,000 after purchasing an additional 1,515 shares in the last quarter. Cascade Investment Group Inc. acquired a new position in shares of Oracle in the 2nd quarter valued at $239,000. Finally, Lockerman Financial Group Inc. purchased a new stake in Oracle during the second quarter worth $328,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Oracle news, CEO Clayton M. Magouyrk sold 40,000 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 154,030 shares in the company, valued at $42,610,859.20. The trade was a 20.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the firm’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the sale, the insider owned 132,656 shares of the company’s stock, valued at $42,603,800.96. This represents a 20.33% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 204,254 shares of company stock worth $60,227,807. Insiders own 40.90% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on ORCL shares. Berenberg Bank lifted their price objective on shares of Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a report on Monday, September 15th. Piper Sandler lifted their price target on Oracle from $330.00 to $380.00 and gave the company an “overweight” rating in a research note on Friday, October 17th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $310.00 price target on shares of Oracle in a research report on Friday, October 17th. BNP Paribas set a $377.00 price objective on Oracle in a research report on Wednesday, September 10th. Finally, UBS Group upped their target price on Oracle from $360.00 to $380.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $322.26.

Oracle Stock Up 2.2%

Shares of ORCL opened at $225.39 on Thursday. The stock has a 50 day moving average price of $276.74 and a 200 day moving average price of $235.39. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The stock has a market capitalization of $642.54 billion, a price-to-earnings ratio of 52.17, a PEG ratio of 2.96 and a beta of 1.51.

Oracle (NYSE:ORCL) last announced 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same period last year, the firm earned $1.39 EPS. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The business 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 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Thursday, October 9th. Oracle’s payout ratio is currently 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.