1,500 Shares in Oracle Corporation $ORCL Purchased by Lockerman Financial Group Inc.

Key Points

• Lockerman Financial Group Inc. acquired 1,500 shares of Oracle Corporation valued at approximately $328,000 during the second quarter.
• The company reported earnings per share of $1.47 for the last quarter, falling short of analysts' expectations and showing a 12.2% year-over-year revenue increase.
• Oracle declared a quarterly dividend of $0.50 per share, payable on October 23rd, representing an annualized dividend yield of 0.7%.

Lockerman Financial Group Inc. purchased a new position in shares of Oracle Corporation (NYSE:ORCL - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,500 shares of the enterprise software provider's stock, valued at approximately $328,000.

A number of other hedge funds have also bought and sold shares of the business. Harel Insurance Investments & Financial Services Ltd. increased its holdings in Oracle by 71.6% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider's stock valued at $35,984,000 after buying an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. increased its holdings in Oracle by 4.3% in the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider's stock valued at $7,179,000 after buying an additional 2,110 shares during the period. Elser Financial Planning Inc bought a new position in Oracle in the 2nd quarter valued at about $1,066,000. Canoe Financial LP increased its holdings in Oracle by 314.8% in the 2nd quarter. Canoe Financial LP now owns 484,098 shares of the enterprise software provider's stock valued at $105,838,000 after buying an additional 367,400 shares during the period. Finally, Strs Ohio bought a new position in Oracle in the 1st quarter valued at about $108,572,000. 42.44% of the stock is owned by institutional investors.

Oracle Stock Down 0.3%

Shares of NYSE ORCL opened at $282.68 on Tuesday. The company has a market capitalization of $803.29 billion, a P/E ratio of 65.44, a price-to-earnings-growth ratio of 3.05 and a beta of 1.46. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. 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 company's 50 day moving average price is $258.97 and its 200-day moving average price is $202.09.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings results 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). The firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm's revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be given a $0.50 dividend. The ex-dividend date 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 46.30%.

Insider Transactions at Oracle

In related news, insider Michael D. Sicilia sold 33,845 shares of the business's stock in a transaction on Tuesday, September 23rd. The shares were 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 the SEC website. Also, EVP Maria Smith sold 10,000 shares of the business's stock in a transaction on Thursday, July 3rd. The shares were sold at an average price of $232.99, for a total transaction of $2,329,900.00. Following the transaction, the executive vice president owned 40,807 shares in the company, valued at $9,507,622.93. The trade was a 19.68% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 112,092 shares of company stock worth $32,960,165. Company insiders own 42.20% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on ORCL shares. William Blair reissued an "outperform" rating on shares of Oracle in a report on Monday, September 22nd. Berenberg Bank lifted their price target on shares of Oracle from $202.00 to $306.00 and gave the company a "hold" rating in a report on Monday, September 15th. BNP Paribas set a $377.00 price target on shares of Oracle in a report on Wednesday, September 10th. Raymond James Financial reissued a "strong-buy" rating on shares of Oracle in a report on Wednesday, June 18th. Finally, Stifel Nicolaus boosted their target price on shares of Oracle from $250.00 to $350.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $304.71.

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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