Global Assets Advisory LLC Acquires 1,180 Shares of Oracle Corporation $ORCL

Key Points

• Global Assets Advisory LLC increased its stake in Oracle Corporation by 15.3%, bringing its total holdings to 8,887 shares valued at approximately $1.946 million.
• Oracle's recent earnings report indicated EPS of $1.47, falling short of expectations, with quarterly revenue of $14.93 billion, up 12.2% year-over-year but below forecasts.
• Oracle announced a quarterly dividend of $0.50 per share, reflecting an annualized yield of 0.7% and a payout ratio of 46.30%.

Global Assets Advisory LLC boosted its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 15.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,887 shares of the enterprise software provider's stock after acquiring an additional 1,180 shares during the quarter. Global Assets Advisory LLC's holdings in Oracle were worth $1,946,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Nuveen LLC bought a new stake in shares of Oracle in the 1st quarter worth about $732,692,000. Vanguard Group Inc. lifted its stake in Oracle by 2.2% in the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock worth $22,498,982,000 after purchasing an additional 3,513,464 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in shares of Oracle during the second quarter valued at approximately $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Oracle by 79.2% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider's stock worth $648,572,000 after buying an additional 2,049,687 shares during the period. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Oracle by 840.7% in the second quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider's stock worth $463,380,000 after buying an additional 1,894,157 shares during the period. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Oracle Stock Performance

Shares of ORCL stock opened at $286.23 on Monday. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The business's fifty day simple moving average is $262.53 and its 200-day simple moving average is $205.85. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The company has a market cap of $815.99 billion, a PE ratio of 66.26, a PEG ratio of 3.08 and a beta of 1.53.

Oracle (NYSE:ORCL - Get Free Report) last announced its earnings results 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). 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 quarter last year, the firm earned $1.39 earnings per share. The firm's quarterly revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

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 paid a $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. Oracle's dividend payout ratio (DPR) is 46.30%.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Citigroup reaffirmed an "outperform" rating on shares of Oracle in a research report on Wednesday, September 10th. Melius Research upped their price target on shares of Oracle from $270.00 to $370.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Evercore ISI lifted their price objective on shares of Oracle from $270.00 to $340.00 and gave the company an "outperform" rating in a report on Wednesday, September 10th. Loop Capital set a $135.00 target price on shares of Oracle in a research report on Tuesday, June 10th. Finally, Rothschild & Co Redburn started coverage on Oracle in a report on Thursday, September 25th. They issued a "sell" rating and a $175.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $304.71.

Insider Activity at Oracle

In other news, Director Naomi O. Seligman sold 2,222 shares of the business's stock in a transaction on Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the sale, the director directly owned 29,225 shares of the company's stock, valued at $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of the firm's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the transaction, the insider owned 78,000 shares of the company's stock, valued at $23,174,580. This trade represents a 21.40% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 104,314 shares of company stock worth $31,272,223 in the last quarter. 40.90% of the stock is currently owned by company insiders.

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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