Arkansas Financial Group Inc. Buys New Stake in Oracle Corporation $ORCL

Key Points

• Arkansas Financial Group Inc. acquired a new stake in Oracle Corporation, purchasing 867 shares valued at approximately $203,000 during the second quarter.
• Wall Street analysts have optimistic forecasts for Oracle, with multiple firms raising their price targets, including Cantor Fitzgerald's new target of $400.00 and BNP Paribas at $377.00.
• Oracle recently declared a quarterly dividend of $0.50 per share, indicating a yield of 0.7%, with a payout ratio of 46.30%.

Arkansas Financial Group Inc. acquired a new stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 867 shares of the enterprise software provider's stock, valued at approximately $203,000.

Other institutional investors have also added to or reduced their stakes in the company. Legend Financial Advisors Inc. purchased a new stake in shares of Oracle during the 2nd quarter valued at about $34,000. Redmont Wealth Advisors LLC bought a new stake in Oracle in the first quarter worth $27,000. Inlight Wealth Management LLC bought a new position in Oracle during the first quarter valued at $28,000. Iron Horse Wealth Management LLC raised 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 valued at $29,000 after acquiring an additional 151 shares during the period. Finally, Family Legacy Financial Solutions LLC bought a new stake in shares of Oracle in the 2nd quarter worth about $60,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Wall Street Analysts Forecast Growth

ORCL has been the topic of a number of recent analyst reports. Cantor Fitzgerald increased their price objective on shares of Oracle from $271.00 to $400.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 10th. Berenberg Bank increased their price target on Oracle from $202.00 to $306.00 and gave the stock a "hold" rating in a report on Monday, September 15th. BNP Paribas set a $377.00 price objective on Oracle in a report on Wednesday, September 10th. TD Cowen lifted their target price on Oracle from $325.00 to $375.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Finally, Barclays lifted their price objective on shares of Oracle from $221.00 to $281.00 and gave the company an "overweight" rating in a report on Monday, September 8th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Oracle currently has an average rating of "Moderate Buy" and an average price target of $298.06.

Oracle Trading Down 5.6%

NYSE:ORCL opened at $291.28 on Friday. The firm has a 50-day simple moving average of $257.43 and a 200-day simple moving average of $199.48. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The firm has a market cap of $827.73 billion, a P/E ratio of 67.43, a P/E/G ratio of 3.33 and a beta of 1.46. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62.

Oracle (NYSE:ORCL - Get Free Report) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts' consensus estimates 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 analysts' expectations of $15.04 billion. During the same quarter in the prior year, the company earned $1.39 EPS. 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. Equities analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be paid a $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. Oracle's dividend payout ratio (DPR) is 46.30%.

Insider Activity at Oracle

In related news, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the sale, the insider owned 132,656 shares of the company's stock, valued at $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Naomi O. Seligman sold 3,303 shares of the stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total transaction of $770,655.96. Following the completion of the sale, the director owned 31,447 shares in the company, valued at $7,337,214.04. The trade was a 9.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 112,092 shares of company stock worth $32,960,165 in the last 90 days. 42.20% of the stock is owned by 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.