Catalyst Capital Advisors LLC Trims Stake in Oracle Corporation $ORCL

Key Points

• Catalyst Capital Advisors LLC significantly reduced its stake in Oracle Corporation by 75.4% during the second quarter, ending up with 907 shares valued at $198,000.
• Analyst ratings for Oracle are largely positive, with a consensus rating of "Moderate Buy" and a price target averaging $323.69.
• Oracle reported earnings of $1.47 per share for the last quarter, slightly below the expected $1.48, while its revenue grew by 12.2% year-over-year.

Catalyst Capital Advisors LLC lowered its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 75.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 907 shares of the enterprise software provider's stock after selling 2,779 shares during the quarter. Catalyst Capital Advisors LLC's holdings in Oracle were worth $198,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. LGT Financial Advisors LLC acquired a new stake in shares of Oracle in the second quarter valued at $33,000. Legend Financial Advisors Inc. acquired a new stake in shares of Oracle in the second quarter valued at $34,000. HighMark Wealth Management LLC acquired a new stake in shares of Oracle in the second quarter valued at $38,000. Moser Wealth Advisors LLC grew its stake in shares of Oracle by 1,770.0% in the second quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider's stock valued at $41,000 after buying an additional 177 shares in the last quarter. Finally, Redmont Wealth Advisors LLC acquired a new stake in shares of Oracle in the first quarter valued at $27,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ORCL shares. Redburn Partners set a $175.00 price objective on Oracle in a research note on Thursday, September 25th. William Blair reissued an "outperform" rating on shares of Oracle in a research note on Friday, October 17th. Piper Sandler boosted their target price on Oracle from $330.00 to $380.00 and gave the stock an "overweight" rating in a research note on Friday, October 17th. BMO Capital Markets set a $355.00 target price on Oracle and gave the stock an "outperform" rating in a research note on Monday, October 13th. Finally, Citigroup reissued a "buy" rating on shares of Oracle in a research note on Friday, October 10th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $323.69.

Oracle Trading Up 1.2%

NYSE:ORCL opened at $283.45 on Friday. The stock has a 50-day simple moving average of $274.59 and a 200-day simple moving average of $220.37. The stock has a market cap of $808.05 billion, a P/E ratio of 65.61, a P/E/G ratio of 3.01 and a beta of 1.53. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. 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 (NYSE:ORCL - Get Free Report) last released its quarterly earnings data 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 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 revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were given 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 was Thursday, October 9th. Oracle's dividend payout ratio is currently 46.30%.

Insider Transactions at Oracle

In related news, CEO Clayton M. Magouyrk sold 40,000 shares of the company's stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $276.64, for a total value of $11,065,600.00. Following the completion of the sale, the chief executive officer directly owned 154,030 shares of the company's stock, valued at $42,610,859.20. This represents a 20.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of the company's stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the sale, the director directly owned 29,225 shares of the company's stock, valued at approximately $8,443,394.75. This trade represents a 7.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 170,769 shares of company stock worth $50,297,667. Insiders own 40.90% of the company's stock.

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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