Baron Wealth Management LLC Invests $234,000 in Oracle Corporation $ORCL

Key Points

• Baron Wealth Management LLC acquired a new stake in Oracle Corporation by purchasing 1,072 shares, valued at approximately $234,000.
• Several analysts have increased their price targets for Oracle, with Wolfe Research raising their target from $300.00 to $400.00 and multiple firms assigning buy ratings to the stock.
• Oracle recently declared a quarterly dividend of $0.50 per share, representing an annual yield of 0.7%, with a payout ratio of 46.30%.

Baron Wealth Management LLC purchased a new position in shares of Oracle Corporation (NYSE:ORCL - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,072 shares of the enterprise software provider's stock, valued at approximately $234,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ORCL. Redmont Wealth Advisors LLC acquired a new position in Oracle during the 1st quarter valued at approximately $27,000. Inlight Wealth Management LLC acquired a new stake in shares of Oracle in the first quarter worth about $28,000. Iron Horse Wealth Management LLC increased 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 worth $29,000 after purchasing an additional 151 shares during the period. Sunbeam Capital Management LLC bought a new position in Oracle during the fourth quarter valued at about $30,000. Finally, Mpwm Advisory Solutions LLC bought a new position in Oracle during the fourth quarter valued at about $36,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Insider Activity

In related news, insider Clayton M. Magouyrk sold 21,241 shares of the business's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the transaction, the insider directly owned 78,000 shares of the company's stock, valued at approximately $23,174,580. The trade was a 21.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Rona Alison Fairhead purchased 480 shares of the stock in a transaction dated Monday, July 7th. The stock was purchased at an average price of $233.87 per share, with a total value of $112,257.60. Following the completion of the acquisition, the director directly owned 22,110 shares in the company, valued at approximately $5,170,865.70. The trade was a 2.22% increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 78,247 shares of company stock worth $22,090,505 in the last quarter. Corporate insiders own 42.20% of the company's stock.

Oracle Trading Up 4.2%

ORCL stock traded up $12.56 during trading on Friday, hitting $309.18. The company had a trading volume of 40,475,718 shares, compared to its average volume of 28,056,660. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The company has a 50 day simple moving average of $251.63 and a 200-day simple moving average of $195.39. The firm has a market capitalization of $878.60 billion, a P/E ratio of 71.57, a PEG ratio of 3.34 and a beta of 1.46.

Oracle (NYSE:ORCL - Get Free Report) last released its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS 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 during the quarter, compared to analyst estimates of $15.04 billion. During the same quarter last year, the business earned $1.39 earnings per share. The firm's revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently disclosed 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 is presently 46.30%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ORCL. CIBC reissued a "buy" rating on shares of Oracle in a report on Monday, June 9th. Mizuho lifted their price objective on shares of Oracle from $300.00 to $350.00 and gave the company an "outperform" rating in a research note on Wednesday, September 10th. Melius Research boosted their target price on shares of Oracle from $270.00 to $370.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. JMP Securities boosted their target price on shares of Oracle from $315.00 to $342.00 and gave the stock a "market outperform" rating in a research report on Wednesday, September 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $240.00 price objective (up from $200.00) on shares of Oracle in a research report on Thursday, June 12th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, Oracle has an average rating of "Moderate Buy" and a consensus price target of $303.44.

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.