WealthPLAN Partners LLC Increases Position in Oracle Corporation $ORCL

WealthPLAN Partners LLC lifted its holdings in shares of Oracle Corporation (NYSE:ORCL) by 2.2% during the second quarter, Holdings Channel reports. The fund owned 3,789 shares of the enterprise software provider’s stock after purchasing an additional 82 shares during the quarter. WealthPLAN Partners LLC’s holdings in Oracle were worth $828,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of ORCL. Reyes Financial Architecture Inc. boosted its holdings in Oracle by 7.2% in the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock worth $141,000 after purchasing an additional 43 shares in the last quarter. Creative Capital Management Investments LLC boosted its holdings in Oracle by 5.7% in the second quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock worth $174,000 after purchasing an additional 43 shares in the last quarter. MFA Wealth Services boosted its holdings in Oracle by 1.0% in the second quarter. MFA Wealth Services now owns 4,563 shares of the enterprise software provider’s stock worth $998,000 after purchasing an additional 43 shares in the last quarter. Davis Investment Partners LLC boosted its holdings in Oracle by 0.7% in the second quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider’s stock worth $1,517,000 after purchasing an additional 46 shares in the last quarter. Finally, Acropolis Investment Management LLC boosted its holdings in Oracle by 2.6% in the second quarter. Acropolis Investment Management LLC now owns 1,850 shares of the enterprise software provider’s stock worth $404,000 after purchasing an additional 47 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ORCL has been the subject of a number of recent research reports. Cantor Fitzgerald upped their price objective on shares of Oracle from $271.00 to $400.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. Robert W. Baird initiated coverage on shares of Oracle in a report on Wednesday, October 8th. They issued an “outperform” rating and a $365.00 price objective for the company. Weiss Ratings upgraded shares of Oracle from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 8th. TD Cowen upped their price objective on shares of Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Finally, Evercore ISI boosted their target price on shares of Oracle from $340.00 to $350.00 and gave the stock an “outperform” rating in a research report on Friday, October 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $307.00.

Oracle Stock Up 1.4%

Oracle stock opened at $303.30 on Thursday. The firm has a market cap of $864.64 billion, a price-to-earnings ratio of 70.21, a P/E/G ratio of 3.22 and a beta of 1.53. 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 fifty-two week low of $118.86 and a fifty-two week high of $345.72. The firm has a fifty day moving average price of $269.61 and a two-hundred day moving average price of $213.14.

Oracle (NYSE:ORCL) last announced its quarterly earnings data 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 analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. Oracle’s dividend payout ratio is currently 46.30%.

Insider Buying and Selling at Oracle

In other news, Director Naomi O. Seligman sold 2,222 shares of the company’s stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the transaction, the director owned 29,225 shares of the company’s stock, valued at approximately $8,443,394.75. This represents a 7.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 transaction, the executive vice president directly owned 18,429 shares of the company’s stock, valued at $5,528,700. This represents a 51.74% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 120,769 shares of company stock valued at $36,428,967 in the last three months. Company insiders own 40.90% of the company’s stock.

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.