Oracle Corporation $ORCL Shares Purchased by Alecta Tjanstepension Omsesidigt

Key Points

• Alecta Tjanstepension Omsesidigt increased its stake in Oracle Corporation by 43.2% in the second quarter, now holding 1,193,000 shares valued at approximately $260.72 million.
• Oracle reported a missed EPS estimate of $1.47 for the last quarter, along with a revenue of $14.93 billion, slightly below the predicted $15.04 billion.
• The company declared a quarterly dividend of $0.50 per share, with an annualized yield of 0.7%, set to be paid on October 23rd.

Alecta Tjanstepension Omsesidigt raised its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 43.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,193,000 shares of the enterprise software provider's stock after purchasing an additional 360,000 shares during the period. Oracle comprises 1.2% of Alecta Tjanstepension Omsesidigt's holdings, making the stock its 28th largest position. Alecta Tjanstepension Omsesidigt's holdings in Oracle were worth $260,718,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Redmont Wealth Advisors LLC acquired a new stake in shares of Oracle in the first quarter worth approximately $27,000. Inlight Wealth Management LLC acquired a new stake in shares of Oracle in the first quarter worth approximately $28,000. Iron Horse Wealth Management LLC boosted its stake in shares of Oracle by 284.9% in the first 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. Sunbeam Capital Management LLC acquired a new stake in shares of Oracle in the fourth quarter worth approximately $30,000. Finally, Mpwm Advisory Solutions LLC acquired a new position in Oracle during the fourth quarter worth $36,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director William G. Parrett sold 11,500 shares of the firm's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the transaction, the director owned 17,764 shares in the company, valued at $5,435,784. This trade represents a 39.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Naomi O. Seligman sold 3,303 shares of the firm's 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 transaction, the director owned 31,447 shares in the company, valued at $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 a total of 78,247 shares of company stock worth $22,090,505 over the last ninety days. 42.20% of the stock is owned by corporate insiders.

Oracle Stock Up 4.2%

Shares of ORCL traded up $12.56 during mid-day trading on Friday, reaching $309.18. The company's stock had a trading volume of 40,475,718 shares, compared to its average volume of 28,056,660. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The stock has a market cap of $878.60 billion, a PE ratio of 71.57, a price-to-earnings-growth ratio of 3.21 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. The company's 50 day moving average is $251.63 and its 200 day moving average is $195.16.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly earnings data 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 net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. During the same quarter in the previous year, the company posted $1.39 EPS. The company's revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Thursday, October 9th. Oracle's dividend payout ratio (DPR) is currently 46.30%.

Analysts Set New Price Targets

ORCL has been the topic of a number of recent research reports. Westpark Capital boosted their price objective on Oracle from $195.00 to $246.00 and gave the stock a "buy" rating in a research note on Thursday, June 12th. Royal Bank Of Canada boosted their price objective on Oracle from $145.00 to $195.00 and gave the stock a "sector perform" rating in a research note on Thursday, June 12th. BMO Capital Markets set a $345.00 price objective on Oracle in a research note on Wednesday, September 10th. KeyCorp boosted their price objective on Oracle from $200.00 to $225.00 and gave the stock an "overweight" rating in a research note on Thursday, June 12th. Finally, CIBC reiterated a "buy" rating on shares of Oracle in a report on Monday, June 9th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, Oracle has a consensus rating of "Moderate Buy" and a consensus target price of $303.44.

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.