Ethic Inc. Grows Stake in Oracle Corporation $ORCL

Key Points

• Ethic Inc. increased its stake in Oracle Corporation by 5.3% in Q2, owning 196,572 shares valued at $41.3 million, making Oracle its 14th largest holding.
• Oracle reported $1.47 earnings per share, missing estimates, with a 12.2% revenue increase year-over-year, totaling $14.93 billion.
• The company declared a quarterly dividend of $0.50 per share, with an annualized dividend yield of 0.7% and a dividend payout ratio of 46.3%.

Ethic Inc. lifted its position in Oracle Corporation (NYSE:ORCL - Free Report) by 5.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 196,572 shares of the enterprise software provider's stock after acquiring an additional 9,876 shares during the quarter. Oracle accounts for approximately 0.7% of Ethic Inc.'s investment portfolio, making the stock its 14th largest holding. Ethic Inc.'s holdings in Oracle were worth $41,327,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Redmont Wealth Advisors LLC purchased a new position in Oracle during the first quarter valued at approximately $27,000. Iron Horse Wealth Management LLC increased its holdings in shares of Oracle by 284.9% in 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 period. LGT Financial Advisors LLC bought a new position in shares of Oracle in the 2nd quarter worth $33,000. Legend Financial Advisors Inc. purchased a new stake in shares of Oracle during the 2nd quarter worth $34,000. Finally, HighMark Wealth Management LLC bought a new stake in Oracle during the second quarter valued at about $38,000. 42.44% of the stock is currently owned by institutional investors.

Oracle Stock Performance

Shares of ORCL stock opened at $274.62 on Wednesday. The stock has a market cap of $782.87 billion, a PE ratio of 63.53, a price-to-earnings-growth ratio of 2.97 and a beta of 1.53. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The business has a 50-day simple moving average of $272.62 and a 200-day simple moving average of $217.84. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 net margin of 21.08% and a return on equity of 72.93%. The company's revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The company also recently declared 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. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle's dividend payout ratio (DPR) is currently 46.30%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on ORCL shares. Cantor Fitzgerald raised their price target on shares of Oracle from $271.00 to $400.00 and gave the company an "overweight" rating in a report on Wednesday, September 10th. Melius Research upped their price target on Oracle from $270.00 to $370.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Guggenheim raised their price objective on Oracle from $375.00 to $400.00 and gave the stock a "buy" rating in a research report on Friday, October 17th. Barclays increased their price target on Oracle from $367.00 to $400.00 and gave the company an "overweight" rating in a research note on Friday. Finally, Weiss Ratings upgraded shares of Oracle from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven 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.com, Oracle currently has an average rating of "Moderate Buy" and a consensus target price of $323.69.

Insiders Place Their Bets

In other news, EVP Stuart Levey sold 19,758 shares of the stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the sale, the executive vice president directly owned 18,429 shares of the company's stock, valued at $5,528,700. This represents a 51.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Naomi O. Seligman sold 2,222 shares of Oracle stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the transaction, the director owned 29,225 shares of the company's stock, valued at approximately $8,443,394.75. This represents a 7.07% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 120,769 shares of company stock valued at $36,428,967. Insiders own 40.90% of the company's stock.

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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