1,352 Shares in Oracle Corporation $ORCL Acquired by McElhenny Sheffield Capital Management LLC

Key Points

• McElhenny Sheffield Capital Management LLC purchased 1,352 shares of Oracle Corporation valued at approximately $296,000 during the 2nd quarter, as reported in their recent SEC filing.
• Insider Michael D. Sicilia sold 33,845 shares for over $10.86 million on September 23rd, marking a 20.33% decrease in his ownership position.
• Oracle announced a quarterly dividend of $0.50, with an ex-dividend date of October 9th, representing a 0.7% yield on an annualized basis.

McElhenny Sheffield Capital Management LLC purchased a new position in Oracle Corporation (NYSE:ORCL - Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,352 shares of the enterprise software provider's stock, valued at approximately $296,000.

Several other hedge funds have also bought and sold shares of ORCL. Redmont Wealth Advisors LLC purchased a new stake in Oracle in the 1st quarter worth approximately $27,000. Inlight Wealth Management LLC purchased a new stake in Oracle in the 1st quarter worth approximately $28,000. Iron Horse Wealth Management LLC boosted its position 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 purchasing an additional 151 shares in the last quarter. Legend Financial Advisors Inc. purchased a new stake in Oracle in the 2nd quarter worth approximately $34,000. Finally, HighMark Wealth Management LLC purchased a new stake in Oracle in the 2nd quarter worth approximately $38,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Insider Buying and Selling

In other news, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the transaction, the insider owned 132,656 shares in the company, valued at $42,603,800.96. The trade was a 20.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Naomi O. Seligman sold 3,303 shares of Oracle stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total value of $770,655.96. Following the transaction, the director owned 31,447 shares in the company, valued at approximately $7,337,214.04. This represents a 9.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 104,314 shares of company stock worth $31,272,223 in the last quarter. 40.90% of the stock is currently owned by insiders.

Oracle Trading Up 2.9%

Shares of ORCL stock opened at $296.95 on Friday. The stock's fifty day moving average is $265.72 and its two-hundred day moving average is $208.90. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The firm has a market capitalization of $846.54 billion, a P/E ratio of 68.74, a PEG ratio of 3.11 and a beta of 1.53. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72.

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

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued a $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. Oracle's dividend payout ratio (DPR) is presently 46.30%.

Wall Street Analysts Forecast Growth

ORCL has been the topic of a number of recent analyst reports. Cantor Fitzgerald increased their target price on Oracle from $271.00 to $400.00 and gave the company an "overweight" rating in a research report on Wednesday, September 10th. Evercore ISI increased their target price on Oracle from $270.00 to $340.00 and gave the company an "outperform" rating in a research report on Wednesday, September 10th. Robert W. Baird initiated coverage on Oracle in a research report on Wednesday. They set an "outperform" rating and a $365.00 target price on the stock. KeyCorp increased their target price on Oracle from $200.00 to $225.00 and gave the company an "overweight" rating in a research report on Thursday, June 12th. Finally, Cowen reiterated a "buy" rating and set a $375.00 target price on shares of Oracle in a research report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $306.43.

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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