Farmers & Merchants Investments Inc. Decreases Stock Holdings in Oracle Corporation $ORCL

Key Points

• Farmers & Merchants Investments Inc. reduced its stake in Oracle Corporation by 5.6%, selling 12,956 shares and now holding 218,040 shares valued at approximately $47.67 million.
• Oracle reported earnings per share of $1.47 for the last quarter, which missed analysts' estimates, alongside a revenue of $14.93 billion, indicating a year-over-year growth of 12.2%.
• The company announced a quarterly dividend of $0.50 per share, representing an annual yield of 0.6%, with the ex-dividend date set for October 9th.

Farmers & Merchants Investments Inc. reduced its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 5.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 218,040 shares of the enterprise software provider's stock after selling 12,956 shares during the quarter. Oracle accounts for 1.4% of Farmers & Merchants Investments Inc.'s holdings, making the stock its 13th largest position. Farmers & Merchants Investments Inc.'s holdings in Oracle were worth $47,670,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Reyes Financial Architecture Inc. boosted its stake in Oracle by 7.2% during the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider's stock worth $141,000 after buying an additional 43 shares during the last quarter. Davis Investment Partners LLC grew its stake in Oracle by 0.7% during the 2nd quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider's stock worth $1,517,000 after buying an additional 46 shares during the last quarter. Sunpointe LLC lifted its holdings in shares of Oracle by 0.9% in the 2nd quarter. Sunpointe LLC now owns 5,563 shares of the enterprise software provider's stock valued at $1,216,000 after buying an additional 48 shares during the period. American Financial Advisors LLC raised its holdings in Oracle by 2.3% during the second quarter. American Financial Advisors LLC now owns 2,234 shares of the enterprise software provider's stock worth $488,000 after purchasing an additional 50 shares during the last quarter. Finally, Weatherly Asset Management L. P. increased its position in Oracle by 0.4% during the second quarter. Weatherly Asset Management L. P. now owns 11,406 shares of the enterprise software provider's stock worth $2,494,000 after buying an additional 51 shares in the last quarter. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Oracle Price Performance

NYSE:ORCL traded up $20.44 during mid-day trading on Monday, reaching $329.10. The stock had a trading volume of 44,291,474 shares, compared to its average volume of 29,628,284. The stock has a 50-day simple moving average of $253.63 and a two-hundred day simple moving average of $196.92. The stock has a market capitalization of $935.21 billion, a PE ratio of 76.18, a P/E/G ratio of 3.34 and a beta of 1.46. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. Oracle Corporation has a 12 month low of $118.86 and a 12 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). The firm 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 business's quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's dividend payout ratio is currently 46.30%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on ORCL shares. KeyCorp lifted their target price on Oracle from $200.00 to $225.00 and gave the company an "overweight" rating in a report on Thursday, June 12th. Melius Research increased their price target on Oracle from $270.00 to $370.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Mizuho raised their target price on Oracle from $300.00 to $350.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 10th. The Goldman Sachs Group raised their target price on Oracle from $195.00 to $310.00 and gave the company a "neutral" rating in a report on Monday, September 15th. Finally, Morgan Stanley raised their price target on Oracle from $175.00 to $246.00 and gave the company an "equal weight" rating in a research report on Monday, September 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Oracle presently has an average rating of "Moderate Buy" and an average price target of $303.44.

Insider Activity at Oracle

In other Oracle news, Director William G. Parrett sold 11,500 shares of the firm's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the sale, the director owned 17,764 shares of the company's stock, valued at $5,435,784. This trade represents a 39.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Naomi O. Seligman sold 3,303 shares of the stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of 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 sold a total of 78,247 shares of company stock worth $22,090,505 in the last ninety days. Insiders own 42.20% of the company's stock.

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.