Bleakley Financial Group LLC Grows Stock Position in Oracle Corporation $ORCL

Key Points

• Bleakley Financial Group LLC increased its stake in Oracle Corporation by 4.5% in Q2, owning 45,976 shares worth approximately $10.05 million.
• Oracle reported earnings of $1.47 per share in its last quarterly earnings, slightly below the consensus estimate of $1.48, with quarterly revenue of $14.93 billion.
• Insider sales saw significant activity, with Directors Naomi O. Seligman and William G. Parrett selling a total of 13,722 shares, reflecting a notable decrease in their ownership percentages.

Bleakley Financial Group LLC increased its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 4.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 45,976 shares of the enterprise software provider's stock after buying an additional 1,966 shares during the quarter. Bleakley Financial Group LLC's holdings in Oracle were worth $10,052,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Warther Private Wealth LLC boosted its stake in shares of Oracle by 5.9% during the 2nd quarter. Warther Private Wealth LLC now owns 4,035 shares of the enterprise software provider's stock worth $882,000 after purchasing an additional 225 shares during the period. Silver Oak Wealth Advisors Services LLC purchased a new stake in Oracle in the 2nd quarter worth about $264,000. Red Crane Wealth Management LLC lifted its stake in Oracle by 2.4% in the second quarter. Red Crane Wealth Management LLC now owns 2,664 shares of the enterprise software provider's stock worth $582,000 after purchasing an additional 62 shares during the last quarter. LifeWealth Investments LLC purchased a new position in shares of Oracle during the second quarter valued at approximately $578,000. Finally, Granite Harbor Advisors Inc. grew its stake in shares of Oracle by 10.7% during the second quarter. Granite Harbor Advisors Inc. now owns 2,336 shares of the enterprise software provider's stock valued at $511,000 after buying an additional 225 shares during the last quarter. Institutional investors own 42.44% of the company's stock.

Insiders Place Their Bets

In other Oracle news, Director Naomi O. Seligman sold 2,222 shares of Oracle 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 completion of the transaction, the director owned 29,225 shares in the company, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the sale, the director owned 17,764 shares in the company, valued at $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 120,769 shares of company stock valued at $36,428,967. Company insiders own 40.90% of the company's stock.

Oracle Trading Down 0.9%

NYSE:ORCL opened at $272.81 on Thursday. 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 Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The stock has a market capitalization of $777.71 billion, a price-to-earnings ratio of 63.15, a PEG ratio of 2.96 and a beta of 1.53. The stock has a fifty day moving average price of $273.18 and a two-hundred day moving average price of $218.22.

Oracle (NYSE:ORCL - Get Free Report) last announced 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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. 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 EPS. 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, sell-side analysts anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts recently issued reports on ORCL shares. Redburn Partners set a $175.00 price objective on Oracle in a report on Thursday, September 25th. Mizuho boosted their target price 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. Bank of America raised shares of Oracle from a "neutral" rating to a "buy" rating and raised their price target for the stock from $295.00 to $368.00 in a research note on Wednesday, September 10th. Stephens lifted their price objective on shares of Oracle from $208.00 to $331.00 and gave the company an "equal weight" rating in a report on Friday, October 17th. Finally, Rothschild & Co Redburn started coverage on shares of Oracle in a research note on Thursday, September 25th. They issued a "sell" rating and a $175.00 target price on the stock. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $323.69.

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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