Elser Financial Planning Inc Takes $1.07 Million Position in Oracle Corporation $ORCL

Key Points

• Elser Financial Planning Inc has acquired a new position in Oracle Corporation, purchasing 4,537 shares valued at approximately $1.07 million during Q2.
• Oracle recently reported quarterly earnings of $1.47 per share, falling short of analysts' expectations, with revenue reaching $14.93 billion.
• The company announced a quarterly dividend of $0.50 per share, scheduled to be paid on October 23rd, with a dividend yield of 0.7%.

Elser Financial Planning Inc purchased a new position in Oracle Corporation (NYSE:ORCL - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,537 shares of the enterprise software provider's stock, valued at approximately $1,066,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ORCL. Redmont Wealth Advisors LLC bought a new position in shares of Oracle in the first quarter worth approximately $27,000. Inlight Wealth Management LLC bought a new position in Oracle in the 1st quarter valued at approximately $28,000. Iron Horse Wealth Management LLC boosted its stake 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 purchasing an additional 151 shares during the last quarter. Legend Financial Advisors Inc. bought a new stake in shares of Oracle in the 2nd quarter worth $34,000. Finally, Graybill Wealth Management LTD. purchased a new position in shares of Oracle in the first quarter worth $39,000. Institutional investors own 42.44% of the company's stock.

Insider Activity at Oracle

In related news, insider Clayton M. Magouyrk sold 21,241 shares of the company's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the transaction, the insider owned 78,000 shares of the company's stock, valued at approximately $23,174,580. This represents a 21.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Naomi O. Seligman sold 3,303 shares of the firm's stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the sale, the director directly owned 31,447 shares in the company, valued at approximately $7,337,214.04. This represents a 9.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 112,092 shares of company stock worth $32,960,165 in the last 90 days. Company insiders own 42.20% of the company's stock.

Oracle Stock Performance

NYSE:ORCL opened at $283.29 on Monday. 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 stock has a 50-day simple moving average of $258.19 and a two-hundred day simple moving average of $201.16. The firm has a market capitalization of $805.03 billion, a PE ratio of 65.58, a P/E/G ratio of 3.05 and a beta of 1.46. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72.

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

Oracle Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Redburn Partners set a $175.00 price objective on Oracle in a research report on Thursday. JPMorgan Chase & Co. raised their price target on shares of Oracle from $185.00 to $210.00 and gave the company a "neutral" rating in a report on Monday, September 8th. Citigroup reissued an "outperform" rating on shares of Oracle in a report on Wednesday, September 10th. Piper Sandler raised their target price on shares of Oracle from $270.00 to $330.00 and gave the stock an "overweight" rating in a report on Wednesday, September 10th. Finally, Morgan Stanley boosted their target price on shares of Oracle from $246.00 to $320.00 and gave the company an "equal weight" rating in a research note on Tuesday, September 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $304.71.

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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