Galvin Gaustad & Stein LLC Makes New Investment in Oracle Corporation $ORCL

Key Points

• Galvin Gaustad & Stein LLC has made a new investment in Oracle Corporation, purchasing 1,271 shares valued at approximately $278,000.
• Oracle's most recent quarterly earnings report indicated earnings per share of $1.47, which fell slightly short of analyst estimates, with revenue increasing by 12.2% year-over-year.
• The company has announced a quarterly dividend of $0.50 per share, with a yield of 0.7%, scheduled for payment on October 23rd.

Galvin Gaustad & Stein LLC purchased a new stake in Oracle Corporation (NYSE:ORCL - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm purchased 1,271 shares of the enterprise software provider's stock, valued at approximately $278,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Cardano Risk Management B.V. acquired a new stake in Oracle in the second quarter valued at about $108,916,000. Pinion Investment Advisors LLC acquired a new stake in Oracle in the second quarter valued at about $561,000. WMG Financial Advisors LLC lifted its position in Oracle by 11.7% in the second quarter. WMG Financial Advisors LLC now owns 2,990 shares of the enterprise software provider's stock valued at $654,000 after purchasing an additional 314 shares during the period. Argyle Capital Management LLC lifted its position in Oracle by 1.8% in the second quarter. Argyle Capital Management LLC now owns 25,371 shares of the enterprise software provider's stock valued at $5,547,000 after purchasing an additional 450 shares during the period. Finally, Coordinated Financial Services Inc. acquired a new stake in Oracle in the second quarter valued at about $396,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Rothschild & Co Redburn assumed coverage on shares of Oracle in a research report on Thursday, September 25th. They set a "sell" rating and a $175.00 price target for the company. Evercore ISI lifted their price target on shares of Oracle from $340.00 to $350.00 and gave the company an "outperform" rating in a research report on Friday. Piper Sandler lifted their price target on shares of Oracle from $270.00 to $330.00 and gave the company an "overweight" rating in a research report on Wednesday, September 10th. Robert W. Baird assumed coverage on shares of Oracle in a research report on Wednesday. They set an "outperform" rating and a $365.00 price target for the company. Finally, Sanford C. Bernstein lifted their price target on shares of Oracle from $363.00 to $364.00 and gave the company an "outperform" rating in a research report on Friday, September 26th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $306.71.

Oracle Trading Down 1.3%

Shares of ORCL opened at $293.04 on Friday. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The firm has a 50 day simple moving average of $266.69 and a 200-day simple moving average of $209.86. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The stock has a market cap of $835.40 billion, a price-to-earnings ratio of 67.83, a price-to-earnings-growth ratio of 3.20 and a beta of 1.53.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings data 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 return on equity of 72.93% and a net margin of 21.08%.The business had revenue of $14.93 billion for the quarter, compared to analysts' expectations of $15.04 billion. During the same period last year, the business earned $1.39 earnings per share. The company'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. Equities analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders 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 payout ratio is presently 46.30%.

Insider Activity

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the completion of the sale, the insider directly owned 132,656 shares of the company's stock, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of the sale, the insider directly owned 78,000 shares of the company's stock, valued at $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 104,314 shares of company stock valued at $31,272,223 over the last quarter. Insiders own 40.90% 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.

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