27,095 Shares in Oracle Corporation $ORCL Bought by Generate Investment Management Ltd

Key Points

• Generate Investment Management Ltd has acquired 27,095 shares of Oracle Corporation, valued at approximately $5.9 million, as disclosed in its 13F filing.
• Oracle reported $1.47 earnings per share for the recent quarter, slightly missing the consensus estimate, with revenue of $14.93 billion.
• A quarterly dividend of $0.50 per share has been declared by Oracle, reflecting an annualized yield of 0.7%, set to be paid on October 23rd.

Generate Investment Management Ltd bought a new position in shares of Oracle Corporation (NYSE:ORCL - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 27,095 shares of the enterprise software provider's stock, valued at approximately $5,924,000.

A number of other institutional investors have also added to or reduced their stakes in ORCL. Nuveen LLC purchased a new stake in Oracle in the first quarter valued at approximately $732,692,000. Vanguard Group Inc. increased its holdings in shares of Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock worth $22,498,982,000 after buying an additional 3,513,464 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new position in shares of Oracle in the 2nd quarter worth $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Oracle by 79.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider's stock valued at $648,572,000 after buying an additional 2,049,687 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of Oracle by 840.7% during the 2nd quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider's stock worth $463,380,000 after acquiring an additional 1,894,157 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors.

Oracle Trading Down 2.8%

ORCL opened at $283.29 on Monday. The business has a 50 day simple moving average of $258.19 and a two-hundred day simple moving average of $201.16. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The firm has a market capitalization of $805.03 billion, a price-to-earnings ratio of 65.58, a PEG ratio of 3.05 and a beta of 1.46. 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 (NYSE:ORCL - Get Free Report) last posted its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business's revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts predict that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

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

Insider Activity

In other Oracle news, Director Naomi O. Seligman sold 3,303 shares of Oracle stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of the sale, the director owned 31,447 shares of the company's stock, valued at approximately $7,337,214.04. The trade was a 9.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Rona Alison Fairhead purchased 480 shares of the business's stock in a transaction on Monday, July 7th. The shares were purchased at an average price of $233.87 per share, with a total value of $112,257.60. Following the completion of the purchase, the director owned 22,110 shares in the company, valued at approximately $5,170,865.70. This trade represents a 2.22% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 112,092 shares of company stock worth $32,960,165. 42.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently commented on ORCL shares. CIBC reissued a "buy" rating on shares of Oracle in a research note on Monday, June 9th. Melius Research increased their price objective on Oracle from $270.00 to $370.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. JPMorgan Chase & Co. boosted their target price on Oracle from $185.00 to $210.00 and gave the stock a "neutral" rating in a research report on Monday, September 8th. Evercore ISI increased their price target on shares of Oracle from $270.00 to $340.00 and gave the company an "outperform" rating in a research report on Wednesday, September 10th. Finally, Royal Bank Of Canada boosted their price objective on shares of Oracle from $145.00 to $195.00 and gave the stock a "sector perform" rating in a report on Thursday, June 12th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $304.71.

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.

Want to see what other hedge funds are holding ORCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oracle Corporation (NYSE:ORCL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.