GC Wealth Management RIA LLC Purchases 32,737 Shares of Oracle Corporation $ORCL

Key Points

• GC Wealth Management RIA LLC significantly increased its holdings in Oracle Corporation by 441.7% in the second quarter, acquiring an additional 32,737 shares, bringing its total ownership to 40,148 shares worth approximately $8.78 million.
• Oracle reported a net margin of 21.08% and a 12.2% increase in revenue compared to the previous year, despite slightly missing earnings expectations for the quarter.
• The company announced a quarterly dividend of $0.50 per share, set to be paid on October 23rd, representing a 0.7% dividend yield.

GC Wealth Management RIA LLC grew its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 441.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 40,148 shares of the enterprise software provider's stock after acquiring an additional 32,737 shares during the quarter. Oracle accounts for 0.7% of GC Wealth Management RIA LLC's holdings, making the stock its 20th biggest position. GC Wealth Management RIA LLC's holdings in Oracle were worth $8,778,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ORCL. Reyes Financial Architecture Inc. increased its stake in Oracle by 7.2% in the 2nd quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider's stock valued at $141,000 after buying an additional 43 shares during the last quarter. Davis Investment Partners LLC boosted its stake in shares of Oracle by 0.7% during the 2nd quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider's stock worth $1,517,000 after buying an additional 46 shares during the last quarter. Acropolis Investment Management LLC grew its holdings in shares of Oracle by 2.6% in the 2nd quarter. Acropolis Investment Management LLC now owns 1,850 shares of the enterprise software provider's stock valued at $404,000 after acquiring an additional 47 shares in the last quarter. Sunpointe LLC increased its position in shares of Oracle by 0.9% in the second quarter. Sunpointe LLC now owns 5,563 shares of the enterprise software provider's stock valued at $1,216,000 after acquiring an additional 48 shares during the last quarter. Finally, American Financial Advisors LLC raised its holdings in Oracle by 2.3% during the second quarter. American Financial Advisors LLC now owns 2,234 shares of the enterprise software provider's stock worth $488,000 after acquiring an additional 50 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Trading Down 2.8%

ORCL stock opened at $283.29 on Monday. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The stock has a market cap of $805.03 billion, a price-to-earnings ratio of 65.58, a price-to-earnings-growth ratio of 3.05 and a beta of 1.46. The company has a fifty day moving average price of $258.19 and a two-hundred day moving average price of $201.16. 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 (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 the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle's revenue for the quarter was up 12.2% compared to the same quarter last year. 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. Equities analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

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

Insider Buying and Selling

In other Oracle news, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the transaction, the director directly owned 17,764 shares of the company's stock, valued at $5,435,784. This represents a 39.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the transaction, the insider owned 132,656 shares in the company, valued at $42,603,800.96. The trade was a 20.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 112,092 shares of company stock valued at $32,960,165 in the last ninety days. 42.20% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ORCL. Roth Capital restated a "hold" rating on shares of Oracle in a research note on Wednesday, June 18th. KeyCorp increased their price objective on Oracle from $200.00 to $225.00 and gave the company an "overweight" rating in a report on Thursday, June 12th. Evercore ISI boosted their target price on shares of Oracle from $270.00 to $340.00 and gave the stock an "outperform" rating in a report on Wednesday, September 10th. Sanford C. Bernstein upped their price target on shares of Oracle from $363.00 to $364.00 and gave the stock an "outperform" rating in a research report on Friday. Finally, Jefferies Financial Group lifted their price objective on shares of Oracle from $270.00 to $360.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Oracle presently has a consensus rating of "Moderate Buy" and an average target price of $304.71.

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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