Ferguson Wellman Capital Management Inc. Sells 1,681 Shares of Oracle Corporation $ORCL

Key Points

• Ferguson Wellman Capital Management Inc. reduced its stake in Oracle Corporation by 18% in Q2, selling 1,681 shares, and now owns 7,674 shares worth approximately $1.68 million.
• Oracle's recent earnings fell short of expectations, reporting $1.47 EPS against a consensus estimate of $1.48, with revenue of $14.93 billion compared to the anticipated $15.04 billion.
• The company declared a $0.50 quarterly dividend, representing a 0.7% yield, with an ex-dividend date set for October 9th.

Ferguson Wellman Capital Management Inc. lowered its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 18.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,674 shares of the enterprise software provider's stock after selling 1,681 shares during the quarter. Ferguson Wellman Capital Management Inc.'s holdings in Oracle were worth $1,678,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in ORCL. Redmont Wealth Advisors LLC bought a new position in Oracle in the 1st quarter worth about $27,000. Inlight Wealth Management LLC bought a new position in Oracle in the 1st quarter worth about $28,000. Iron Horse Wealth Management LLC boosted its stake in Oracle by 284.9% in the 1st 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 during the period. Sunbeam Capital Management LLC bought a new stake in shares of Oracle during the 4th quarter valued at about $30,000. Finally, Fourth Dimension Wealth LLC bought a new stake in shares of Oracle during the 4th quarter valued at about $36,000. Institutional investors own 42.44% of the company's stock.

Oracle Price Performance

ORCL opened at $296.67 on Friday. The stock has a market capitalization of $843.06 billion, a PE ratio of 68.67, a price-to-earnings-growth ratio of 3.26 and a beta of 1.46. The stock's 50 day moving average price is $250.06 and its 200-day moving average price is $194.11. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share 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 analysts' expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.Oracle's revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities research analysts predict that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

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 paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's dividend payout ratio is presently 46.30%.

Insider Buying and Selling

In related news, insider Clayton M. Magouyrk sold 21,241 shares of the company's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the sale, the insider directly owned 78,000 shares of the company's stock, valued at $23,174,580. This represents a 21.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Rona Alison Fairhead purchased 480 shares of Oracle stock in a transaction that occurred on Monday, July 7th. The stock was purchased at an average cost of $233.87 per share, for a total transaction of $112,257.60. Following the completion of the purchase, the director owned 22,110 shares of the company's stock, valued at $5,170,865.70. This trade represents a 2.22% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 78,247 shares of company stock valued at $22,090,505 over the last 90 days. 42.20% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Cantor Fitzgerald lifted their price target on Oracle from $271.00 to $400.00 and gave the company an "overweight" rating in a research report on Wednesday, September 10th. Citigroup reiterated an "outperform" rating on shares of Oracle in a research report on Wednesday, September 10th. JMP Securities raised their price objective on Oracle from $315.00 to $342.00 and gave the company a "market outperform" rating in a report on Wednesday, September 10th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $240.00 price objective (up from $200.00) on shares of Oracle in a report on Thursday, June 12th. Finally, BMO Capital Markets set a $345.00 price objective on Oracle in a report on Wednesday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $303.44.

Oracle 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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