Wellington Shields Capital Management LLC Grows Stake in Oracle Corporation $ORCL

Wellington Shields Capital Management LLC boosted its holdings in Oracle Corporation (NYSE:ORCL) by 11.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,076 shares of the enterprise software provider’s stock after purchasing an additional 304 shares during the quarter. Wellington Shields Capital Management LLC’s holdings in Oracle were worth $673,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Iron Horse Wealth Management LLC raised its stake in Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after acquiring an additional 151 shares in the last quarter. LGT Financial Advisors LLC purchased a new position in shares of Oracle during the second quarter worth about $33,000. Legend Financial Advisors Inc. acquired a new stake in shares of Oracle during the second quarter worth about $34,000. HighMark Wealth Management LLC purchased a new stake in shares of Oracle in the 2nd quarter valued at about $38,000. Finally, Graybill Wealth Management LTD. acquired a new stake in shares of Oracle in the 1st quarter valued at about $39,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Activity at Oracle

In other news, Director Jeffrey Berg sold 49,365 shares of the business’s stock in a transaction that occurred on 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 owned 151,999 shares of the company’s stock, valued at $43,018,756.98. The trade was a 24.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of the business’s stock in a transaction on Friday, September 26th. The shares were 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 of the company’s stock, valued at $8,443,394.75. This trade represents a 7.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 220,134 shares of company stock worth $64,268,949 over the last three months. Company insiders own 40.90% of the company’s stock.

Oracle Stock Up 2.2%

ORCL stock opened at $262.60 on Monday. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a market cap of $748.62 billion, a P/E ratio of 60.79, a P/E/G ratio of 2.96 and a beta of 1.53. The company’s 50-day moving average price is $277.97 and its 200 day moving average price is $227.06. 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 posted its earnings results 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 firm 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%. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period last year, the company posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, October 9th. Oracle’s payout ratio is 46.30%.

Analysts Set New Price Targets

ORCL has been the subject of a number of research reports. Rothschild & Co Redburn began coverage on Oracle in a research note on Thursday, September 25th. They issued a “sell” rating and a $175.00 price objective for the company. Redburn Partners set a $175.00 price target on shares of Oracle in a research report on Thursday, September 25th. UBS Group increased their price target on shares of Oracle from $360.00 to $380.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. Baird R W raised shares of Oracle to a “strong-buy” rating in a report on Wednesday, October 8th. Finally, Scotiabank raised their price target on Oracle from $350.00 to $360.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $323.69.

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.