VCI Wealth Management LLC lifted its stake in Oracle Corporation (NYSE:ORCL – Free Report) by 10.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,004 shares of the enterprise software provider’s stock after acquiring an additional 955 shares during the period. VCI Wealth Management LLC’s holdings in Oracle were worth $2,187,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Klingman & Associates LLC lifted its holdings in Oracle by 15.5% during the 2nd quarter. Klingman & Associates LLC now owns 14,215 shares of the enterprise software provider’s stock worth $3,108,000 after purchasing an additional 1,904 shares in the last quarter. Mills Wealth Advisors LLC bought a new stake in shares of Oracle during the second quarter valued at about $292,000. Pittenger & Anderson Inc. lifted its holdings in shares of Oracle by 35.3% in the second quarter. Pittenger & Anderson Inc. now owns 61,094 shares of the enterprise software provider’s stock worth $13,357,000 after buying an additional 15,955 shares in the last quarter. WESPAC Advisors SoCal LLC bought a new position in shares of Oracle in the second quarter valued at approximately $6,914,000. Finally, DekaBank Deutsche Girozentrale boosted its position in shares of Oracle by 2.1% in the second quarter. DekaBank Deutsche Girozentrale now owns 1,354,438 shares of the enterprise software provider’s stock valued at $291,125,000 after acquiring an additional 27,908 shares during the period. 42.44% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on ORCL shares. Piper Sandler upped their target price on shares of Oracle from $330.00 to $380.00 and gave the stock an “overweight” rating in a report on Friday. Rothschild Redb raised shares of Oracle to a “strong sell” rating in a report on Thursday, September 25th. Stephens lifted their price objective on Oracle from $208.00 to $331.00 and gave the company an “equal weight” rating in a research note on Friday. Redburn Partners set a $175.00 target price on Oracle in a research report on Thursday, September 25th. Finally, Baird R W raised Oracle to a “strong-buy” rating in a report on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $323.69.
Insider Buying and Selling
In other news, EVP Stuart Levey sold 19,758 shares of Oracle 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 in the company, valued at approximately $5,528,700. The trade was a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Naomi O. Seligman sold 2,222 shares of the stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the sale, the director owned 29,225 shares of the company’s stock, valued at $8,443,394.75. This represents a 7.07% 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 over the last 90 days. Insiders own 40.90% of the company’s stock.
Oracle Price Performance
Shares of Oracle stock opened at $276.93 on Tuesday. The firm has a market capitalization of $789.47 billion, a PE ratio of 64.10, a price-to-earnings-growth ratio of 3.14 and a beta of 1.53. 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 Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The business’s 50-day moving average price is $272.19 and its 200-day moving average price is $217.44.
Oracle (NYSE:ORCL – Get Free Report) last issued its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (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 firm had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. During the same period in the prior year, the company earned $1.39 EPS. The firm’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 forecast that Oracle Corporation will post 5 EPS for the current fiscal year.
Oracle Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. Oracle’s dividend payout ratio (DPR) is currently 46.30%.
Oracle 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.
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