Equitable Trust Co. Grows Position in Oracle Corporation $ORCL

Key Points

• Equitable Trust Co. increased its stake in Oracle Corporation by 63.4% during the 2nd quarter, owning over 101,648 shares valued at approximately $22 million as of the latest SEC filing.
• Oracle reported a quarterly EPS of $1.47, missing analyst expectations, with a total revenue of $14.93 billion, which reflects a 12.2% year-over-year increase.
• A recent insider sale from Director William G. Parrett included 11,500 shares sold at an average price of $306.00, reducing his position by 39.30%.

Equitable Trust Co. grew its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 63.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 101,648 shares of the enterprise software provider's stock after purchasing an additional 39,439 shares during the period. Oracle comprises approximately 1.1% of Equitable Trust Co.'s investment portfolio, making the stock its 21st largest holding. Equitable Trust Co.'s holdings in Oracle were worth $22,223,000 at the end of the most recent reporting period.

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

Insider Buying and Selling

In other news, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction on Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the transaction, the director owned 17,764 shares in the company, valued at $5,435,784. The trade was a 39.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Naomi O. Seligman sold 3,303 shares of the firm's stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total transaction of $770,655.96. Following the sale, the director owned 31,447 shares of the company's stock, valued at approximately $7,337,214.04. The trade was a 9.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 104,314 shares of company stock worth $31,272,223. 40.90% of the stock is currently owned by corporate insiders.

Oracle Stock Performance

NYSE:ORCL opened at $308.14 on Tuesday. The company's 50-day moving average price is $267.80 and its 200-day moving average price is $211.91. 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 company has a market cap of $878.43 billion, a P/E ratio of 71.33, a P/E/G ratio of 3.15 and a beta of 1.53. Oracle Corporation has a twelve month low of $118.86 and a twelve month 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 EPS for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). The business had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm's revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, sell-side analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be paid 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 yield of 0.6%. Oracle's payout ratio is 46.30%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Oracle in a research note on Wednesday, June 18th. Rothschild & Co Redburn initiated coverage on shares of Oracle in a report on Thursday, September 25th. They issued a "sell" rating and a $175.00 price target for the company. Baird R W upgraded shares of Oracle to a "strong-buy" rating in a research report on Wednesday, October 8th. Jefferies Financial Group lifted their target price on shares of Oracle from $270.00 to $360.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. Finally, Bank of America raised shares of Oracle from a "neutral" rating to a "buy" rating and raised their price target for the company from $295.00 to $368.00 in a research note on Wednesday, September 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $307.00.

Oracle Company 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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