Ameliora Wealth Management Ltd. Increases Stock Holdings in Oracle Corporation $ORCL

Key Points

• Ameliora Wealth Management Ltd. increased its stake in Oracle Corporation by 117.1% in Q2, now holding 2,445 shares valued at $535,000.
• Several other hedge funds also raised their positions in Oracle, with the largest being Meitav Investment House, which increased its holdings by 27.0%, now owning 455,534 shares worth $99.5 million.
• Oracle recently announced a quarterly dividend of $0.50 per share, with a pay date set for October 23rd, reflecting a 0.7% dividend yield.

Ameliora Wealth Management Ltd. boosted its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 117.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,445 shares of the enterprise software provider's stock after purchasing an additional 1,319 shares during the period. Ameliora Wealth Management Ltd.'s holdings in Oracle were worth $535,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Meitav Investment House Ltd. increased its holdings in shares of Oracle by 27.0% during the 2nd quarter. Meitav Investment House Ltd. now owns 455,534 shares of the enterprise software provider's stock worth $99,543,000 after buying an additional 96,790 shares during the last quarter. Country Club Bank increased its stake in Oracle by 1.4% during the second quarter. Country Club Bank now owns 32,955 shares of the enterprise software provider's stock worth $6,928,000 after acquiring an additional 469 shares during the last quarter. Trueblood Wealth Management LLC increased its stake in Oracle by 2.7% during the second quarter. Trueblood Wealth Management LLC now owns 14,013 shares of the enterprise software provider's stock worth $3,064,000 after acquiring an additional 364 shares during the last quarter. Motiv8 Investments LLC raised its position in Oracle by 12.5% in the second quarter. Motiv8 Investments LLC now owns 7,605 shares of the enterprise software provider's stock valued at $1,663,000 after purchasing an additional 847 shares during the period. Finally, KPP Advisory Services LLC lifted its stake in shares of Oracle by 41.7% in the 2nd quarter. KPP Advisory Services LLC now owns 5,793 shares of the enterprise software provider's stock valued at $1,267,000 after purchasing an additional 1,704 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company's stock.

Insider Activity

In related news, insider Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction on Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the transaction, the insider owned 78,000 shares of the company's stock, valued at $23,174,580. This represents a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, 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 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. This trade represents a 9.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 104,314 shares of company stock worth $31,272,223. 40.90% of the stock is currently owned by company insiders.

Oracle Price Performance

ORCL stock opened at $291.77 on Tuesday. The business's 50-day moving average is $263.41 and its two-hundred day moving average is $206.82. 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 firm has a market capitalization of $831.77 billion, a P/E ratio of 67.54, a P/E/G ratio of 3.08 and a beta of 1.53. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last announced 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). The company had revenue of $14.93 billion for 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 business's quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Loop Capital set a $135.00 price objective on Oracle in a research report on Tuesday, June 10th. Piper Sandler lifted their price target on shares of Oracle from $270.00 to $330.00 and gave the company an "overweight" rating in a research report on Wednesday, September 10th. Bank of America upgraded shares of Oracle from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $295.00 to $368.00 in a report on Wednesday, September 10th. Evercore ISI lifted their target price on shares of Oracle from $270.00 to $340.00 and gave the company an "outperform" rating in a report on Wednesday, September 10th. Finally, TD Cowen boosted their target price on Oracle from $325.00 to $375.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price 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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