1,070 Shares in Oracle Corporation $ORCL Acquired by WJ Wealth Management LLC

Key Points

• WJ Wealth Management LLC has acquired 1,070 shares of Oracle Corporation, valued at approximately $234,000, marking a new position in the firm during the second quarter.
• Oracle reported a quarterly revenue of $14.93 billion and earnings per share of $1.47, slightly missing analysts' expectations, while its stock has an average rating of "Moderate Buy".
• The company announced a $0.50 per share quarterly dividend to be paid on October 23rd, with a payout ratio of 46.30%, reflecting ongoing shareholder returns.

WJ Wealth Management LLC acquired a new position in Oracle Corporation (NYSE:ORCL - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,070 shares of the enterprise software provider's stock, valued at approximately $234,000.

Other hedge funds also recently added to or reduced their stakes in the company. Legend Financial Advisors Inc. purchased a new position in Oracle in the 2nd quarter worth approximately $34,000. HighMark Wealth Management LLC purchased a new position in Oracle in the 2nd quarter worth approximately $38,000. Redmont Wealth Advisors LLC purchased a new position in Oracle in the 1st quarter worth approximately $27,000. Inlight Wealth Management LLC purchased a new position in Oracle in the 1st quarter worth approximately $28,000. Finally, Iron Horse Wealth Management LLC raised its holdings in Oracle by 284.9% in 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 during the last quarter. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Jefferies Financial Group boosted their price objective on shares of Oracle from $270.00 to $360.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Scotiabank reiterated an "outperform" rating on shares of Oracle in a research note on Wednesday, September 10th. Baird R W upgraded shares of Oracle to a "strong-buy" rating in a research note on Wednesday, October 8th. Rothschild & Co Redburn initiated coverage on shares of Oracle in a research note on Thursday, September 25th. They set a "sell" rating and a $175.00 target price for the company. Finally, Raymond James Financial reiterated a "strong-buy" rating on shares of Oracle in a research note on Wednesday, June 18th. Three research 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 assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $307.00.

Oracle Trading Up 1.4%

Shares of ORCL stock opened at $303.30 on Thursday. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The firm has a fifty day moving average price of $269.61 and a 200-day moving average price of $213.14. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The company has a market cap of $864.64 billion, a price-to-earnings ratio of 70.21, a PEG ratio of 3.22 and a beta of 1.53.

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

Oracle Announces Dividend

The firm 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 payout ratio is presently 46.30%.

Insider Activity

In other news, EVP Stuart Levey sold 19,758 shares of the business's stock in a transaction on 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 owned 18,429 shares of the company's stock, valued at $5,528,700. The trade was a 51.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the business's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the sale, the insider directly owned 78,000 shares of the company's stock, valued at approximately $23,174,580. The trade was a 21.40% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 120,769 shares of company stock worth $36,428,967. Company insiders own 40.90% of the company's stock.

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.

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