Fruth Investment Management Takes $235,000 Position in Oracle Corporation $ORCL

Key Points

• Fruth Investment Management has acquired a new stake in Oracle Corporation, valued at approximately $235,000 for 1,075 shares during the second quarter.
• Recent analyst upgrades have raised Oracle's price objectives significantly, with Guggenheim and TD Cowen both setting price targets at $375.00 and giving the stock a "buy" rating.
• Insider activity shows a significant sale by Clayton M. Magouyrk, who sold 21,241 shares for approximately $6.31 million, representing a 21.40% decrease in his position.

Fruth Investment Management acquired a new stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,075 shares of the enterprise software provider's stock, valued at approximately $235,000.

Other hedge funds also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC acquired a new position in Oracle in the 1st quarter worth approximately $27,000. Inlight Wealth Management LLC acquired a new position in Oracle in the 1st quarter valued at about $28,000. Iron Horse Wealth Management LLC grew its position 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 buying an additional 151 shares in the last quarter. Sunbeam Capital Management LLC purchased a new stake in Oracle during the fourth quarter worth approximately $30,000. Finally, Fourth Dimension Wealth LLC purchased a new stake in shares of Oracle during the fourth quarter worth approximately $36,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ORCL has been the topic of several recent research reports. Guggenheim upped their price objective on Oracle from $250.00 to $375.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. TD Cowen raised their price objective on Oracle from $325.00 to $375.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Royal Bank Of Canada raised their price objective on Oracle from $145.00 to $195.00 and gave the company a "sector perform" rating in a research note on Thursday, June 12th. Cowen reaffirmed a "buy" rating and set a $375.00 target price on shares of Oracle in a report on Wednesday, September 10th. Finally, BMO Capital Markets set a $345.00 price target on Oracle in a report on Wednesday, September 10th. 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. Based on data from MarketBeat.com, Oracle has a consensus rating of "Moderate Buy" and an average price target of $303.44.

Insider Activity

In other news, insider Clayton M. Magouyrk sold 21,241 shares of the firm's stock in a transaction 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 sale, the insider owned 78,000 shares in the company, valued at approximately $23,174,580. This trade represents a 21.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Rona Alison Fairhead bought 480 shares of the firm's stock in a transaction that occurred on Monday, July 7th. The stock was acquired at an average price of $233.87 per share, for a total transaction of $112,257.60. Following the transaction, the director owned 22,110 shares in the company, 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. In the last 90 days, insiders have sold 78,247 shares of company stock worth $22,090,505. Corporate insiders own 42.20% of the company's stock.

Oracle Price Performance

ORCL stock opened at $309.18 on Friday. The stock has a market capitalization of $878.60 billion, a PE ratio of 71.57, a price-to-earnings-growth ratio of 3.34 and a beta of 1.46. The company's 50-day moving average is $251.63 and its 200-day moving average is $195.39. 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 1 year low of $118.86 and a 1 year high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 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 firm had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. During the same quarter last year, the business posted $1.39 EPS. The company's quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts expect that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently disclosed 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. The ex-dividend date 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 46.30%.

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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