Carr Financial Group Corp Invests $374,000 in Oracle Corporation $ORCL

Key Points

• Carr Financial Group Corp invested approximately $374,000 in Oracle Corporation by acquiring 1,713 shares during the 2nd quarter.
• Institutional investors and hedge funds now own 42.44% of Oracle's stock, with several funds significantly increasing their holdings recently.
• Oracle announced a quarterly dividend of $0.50, which represents an annualized dividend yield of 0.6% and a payout ratio of 46.30%.

Carr Financial Group Corp acquired a new position in shares of Oracle Corporation (NYSE:ORCL - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,713 shares of the enterprise software provider's stock, valued at approximately $374,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC grew its position in Oracle by 189.3% in the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider's stock worth $25,593,000 after purchasing an additional 100,494 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in Oracle by 8.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider's stock worth $903,000 after buying an additional 404 shares in the last quarter. Ameriflex Group Inc. acquired a new stake in Oracle in the 4th quarter valued at approximately $107,000. Great Valley Advisor Group Inc. boosted its position in Oracle by 4.4% during the 4th quarter. Great Valley Advisor Group Inc. now owns 20,914 shares of the enterprise software provider's stock worth $3,485,000 after acquiring an additional 888 shares during the period. Finally, Virtue Capital Management LLC increased its holdings in shares of Oracle by 21.6% during the fourth quarter. Virtue Capital Management LLC now owns 2,898 shares of the enterprise software provider's stock valued at $483,000 after purchasing an additional 515 shares during the period. Institutional investors and hedge funds own 42.44% of the company's stock.

Insider Buying and Selling at Oracle

In other Oracle news, Director William G. Parrett sold 11,500 shares of the business's stock in a transaction dated 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 owned 17,764 shares in the company, valued at $5,435,784. The trade was a 39.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Naomi O. Seligman sold 3,303 shares of the stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of the transaction, the director owned 31,447 shares in the company, valued at $7,337,214.04. This represents a 9.51% decrease in their position. The disclosure for this sale can be found here. Insiders sold 112,092 shares of company stock valued at $32,960,165 in the last quarter. Corporate insiders own 42.20% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on ORCL shares. Westpark Capital increased their target price on shares of Oracle from $195.00 to $246.00 and gave the company a "buy" rating in a research report on Thursday, June 12th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $240.00 target price (up from $200.00) on shares of Oracle in a research report on Thursday, June 12th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Oracle in a research note on Thursday, September 11th. Jefferies Financial Group upped their price objective on Oracle from $270.00 to $360.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. Finally, Evercore ISI boosted their price target on shares of Oracle from $270.00 to $340.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Oracle has an average rating of "Moderate Buy" and a consensus target price of $305.75.

Oracle Trading Down 4.0%

NYSE ORCL opened at $314.90 on Wednesday. The firm's 50 day moving average price is $255.23 and its two-hundred day moving average price is $197.74. 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 twelve month low of $118.86 and a twelve month high of $345.72. The stock has a market cap of $894.84 billion, a price-to-earnings ratio of 72.89, a PEG ratio of 3.55 and a beta of 1.46.

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 for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). The business had revenue of $14.93 billion for the quarter, compared to analysts' expectations of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business's quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The business also recently announced 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 dividend on an annualized basis and a yield of 0.6%. Oracle's dividend payout ratio is presently 46.30%.

About Oracle

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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