Chesley Taft & Associates LLC Cuts Stock Position in Oracle Corporation $ORCL

Key Points

• Chesley Taft & Associates LLC reduced its stake in Oracle Corporation by 0.6%, now owning 170,057 shares valued at approximately $37.18 million.
• Oracle's stock price is currently $306.80, with a recent 52-week low of $118.86 and a high of $345.72, reflecting significant market interest.
• The company reported earnings of $1.47 per share for the last quarter, falling short of analyst expectations of $1.48, but showing a year-over-year revenue increase of 12.2%.

Chesley Taft & Associates LLC lessened its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 0.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 170,057 shares of the enterprise software provider's stock after selling 954 shares during the period. Oracle makes up about 1.7% of Chesley Taft & Associates LLC's investment portfolio, making the stock its 14th largest position. Chesley Taft & Associates LLC's holdings in Oracle were worth $37,180,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the business. Redmont Wealth Advisors LLC purchased a new stake in Oracle during the first quarter valued at approximately $27,000. Inlight Wealth Management LLC bought a new position in shares of Oracle during the 1st quarter valued at approximately $28,000. Iron Horse Wealth Management LLC raised its holdings in Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock valued at $29,000 after buying an additional 151 shares during the period. Sunbeam Capital Management LLC bought a new stake in Oracle in the fourth quarter worth $30,000. Finally, Mpwm Advisory Solutions LLC purchased a new position in Oracle during the fourth quarter worth $36,000. Institutional investors own 42.44% of the company's stock.

Oracle Stock Up 1.5%

Shares of NYSE ORCL opened at $306.80 on Wednesday. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The firm has a market capitalization of $871.84 billion, a price-to-earnings ratio of 71.02, a PEG ratio of 3.26 and a beta of 1.46. The stock has a 50 day moving average price of $247.52 and a 200 day moving average price of $192.43. 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 issued its 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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same period last year, the firm earned $1.39 earnings per share. The company'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. Sell-side analysts expect that Oracle Corporation will post 5 earnings per share 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 paid a $0.50 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. Oracle's dividend payout ratio is 46.30%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ORCL. Piper Sandler increased their target price on shares of Oracle from $270.00 to $330.00 and gave the company an "overweight" rating in a research note on Wednesday, September 10th. BNP Paribas set a $377.00 price objective on shares of Oracle in a research report on Wednesday, September 10th. Stifel Nicolaus raised their price objective on shares of Oracle from $250.00 to $350.00 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. Citigroup reaffirmed an "outperform" rating on shares of Oracle in a research note on Wednesday, September 10th. Finally, DA Davidson increased their price target on Oracle from $220.00 to $300.00 and gave the stock a "neutral" rating in a report on Wednesday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $303.44.

Insider Activity at Oracle

In other Oracle news, EVP Maria Smith sold 10,000 shares of the firm's stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $232.99, for a total transaction of $2,329,900.00. Following the transaction, the executive vice president owned 40,807 shares of the company's stock, valued at approximately $9,507,622.93. This trade represents a 19.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Michael D. Sicilia sold 15,880 shares of the business's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $254.48, for a total transaction of $4,041,142.40. Following the completion of the sale, the insider owned 99,212 shares of the company's stock, valued at approximately $25,247,469.76. This represents a 13.80% decrease in their position. The disclosure for this sale can be found here. Insiders sold 61,924 shares of company stock worth $16,971,612 over the last quarter. Corporate insiders own 42.20% 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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