Dohj LLC Purchases New Holdings in Oracle Corporation $ORCL

Key Points

• Dohj LLC has acquired 3,132 shares of Oracle Corporation valued at approximately $685,000 in the second quarter, highlighting continued interest from institutional investors.
• Equity research analysts have raised their price targets for Oracle, with Morgan Stanley targeting $320.00 and Mizuho as high as $350.00, reflecting a generally positive outlook on the stock.
• Oracle has announced a quarterly dividend of $0.50 per share, representing a 0.7% yield, and will be paid out to shareholders on October 23rd.

Dohj LLC acquired a new position in Oracle Corporation (NYSE:ORCL - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,132 shares of the enterprise software provider's stock, valued at approximately $685,000.

Other large investors have also recently made changes to their positions in the company. Redmont Wealth Advisors LLC purchased a new stake in Oracle during the 1st quarter valued at about $27,000. Inlight Wealth Management LLC bought a new position in Oracle during the 1st quarter valued at about $28,000. Iron Horse Wealth Management LLC boosted its holdings 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 valued at $29,000 after acquiring an additional 151 shares during the last quarter. Legend Financial Advisors Inc. bought a new stake in shares of Oracle in the second quarter worth approximately $34,000. Finally, HighMark Wealth Management LLC purchased a new position in shares of Oracle during the second quarter valued at approximately $38,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on ORCL shares. Morgan Stanley lifted their target price on shares of Oracle from $246.00 to $320.00 and gave the stock an "equal weight" rating in a research report on Tuesday, September 23rd. Piper Sandler raised their price target on Oracle from $270.00 to $330.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 10th. 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. BNP Paribas set a $377.00 target price on Oracle in a report on Wednesday, September 10th. Finally, Westpark Capital raised their target price on Oracle from $195.00 to $246.00 and gave the stock a "buy" rating in a research report on Thursday, June 12th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $304.71.

Insider Activity at Oracle

In other news, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction that occurred on 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 sale, the director directly owned 17,764 shares in the company, valued at $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 104,314 shares of company stock valued at $31,272,223. Insiders own 40.90% of the company's stock.

Oracle Trading Down 2.4%

Shares of Oracle stock opened at $284.46 on Wednesday. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The company has a fifty day moving average of $264.10 and a 200 day moving average of $207.36. The company has a market capitalization of $810.94 billion, a P/E ratio of 65.85, a P/E/G ratio of 3.14 and a beta of 1.53. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72.

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 for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same period last year, the company earned $1.39 EPS. The business's revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, sell-side analysts anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

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

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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