SCS Capital Management LLC Buys 41,479 Shares of Oracle Corporation $ORCL

SCS Capital Management LLC boosted its stake in shares of Oracle Corporation (NYSE:ORCL) by 122.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 75,477 shares of the enterprise software provider’s stock after buying an additional 41,479 shares during the quarter. SCS Capital Management LLC’s holdings in Oracle were worth $16,502,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Winnow Wealth LLC bought a new stake in Oracle during the second quarter worth $28,000. Kilter Group LLC acquired a new position in Oracle during the second quarter worth approximately $30,000. LGT Financial Advisors LLC bought a new position in shares of Oracle during the 2nd quarter worth approximately $33,000. Legend Financial Advisors Inc. acquired a new position in shares of Oracle during the 2nd quarter worth approximately $34,000. Finally, HighMark Wealth Management LLC bought a new stake in Oracle in the 2nd quarter valued at $38,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ORCL. Redburn Partners set a $175.00 price target on Oracle in a report on Thursday, September 25th. JMP Securities restated a “market outperform” rating and set a $342.00 target price on shares of Oracle in a research note on Friday, October 17th. HSBC reaffirmed a “buy” rating and set a $382.00 target price on shares of Oracle in a report on Wednesday, November 26th. Piper Sandler raised their price objective on shares of Oracle from $330.00 to $380.00 and gave the stock an “overweight” rating in a research report on Friday, October 17th. Finally, Cowen restated a “buy” rating on shares of Oracle in a report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $322.73.

Oracle Trading Up 3.2%

Shares of ORCL stock opened at $214.32 on Friday. The stock has a market cap of $610.98 billion, a P/E ratio of 49.61, a price-to-earnings-growth ratio of 2.35 and a beta of 1.66. 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 50 day simple moving average of $254.39 and a 200 day simple moving average of $238.57.

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

Oracle Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.9%. Oracle’s dividend payout ratio is currently 46.30%.

Insider Buying and Selling

In other Oracle news, EVP Stuart Levey sold 19,758 shares of the firm’s stock in a transaction on 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 sale, the executive vice president owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the transaction, the insider directly owned 132,656 shares of the company’s stock, valued at $42,603,800.96. This trade represents a 20.33% decrease in their position. 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. 40.90% of the stock is owned by company insiders.

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.