Family Capital Management Inc. Invests $204,000 in Oracle Corporation $ORCL

Key Points

• Family Capital Management Inc. made a new investment in Oracle Corporation, purchasing 931 shares valued at approximately $204,000 during the second quarter.
• Oracle recently reported quarterly earnings of $1.47 EPS, slightly missing analyst expectations, while the company's revenue increased 12.2% year-over-year.
• A quarterly dividend of $0.50 will be paid on October 23rd, with a current dividend yield of 0.7%.

Family Capital Management Inc. purchased a new position in shares of Oracle Corporation (NYSE:ORCL - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 931 shares of the enterprise software provider's stock, valued at approximately $204,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Redmont Wealth Advisors LLC acquired a new position in shares of Oracle during the first quarter worth about $27,000. Iron Horse Wealth Management LLC increased its stake in shares of 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 acquiring an additional 151 shares during the period. LGT Financial Advisors LLC acquired a new position in shares of Oracle during the second quarter worth about $33,000. Legend Financial Advisors Inc. acquired a new position in shares of Oracle during the second quarter worth about $34,000. Finally, HighMark Wealth Management LLC acquired a new position in shares of Oracle during the second quarter worth about $38,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Stock Down 0.7%

Shares of NYSE ORCL opened at $275.12 on Wednesday. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The company has a market capitalization of $784.31 billion, a PE ratio of 63.69, a price-to-earnings-growth ratio of 2.97 and a beta of 1.53. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The firm's 50-day moving average is $272.62 and its two-hundred day moving average is $217.84.

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

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders 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 dividend payout ratio is 46.30%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Jefferies Financial Group boosted their price target on shares of Oracle from $360.00 to $400.00 and gave the stock a "buy" rating in a research note on Friday. BMO Capital Markets set a $355.00 price objective on shares of Oracle and gave the stock an "outperform" rating in a report on Monday, October 13th. Stifel Nicolaus boosted their price objective on shares of Oracle from $250.00 to $350.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Weiss Ratings raised shares of Oracle from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, October 8th. Finally, Stephens boosted their price objective on shares of Oracle from $208.00 to $331.00 and gave the stock an "equal weight" rating in a report on Friday, October 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $323.69.

Insider Buying and Selling

In related news, insider Clayton M. Magouyrk sold 21,241 shares of the company's stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Stuart Levey sold 19,758 shares of the company's stock in a transaction that occurred on 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 transaction, the executive vice president directly owned 18,429 shares in the company, valued at $5,528,700. The trade was a 51.74% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 120,769 shares of company stock valued at $36,428,967. 40.90% of the stock is owned by company insiders.

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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