Autumn Glory Partners LLC Decreases Stock Position in Oracle Corporation $ORCL

Key Points

• Autumn Glory Partners LLC reduced its stock position in Oracle Corporation by 17.1% in the second quarter, now holding 16,651 shares valued at approximately $3.64 million.
• Oracle's recent quarterly earnings reported an EPS of $1.47, slightly missing the consensus estimate of $1.48, with revenues of $14.93 billion.
• The company declared a quarterly dividend of $0.50 per share, which will be paid on October 23rd, reflecting a 0.7% yield and a payout ratio of 46.3%.

Autumn Glory Partners LLC reduced its position in Oracle Corporation (NYSE:ORCL - Free Report) by 17.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 16,651 shares of the enterprise software provider's stock after selling 3,443 shares during the period. Oracle comprises approximately 1.7% of Autumn Glory Partners LLC's holdings, making the stock its 13th largest position. Autumn Glory Partners LLC's holdings in Oracle were worth $3,640,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock worth $22,498,982,000 after acquiring an additional 3,513,464 shares during the last quarter. Northern Trust Corp raised its holdings in Oracle by 0.6% in the 1st quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock worth $2,760,048,000 after acquiring an additional 120,889 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Oracle by 0.4% in the 1st 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 acquiring an additional 59,164 shares during the last quarter. Amundi raised its holdings in Oracle by 3.3% in the 1st quarter. Amundi now owns 12,736,855 shares of the enterprise software provider's stock worth $1,749,280,000 after acquiring an additional 409,691 shares during the last quarter. Finally, Polen Capital Management LLC raised its holdings in Oracle by 17.6% in 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 last quarter. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Oracle Stock Down 0.9%

Shares of ORCL stock opened at $286.23 on Monday. The stock has a market cap of $815.99 billion, a P/E ratio of 66.26, a PEG ratio of 3.08 and a beta of 1.53. Oracle Corporation has a 52 week low of $118.86 and a 52 week 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 company's fifty day simple moving average is $262.53 and its two-hundred day simple moving average is $205.85.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results 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 company had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The business 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 annualized dividend and a yield of 0.7%. Oracle's payout ratio is presently 46.30%.

Wall Street Analyst Weigh In

A number of research firms have commented on ORCL. Oppenheimer reaffirmed an "outperform" rating on shares of Oracle in a research report on Wednesday, June 18th. Wolfe Research boosted their price objective on shares of Oracle from $300.00 to $400.00 and gave the company an "outperform" rating in a research report on Wednesday, September 10th. BNP Paribas set a $377.00 price objective on shares of Oracle in a research report on Wednesday, September 10th. Rothschild & Co Redburn began coverage on shares of Oracle in a research report on Thursday, September 25th. They set a "sell" rating and a $175.00 price objective for the company. Finally, CIBC reissued a "buy" rating on shares of Oracle in a research report on Monday, June 9th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $304.71.

Insider Activity at Oracle

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the business's stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider owned 132,656 shares in the company, valued at $42,603,800.96. The trade was a 20.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of the company's stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the sale, the director owned 29,225 shares in the company, valued at $8,443,394.75. This represents a 7.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 104,314 shares of company stock worth $31,272,223 in the last quarter. 40.90% of the stock is owned by company insiders.

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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