Haverford Financial Services Inc. Sells 3,911 Shares of Oracle Corporation $ORCL

Key Points

• Haverford Financial Services Inc. reduced its stake in Oracle Corporation by 4.4%, selling 3,911 shares, which now makes Oracle the fourth-largest position in its portfolio, valued at approximately $18.77 million.
• A significant number of institutional investors have also adjusted their holdings in Oracle, with 42.44% of the company's stock owned by such entities.
• Oracle recently announced a quarterly dividend of $0.50 per share, with a record date of October 9th and an annualized dividend yielding 0.7%.

Haverford Financial Services Inc. lessened its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 4.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 85,870 shares of the enterprise software provider's stock after selling 3,911 shares during the quarter. Oracle accounts for 5.6% of Haverford Financial Services Inc.'s investment portfolio, making the stock its 4th biggest position. Haverford Financial Services Inc.'s holdings in Oracle were worth $18,774,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Empirical Finance LLC lifted its stake in shares of Oracle by 0.8% during the second quarter. Empirical Finance LLC now owns 45,970 shares of the enterprise software provider's stock worth $10,050,000 after purchasing an additional 375 shares in the last quarter. Seizert Capital Partners LLC acquired a new position in shares of Oracle during the second quarter worth about $219,000. Nicholas Wealth LLC. lifted its stake in shares of Oracle by 1.3% during the second quarter. Nicholas Wealth LLC. now owns 7,390 shares of the enterprise software provider's stock worth $1,616,000 after purchasing an additional 95 shares in the last quarter. EMC Capital Management lifted its stake in shares of Oracle by 100.0% during the second quarter. EMC Capital Management now owns 2,000 shares of the enterprise software provider's stock worth $437,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Alteri Wealth LLC lifted its stake in shares of Oracle by 2.3% during the second quarter. Alteri Wealth LLC now owns 4,244 shares of the enterprise software provider's stock worth $928,000 after purchasing an additional 94 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on ORCL. Rothschild & Co Redburn started coverage on Oracle in a research note on Thursday, September 25th. They set a "sell" rating and a $175.00 price objective on the stock. Royal Bank Of Canada lifted their target price on Oracle from $145.00 to $195.00 and gave the stock a "sector perform" rating in a research report on Thursday, June 12th. Roth Capital reaffirmed a "hold" rating on shares of Oracle in a research report on Wednesday, June 18th. Cantor Fitzgerald lifted their target price on Oracle from $271.00 to $400.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $240.00 target price (up from $200.00) on shares of Oracle in a research report on Thursday, June 12th. Three research 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 given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $306.71.

Insider Buying and Selling

In other news, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the completion of the transaction, the director directly owned 17,764 shares of the company's stock, valued at approximately $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Naomi O. Seligman sold 3,303 shares of the company's stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the transaction, the director directly owned 31,447 shares of the company's stock, valued at $7,337,214.04. This trade represents a 9.51% 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 three months. 40.90% of the stock is owned by company insiders.

Oracle Stock Up 2.9%

Shares of Oracle stock opened at $296.95 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The firm has a market cap of $846.54 billion, a P/E ratio of 68.74, a P/E/G ratio of 3.11 and a beta of 1.53. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The business has a 50-day moving average price of $265.72 and a 200 day moving average price of $208.90.

Oracle (NYSE:ORCL - Get Free Report) last announced 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 firm 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%. The firm's quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, sell-side analysts forecast 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. Stockholders of record on Thursday, October 9th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. Oracle's dividend payout ratio is 46.30%.

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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