Chickasaw Capital Management LLC Acquires 2,745 Shares of Oracle Corporation $ORCL

Key Points

• Chickasaw Capital Management LLC increased its stake in Oracle Corporation by 13.4%, acquiring a total of 23,255 shares valued at approximately $5.08 million.
• Several research firms have revised their price targets for Oracle, with Stifel Nicolaus raising it significantly from $250 to $350 and maintaining a "buy" rating.
• Oracle announced a quarterly dividend of $0.50 per share, with the ex-dividend date set for October 9th, reflecting a yield of 0.7%.

Chickasaw Capital Management LLC boosted its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 13.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,255 shares of the enterprise software provider's stock after buying an additional 2,745 shares during the quarter. Chickasaw Capital Management LLC's holdings in Oracle were worth $5,084,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of ORCL. Sunbeam Capital Management LLC acquired a new stake in shares of Oracle during the fourth quarter worth about $30,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Oracle during the 1st quarter valued at approximately $27,000. Inlight Wealth Management LLC acquired a new position in shares of Oracle during the 1st quarter worth $28,000. Iron Horse Wealth Management LLC raised its position in shares of Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock worth $29,000 after purchasing an additional 151 shares during the last quarter. Finally, Mpwm Advisory Solutions LLC purchased a new stake in Oracle in the 4th quarter valued at approximately $36,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Price Performance

NYSE:ORCL traded up $12.56 during midday trading on Friday, hitting $309.18. 40,475,718 shares of the stock were exchanged, compared to its average volume of 13,997,368. 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 business has a 50-day moving average price of $250.06 and a two-hundred day moving average price of $194.11. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The company has a market capitalization of $878.60 billion, a price-to-earnings ratio of 71.57, a P/E/G ratio of 3.26 and a beta of 1.46.

Oracle (NYSE:ORCL - Get Free Report) last posted 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 company 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%.Oracle's quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts predict that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a 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 other Oracle news, Director Naomi O. Seligman sold 3,303 shares of the firm's 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 sale, the director owned 31,447 shares of the company's stock, valued at $7,337,214.04. This trade represents a 9.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the firm's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of the sale, the insider owned 78,000 shares in the company, valued at $23,174,580. This represents a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 78,247 shares of company stock valued at $22,090,505 in the last quarter. Insiders own 42.20% of the company's stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Mizuho upped their price objective on Oracle from $300.00 to $350.00 and gave the company an "outperform" rating in a research report on Wednesday, September 10th. Roth Capital reiterated a "hold" rating on shares of Oracle in a research note on Wednesday, June 18th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $240.00 price objective (up from $200.00) on shares of Oracle in a report on Thursday, June 12th. Stifel Nicolaus raised their price target on shares of Oracle from $250.00 to $350.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. Finally, KeyCorp lifted their target price on Oracle from $200.00 to $225.00 and gave the stock an "overweight" rating in a research report on Thursday, June 12th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $303.44.

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.