Eads & Heald Wealth Management Lowers Stock Position in Oracle Corporation $ORCL

Key Points

• Eads & Heald Wealth Management has reduced its stake in Oracle Corporation by 6.4%, now holding 18,037 shares worth approximately $3.94 million.
• Insider transactions reveal that Oracle's directors have sold significant portions of their shares, with one director reducing their holdings by 39.30%.
• Wall Street analysts have increased their price targets for Oracle, with forecasts predicting a consensus target price of $304.71 and ratings ranging from Strong Buy to Sell.

Eads & Heald Wealth Management lowered its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 6.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,037 shares of the enterprise software provider's stock after selling 1,224 shares during the period. Oracle makes up about 1.9% of Eads & Heald Wealth Management's holdings, making the stock its 2nd biggest position. Eads & Heald Wealth Management's holdings in Oracle were worth $3,943,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in ORCL. Nuveen LLC purchased a new position in Oracle in the 1st quarter worth approximately $732,692,000. Vanguard Group Inc. increased its stake in Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock worth $22,498,982,000 after purchasing an additional 3,513,464 shares during the period. Kingstone Capital Partners Texas LLC bought a new stake in Oracle during the 2nd quarter valued at $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of Oracle by 79.2% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider's stock worth $648,572,000 after purchasing an additional 2,049,687 shares during the period. Finally, Assenagon Asset Management S.A. grew its position in shares of Oracle by 840.7% in the 2nd quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider's stock worth $463,380,000 after buying an additional 1,894,157 shares during the last quarter. Institutional investors own 42.44% of the company's stock.

Insider Buying and Selling at Oracle

In related news, Director Naomi O. Seligman sold 2,222 shares of the business's stock in a transaction on Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the transaction, the director directly owned 29,225 shares of the company's stock, valued at $8,443,394.75. The trade was a 7.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction dated 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 transaction, the director directly owned 17,764 shares of the company's stock, valued at approximately $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 104,314 shares of company stock valued at $31,272,223 in the last 90 days. Corporate insiders own 40.90% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Westpark Capital upped their price target on Oracle from $195.00 to $246.00 and gave the stock a "buy" rating in a research note on Thursday, June 12th. JPMorgan Chase & Co. boosted their target price on Oracle from $185.00 to $210.00 and gave the stock a "neutral" rating in a research report on Monday, September 8th. Morgan Stanley increased their target price on Oracle from $246.00 to $320.00 and gave the company an "equal weight" rating in a report on Tuesday, September 23rd. Sanford C. Bernstein upped their price objective on Oracle from $363.00 to $364.00 and gave the stock an "outperform" rating in a research note on Friday, September 26th. Finally, Wolfe Research raised their price objective on shares of Oracle from $300.00 to $400.00 and gave the company an "outperform" rating in a research report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Oracle has an average rating of "Moderate Buy" and a consensus target price of $304.71.

Oracle Stock Performance

Shares of Oracle stock opened at $286.23 on Monday. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The company has a 50-day simple moving average of $262.53 and a two-hundred day simple moving average of $205.85. 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 market capitalization of $815.99 billion, a PE ratio of 66.26, a P/E/G ratio of 3.08 and a beta of 1.53.

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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. During the same quarter in the previous year, the business earned $1.39 earnings per share. The company's revenue for the quarter was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts expect that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.