Annex Advisory Services LLC Acquires 30,929 Shares of Oracle Corporation $ORCL

Key Points

• Annex Advisory Services LLC increased its stake in Oracle Corporation by 14.0% during Q2, holding a total of 251,615 shares valued at approximately $55 million.
• Several large institutional investors, including Redmont Wealth Advisors LLC and Inlight Wealth Management LLC, have recently acquired new stakes in Oracle Corporation.
• Oracle has set its Q2 2026 guidance at $1.270-1.310 EPS and recently announced a quarterly dividend of $0.50 per share, representing a 0.6% dividend yield.

Annex Advisory Services LLC boosted its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 14.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 251,615 shares of the enterprise software provider's stock after purchasing an additional 30,929 shares during the quarter. Oracle accounts for about 1.3% of Annex Advisory Services LLC's portfolio, making the stock its 22nd largest holding. Annex Advisory Services LLC's holdings in Oracle were worth $55,011,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Harel Insurance Investments & Financial Services Ltd. raised its stake in Oracle by 71.6% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider's stock worth $35,984,000 after purchasing an additional 107,404 shares in the last quarter. Lockheed Martin Investment Management Co. raised its stake in Oracle by 4.3% in the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider's stock worth $7,179,000 after purchasing an additional 2,110 shares in the last quarter. Canoe Financial LP raised its stake in Oracle by 314.8% in the 2nd quarter. Canoe Financial LP now owns 484,098 shares of the enterprise software provider's stock worth $105,838,000 after purchasing an additional 367,400 shares in the last quarter. Strs Ohio acquired a new stake in Oracle in the 1st quarter worth about $108,572,000. Finally, CBM Financial LLC acquired a new stake in Oracle in the 1st quarter worth about $356,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have commented on ORCL shares. Cowen reissued a "buy" rating and issued a $375.00 target price on shares of Oracle in a report on Wednesday, September 10th. Barclays raised their target price on shares of Oracle from $221.00 to $281.00 and gave the company an "overweight" rating in a report on Monday, September 8th. BMO Capital Markets set a $345.00 target price on shares of Oracle in a report on Wednesday, September 10th. Westpark Capital raised their target price on shares of Oracle from $195.00 to $246.00 and gave the company a "buy" rating in a report on Thursday, June 12th. Finally, KeyCorp raised their target price on shares of Oracle from $200.00 to $225.00 and gave the company an "overweight" rating in a report on Thursday, June 12th. Two investment 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. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $303.44.

Oracle Trading Up 6.6%

NYSE ORCL traded up $20.44 during trading hours on Monday, reaching $329.10. The company's stock had a trading volume of 44,291,474 shares, compared to its average volume of 14,167,239. The firm has a fifty day simple moving average of $251.63 and a 200-day simple moving average of $195.70. The stock has a market cap of $935.21 billion, a P/E ratio of 76.18, a P/E/G ratio of 3.34 and a beta of 1.46. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. 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 issued its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). The business had revenue of $14.93 billion during 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 firm's quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be issued a $0.50 dividend. 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 46.30%.

Insiders Place Their Bets

In other Oracle news, EVP Maria Smith sold 10,000 shares of the stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $232.99, for a total transaction of $2,329,900.00. Following the completion of the sale, the executive vice president owned 40,807 shares of the company's stock, valued at approximately $9,507,622.93. This represents a 19.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director William G. Parrett sold 11,500 shares of the stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the sale, 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 78,247 shares of company stock worth $22,090,505 over the last quarter. 42.20% of the stock is currently owned by corporate insiders.

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.