Financial Management Network Inc. Purchases Shares of 1,379 Oracle Corporation $ORCL

Key Points

• Financial Management Network Inc. has acquired a new stake in Oracle Corporation, purchasing 1,379 shares valued at approximately $327,000 during Q2.
• Oracle's stock price recently opened at $301.64, reflecting a 1.6% decline, with a market capitalization of $857.17 billion and a P/E ratio of 69.82.
• The company announced a quarterly dividend of $0.50 per share, set to be paid on October 23rd, representing an annualized yield of 0.7% based on a payout ratio of 46.30%.

Financial Management Network Inc. bought a new stake in Oracle Corporation (NYSE:ORCL - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,379 shares of the enterprise software provider's stock, valued at approximately $327,000.

Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock valued at $22,498,982,000 after buying an additional 3,513,464 shares in the last quarter. Northern Trust Corp boosted its stake in Oracle by 0.6% during the 1st quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock worth $2,760,048,000 after purchasing an additional 120,889 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Oracle by 0.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider's stock worth $1,941,195,000 after purchasing an additional 59,164 shares during the period. Amundi boosted its stake in Oracle by 3.3% during the 1st quarter. Amundi now owns 12,736,855 shares of the enterprise software provider's stock worth $1,749,280,000 after purchasing an additional 409,691 shares during the period. Finally, Polen Capital Management LLC boosted its stake in Oracle by 17.6% during the 1st quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider's stock worth $1,762,878,000 after purchasing an additional 1,885,370 shares during the period. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Trading Up 4.2%

Shares of Oracle stock traded up $12.56 during mid-day trading on Friday, hitting $309.18. 40,475,718 shares of the stock were exchanged, compared to its average volume of 28,056,660. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The stock has a market capitalization of $878.60 billion, a price-to-earnings ratio of 71.57, a price-to-earnings-growth ratio of 3.34 and a beta of 1.46. The company has a 50-day simple moving average of $251.63 and a 200 day simple moving average of $195.39. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL - Get Free Report) last released 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 return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same period in the prior year, the business earned $1.39 earnings per share. Oracle'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. Research analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be given a $0.50 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.6%. Oracle's dividend payout ratio (DPR) is currently 46.30%.

Insiders Place Their Bets

In related news, insider Clayton M. Magouyrk sold 21,241 shares of the firm'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 value of $6,310,913.51. Following the sale, the insider directly owned 78,000 shares of the company's stock, valued at approximately $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The transaction 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 firm's stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total transaction of $770,655.96. Following the completion of the sale, the director directly owned 31,447 shares in the company, valued at $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. In the last three months, insiders sold 78,247 shares of company stock valued at $22,090,505. 42.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

ORCL has been the subject of a number of recent research reports. Jefferies Financial Group increased their price target on shares of Oracle from $270.00 to $360.00 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. Morgan Stanley raised their target price on shares of Oracle from $175.00 to $246.00 and gave the stock an "equal weight" rating in a research note on Monday, September 8th. Cowen restated a "buy" rating and issued a $375.00 target price on shares of Oracle in a research note on Wednesday, September 10th. Oppenheimer restated an "outperform" rating on shares of Oracle in a research note on Wednesday, June 18th. Finally, Guggenheim raised their target price on shares of Oracle from $250.00 to $375.00 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. Two investment 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 data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $303.44.

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.