Border to Coast Pensions Partnership Ltd Acquires 29,722 Shares of Oracle Corporation $ORCL

Key Points

• Border to Coast Pensions Partnership Ltd increased its stake in Oracle Corporation by 6.4%, bringing its total holdings to approximately $107.42 million, making it the fund's 11th largest holding.
• Oracle's stock has received a consensus rating of "Moderate Buy" from analysts, with a target price averaging around $303.44.
• The company announced a $0.50 quarterly dividend to be paid on October 23rd, representing a yield of 0.6% based on a payout ratio of 46.3%.

Border to Coast Pensions Partnership Ltd grew its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 6.4% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 491,341 shares of the enterprise software provider's stock after purchasing an additional 29,722 shares during the period. Oracle comprises approximately 2.0% of Border to Coast Pensions Partnership Ltd's portfolio, making the stock its 11th biggest position. Border to Coast Pensions Partnership Ltd's holdings in Oracle were worth $107,422,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC bought a new stake in Oracle during the 1st quarter worth approximately $27,000. Inlight Wealth Management LLC bought a new position in shares of Oracle in the first quarter valued at approximately $28,000. Iron Horse Wealth Management LLC grew its holdings 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 valued at $29,000 after acquiring an additional 151 shares in the last quarter. Sunbeam Capital Management LLC bought a new position in shares of Oracle in the fourth quarter valued at approximately $30,000. Finally, Fourth Dimension Wealth LLC bought a new position in shares of Oracle in the fourth quarter valued at approximately $36,000. 42.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

ORCL has been the subject of several recent analyst reports. JPMorgan Chase & Co. upped their target price on Oracle from $185.00 to $210.00 and gave the company a "neutral" rating in a report on Monday, September 8th. BMO Capital Markets set a $345.00 target price on Oracle in a report on Wednesday, September 10th. The Goldman Sachs Group upped their target price on Oracle from $195.00 to $310.00 and gave the company a "neutral" rating in a report on Monday, September 15th. Royal Bank Of Canada upped their target price on Oracle from $145.00 to $195.00 and gave the company a "sector perform" rating in a report on Thursday, June 12th. Finally, Cantor Fitzgerald upped their price objective on Oracle from $271.00 to $400.00 and gave the company an "overweight" rating in a research note on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $303.44.

Oracle Stock Performance

Shares of NYSE:ORCL traded up $20.44 during trading on Monday, hitting $329.10. 44,291,474 shares of the company were exchanged, compared to its average volume of 14,167,239. The company has a market cap of $935.21 billion, a PE ratio of 76.18, a P/E/G ratio of 3.34 and a beta of 1.46. The stock has a 50 day moving average of $251.63 and a 200 day moving average of $195.70. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62.

Oracle (NYSE:ORCL - Get Free Report) last posted its 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 company had revenue of $14.93 billion for 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 company's revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts predict that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The firm 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 $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, October 9th. Oracle's dividend payout ratio (DPR) is 46.30%.

Insider Buying and Selling

In related news, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction that occurred 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 transaction, the director directly owned 17,764 shares in the company, valued at approximately $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Naomi O. Seligman sold 3,303 shares of the firm's stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the sale, the director owned 31,447 shares in the company, valued at $7,337,214.04. The trade was a 9.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 78,247 shares of company stock valued at $22,090,505 in the last ninety days. 42.20% of the stock is owned by insiders.

Oracle Company 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.