Foster & Motley Inc. Lowers Position in Oracle Corporation $ORCL

Key Points

• Foster & Motley Inc. has reduced its position in Oracle Corporation by 17.8%, bringing their holdings down to 82,467 shares worth approximately $18 million.
• Several institutional investors, including Redmont Wealth Advisors and Iron Horse Wealth Management, have recently either increased their stakes or entered new positions in Oracle, indicating a mixed sentiment among investors.
• Oracle's stock received positive ratings from various analysts, with target prices increased by firms such as Scotiabank and Bank of America, reflecting a generally optimistic outlook despite a minor EPS miss in recent earnings reports.

Foster & Motley Inc. reduced its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 17.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 82,467 shares of the enterprise software provider's stock after selling 17,871 shares during the period. Oracle accounts for about 1.0% of Foster & Motley Inc.'s holdings, making the stock its 17th biggest position. Foster & Motley Inc.'s holdings in Oracle were worth $18,030,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Redmont Wealth Advisors LLC purchased a new position in Oracle in the first quarter worth $27,000. Inlight Wealth Management LLC bought a new position in Oracle during the first quarter worth about $28,000. Iron Horse Wealth Management LLC boosted its holdings 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 buying an additional 151 shares during the period. Legend Financial Advisors Inc. purchased a new stake in shares of Oracle during the second quarter worth $34,000. Finally, HighMark Wealth Management LLC bought a new position in shares of Oracle in the second quarter worth $38,000. 42.44% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on ORCL shares. Scotiabank lifted their target price on Oracle from $350.00 to $360.00 and gave the company an "outperform" rating in a report on Friday. Bank of America raised shares of Oracle from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $295.00 to $368.00 in a research note on Wednesday, September 10th. Sanford C. Bernstein increased their target price on shares of Oracle from $363.00 to $364.00 and gave the stock an "outperform" rating in a research note on Friday, September 26th. BMO Capital Markets set a $355.00 price target on shares of Oracle and gave the company an "outperform" rating in a report on Monday. Finally, Barclays upped their price target on shares of Oracle from $367.00 to $400.00 and gave the stock an "overweight" rating in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $323.40.

Oracle Stock Performance

NYSE ORCL opened at $291.95 on Friday. The company has a 50-day simple moving average of $271.71 and a two-hundred day simple moving average of $215.37. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The firm has a market cap of $832.28 billion, a price-to-earnings ratio of 67.58, a PEG ratio of 3.37 and a beta of 1.53. 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 released its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same period last year, the firm posted $1.39 EPS. The company's revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be issued a $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. Oracle's dividend payout ratio (DPR) is currently 46.30%.

Insider Buying and Selling

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, insider Clayton M. Magouyrk sold 21,241 shares of the company's stock in a transaction dated 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 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 disclosure for this sale can be found here. Insiders sold 120,769 shares of company stock valued at $36,428,967 over the last quarter. Company insiders own 40.90% of the company's stock.

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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