71,888 Shares in Oracle Corporation $ORCL Acquired by Two Point Capital Management Inc.

Key Points

• Two Point Capital Management Inc. acquired 71,888 shares of Oracle Corporation, valued at approximately $15.7 million, making it the third largest position in their portfolio at around 6.7% ownership.
• Numerous hedge funds have increased their stakes in Oracle, with a reported 42.44% of the company's stock now owned by institutional investors.
• Oracle recently announced a quarterly dividend of $0.50 per share, resulting in an annualized dividend yield of 0.7%, with a payout ratio of 46.30%.

Two Point Capital Management Inc. acquired a new stake in Oracle Corporation (NYSE:ORCL - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 71,888 shares of the enterprise software provider's stock, valued at approximately $15,717,000. Oracle comprises approximately 6.7% of Two Point Capital Management Inc.'s portfolio, making the stock its 3rd biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of ORCL. Redmont Wealth Advisors LLC bought a new position in shares of Oracle in the first quarter worth about $27,000. Inlight Wealth Management LLC bought a new stake in Oracle during the 1st quarter valued at about $28,000. Iron Horse Wealth Management LLC grew its stake 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 in the last quarter. Legend Financial Advisors Inc. purchased a new position in shares of Oracle during the second quarter worth approximately $34,000. Finally, HighMark Wealth Management LLC bought a new position in Oracle in the second quarter worth approximately $38,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Melius Research upped their target price on Oracle from $270.00 to $370.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Berenberg Bank lifted their price objective on Oracle from $202.00 to $306.00 and gave the company a "hold" rating in a report on Monday, September 15th. Evercore ISI increased their target price on shares of Oracle from $270.00 to $340.00 and gave the stock an "outperform" rating in a report on Wednesday, September 10th. Redburn Partners set a $175.00 target price on shares of Oracle in a research report on Thursday, September 25th. Finally, Wolfe Research increased their price objective on shares of Oracle from $300.00 to $400.00 and gave the company an "outperform" rating in a research note on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $304.71.

Insiders Place Their Bets

In other news, Director Naomi O. Seligman sold 3,303 shares of Oracle stock in a transaction that occurred 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 sale, the director directly owned 31,447 shares of the company's stock, valued at $7,337,214.04. The trade was a 9.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Rona Alison Fairhead purchased 480 shares of the company's stock in a transaction that occurred 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 transaction, the director directly owned 22,110 shares of the company's stock, valued at $5,170,865.70. This represents a 2.22% increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 104,314 shares of company stock valued at $31,272,223. 42.20% of the stock is owned by corporate insiders.

Oracle Stock Performance

NYSE:ORCL opened at $289.18 on Friday. 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 stock has a market capitalization of $824.39 billion, a PE ratio of 66.94, a P/E/G 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. The company has a fifty day moving average of $261.71 and a two-hundred day moving average of $204.17.

Oracle (NYSE:ORCL - Get Free Report) last released its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company had revenue of $14.93 billion for the quarter, compared to analysts' expectations of $15.04 billion. During the same period in the prior year, the firm earned $1.39 EPS. The firm's revenue for the quarter 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, research analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued 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 dividend payout ratio is presently 46.30%.

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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