Argent Capital Management LLC Buys 4,120 Shares of Oracle Corporation $ORCL

Key Points

• Argent Capital Management LLC increased its stake in Oracle Corporation by 2.7% in the second quarter, owning a total of 157,389 shares valued at approximately $34.4 million.
• Various institutional investors made significant moves in Oracle shares, with Nuveen LLC acquiring a new position worth about $732.7 million and GAMMA Investing LLC increasing its position by over 15,000%.
• Oracle's recent quarterly earnings showed an EPS of $1.47, slightly missing analysts' expectations, while the company announced a $0.50 quarterly dividend with an annual yield of 0.6%.

Argent Capital Management LLC boosted its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 2.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 157,389 shares of the enterprise software provider's stock after purchasing an additional 4,120 shares during the period. Argent Capital Management LLC's holdings in Oracle were worth $34,410,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in ORCL. Nuveen LLC bought a new position in shares of Oracle in the 1st quarter valued at about $732,692,000. GAMMA Investing LLC increased its position in Oracle by 15,012.3% during the first quarter. GAMMA Investing LLC now owns 4,755,096 shares of the enterprise software provider's stock worth $664,810,000 after buying an additional 4,723,631 shares during the last quarter. Vanguard Group Inc. raised its stake in Oracle by 2.2% in the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock valued at $22,498,982,000 after buying an additional 3,513,464 shares during the period. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Oracle in the second quarter valued at approximately $731,512,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Oracle by 79.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider's stock worth $648,572,000 after acquiring an additional 2,049,687 shares during the period. Institutional investors own 42.44% of the company's stock.

Analysts Set New Price Targets

ORCL has been the subject of several research reports. Stifel Nicolaus raised their price target on Oracle from $250.00 to $350.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. UBS Group set a $300.00 price target on shares of Oracle in a research note on Wednesday, September 10th. Piper Sandler raised their price objective on shares of Oracle from $270.00 to $330.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 10th. TD Cowen upped 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. Finally, Loop Capital set a $135.00 price target on Oracle in a report on Tuesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nine have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $303.44.

Oracle Price Performance

Shares of NYSE:ORCL opened at $329.10 on Tuesday. Oracle Corporation has a one year low of $118.86 and a one year 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. The company has a market cap of $935.21 billion, a price-to-earnings ratio of 76.18, a PEG ratio of 3.34 and a beta of 1.46. The firm has a 50 day simple moving average of $253.63 and a 200 day simple moving average of $196.92.

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). 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 analyst estimates of $15.04 billion. During the same quarter last year, the company posted $1.39 earnings per share. The firm's quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts predict 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 given a $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.6%. Oracle's dividend payout ratio (DPR) is currently 46.30%.

Insider Transactions at Oracle

In related news, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the sale, the insider directly owned 78,000 shares in the company, valued at $23,174,580. This trade represents a 21.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael D. Sicilia sold 16,323 shares of the business's stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $313.60, for a total transaction of $5,118,892.80. Following the sale, the insider directly owned 110,094 shares in the company, valued at $34,525,478.40. The trade was a 12.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 78,247 shares of company stock valued at $22,090,505. 42.20% of the stock is currently owned by corporate insiders.

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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