Alliance Wealth Advisors LLC Takes $274,000 Position in Oracle Corporation $ORCL

Key Points

• Alliance Wealth Advisors LLC has acquired a new position in Oracle Corporation, purchasing 1,252 shares valued at approximately $274,000 during the second quarter.
• Oracle recently reported quarterly earnings of $1.47 per share, missing estimates by $0.01, with revenue of $14.93 billion, below the target of $15.04 billion.
• The company has declared a quarterly dividend of $0.50 per share, with a dividend yield of 0.7%, set to be paid on October 23rd.

Alliance Wealth Advisors LLC bought a new position in shares of Oracle Corporation (NYSE:ORCL - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,252 shares of the enterprise software provider's stock, valued at approximately $274,000.

Several other institutional investors have also added to or reduced their stakes in ORCL. Vanguard Group Inc. increased its position in Oracle by 2.2% during 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 period. Northern Trust Corp increased its position in Oracle by 0.6% during the first quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock worth $2,760,048,000 after acquiring an additional 120,889 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Oracle by 0.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider's stock worth $1,941,195,000 after acquiring an additional 59,164 shares during the period. Amundi raised its stake in Oracle by 3.3% in the 1st quarter. Amundi now owns 12,736,855 shares of the enterprise software provider's stock worth $1,749,280,000 after purchasing an additional 409,691 shares in the last quarter. Finally, Polen Capital Management LLC boosted its holdings in Oracle by 17.6% in the 1st quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider's stock valued at $1,762,878,000 after purchasing an additional 1,885,370 shares during the period. 42.44% of the stock is currently owned by institutional investors.

Oracle Stock Down 0.3%

Shares of NYSE ORCL opened at $282.68 on Tuesday. The company has a market cap of $803.29 billion, a price-to-earnings ratio of 65.44, a PEG ratio of 3.05 and a beta of 1.46. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The stock has a 50-day moving average price of $258.97 and a two-hundred day moving average price of $202.09.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company 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 company's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period last year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

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 paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle's dividend payout ratio is presently 46.30%.

Insider Activity at Oracle

In other news, Director Naomi O. Seligman sold 3,303 shares of Oracle stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total transaction of $770,655.96. Following the sale, the director directly owned 31,447 shares of the company's stock, valued at approximately $7,337,214.04. This trade represents a 9.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the transaction, the director directly owned 17,764 shares of the company's stock, valued at $5,435,784. This represents a 39.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 112,092 shares of company stock worth $32,960,165 over the last 90 days. 42.20% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ORCL. Guggenheim lifted their price target on shares of Oracle from $250.00 to $375.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. TD Cowen lifted their price objective on Oracle from $325.00 to $375.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. CIBC reiterated a "buy" rating on shares of Oracle in a research report on Monday, June 9th. Oppenheimer restated an "outperform" rating on shares of Oracle in a research report on Wednesday, June 18th. Finally, Piper Sandler boosted their price target on Oracle from $270.00 to $330.00 and gave the company an "overweight" rating in a research note on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued 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 stock currently has a consensus rating of "Moderate Buy" and an average price target of $304.71.

Oracle Company 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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