Brookstone Capital Management Boosts Stock Position in Oracle Corporation $ORCL

Key Points

• Brookstone Capital Management has increased its investment in Oracle Corporation by 15.7%, holding a total of 121,864 shares valued at approximately $26.6 million.
• Oracle's latest earnings report showed an EPS of $1.47, slightly below analyst expectations, and a revenue of $14.93 billion, which was also below forecasts.
• Oracle recently announced a quarterly dividend of $0.50 per share, reflecting an annualized dividend yield of 0.7%, with a payout ratio of 46.3%.

Brookstone Capital Management raised its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 15.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 121,864 shares of the enterprise software provider's stock after purchasing an additional 16,579 shares during the period. Brookstone Capital Management's holdings in Oracle were worth $26,643,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ORCL. Nuveen LLC purchased a new position in Oracle in the first quarter valued at about $732,692,000. Vanguard Group Inc. grew its stake in shares of Oracle by 2.2% during the first 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. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Oracle during the second quarter worth about $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Oracle by 79.2% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider's stock worth $648,572,000 after acquiring an additional 2,049,687 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its stake in shares of Oracle by 840.7% during the second quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider's stock worth $463,380,000 after acquiring an additional 1,894,157 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company's stock.

Oracle Trading Down 0.7%

Shares of NYSE:ORCL opened at $275.12 on Wednesday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The company has a market capitalization of $784.31 billion, a PE ratio of 63.69, a PEG ratio of 2.97 and a beta of 1.53. The business has a 50 day moving average of $272.62 and a two-hundred day moving average of $217.84. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last announced its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). The business had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company's quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

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

Insider Buying and Selling at Oracle

In other news, Director Naomi O. Seligman sold 2,222 shares of the company's stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the transaction, the director directly owned 29,225 shares of the company's stock, valued at $8,443,394.75. This represents a 7.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction that occurred on Friday, September 12th. The stock was 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 of the company's stock, valued at approximately $5,435,784. The trade was a 39.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 120,769 shares of company stock worth $36,428,967. 40.90% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ORCL. Cantor Fitzgerald boosted their price target on Oracle from $271.00 to $400.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 10th. Stifel Nicolaus upped their target price on Oracle from $250.00 to $350.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. Scotiabank upped their target price on Oracle from $350.00 to $360.00 and gave the company an "outperform" rating in a research report on Friday. William Blair reiterated an "outperform" rating on shares of Oracle in a research report on Friday, October 17th. Finally, Jefferies Financial Group upped their target price on Oracle from $360.00 to $400.00 and gave the company a "buy" rating in a research report on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target 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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