Diversified Enterprises LLC Boosts Position in Oracle Corporation $ORCL

Key Points

• Diversified Enterprises LLC increased its stake in Oracle Corporation by 25.8%, bringing its total holdings to 6,431 shares valued at approximately $1.41 million.
• Equities analysts are optimistic about Oracle's prospects, with 27 analyststarget price consensus of $304.71.
• Oracle's quarterly earnings report showed a slight miss on EPS estimates, reporting $1.47 vs an expected $1.48, but revenue still increased by 12.2% year-over-year.

Diversified Enterprises LLC boosted its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 25.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 6,431 shares of the enterprise software provider's stock after buying an additional 1,318 shares during the period. Diversified Enterprises LLC's holdings in Oracle were worth $1,406,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in ORCL. Redmont Wealth Advisors LLC purchased a new stake in shares of Oracle during the first quarter valued at approximately $27,000. Inlight Wealth Management LLC acquired a new stake in shares of Oracle during the first quarter worth $28,000. Iron Horse Wealth Management LLC raised its stake in Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock worth $29,000 after acquiring an additional 151 shares during the period. Legend Financial Advisors Inc. bought a new stake in shares of Oracle in the 2nd quarter worth approximately $34,000. Finally, Graybill Wealth Management LTD. bought a new stake in Oracle in the first quarter valued at $39,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on ORCL shares. CIBC reissued a "buy" rating on shares of Oracle in a report on Monday, June 9th. Bank of America upgraded shares of Oracle from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $295.00 to $368.00 in a research report on Wednesday, September 10th. JPMorgan Chase & Co. boosted their price target on shares of Oracle from $185.00 to $210.00 and gave the stock a "neutral" rating in a research report on Monday, September 8th. Oppenheimer reaffirmed an "outperform" rating on shares of Oracle in a research note on Wednesday, June 18th. Finally, JMP Securities reiterated a "market outperform" rating and issued a $342.00 target price on shares of Oracle in a research report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $304.71.

Oracle Trading Down 2.8%

Shares of Oracle stock opened at $283.29 on Friday. The company's fifty day simple moving average is $258.19 and its 200-day simple moving average is $200.44. The company has a market cap of $805.03 billion, a price-to-earnings ratio of 65.58, a PEG ratio of 3.13 and a beta of 1.46. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last announced 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 during 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% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, sell-side analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's dividend payout ratio (DPR) is 46.30%.

Insider Transactions at Oracle

In related news, Director Naomi O. Seligman sold 3,303 shares of the firm's stock in a transaction 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 directly owned 31,447 shares of the company's stock, valued at $7,337,214.04. This trade represents a 9.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the transaction, the insider directly owned 132,656 shares of the company's stock, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 112,092 shares of company stock valued at $32,960,165 over the last 90 days. Corporate insiders own 42.20% of the company's stock.

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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