SageView Advisory Group LLC Purchases 3,939 Shares of Oracle Corporation $ORCL

SageView Advisory Group LLC lifted its position in Oracle Corporation (NYSE:ORCL) by 25.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,222 shares of the enterprise software provider’s stock after purchasing an additional 3,939 shares during the quarter. SageView Advisory Group LLC’s holdings in Oracle were worth $4,203,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Norges Bank purchased a new stake in Oracle in the second quarter worth approximately $4,275,378,000. Nuveen LLC bought a new stake in shares of Oracle in the 1st quarter worth approximately $732,692,000. Vanguard Group Inc. lifted its holdings in shares of Oracle by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 164,278,874 shares of the enterprise software provider’s stock worth $35,916,290,000 after acquiring an additional 3,353,461 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Oracle in the 2nd quarter valued at $731,512,000. Finally, Invesco Ltd. grew its holdings in shares of Oracle by 42.1% during the 2nd quarter. Invesco Ltd. now owns 8,839,166 shares of the enterprise software provider’s stock valued at $1,932,507,000 after purchasing an additional 2,619,722 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Jeffrey Berg sold 49,365 shares of the stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $283.02, for a total value of $13,971,282.30. Following the completion of the transaction, the director directly owned 151,999 shares of the company’s stock, valued at $43,018,756.98. This represents a 24.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the firm’s stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $276.64, for a total transaction of $11,065,600.00. Following the completion of the sale, the chief executive officer owned 154,030 shares of the company’s stock, valued at $42,610,859.20. This trade represents a 20.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 204,254 shares of company stock worth $60,227,807. Company insiders own 40.90% of the company’s stock.

Oracle Stock Up 1.7%

Shares of NYSE:ORCL opened at $218.04 on Friday. The stock’s 50-day moving average is $253.08 and its 200 day moving average is $238.98. The company has a market cap of $621.59 billion, a PE ratio of 50.47, a P/E/G ratio of 2.43 and a beta of 1.66. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick 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 quarterly earnings data 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the prior year, the business posted $1.39 earnings per share. Oracle’s quarterly revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, October 9th. Oracle’s payout ratio is presently 46.30%.

Analysts Set New Price Targets

ORCL has been the topic of a number of analyst reports. Erste Group Bank cut shares of Oracle from a “buy” rating to a “hold” rating in a research report on Monday, November 10th. Morgan Stanley raised their price objective on Oracle from $246.00 to $320.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 23rd. Cantor Fitzgerald boosted their target price on Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. Wells Fargo & Company began coverage on Oracle in a report on Wednesday. They set an “overweight” rating and a $280.00 target price for the company. Finally, Barclays raised their price target on Oracle from $367.00 to $400.00 and gave the stock an “overweight” rating in a research report on Friday, October 17th. Four analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $322.73.

About Oracle

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.