Avior Wealth Management LLC Acquires 2,485 Shares of Oracle Corporation $ORCL

Key Points

• Avior Wealth Management LLC increased its stake in Oracle Corporation by 4.9% to a total of 53,648 shares, valued at approximately $11.73 million.
• Oracle reported earnings per share of $1.47, slightly below the consensus estimate of $1.48, with revenue of $14.93 billion for the last quarter.
• The company announced a quarterly dividend of $0.50 per share, which will be paid on October 23rd, yielding an annualized 0.7% for investors.

Avior Wealth Management LLC grew its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 4.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,648 shares of the enterprise software provider's stock after purchasing an additional 2,485 shares during the period. Avior Wealth Management LLC's holdings in Oracle were worth $11,729,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. XY Planning Network Inc. bought a new stake in shares of Oracle in the second quarter valued at approximately $497,000. Hengehold Capital Management LLC bought a new stake in shares of Oracle in the second quarter valued at approximately $302,000. Chatham Capital Group Inc. raised its position in shares of Oracle by 1.0% in the second quarter. Chatham Capital Group Inc. now owns 34,774 shares of the enterprise software provider's stock valued at $7,603,000 after purchasing an additional 340 shares during the period. CogentBlue Wealth Advisors LLC purchased a new position in Oracle during the second quarter valued at approximately $324,000. Finally, Tempus Wealth Planning LLC grew its stake in Oracle by 14.5% during the second quarter. Tempus Wealth Planning LLC now owns 15,467 shares of the enterprise software provider's stock valued at $3,381,000 after acquiring an additional 1,958 shares in the last quarter. Institutional investors own 42.44% of the company's stock.

Oracle Stock Performance

Oracle stock opened at $283.29 on Friday. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The stock's 50 day simple moving average is $258.19 and its two-hundred day simple moving average is $200.78. The stock has a market cap of $805.03 billion, a price-to-earnings ratio of 65.58, a PEG ratio of 3.05 and a beta of 1.46. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72.

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

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's dividend payout ratio is 46.30%.

Analysts Set New Price Targets

ORCL has been the subject of several recent analyst reports. Cowen reaffirmed a "buy" rating and set a $375.00 price objective on shares of Oracle in a research note on Wednesday, September 10th. Bank of America raised shares of Oracle from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $295.00 to $368.00 in a research note on Wednesday, September 10th. Redburn Partners set a $175.00 price target on shares of Oracle in a research note on Thursday. BNP Paribas set a $377.00 price objective on shares of Oracle in a report on Wednesday, September 10th. Finally, Cantor Fitzgerald boosted their price objective on shares of Oracle from $271.00 to $400.00 and gave the stock an "overweight" rating in a report on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, Oracle presently has a consensus rating of "Moderate Buy" and a consensus price target of $304.71.

Insider Activity at Oracle

In related news, insider Michael D. Sicilia sold 33,845 shares of the 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 sale, the insider directly owned 132,656 shares of the company's stock, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of the 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 directly owned 78,000 shares in the company, valued at $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 112,092 shares of company stock worth $32,960,165 in the last ninety days. 42.20% of the stock is currently 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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