Saturna Capital Corp Sells 4,126 Shares of Oracle Corporation $ORCL

Saturna Capital Corp cut its holdings in shares of Oracle Corporation (NYSE:ORCL) by 0.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 953,192 shares of the enterprise software provider’s stock after selling 4,126 shares during the quarter. Oracle makes up 2.8% of Saturna Capital Corp’s investment portfolio, making the stock its 11th largest holding. Saturna Capital Corp’s holdings in Oracle were worth $208,396,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Lockheed Martin Investment Management Co. lifted its position in shares of 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 in the last quarter. Private Wealth Asset Management LLC grew its position in shares of Oracle by 9.2% in the second quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock valued at $835,000 after purchasing an additional 321 shares in the last quarter. Soltis Investment Advisors LLC raised its stake 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 during the period. Cascade Investment Group Inc. purchased a new stake in Oracle during the 2nd quarter worth about $239,000. Finally, Lockerman Financial Group Inc. bought a new position in Oracle in the 2nd quarter worth about $328,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Stock Performance

Shares of NYSE ORCL opened at $220.97 on Wednesday. The stock’s 50-day moving average is $278.80 and its 200 day moving average is $235.46. The stock has a market cap of $629.93 billion, a price-to-earnings ratio of 51.15, a P/E/G ratio of 2.96 and a beta of 1.51. 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.

Oracle (NYSE:ORCL) last issued its quarterly 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 business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, sell-side analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

Insiders Place Their Bets

In other Oracle 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 directly owned 18,429 shares in the company, valued at $5,528,700. This represents a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Naomi O. Seligman sold 2,222 shares of Oracle stock in a transaction dated Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the transaction, the director owned 29,225 shares in the company, valued at approximately $8,443,394.75. This represents a 7.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 204,254 shares of company stock valued at $60,227,807 over the last three months. 40.90% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on ORCL shares. Redburn Partners set a $175.00 price target on Oracle in a research report on Thursday, September 25th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $310.00 target price on shares of Oracle in a research note on Friday, October 17th. Piper Sandler boosted their price target on shares of Oracle from $330.00 to $380.00 and gave the company an “overweight” rating in a research report on Friday, October 17th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Oracle in a report on Thursday, November 13th. Finally, Barclays lifted their price target on Oracle from $367.00 to $400.00 and gave the company an “overweight” rating in a research report on Friday, October 17th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $322.26.

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.