Resonant Capital Advisors LLC Has $5.60 Million Position in Oracle Corporation $ORCL

Resonant Capital Advisors LLC trimmed its stake in shares of Oracle Corporation (NYSE:ORCL) by 12.8% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 25,604 shares of the enterprise software provider’s stock after selling 3,745 shares during the quarter. Resonant Capital Advisors LLC’s holdings in Oracle were worth $5,598,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of ORCL. Redmont Wealth Advisors LLC bought a new stake in Oracle during the first quarter worth about $27,000. Iron Horse Wealth Management LLC increased 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 valued at $29,000 after buying an additional 151 shares during the period. LGT Financial Advisors LLC acquired a new position in shares of Oracle in the 2nd quarter valued at approximately $33,000. Legend Financial Advisors Inc. bought a new stake in shares of Oracle during the 2nd quarter worth approximately $34,000. Finally, HighMark Wealth Management LLC acquired a new stake in shares of Oracle during the 2nd quarter worth approximately $38,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ORCL. 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 research note on Monday, September 15th. Weiss Ratings lowered Oracle from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday. Barclays upped their price objective on Oracle from $367.00 to $400.00 and gave the stock an “overweight” rating in a research report on Friday, October 17th. Robert W. Baird initiated coverage on Oracle in a research note on Wednesday, October 8th. They issued an “outperform” rating and a $365.00 price objective on the stock. Finally, Sanford C. Bernstein boosted their target price on Oracle from $363.00 to $364.00 and gave the stock an “outperform” rating in a research note on Friday, September 26th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $323.69.

Insider Activity

In other Oracle news, CEO Clayton M. Magouyrk sold 40,000 shares of the company’s stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $276.64, for a total value of $11,065,600.00. Following the sale, the chief executive officer owned 154,030 shares in the company, valued at approximately $42,610,859.20. The trade was a 20.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Stuart Levey sold 19,758 shares of the firm’s stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $300.00, for a total value of $5,927,400.00. Following the transaction, the executive vice president owned 18,429 shares of the company’s stock, valued at $5,528,700. This trade represents a 51.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 170,769 shares of company stock worth $50,297,667. 40.90% of the stock is owned by corporate insiders.

Oracle Stock Performance

NYSE:ORCL opened at $283.45 on Friday. The stock’s 50-day moving average is $274.59 and its 200-day moving average is $221.04. Oracle Corporation has a 1-year low of $118.86 and a 1-year 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 stock has a market cap of $808.05 billion, a P/E ratio of 65.61, a price-to-earnings-growth ratio of 3.04 and a beta of 1.53.

Oracle (NYSE:ORCL) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 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 quarter in the prior year, the business earned $1.39 earnings per share. The firm’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. Equities research analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, October 9th. Oracle’s dividend payout ratio (DPR) 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.