Ascent Capital Management LLC Invests $300,000 in Oracle Corporation $ORCL

Key Points

• Ascent Capital Management LLC has invested approximately $300,000 in Oracle Corporation by acquiring 1,373 shares during the second quarter.
• Several institutional investors, including Vanguard Group and Northern Trust Corp, have recently increased their stakes in Oracle Corporation, resulting in a total of 42.44% of the stock being owned by institutional investors and hedge funds.
• Oracle announced a quarterly dividend of $0.50, set to be paid on October 23, with a notable dividend yield of 0.7% and a payout ratio of 46.30%.

Ascent Capital Management LLC acquired a new position in shares of Oracle Corporation (NYSE:ORCL - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,373 shares of the enterprise software provider's stock, valued at approximately $300,000.

Several other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in Oracle by 2.2% during 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 purchasing an additional 3,513,464 shares during the last quarter. Northern Trust Corp increased its stake in shares of 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 purchasing an additional 120,889 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of 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 purchasing an additional 59,164 shares during the period. Amundi increased its stake in shares of Oracle by 3.3% during the first 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 during the period. Finally, Polen Capital Management LLC increased its stake in Oracle by 17.6% during the 1st quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider's stock worth $1,762,878,000 after acquiring an additional 1,885,370 shares during the period. 42.44% of the stock is owned by institutional investors and hedge funds.

Oracle Price Performance

Shares of NYSE ORCL opened at $283.29 on Friday. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock's 50 day moving average price is $258.19 and its 200-day moving average price is $200.44. The company has a market capitalization of $805.03 billion, a PE ratio of 65.58, a PEG ratio of 3.13 and a beta of 1.46.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The firm had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle's revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors 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 yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's dividend payout ratio is currently 46.30%.

Insiders Place Their Bets

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the company's stock in a transaction dated Tuesday, September 23rd. The shares were 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 directly owned 132,656 shares in the company, valued at $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of the company's stock in a transaction dated 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 owned 78,000 shares of the company's stock, valued at approximately $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 112,092 shares of company stock valued at $32,960,165 over the last quarter. Insiders own 42.20% of the company's stock.

Wall Street Analyst Weigh In

ORCL has been the topic of a number of recent research reports. William Blair restated an "outperform" rating on shares of Oracle in a research note on Monday. TD Cowen lifted their target price on Oracle from $325.00 to $375.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Redburn Partners set a $175.00 price objective on Oracle in a research report on Thursday. Citigroup reaffirmed an "outperform" rating on shares of Oracle in a research report on Wednesday, September 10th. Finally, Wolfe Research boosted their target price on Oracle from $300.00 to $400.00 and gave the company an "outperform" rating in a research report on Wednesday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $304.71.

Oracle 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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