Retirement Planning Group LLC Buys 290 Shares of Oracle Corporation $ORCL

Retirement Planning Group LLC grew its stake in Oracle Corporation (NYSE:ORCL) by 8.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,689 shares of the enterprise software provider’s stock after acquiring an additional 290 shares during the period. Retirement Planning Group LLC’s holdings in Oracle were worth $807,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LGT Financial Advisors LLC bought a new position in shares of Oracle during the second quarter valued at approximately $33,000. Legend Financial Advisors Inc. bought a new position in shares of Oracle during the second quarter valued at approximately $34,000. HighMark Wealth Management LLC bought a new position in shares of Oracle during the second quarter valued at approximately $38,000. Redmont Wealth Advisors LLC bought a new position in shares of Oracle during the first quarter valued at approximately $27,000. Finally, Iron Horse Wealth Management LLC boosted its stake in shares of Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after purchasing an additional 151 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors.

Oracle Stock Down 0.9%

ORCL opened at $272.81 on Thursday. The stock has a market capitalization of $777.71 billion, a price-to-earnings ratio of 63.15, a PEG ratio of 2.96 and a beta of 1.53. The company has a fifty day moving average of $273.18 and a two-hundred day moving average of $218.22. 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 fifty-two week low of $118.86 and a fifty-two week high of $345.72.

Oracle (NYSE:ORCL) last released its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The company had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

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. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s dividend payout ratio is currently 46.30%.

Wall Street Analysts Forecast Growth

ORCL has been the topic of a number of recent research reports. JMP Securities reiterated a “market outperform” rating and set a $342.00 price objective on shares of Oracle in a research note on Friday, October 17th. Barclays raised their target price on shares of Oracle from $367.00 to $400.00 and gave the company an “overweight” rating in a research note on Friday, October 17th. UBS Group raised their target price on shares of Oracle from $360.00 to $380.00 and gave the company a “buy” rating in a research note on Friday, October 17th. Royal Bank Of Canada restated a “sector perform” rating and issued a $310.00 target price on shares of Oracle in a research note on Friday, October 17th. Finally, William Blair restated an “outperform” rating on shares of Oracle in a research note on Friday, October 17th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $323.69.

Insider Activity at Oracle

In related news, EVP Stuart Levey sold 19,758 shares of the company’s stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the completion of the sale, the executive vice president owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. This represents a 51.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Clayton M. Magouyrk sold 21,241 shares of the business’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of the transaction, the insider owned 78,000 shares in the company, valued at $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 120,769 shares of company stock worth $36,428,967 in the last 90 days. 40.90% of the stock is owned by insiders.

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.